UMASS Amherst Economics Working Papers

From University of Massachusetts Amherst, Department of Economics
Thompson Hall, Amherst, MA 01003.
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2010-08: An empirical evaluation of three post Keynesian models

Ben Zipperer Peter Skott

2010-07: The Great Detour

Peter Skott

2010-06: The exchange rate, diversification, and distribution in a modified Ricardian model with a continuum of goods

Arslan Ramzi

2010-05: Is Environmental Justice Good for White Folks?

Michael Ash, James K. Boyce, Grace Chang and Helen Scharber

2010-04: Is there a tendency for the rate of profit to fall? Econometric evidence for the U.S. economy, 1948-2007

Deepankar Basu and Panayiotis T. Manolakos

2010-03: Employment and Distribution Effects of the Minimum Wage

Fabian Slonimczyk and Peter Skott

2010-02: Cyclical patterns of employment, utilization and profitability

Ben Zipperer and Peter Skott

2010-01: A Concise History of Exchange Rate Regimes in Latin America

Roberto Frenkel and Martin Rapetti

2009-14: The Paradox of Thrift and Crowding-In of Private Investment in a Simple IS-LM Model

Deepankar Basu

2009-13: The Bonus-Driven “Rainmaker” Financial Firm: How These Firms Enrich Top Employees, Destroy Shareholder Value and Create Systemic Financial Instability

James Crotty

2009-12: This paper uses aggregate-level data, as well as case-studies, to trace the evolution of some key structural features of the Indian economy, relating both to the agricultural and the informal industrial sector. These aggregate trends are used to infer: (a) the dominant relations of production under which the vast majority of the Indian working people labour, and (b) the predominant ways in which the surplus labour of the direct producers is appropriated by the dominant classes. This summary account is meant to inform and link up with on-going attempts at radically restructuring Indian society. JEL Categories: B24, B51

Amit Basole and Deepankar Basu

2009-11: Economic Incentives and Social Preferences: A preference-Based Lucas Critique of Public Policy

Samuel Bowles and Sandra Polanía Reyes

2009-10: Exploring the Robustness of the Balance of Payments-Constrained Growth Idea in a Multiple Good Framework

Arslan Razmi

2009-09: Must Improved Labor Standards Hurt Accumulation in the Targeted Sector? Stylized Analysis of a Developing Economy

Arslan Razmi

2009-08: International Trade, Factor Mobility and the Persistence of Cultural-Institutional Diversity

Marianna Belloc and Samuel Bowles

2009-07: The Real Exchange Rate as an Instrument of Development Policy

Arslan Razmi, Martin Rapetti and Peter Skott

2009-06: Son Preference, Sex Selection and the Problem of Missing Women in India

Deepankar Basu

2009-05: Larger groups may alleviate collective action problems

Sung-Ha Hwang

2009-04: Contest Success Functions: Theory and Evidence

Sung-Ha Hwang

2009-03: Long waves and short cycles in a model of endogenous financial fragility

Soon Ryoo

2009-02: Bretton Woods II and the Emerging Economies: Lazarus, Phoenix, or Humpty Dumpty?

Arslan Razmi

2009-01: The Structuralist Growth Model

William Gibson

2008-16: Measuring Corporate Environmental Justice Performance

Michael A. Ash and James K. Boyce

2008-15: Proposals for Effectively Regulating the U.S. Financial System to Avoid Yet Another Meltdown

James Crotty and Gerald Epstein

2008-14: Structural Causes of the Global Financial Crisis: A Critical Assessment of the ‘New Financial Architecture’

James Crotty

2008-13: Is altruism bad for cooperation?

Sung-Ha Hwang and Samuel Bowles

2008-12: Growth, instability and cycles: Harrodian and Kaleckian models of accumulation and income distribution

Peter Skott

2008-11: Theoretical and empirical shortcomings of the Kaleckian investment function

Peter Skott

2008-10: Must Improved Labor Standards Hurt Accumulation in an Open Developing Economy? A Structuralist Analysis of the Cambodian Case

Arslan Razmi

2008-09: Is the Chinese Investment- and Export-Led Growth Model Sustainable? Some Rising Concerns

Arslan Razmi

2008-08: Corruption and Growth: Exploring the Investment Channel

Leonce Ndikumana and Mina Baliamoune

2008-07: Bandwagon, underdog, and political competition: The uni-dimensional case

Woojin Lee

2008-06: Social Preferences and Public Economics: Mechanism design when social preferences depend on incentives

Samuel Bowles and Sung-Ha Hwang

2008-05: Financialization in Kaleckian economies with and without labor constraints

Soon Ryoo and Peter Skott

2008-04: Social choice and information: a note on the calculus of mappings from utility spaces

Alex Coram

2008-03: KEYNESIAN AND NEOCLASSICAL CLOSURES IN AN AGENT-BASED CONTEXT

William Gibson

2008-02: THE CURRENT MACROECONOMIC CRISIS

William Gibson

2008-01: The dynamics of resource spending in a competition between political parties: general notes on the Red Queen effect

Alex Coram

2007-13: The Linkages between FDI and Domestic Investment: Unravelling the Developmental Impact of Foreign Investment

Leonce Ndikumana and Sher Verick

2007-12: Reserves Accumulation in African Countries: Sources, Motivations, and Effects

Leonce Ndikumana and Adam Elhiraika

2007-11: Information and communications technologies,coordination and control, and the distribution of income

Frederick Guy and Peter Skott

2007-10: A Multi-Agent Systems Approach to Microeconomic Foundations of Macro

William Gibson

2007-09: Public finance, aid and post-conflict recovery

James K. Boyce

2007-08: Macroeconomic implications of financialization

Peter Skott and Soon Ryoo

2007-07: The Class Analysis of Households Extended: Children, Fathers, and Family Budgets

Stephen Resnick and Richard Wolff

2007-06: Integration, Informalization, and Income Gaps in Developing Countries: Some General Equilibrium Explorations in Light of Accumulating Evidence

Arslan Razmi

2007-05: The Growth Effects of Openness to Trade and the Role of Institutions: New Evidence from African Countries

Leonce Ndikumana and Mina Baliamoune

2007-04: Social Preferences and Public Economics: Are good laws a substitute for good citizens?

Samuel Bowles

2007-03: Power

Samuel Bowles and Herbert Gintis

2007-02: Power, productivity and profits

Peter Skott and Frederick Guy