UMASS Amherst Economics Working Papers

From University of Massachusetts Amherst, Department of Economics
Thompson Hall, Amherst, MA 01003.
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2016-07: Globalisation and Inequality: A Dynamic General Equilibrium Model of Unequal Exchange

Roberto Veneziani and Naoki Yoshihara

2016-06: A Progress Report on Marxian Economic Theory: On the Controversies in Exploitation Theory since Okishio (1963)

Naoki Yoshihara

2016-05: The Heckscher-Ohlin-Samuelson Model and the Cambridge Capital Controversies

Kazuhiro Kurose and Naoki Yoshihara

2016-04: On the Existence and Characterization of Unequal Exchange in the Free Trade Equilibrium

Naoki Yoshihara and Soh Kaneko

2016-03: Assessing the jobs-environment relationship with matched data from US EEOC and US EPA

Michael Ash and James K. Boyce

2016-02: Aggregate Demand, Functional Finance and Secular Stagnation

Peter Skott

2016-01: Farmer Suicides in India: Levels and Trends across Major States, 1995-2011

Deepankar Basu, Debarshi Das and Kartik Misra

2015-19: The Effect of Public Health Expenditure on Infant Mortality: Evidence from a Panel of Indian States, 1983-84 to 2011-12

Andrew J. Barenberg, Deepankar Basu and Ceren Soylu

2015-18: Asymptotic Bias of OLS in the Presence of Reverse Causality

Deepankar Basu

2015-17: Expropriation and the Location of Farmland Investment: a theoretical investigation into the Land Rush

Alfredo Rosete

2015-16: Growth and Distribution in Low Income Economies: Modifying Post Keynesian Analysis in Light of Theory and History

Arslan Razmi

2015-15: Fiscal and monetary policy rules in an unstable economy

Soon Ryoo and Peter Skott

2015-14: Profitability and Investment: Evidence from India's Organized Manufacturing Sector

Deepankar Basu and Debarshi Das

2015-13: Functional finance and intergenerational distribution in a Keynesian OLG model

Peter Skott and Soon Ryoo

2015-12: Public debt, secular stagnation, and functional finance

Peter Skott

2015-11: Does the demand regime matter over the medium run? Revisiting distributional issues in a portfolio framework under different exchange rate regimes

Arslan Razmi

2015-10: Service Sector Growth in India: A View from Households

Deepankar Basu and Debarshi Das

2015-09: Inequality of income and wealth in the long run: A Kaldorian perspective

Soon Ryoo

2015-08: Household debt and housing bubble: A Minskian approach to boom-bust cycles

Soon Ryoo

2015-07: Employment Elasticity in India and the U.S., 1977-2011: A Sectoral Decomposition Analysis

Deepankar Basu and Debarshi Das

2015-06: Non-Food Expenditures and Consumption Inequality in India

Amit Basole and Deepankar Basu

2015-05: A Selective Review of Recent Quantitative Empirical Research in Marxist Political Economy

Deepankar Basu

2015-04: Profitability in India’s Organized Manufacturing Sector: The Role of Technology, Distribution, and Demand

Deepankar Basu and Debarshi Das

2015-03: Growth Cycles with or without price flexibility

Peter Skott

2015-02: Capital controls and the real exchange rate: Do controls promote disequilibria?

Juan Montecino

2015-01: The limits to wage-led growth in a low-income economy

Arslan Razmi

2014-14: The Dynamics of Exploitation and Class in Accumulation Economies

Jonathan Cogliano, Roberto Veneziani and Naoki Yoshihara

2014-13: Labor market reform and wage inequality in Korea

Hyeon-Kyeong Kim and Peter Skott

2014-12: A Progressive Report on Marxian Economic Theory: On the Controversies in Exploitation Theory since Okishio (1963)

Naoki Yoshihara

2014-11: Growth Complementarity Between Agriculture and Industry: Evidence from a Panel of Developing Countries

Joao Paulo A. de Souza

2014-10: One million miles to go: taking the axiomatic road to defining exploitation

Roberto Veneziani and Naoki Yoshihara

2014-09: Natural implementation with partially-honest agents in economic environments with free-disposal

Michele Lombardi and Naoki Yoshihara

2014-08: On the Ricardian Invariable Measure of Value: The General Possibility of the Standard Commodity

Kazuhiro Kurose and Naoki Yoshihara

2014-07: Re-Distribution, Aggregate Demand, and Growth in an Open Economy: The Crucial Interaction of Portfolio Considerations and External Account Constraints

Arslan Razmi

2014-06: BJP’s Demographic Dividend in the 2014 General Elections: An Empirical Analysis

Deepankar Basu and Kartik Misra

2014-05: Social Hierarchies and Public Distribution of Food in Rural India

Deepankar Basu and Debarshi Das

2014-04: Determinants and Impact of Subcontracting: Evidence from India’s Informal Manufacturing Sector

Amit Basole, Deepankar Basu and Rajesh Bhattacharya

2014-03: Real wages and labor-saving technical change: evidence from a panel of manufacturing industries in mature and labor-surplus economies

Joao Paulo A. de Souza

2014-02: Gains from Sharing: Sticky Norms, Endogenous Preferences, and the Economics of Shareable Goods

Anders Fremstad

2014-01: The Liberal Ethics of Non-Interference and the Pareto Principle

Marco Mariotti and Roberto Veneziani

2013-13: On the Ricardian Invariable Measure of Value in General Convex Economies: Applicability of the Standard Commodity

Kazuhiro Kurose and Naoki Yoshihara

2013-12: Correctly Analyzing the Balance of Payments Constraint on Growth

Arslan Razmi

2013-11: The Real Exchange Rate and Economic Growth: Some Observations on the Possible Channels

Martin Rapetti

2013-10: Public debt in an OLG model with imperfect competition: long-run effects of austerity programs and changes in the growth rate

Peter Skott and Soon Ryoo

2013-09: Technology, power and the political economy of inequality

Frederick Guy and Peter Skott

2013-08: Financialization and the nonfinancial corporation: an investigation of firmlevel investment behavior in the U.S., 1971-2011

Leila Davis

2013-07: Liberal Egalitarianism and the Harm Principle

Michele Lombardi, Kaname Miyagishima and Roberto Veneziani

2013-06: Social Democracy and Distributive Conflict in the UK, 1950-2010

Carlo Fiorio, Simon Mohun and Roberto Veneziani

2013-05: The Measurement of Labour Content: A General Approach

Naoki Yoshihara and Roberto Veneziani

2013-04: Motherhood and the Lesbian Wage Premium

Alyssa Schneebaum