Working Papers

From Post Keynesian Economics Society (PKES)
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PKWP2510: Inequality Feeds Profits: A Re-Examination of US Economic Performance 1960–2019 in the Light of Kalecki's Equation

Mario Cassetti

PKWP2509: The Process of Capital Formation: the finance-investment-savings-funding circuit in a Keynesian Stock-Flow Consistent Model

Jose Oreiro

PKWP2508: The “Utilization Controversy”: Demand and Utilization in Alternative Theories of Economic Growth and Distribution

Michalis Nikiforos

PKWP2507: The Balance-of-Emissions Constraint on Growth: Pathways to Net-Zero Greenhouse Gas Emissions in a Simple Post-Keynesian Model

Valeria Jimenez and Ryan Woodgate

PKWP2506: Wealth distribution with and without real estate assets and mortgage debt in ten European countries – a post-Kaleckian approach

Eckhard Hein, Moritz Marpe and Karolina Schütt

PKWP2505: The Rise of Merger and Acquisitions in the US: Consequences for Investment, Market Concentration, and Profits -An Integrated and a Macroeconomic Approach with Firm-Level Data

Ayoze Alfageme

PKWP2504: The Essential Role of Conventional Beliefs in Economics: Keynesian Unemployment Despite Price Flexibility

Biagio Bossone

PKWP2503: Between academia and economic policy: The rise and decline of post-Keynesian economics in Austria

Engelbert Stockhammer, Quirin Dammerer and Andreas Maschke

PKWP2502: The Impact of Disguised Unemployment over Fiscal Multipliers in Brazil (2012-2024)

Henrique Salviano Fernandes and Jose Oreiro

PKWP2501: UK Markups and Profit Margins during the pandemic and its aftermath

Alexander Guschanski and Ozlem Onaran

PKWP2413: The Monetary Circuit in a Developed Financial System: From Credit Creation to Profit Realization

Alberto Botta, Eugenio Caverzasi and Daniele Tori

PKWP2412: Back to fiscal rules: The insanity of normality, unless the rich pay for it!

Alberto Botta, Eugenio Caverzasi and Alberto Russo

PKWP2411: Class Coalition and the Political Economy of New Developmentalism: an essay in honour of Bresser-Pereira

Jose Oreiro

PKWP2410: Institutional changes, effective demand and inequality: a structuralist model of secular stagnation

Vinicius Cicero and Daniele Tavani

PKWP2409: The military-industrial complex as a variety of capitalism and threat to democracy: rethinking the political economy of guns versus butter

Thomas Palley

PKWP2408: The impact of trade liberalisation and exchange rate undervaluation on exports, imports, and trade balance of Latin American countries (1970-2019)

Marcos A. L. de Campos, Jose Oreiro and Kalinka Martins da Silva

PKWP2407: Assessing the Political Aspects of Full Employment: Evidence from Strikes and Lockouts

Luke Petach

PKWP2406: Conflict inflation: Keynesian path dependency or Marxian cumulation?

Peter Skott

PKWP2405: Keynesian Policy Space in "Globalized" Economies

Biagio Bossone

PKWP2404: Kalecki’s and Keynes’s Perspectives on Achieving and Sustaining Full Employment in a Global Economy

Eckhard Hein and Hagen Krämer

PKWP2403: An introduction to the distributional role of bank credit to workers in a surplus approach framework

Riccardo Zolea

PKWP2402: Corporate Financialization: A Conceptual Clarification and Critical Review of the Literature

Joel Rabinovich and Niall Reddy

PKWP2401: Pasinetti, debt sustainability and (green) structural change at the time of global finance: An emerging and developing countries’ perspective

Alberto Botta, Danilo Spinola, Giuliano Toshiro Yajima and Gabriel Porcile

PKWP2316: Quantifying Non-Tariff Barriers and Assessing their impacts on India’s key Agricultural exports using a Gravity Model

Saarthak Sharma

PKWP2315: The Theoretical Superiority of the Compensation view in Explaining Monetary Policy Autonomy

