UMASS Amherst Economics Working Papers

From University of Massachusetts Amherst, Department of Economics
Thompson Hall, Amherst, MA 01003.
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2018-19: Bias of OLS Estimators due to Exclusion of Relevant Variables and Inclusion of Irrelevant Variables

Deepankar Basu

2018-18: Autonomous Demand and the Investment Share

Daniele Girardi and Riccardo Pariboni

2018-17: A Note on Krugman's Liquidity Trap

Stefano Di Bucchianico

2018-16: When Can We Determine the Direction of Omitted Variable Bias of OLS Estimators?

Deepankar Basu

2018-15: A Puzzle about the Monetary Expression of Labor Time: An Equilibrating Mechanism or Just A Coincidence?

Hyun Woong Park and Dong–Min Rieu

2018-14: Politics-Driven Exchange Rate Cycles: East Asia vs. Latin America

Arslan Razmi

2018-13: Montenegro’s Unilateral Euroization

Arslan Razmi

2018-12: The Real Exchange Rate Policy Trilemma in Developing Economies

Arslan Razmi

2018-11: Normal utilization as the adjusting variable in Neo-Kaleckian growth models: a critique

Daniele Girardi and Riccardo Pariboni

2018-10: A Model of the Marxist Rent Theory

Debarshi Das

2018-09: Addendum to "Marx's Analysis of Ground-Rent: Theory, Examples and Applications"

Deepankar Basu

2018-08: Political shocks and financial markets: regression-discontinuity evidence from national elections

Daniele Girardi

2018-07: Unproductive Activities and the Rate of Surplus Value at the Industry Level in Korea, 1995–2015

Dong–Min Rieu and Hyun Woong Park

2018-06: Does the Steindl-Dutt Investment Function Rule Out Profit-Led Expansion?

Deepankar Basu

2018-05: Genetic Diversity and Economic Development: Assessing the Key Findings in Ashraf and Galor (2013)

Raymond Caraher and Michael Ash

2018-04: Marx's Analysis of Ground-Rent: Theory, Examples and Applications

Deepankar Basu

2018-03: Challenges for post-Keynesian macroeconomics

Peter Skott

2018-02: An Approach to the Problem of Employment in India

Deepankar Basu

2018-01: Measuring Labor Market Segmentation from Incomplete Data

Noe Wiener

2017-21: A Unified Marxist Approach to Accumulation and Crisis in Capitalist Economies

Deepankar Basu

2017-20: Production and distribution in political-economic systems: a non-atomic game

Alex Coram

2017-19: Institutional shocks and economic outcomes: Allende's election, Pinochet's coup and the Santiago stock market

Daniele Girardi and Samuel Bowles

2017-18: Neoliberal Redistributive Policy: The U.S. Net Social Wage in the 21st Century

Katherine A. Moos

2017-17: The Political Economy of State Regulation: The Case of the English Factory Acts

Katherine A. Moos

2017-16: Securing Basic Well-being for All

Reiko Gotoh and Naoki Yoshihara

2017-15: Partially-honest Nash implementation: a full characterization

Michele Lombardi and Naoki Yoshihara

2017-14: The measurement of labour content: a general approach

Naoki Yoshihara and Roberto Veneziani

2017-13: Credit Constraints and Economic Growth in a Dual Economy

Peter Skott and Leopoldo Gomez-Ramirez

2017-12: The Structure and Content of Das Kapital

Deepankar Basu

2017-11: Is planet Earth as a whole likely to be wage-led?

Arslan Razmi

2017-10: Public Debt and Growth: An Assessment of Key Findings on Causality and Thresholds

Michael Ash, Deepankar Basu and Arindrajit Dube

2017-09: Sustained investment surges

Emiliano Libman, Juan Montecino and Arslan Razmi

2017-08: An empirical analysis of Minsky regimes in the US economy

Leila Davis, Joao Paulo A. de Souza and Gonzalo Hernandez Jimenez

2017-07: Treading a fine line: (Im)possibilities for Nash implementation with partially-honest individuals

Michele Lombardi and Naoki Yoshihara

2017-06: Comments on Full Industry Equilibrium: A Theory of the Industrial Long Run by Arrigo Opocher and Ian Steedman (2015)

Naoki Yoshihara

2017-05: Natural implementation with semi-responsible agents in pure exchange economies

Michele Lombardi and Naoki Yoshihara

2017-04: The theory of exploitation as the unequal exchange of labour

Roberto Veneziani and Naoki Yoshihara

2017-03: Old and new formulations of the neoclassical theory of aggregate investment: a critical review

Daniele Girardi

2017-02: Migration in Kenya: Beyond Harris-Todaro

Cem Oyvat and Mwangi Githinji

2017-01: Profitability or Industrial Relations: What Explains Manufacturing Performance Across Indian States?

Anirban Karak and Deepankar Basu

2016-17: Top Income Shares and Aggregate Wealth-Income Ratio in a Two-Class Corporate Economy

Soon Ryoo

2016-16: Autonomous demand, Harrodian instability and the supply side

Peter Skott

2016-15: Long Waves of Capitalist Development: An Empirical Investigation

Deepankar Basu

2016-14: Entitlement theory of justice and end-state fairness in the allocation of goods

Biung-Ghi Ju and Juan Moreno-Ternero

2016-13: Farmer Perspectives on Livelihoods Within Community Supported Agriculture

Mark Paul

2016-12: Influence networks and public goods

Dunia Lopez-Pintado

2016-11: Self-Employed Tutor Pricing Model

Tyler Hansen and Jared Rand

2016-10: Fair Allocation of Disputed Properties

Biung-Ghi Ju and Juan Moreno-Ternero

2016-09: Property, Possession, Incorporation: Another Look at Agribusiness Venture Agreements in the Philippines

Alfredo Rosete

2016-08: Weaknesses of 'wage-led growth'

Peter Skott