Working Papers

From Political Economy Research Institute, University of Massachusetts at Amherst
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Promising Avenues, False Starts and Dead Ends: Global Governance and Development Finance in the Wake of the Crisis

Ilene Grabel

Promising Avenues, False Starts and Dead Ends: Global Governance and Development Finance in the Wake of the Crisis

Ilene Grabel

The Structure of Employment, Globalization, and Economic Crises: Rethinking Contemporary Employment Dynamics with a Focus on the U.S. and Japan

James Heintz

Financial Stress and Asymmetric Financial Decisions

Christian Weller and Amy Helburn

Achieving Ethical Trade through Social Tariffs: The SITS Regime

George DeMartino, Jonathan Moyer and Kate Watkins

On Uneven Ground: How Corporate Governance Prioritizes Short-term Speculative Investments, Impedes Productive Investments, and Jeopardizes Productivity Growth

Christian Weller and Luke Reidenbach

Did Immigrants in the U.S. Labor Market Make Conditions Worse for Native Workers During the Great Recession?

Robert Pollin and Jeannette Wicks-Lim

Engel’s Law Around the World 150 Years Later

Richard Anker

Dynamics of Output and Employment in the U.S. Economy

Deepankar Basu and Duncan Foley

Outsourcing, Demand and Employment Loss in U.S. Manufacturing, 1990 – 2005

James Burke, Gerald Epstein and Seung-Yun Oh

Globalization and the Fiscal Autonomy of the State

J. Mohan Rao

Regaining Control? Capital Controls and the Global Financial Crisis

Kevin Gallagher

Costly Migration and the Incidence of State and Local Taxes

Jeffrey Thompson

Quantitative Easing: A Keynesian Critique

Thomas Palley

Wage Norms, Capital Accumulation and Unemployment: A Post Keynesian View

Engelbert Stockhammer

Supporting Africa’s Post-Crisis Growth: The Role of Macroeconomic Policies

Zuzana Brixiová Schwidrowski and Leonce Ndikumana

The Realism of Assumptions Does Matter: Why Keynes-Minsky Theory Must Replace Efficient Market Theory as the Guide to Financial Regulation Policy

James Crotty

Regulating Wall Street: Exploring the Political Economy of the Possible

Gerald Epstein and Robert Pollin

Unemployment Benefits and Work Incentives: The U.S. Labor Market in the Great Recession (revised)

David Howell and Bert Azizoglu

Searching for the Supposed Benefits of Higher Inequality: Impacts of Rising Top Shares on the Standard of Living of Low and Middle-Income Families

Jeffrey Thompson and Elias Leight

Fighting Austerity and Reclaiming a Future for State and Local Governments

Robert Pollin and Jeffrey Thompson

Democratizing Global Economic Governance: A PERI Symposium

Lisa Jordan, Keith Griffin and Jane D'Arista

The Great Austerity War: What Caused the Deficit Crisis and Who Should Pay to Fix It?

James Crotty

Financialization, Household Credit and Economic Slowdown in the U.S

Deepankar Basu

Financialization as a Theory of Crisis in a Historical Perspective: Nothing New under the Sun

Juan Pablo Mateo Tomé

U.S. Government Deficits and Debt Amid the Great Recession: What the Evidence Shows

Robert Pollin

Wrong Deficit Jobs, Deficits, and the Misguided Squabble over the Debt Ceiling

Tim Koechlin

A Policy Framework for Advancing Productive Investments and Clean Energy throughout the U.S. Economy

Robert Pollin

Trading Away Stability and Growth: United States Trade Agreements in Latin America

Kevin Gallagher

Relative Mortality Improvements as a Marker of Socio-Economic Inequality across the Developing World, 1990 - 2009

Deepankar Basu

Speculation on Commodities Futures Markets and Destabilization Of Global Food Prices: Exploring the Connections

Jayati Ghosh, James Heintz and Robert Pollin

Threat Effect of Foreign Direct Investment on Labor Union Wage Premium

Minsik Choi

What Does the Literature Tell Us About the Possible Effect of Changing Retirement Benefits on Public Employee Effectiveness?

Christian Weller

Inequality in the Great Recession: The Case of the United States

Jeffrey Thompson and Timothy M. Smeeding

Reregulating and Restructuring the Financial System: Some Critical Provisions of the Dodd-Frank Act

Jane D'Arista

The Federal Reserve-Treasury Accord and the Construction of the Post-War Monetary Regime in the United States

Gerald Epstein and Juliet Schor

“Financial” vs. “Real”: An Overview of the Contradictory Role of Finance

Ozgur Orhangazi

Contours of Alternative Policy Making in Venezuela

Ozgur Orhangazi

Credit Constraints And Productive Entrepreneurship In Africa

Leonce Ndikumana, Mina Baliamoune and Zuzana Brixiová Schwidrowski

Inequality in Our Age

Azizur R. Khan

The Myth of Financial Protectionism: The New (and old) Economics of Capital Controls

Kevin Gallagher

Modern Monetary Theory: A Debate

Brett Fiebiger, Scott Fullwiler, Stephanie Kelton and L. Randall Wray

Do Unionized Registered Nurses Reduce AMI Mortality?

Jean Ann Seago and Michael Ash

The Role of Institutional and Political Factors in the European Debt Crisis

Carlo Panico and Francesco Purificato

Financial Architectures and Development: Resilience, Policy Space, and Human Development in the Global South (revised June 2012)

Ilene Grabel

Rising Inequality as a Root Cause of the Present Crisis

Engelbert Stockhammer

The Global Governance of Capital Flows: New Opportunities, Enduring Challenges

Kevin Gallagher

The Great U.S. Liquidity Trap of 2009-11: Are We Stuck Pushing on Strings?

Robert Pollin

The Calorie Consumption Puzzle in India: An Empirical Investigation

Deepankar Basu and Amit Basole

Confronting Low Pay: Minimum Wage Policy and Employment in the U.S. and France

David Howell, Bert Azizoglu and Anna Okatenko