Working Papers

From Post Keynesian Economics Society (PKES)
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PKWP2012: Systems Estimation of a Structural Model of Distribution and Demand in the US Economy

Robert Blecker, Michael Cauvel and Yk Kim

PKWP2011: Macroeconomic impacts of the public health response to COVID-19

Eric Kemp-Benedict

PKWP2010: Labour markets in a Post-Keynesian growth model: the effects of endogenous productivity growth and working time reduction

Stefan Ederer and Armon Rezai

PKWP2009: Testing fundamentalist-momentum trader financial cycles. An empirical analysis via the Kalman filter

Filippo Gusella and Engelbert Stockhammer

PKWP2008: Growing differently? Financial cycles, austerity, and competitiveness in growth models since the Global Financial Crisis

Karsten Kohler and Engelbert Stockhammer

PKWP2007: Liquidity preference, capital accumulation and investment financing: Fernando Carvalho’s contributions to the Post-Keynesian paradigm

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

Santiago Gahn

PKWP2005: House prices, private debt and the macroeconomics of comparative political economy

James Wood and Engelbert Stockhammer

PKWP2004: Labor-augmenting technical change and the labor share: New microeconomic foundations

Daniele Tavani and Luca Zamparelli

PKWP2003: Fiscal policy as a long-run stabilization tool. Simulations with a stock-flow consistent model

Mario Cassetti

PKWP2002: Secular stagnation and core-periphery uneven development in post-crisis eurozone

Alberto Botta and Ben Tippet

PKWP2001: A comment on fitting Pareto tails to complex survey data

Rafael Wildauer and Jakob Kapeller

PKWP1922: On the empirical content of the convergence debate: Cross country evidence on growth and capacity utilisation

Santiago Gahn and Alejandro González

PKWP1921: Rank correction: a new approach to differential nonresponse in wealth survey data

Rafael Wildauer and Jakob Kapeller

PKWP1920: A new developmentalist model of structural change, economic growth and middle-income trap

José Luís Oreiro and Kalinka Martins da Silva

PKWP1918: Wealth inequality and aggregate demand

Stefan Ederer and Miriam Rehm

PKWP1917: Development banking, state of confidence and sustainable growth

Victor Isidro Luna

PKWP1916: A Keynes + Schumpeter model to explain development, speculation and crises

Giancarlo Bertocco and Andrea Kalajzić

PKWP1915: The neo-Goodwinian model reconsidered

Michael Cauvel

PKWP1914: Rich and ever richer: Differential returns across socio-economic groups

Stefan Ederer, Maximilian Mayerhofer and Miriam Rehm

PKWP1913: Convergence of actual, warranted, and natural growth rates in a Kaleckian-Harrodian-classical model

Eric Kemp-Benedict

PKWP1912: Fiscal policy and ecological sustainability: A post-Keynesian perspective

Yannis Dafermos and Maria Nikolaidi

PKWP1911: Financialization and demand regimes in advanced economies

Engelbert Stockhammer and Karsten Kohler

PKWP1910: Macroeconomics vs Modern Money Theory: Some unpleasant Keynesian arithmetic

Thomas Palley

PKWP1909: When complexity meets finance: A contribution to the study of the macroeconomic effects of complex financial systems

Alberto Botta, Eugenio Caverzasi and Alberto Russo

PKWP1908: Building blocks for the macroeconomics and political economy of housing

Engelbert Stockhammer and Christina Wolf

PKWP1907: Debt-driven business cycles in historical perspective: The cases of the USA (1889-2015) and UK (1882-2010)

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

Karsten Kohler

PKWP1905: The Great Recession and the teaching of macroeconomics: A critical analysis of the Blanchard, Amighini and Giavazzi textbook

Giancarlo Bertocco and Andrea Kalajzić

PKWP1904: Coupling cycle mechanisms: Minsky debt cycles and the multiplier-accelerator

Engelbert Stockhammer

PKWP1903: Firm beliefs and long-run demand effects in a labor-constrained model of growth and distribution

Daniele Tavani and Luke Petach

PKWP1902: Demand and distribution regimes, output hysteresis, and cyclical dynamics in a Kaleckian model

Hiroshi Nishi and Engelbert Stockhammer

PKWP1901: The fracturing of globalization: Implications of economic resentments and geopolitical contradictions

Thomas Palley

PKWP1815: The Financial Innovation Hypothesis: Schumpeter, Minsky and the sub-prime mortgage crisis

Eugenio Caverzasi and Daniele Tori

PKWP1814: On the “utilisation controversy”: a comment

Santiago Gahn and Alejandro González

PKWP1813: Varieties of Capitalism and post-Keynesian economics on Eurocrisis

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

Paula Marina Sarno and Norberto Montani Martins

PKWP1811: Wages, income distribution and economic growth in Scandinavia

Erik Bengtsson and Engelbert Stockhammer

PKWP1810: Bringing the helicopter to ground: a historical review of fiscal-monetary coordination to support economic growth in the 20th century

Josh Ryan-Collins and Frank van Lerven

PKWP1809: Demand regimes, financialisation and hysteresis. New Keynesian and post-Keynesian macroeconomic underpinnings of the Varieties of Capitalism

Engelbert Stockhammer

PKWP1808: Making sense of Piketty’s ‘fundamental laws’ in a Post-Keynesian framework

Stefan Ederer and Miriam Rehm

PKWP1807: Toward a new microfounded macroeconomics in the wake of the crisis

Eugenio Caverzasi and Alberto Russo

PKWP1806: Household wealth structures and position in the income distribution – econometric analysis for the USA, 1989-2013

Hanna Szymborska

PKWP1805: Distribution, wealth and demand regimes in historical perspective. USA, UK, France and Germany, 1855-2010

Engelbert Stockhammer, Joel Rabinovich and Niall Reddy

PKWP1804: A dynamic spatial model of global governance structures

Giorgos Galanis and Ashok Kumar

PKWP1803: The drivers of household indebtedness re-considered: an empirical evaluation of competing arguments on the macroeconomic determinants of household indebtedness in OECD countries

Glennie Moore and Engelbert Stockhammer

PKWP1802: The impact of financialisation on the wage share: a theoretical clarification and empirical test

Karsten Kohler, Alexander Guschanski and Engelbert Stockhammer

PKWP1801: The theoretical basis of the CGIL's analysis of the Italian economic decline

Guglielmo Forges Davanzati and Nicolò Giangrande

PKWP1717: Will wealth become more concentrated in Europe? Evidence from a calibrated neo-Kaleckian model

Stefan Ederer and Miriam Rehm

PKWP1716: Are current accounts driven by competitiveness or asset prices? A synthetic model and an empirical test

Alexander Guschanski and Engelbert Stockhammer