Working Papers

From Political Economy Research Institute, University of Massachusetts at Amherst
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Could International Labor Rights Play a Role in U.S. Trade?

Christian Weller

On the Nature and Causes of the Collapse of the Wealth of Nations, 2007-2008: The End of a Façade Called Globalization

Erinc Yeldan

Response to “Seven Myths about Green Jobs” and “Green Jobs Myths”

Robert Pollin

The Social Construction of Successful Market Reforms

David Stuckler, Lawrence King and Greg Patton

Securities Transaction Taxes for U.S. Financial Markets

Marc Schaberg, Dean Baker and Robert Pollin

The Simple Analytics of Debt-Driven Business Cycles

Thomas Palley

Unemployment Compensation and High European Unemployment: A Reassessment with New Benefit Indicators

David Howell and Miriam Rehm

The Effectiveness of Monetary Policy Reconsidered

John Weeks

Goodwin or Kalecki in Demand? Functional Income Distribution and Aggregate Demand in the Short Run

Engelbert Stockhammer and Robert Stehrer

The Interaction of Metropolitan Cost-of-living & the Federal Earned Income Tax Credit: One Size Fits All?

Katie Fitzpatrick and Jeffrey Thompson

Socialization of Risks without Socialization of Investment: The Minsky Paradox and the Structural Contradiction of Big Government Capitalism

Minqi Li

Did Retirees Save Enough to Compensate for the Increase in Individual Risk Exposure?

Christian Weller

Climate Change and Damage from Extreme Weather Events

Robert Repetto and Robert Easton

Labor productivity: a comparative analysis of the European Union and United States, for the period 1994-2007

Rafael Fernández and Enrique Palazuelos

The Bonus-Driven “Rainmaker” Financial Firm: How These Firms Enrich Top Employees, Destroy Shareholder Value and Create Systemic Financial Instability (revised)

James Crotty

Can Advocacy-Led Certification Systems Transform Global Corporate Practices? Evidence, and Some Theory

Michael E. Conroy

Public Policy Options to Build Wealth for America’s Middle Class

Christian Weller and Amy Helburn

Public Investment, Industrial Policy and U.S. Economic Renewal

Robert Pollin and Dean Baker

The Potential Revenue from Financial Transactions Taxes

Dean Baker, Robert Pollin, Travis McArthur and Matt Sherman

Capital Controls and 21st Century Financial Crises: Evidence from Colombia and Thailand

Bruno Coelho and Kevin Gallagher

Not Your Grandfather’s IMF: Global Crisis, ‘Productive Incoherence’ and Developmental Policy Space (significantly revised)

Ilene Grabel

Falling into the Liquidity Trap: Notes on the Global Economic Crisis

Thomas Michl

Property Rights Reform and Development: A Critique of the Cross-National Regression Literature

Lawrence King and Osvaldo Gómez Martínez

Economic Inequality and Environmental Quality: Evidence of Pollution Shifting in Russia

Marina Vornovytskyy and James Boyce

Is There a Case for Formal Inflation Targeting in Sub-Saharan Africa?

James Heintz and Leonce Ndikumana

Generating Jobs through State Employer Tax Credits: Is there a Better Way? (Revised)

Heidi Garrett-Peltier and Jeffrey Thompson

China's Urban Unemployment: Exposed 'Disguised Unemployment' or Insufficient Aggregate Demand?

Minqi Li

The International Circuit of Key Currencies and the Global Crisis: Is there Scope for Reform?

Lilia Costabile

The Troubling Economics and Politics of Paying Interest on Bank Reserves: A Critique of the Federal Reserve’s Exit Strategy

Thomas Palley

The Governance Grenade: Mass Privatization, State Capacity and Economic Growth in Post-communist Countries

Patrick Hamm, David Stuckler and Lawrence King

The Case for Constructive Ambiguity in a Regulated System: Canadian Banks and the ‘Too Big To Fail’ Problem

Ellen Russell

The Proximity of High Volume Developmental Neurotoxin Polluters to Schools: Vulnerable Populations at Risk

Cristina Legot, Bruce London and John Shandra

Recent Trends in the Distribution of Income: Labor, Wealth and More Complete Measures of Well Being

Jeffrey Thompson and Timothy M. Smeeding

Fiscal Crisis in Europe or a Crisis of Distribution?

Ozlem Onaran

Post-Manichean Economics: Foreign Investment, State Capacity and Economic Development in Transition Economies

Patrick Hamm and Lawrence King

Institutions, Aggregate Demand and Cross-Country Employment Performance: Alternative Theoretical Perspectives and the Evidence

David Howell

Is Environmental Justice Good for White Folks?

Michael Ash, James Boyce, Grace Chang and Helen Scharber

Economic Performance in Post-Crisis Korea: A Critical Perspective on Neo-Liberal Restructuring

Kang-Kook Lee and James Crotty

Contractionary Monetary Policy and the Dynamics of U.S. Race and Gender Stratification

Stephanie Seguino and James Heintz

Easy Money? Health and 401(k) Loans

Christian Weller and Jeffrey Wenger

Undercounting the Underemployed: How Official Indicators Have Missed Millions of Underutilized Workers

David Howell

The Wage Penalty for State and Local Government Employees in New England

Jeffrey Thompson and John Schmitt

The causes of the debt crisis in Europe and the role of regional integration

Carlo Panico

Austerity is Not a Solution: Why the Deficit Hawks are Wrong

Robert Pollin

Proximity to Industrial Releases of Toxins and Childhood Respiratory, Developmental, and Neurological Diseases: Environmental Ascription in East Baton Rouge Parish: Revised

Cristina Legot, Bruce London, John Shandra and Anna Rosofsky

The Freetown Declaration: Countercyclical Policy for Africa

John Weeks

Financing Peace: International and National Resources for Postconflict Countries and Fragile States

James Boyce and Shepard Forman

Financial Economists, Financial Interests and Dark Corners of the Meltdown: It’s Time to Set Ethical Standards for the Economics Profession

Gerald Epstein and Jessica Carrick-Hagenbarth

Shifting From the Home to the Market: Accounting for Women's Work in Taiwan, 1965-1995

Elissa Braunstein

Financialization and the Global Economy

Engelbert Stockhammer