Zico Dasgupta

PKWP2314: An Antidote for Securitization? How Covered Bonds Fuel Household Indebtedness in Sweden’s Financialized Growth Model

Viktor Skyrman

PKWP2313: A test of “turbulent arbitrage”

Eric Kemp-Benedict

PKWP2312: Environmental Sustainability and the Economic Complexity: Policy Implications for a New Developmentalism Strategy

Daniel Moura da Costa Teixeira, Helder Lara Ferreira Filho and Jose Oreiro

PKWP2311: Social Processes of Oppression in the Stratified Economy and Veblenian Feminist Post Keynesian Connections

Zdravka Todorova

PKWP2310: Same old song: On the macroeconomic and distributional effects of leaving a Low Interest Rate Environment

Alberto Botta, Eugenio Caverzasi and Alberto Russo

PKWP2309: Energy Price Shocks, Conflict Inflation, and Income Distribution in a Three-sector Model

Rafael Wildauer, Karsten Kohler, Adam Aboobaker and Alexander Guschanski

PKWP2308: Life Expectancy and the Labor Share in the U.S

Michael Cauvel and Miguel Alejandro Sanchez

PKWP2307: Components of autonomous demand growth and financial feedbacks: Implications for growth drivers and growth regime analysis

Ryan Woodgate, Eckhard Hein and Ricardo Summa

PKWP2306: The changing financial practises of Brazilian and Turkish firms under financial subordination, a mixed-methods analysis

Annina Kaltenbrunner, Elif Karaçimen and Joel Rabinovich

PKWP2305: Social common capital accumulation and fiscal sustainability in a wage-led growth economy

Hiroshi Nishi and Kazuhiro Okuma

PKWP2304: Fiscal policy and social infrastructure provision under alternative growth and distribution regimes

Hiroshi Nishi and Kazuhiro Okuma

PKWP2303: Rentiers, Strategic Public Goods and Financialization in the Periphery

Gabriel Porcile and Gilberto Lima

PKWP2302: Price and Prejudice: A Note on the Return of Inflation and Ideology

MatÍas Vernengo and Esteban Perez Caldentey

PKWP2301: Resurgence of inflation: Assessing the role of Macroeconomic Policies

Hamid Raza, Thibault Laurentjoye, Mikael Randrup Byrialsen and Sebastian Valdecantos

PKWP2229: Secular Stagnation: A Classical-Marxian View

Manuel Cruz and Daniele Tavani

PKWP2228: Financial integration, productive development and fiscal policy space in developing countries

Alberto Botta, Gabriel Porcile, Danilo Spinola and Giuliano Toshiro Yajima

PKWP2227: Debunking the short-termist thesis in financialization studies: Evidence from US non-financial corporations 1998 – 2018

Niall Reddy and Joel Rabinovich

PKWP2226: Macroeconomic ingredients for a growth model analysis for peripheral economies. A post-Keynesian-structuralist approach

Engelbert Stockhammer

PKWP2225: Classical and Keynesian Models of Inequality and Stagnation

Codrina Rada, Daniele Tavani, Rudiger von Arnim and Luca Zamparelli

PKWP2224: A tale of housing cycles and fiscal policy, not competitiveness. Growth drivers in southern Europe

Engelbert Stockhammer and Andre Novas Otero

PKWP2223: Ecological Transition and Structural Change: A New-Developmentalist Analysis

Giulio Guarini and José Luís Oreiro

PKWP2222: Foreign exchange reserves, imperfect substitutability of financial assets and the monetary policy quadrilemma

Thibault Laurentjoye

PKWP2221: An Estimation of Unemployment Hysteresis

Engelbert Stockhammer and Rob Calvert Jump

PKWP2220: Theorizing dollar hegemony, Part 1: the political economic foundations of exorbitant privilege

Thomas Palley

PKWP2219: Household credit-financed consumption and the debt service ratio: tackling endogenous autonomous demand in the Supermultiplier model

Joana David Avritzer and Lidia Brochier