UMASS Amherst Economics Working Papers

From University of Massachusetts Amherst, Department of Economics
Thompson Hall, Amherst, MA 01003.
Contact information at EDIRC.
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2021-15: Visions of the future – a socialist departure from gloom?

Peter Skott and Paul Auerbach

2021-14: Structural Change Ramifications of Consumer Credit Expansion in a Two Sector Growth Model

Esra Ugurlu

2021-13: Global Value Chains and Unequal Exchange- Market Power and Monopoly Power

Deepankar Basu and Ramaa Vasudevan

2021-12: Shadow Banks and the Collateral Multiplier

Thomas Michl and Hyun Woong Park

2021-11: The Neoclassical Theory of Aggregate Investment and its Criticisms

Daniele Girardi

2021-10: Bounding Sets for Treatment Effects with Proportional Selection

Deepankar Basu

2021-09: The Structural Outcomes of Investment Surges

Mateo Hoyos, Emiliano Libman and Arslan Razmi

2021-08: Inflation in developing economies

Peter Skott

2021-07: Does economics make you selfish?

Daniele Girardi, Sai Madhurika Mamunuru, Simon D Halliday and Samuel Bowles

2021-06: Churning and profitability in the U.S. Corporate Sector

Leila Davis and Joao de Souza

2021-05: Bias-Adjusted Treatment Effects Under Equal Selection

Deepankar Basu

2021-04: Land for peace? Israel-Palestine through the lens of game theory

Amal Ahmad

2021-03: Imperfect information and learning: Evidence from cotton cultivation in Pakistan

Amal Ahmad

2021-02: What You Exported Matters: Persistence in Productive Capabilities across Two Eras of Globalization

Isabella M Weber, Gregor Semieniuk, Tom Westland and Junshang Liang

2021-01: What is the Impact of an Intensification of Labour on the Rate and Form of Exploitation?

Deepankar Basu, Cameron Haas and Athanasios Moraitis

2020-12: Fiscal Policy, the Sraffian Supermultiplier and Functional Finance

Peter Skott, Júlio Fernando Costa Santos and José Luís Oreiro

2020-11: Fiscal policy and structural transformation in developing economies

Peter Skott

2020-10: Unit Labor Costs and Manufacturing Sector Performance in Africa

Karmen Naidoo and Léonce Ndikumana

2020-09: Weaknesses of MMT as a Guide to Development Policy

Adam Aboobaker and Esra Ugurlu

2020-08: Sources of inflation and the effects of balanced budgets and inflation targeting in developing economies

Guilherme Martins and Peter Skott

2020-07: Can Commodities be Substances of Value?

Deepankar Basu

2020-06: The Real Exchange Rate and Development - Theory, Evidence, Issues, and Challenges

Raphael Gouvea

2020-05: Large devaluations and inflation inequality: evidence from Brazil

Raphael Gouvea

2020-04: Some Short-run Macroeconomic Considerations as Society Deals with a Once-in-Generations Pandemic

Arslan Razmi

2020-03: What to Make of the Kaldor-Verdoorn Law?

Deepankar Basu and Manya Budhiraja

2020-02: A Marxian Model of Market for Money Capital: Profit Rate, Interest Rate, and Leverage Ratio

Hyun Woong Park

2020-01: Revisiting India’s Growth Transitions

Deepankar Basu

2019-21: Aggregate demand policy in mature and dual economies

Peter Skott

2019-20: Capital inflows, sustained investment surges, and the role of external economies of scale in a developing economy

Arslan Razmi

2019-19: Walking the Tightrope of Real Exchange Rate Policy for Development: the Roles of Targets, Instruments, and Saving Rates

Arslan Razmi

2019-18: Inequality in Energy Consumption: Statistical Equilibrium or a Question of Accounting Conventions?

Gregor Semieniuk and Isabella M. Weber

2019-17: The Profit Rate in Chile: 1900-2010

Diego Polanco

2019-16: Accumulation by Dispossession and Electoral Democracies: An Analysis of Land Acquisition for Special Economic Zones in India

Kartik Misra

2019-15: Technical Change, Income Distribution, and Profitability in Multisector Linear Economies

Weikai Chen

2019-14: Majoritarian Politics and Hate Crimes Against Religious Minorities in India, 2009–2018

Deepankar Basu

2019-13: No Employment without Participation: An Evaluation of India's Employment Program in Eastern Uttar Pradesh

Kartik Misra

2019-12: Capital Flight, Foreign Direct Investment and Natural Resources in Africa

Leonce Ndikumana and Mare Sarr

2019-11: Disarticulation as a Constraint to Wage-led Growth in Dual Economies

Adam Aboobaker

2019-10: Persistent Exploitation with Intertemporal Reproducible Solution in Pre-industrial Economies

Weikai Chen and Naoki Yoshihara

2019-09: Is India’s Employment Guarantee Program Successfully Challenging Her Historical Inequalities?

Kartik Misra

2019-08: What is the Impact of an Exogenous Shock to the Wage Share? VAR Results for the US Economy, 1973–2018

Deepankar Basu and Leila Gautham

2019-07: Impact of Development aid on infant mortality: Micro-level evidence from Cote d’Ivoire

Didier Wayoro and Leonce Ndikumana

2019-06: Partisanship and local fiscal policy: evidence from Brazilian cities

Raphael Gouvea and Daniele Girardi

2019-05: On the General Impossibility of Persistent Unequal Exchange Free Trade Equilibria in the Pre-industrial World Economy

Soh Kaneko and Naoki Yoshihara

2019-04: Sraffian Indeterminacy in General Equilibrium Revisited

Naoki Yoshihara and Se Ho Kwak

2019-03: Economic Transition, Dualism, and Informality in India

Surbhi Kesar

2019-02: Cross-Border Financial Effects of Global Warming In a Two-Area Ecological SFC Model

Emilio Carnevali, Matteo Deleidi, Riccardo Pariboni and Marco Veronese Passarella

2019-01: Capital, Non-Capital and Transformative Politics in Contemporary India

Deepankar Basu

2018-21: How Do Nascent Social Entrepreneurs Respond to Rewards? A Field Experiment on Motivations in a Grant Competition

Ina Ganguli, Marieke Huysentruyt and Chloe Le Coq

2018-20: The long run dynamics of economic growth with environmental catastrophe

Alex Coram