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Working Papers

From Post Keynesian Economics Society (PKES)
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PKWP2024: European Monetary Union and Inequality: A Synthetic Control Approach Downloads
Florentin Kerschbaumer and Andreas Maschke
PKWP2023: Demand and growth regimes in finance-dominated capitalism and the role of the macroeconomic policy regime: a post-Keynesian comparative study on France, Germany, Italy and Spain before and after the Great Financial Crisis and the Great Recession Downloads
Eckhard Hein and Judith Martschin
PKWP2022: Post-Keynesian macroeconomic foundations for Comparative Political Economy Downloads
Engelbert Stockhammer
PKWP2021: Induced shifting involvements and cycles of growth and distribution Downloads
Michalis Nikiforos
PKWP2020: Why MMT can’t work: A Keynesian Perspective Downloads
Biagio Bossone
PKWP2019: Gross capital flows and the balance-of-payments: a balance sheet perspective Downloads
Karsten Kohler
PKWP2018: Financialisation, working conditions and contagion dynamics in developing and emerging economies Downloads
Giorgos Galanis and Giorgos Gouzoulis
PKWP2017: The interbank market, Keynes’s degree of confidence and the link between banks’ liquidity and solvency Downloads
Konstantinos Loizos
PKWP2016: Understanding Dollarization: a Keynesian/Kaleckian Perspective Downloads
Marco Missaglia
PKWP2015: The role of liquidity preference in a framework of endogenous money Downloads
Marco Missaglia and Alberto Botta
PKWP2014: Stability issues in Kaleckian models driven by autonomous demand growth – Harrodian instability and debt dynamics Downloads
Eckhard Hein and Ryan Woodgate
PKWP2013: The odd fiscal ‘implicit bargain’ in the Eurozone. A continental view of sovereignty: List, Chartalism, and Keynes’ international economics Downloads
Ignacio Ramirez Cisneros
PKWP2012: Systems Estimation of a Structural Model of Distribution and Demand in the US Economy Downloads
Robert Blecker, Michael Cauvel and Yk Kim
PKWP2011: Macroeconomic impacts of the public health response to COVID-19 Downloads
Eric Kemp-Benedict
PKWP2010: Labour markets in a Post-Keynesian growth model: the effects of endogenous productivity growth and working time reduction Downloads
Stefan Ederer and Armon Rezai
PKWP2009: Testing fundamentalist-momentum trader financial cycles. An empirical analysis via the Kalman filter Downloads
Filippo Gusella and Engelbert Stockhammer
PKWP2008: Growing differently? Financial cycles, austerity, and competitiveness in growth models since the Global Financial Crisis Downloads
Karsten Kohler and Engelbert Stockhammer
PKWP2007: Liquidity preference, capital accumulation and investment financing: Fernando Carvalho’s contributions to the Post-Keynesian paradigm Downloads
José Luís Oreiro, Luiz Fernando de Paula and João Pedro Heringer Machado
PKWP2006: Is there a decreasing trend in capacity utilisation in the US economy? Some new evidence Downloads
Santiago Gahn
PKWP2005: House prices, private debt and the macroeconomics of comparative political economy Downloads
James Wood and Engelbert Stockhammer
PKWP2004: Labor-augmenting technical change and the labor share: New microeconomic foundations Downloads
Daniele Tavani and Luca Zamparelli
PKWP2003: Fiscal policy as a long-run stabilization tool. Simulations with a stock-flow consistent model Downloads
Mario Cassetti
PKWP2002: Secular stagnation and core-periphery uneven development in post-crisis eurozone Downloads
Alberto Botta and Ben Tippet
PKWP2001: A comment on fitting Pareto tails to complex survey data Downloads
Rafael Wildauer and Jakob Kapeller
PKWP1922: On the empirical content of the convergence debate: Cross country evidence on growth and capacity utilisation Downloads
Santiago Gahn and Alejandro González
PKWP1921: Rank correction: a new approach to differential nonresponse in wealth survey data Downloads
Rafael Wildauer and Jakob Kapeller
PKWP1920: A new developmentalist model of structural change, economic growth and middle-income trap Downloads
José Luís Oreiro and Kalinka Martins da Silva
PKWP1919: The rise of corporate net lending among G7 countries: a firm-level analysis Downloads
Davide Villani
PKWP1918: Wealth inequality and aggregate demand Downloads
Stefan Ederer and Miriam Rehm
PKWP1917: Development banking, state of confidence and sustainable growth Downloads
Victor Isidro Luna
PKWP1916: A Keynes + Schumpeter model to explain development, speculation and crises Downloads
Giancarlo Bertocco and Andrea Kalajzić
PKWP1915: The neo-Goodwinian model reconsidered Downloads
Michael Cauvel
PKWP1914: Rich and ever richer: Differential returns across socio-economic groups Downloads
Stefan Ederer, Maximilian Mayerhofer and Miriam Rehm
PKWP1913: Convergence of actual, warranted, and natural growth rates in a Kaleckian-Harrodian-classical model Downloads
Eric Kemp-Benedict
PKWP1912: Fiscal policy and ecological sustainability: A post-Keynesian perspective Downloads
Yannis Dafermos and Maria Nikolaidi
PKWP1911: Financialization and demand regimes in advanced economies Downloads
Engelbert Stockhammer and Karsten Kohler
PKWP1910: Macroeconomics vs Modern Money Theory: Some unpleasant Keynesian arithmetic Downloads
Thomas Palley
PKWP1909: When complexity meets finance: A contribution to the study of the macroeconomic effects of complex financial systems Downloads
Alberto Botta, Eugenio Caverzasi and Alberto Russo
PKWP1908: Building blocks for the macroeconomics and political economy of housing Downloads
Engelbert Stockhammer and Christina Wolf
PKWP1907: Debt-driven business cycles in historical perspective: The cases of the USA (1889-2015) and UK (1882-2010) Downloads
Engelbert Stockhammer, Giorgos Gouzoulis and Robert Calvert Jump
PKWP1906: Exchange rate dynamics, balance sheet effects, and capital flows. A Minskyan model of emerging market boom-bust cycles Downloads
Karsten Kohler
PKWP1905: The Great Recession and the teaching of macroeconomics: A critical analysis of the Blanchard, Amighini and Giavazzi textbook Downloads
Giancarlo Bertocco and Andrea Kalajzić
PKWP1904: Coupling cycle mechanisms: Minsky debt cycles and the multiplier-accelerator Downloads
Sakir Yilmaz and Engelbert Stockhammer
PKWP1903: Firm beliefs and long-run demand effects in a labor-constrained model of growth and distribution Downloads
Daniele Tavani and Luke Petach
PKWP1902: Demand and distribution regimes, output hysteresis, and cyclical dynamics in a Kaleckian model Downloads
Hiroshi Nishi and Engelbert Stockhammer
PKWP1901: The fracturing of globalization: Implications of economic resentments and geopolitical contradictions Downloads
Thomas Palley
PKWP1815: The Financial Innovation Hypothesis: Schumpeter, Minsky and the sub-prime mortgage crisis Downloads
Eugenio Caverzasi and Daniele Tori
PKWP1814: On the “utilisation controversy”: a comment Downloads
Santiago Gahn and Alejandro González
PKWP1813: Varieties of Capitalism and post-Keynesian economics on Eurocrisis Downloads
Engelbert Stockhammer and Syed Mohib Ali
PKWP1812: Derivatives, financial fragility and systemic risk: lessons from Barings Bank, Long-Term Capital Management, Lehman Brothers and AIG Downloads
Paula Marina Sarno and Norberto Martins
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