Content
April 2018, Volume 41, Issue 2
- 236-259 Inequality, financialization, and economic decline
by Pasquale Tridico & Riccardo Pariboni - 260-283 On the causes of the changes in income shares: Some reflections in the light the United States experience
by Antonella Stirati - 284-315 Inequality, emulation and debt: The occurrence of different growth regimes in the age of financialization in a stock-flow consistent model
by Daniel Detzer - 316-338 Autonomous government expenditure growth, deficits, debt, and distribution in a neo-Kaleckian growth model
by Eckhard Hein
January 2018, Volume 41, Issue 1
- 1-2 Editors’ Introduction
by Jan Kregel & L. Randall Wray - 3-15 Vicarelli’s Keynes (and today’s international disorder)
by Mario Aldo Cedrini - 16-35 Vicarelli, Keynes, and the unstable nexus between investment, liquidity, and finance
by Paolo Paesani - 36-55 Vicarelli’s Keynes and the New-Keynesian analytical method
by Massimiliano Tancioni - 56-82 J. M. Keynes’ influence on institutional portfolio management
by J. E. Woods - 83-98 Intermediate macroeconomics: The importance of being post Keynesian
by John T. Harvey - 99-125 Fiscal space on the eurozone periphery and the use of the (partially) balanced-budget multiplier: The case of Spain
by Jorge Uxó & Ignacio Álvarez & Eladio Febrero - 126-138 Minsky’s financial instability hypothesis and the role of equity: The accounting behind hedge, speculative, and Ponzi finance
by Richard A. Miller - 139-155 Money and totality: A review essay
by John Smithin - 156-159 Piero Ferri, Aggregate demand, inequality and instability
by Guglielmo Forges Davanzati
October 2017, Volume 40, Issue 4
- 441-469 Is neo-Walrasian macroeconom(etr)ics a dead end? An assessment of recent criticisms of DSGE models
by Roberto Marchionatti & Lisa Sella - 470-486 Covered interest parity: The untestable hypothesis
by Imad Moosa - 487-511 Currency devaluations, aggregate demand, and debt dynamics in economies with foreign currency liabilities
by Karsten Kohler - 512-539 Inflation targeting and the need for a new central banking framework
by Mevlut Tatliyer - 540-575 The contribution of minimum wage valorization policy to the decline in household income inequality in Brazil: A decomposition approach
by Alessandra Brito & Miguel Foguel & Celia Kerstenetzky - 576-599 Labor supply: Toward the construction of an alternative conception from post Keynesian and institutional economics
by Eduardo Fernández-Huerga & Jorge García-Arias & Ana Salvador - 600-621 Verdoorn’s law and productivity dynamics: An empirical investigation into the demand and supply approaches
by Guilherme R. Magacho & John S. L. McCombie - 622-635 Piketty’s paradox, capital spillage, and inequality
by Craig Medlen - 636-637 The Piketty-Kaldor paradox of growth: Reply to Medlen
by Alan Day Haight - 638-640 Reply to Alan Day Haight
by Craig Medlen
July 2017, Volume 40, Issue 3
- 279-299 Rethinking liquidity creation: Banks, shadow banks and the elasticity of finance
by Yeva Nersisyan & Flavia Dantas - 300-326 The transmission mechanism of monetary policy: Microeconomic aspects of macroeconomic issues
by Norberto Montani Martins & Camila Cabral Pires-Alves & André de Melo Modenesi & Karla Vanessa Batista da Silva Leite - 327-348 Insights on endogenous money and the liquidity preference theory of interest
by Angel Asensio - 349-375 Keynes against Kalecki on economic method
by Anna Maria Carabelli & Mario Aldo Cedrini - 376-412 Can a comparative capitalism approach explain fiscal policy activism?
by Thomas Kalinowski & Vladimir Hlasny - 413-439 Financialization and Portuguese real investment: A supportive or disruptive relationship?
by Ricardo Barradas & Sérgio Lagoa - 440-440 Announcing the Levy Economic Institute’s 9 Hyman P. Minsky summer seminar
by The Editors
April 2017, Volume 40, Issue 2
- 145-167 Some unpleasant currency-devaluation arithmetic in a post Keynesian macromodel
by Rafael Saulo Marques Ribeiro & John S. L. McCombie & Gilberto Tadeu Lima - 168-182 : Reinterpreting the fundamental contradiction of capitalism
by M. J. Dávila-Fernández & J. L. Oreiro & L. F. Punzo & S. Bimonte - 183-202 Keynes at the periphery: Currency hierarchy and challenges for economic policy in emerging economies
by Luiz Fernando de Paula & Barbara Fritz & Daniela M. Prates - 203-222 On the effectiveness of capital controls during the Great Recession: The Brazilian experience (2007–2013)
by Cesar Rodrigues van der Laan & André Moreira Cunha & Marcos Tadeu Caputi Lélis - 223-238 Long-run convergence in a neo-Kaleckian open-economy model with autonomous export growth
by Won Jun Nah & Marc Lavoie - 239-259 Framing Modern Monetary Theory
by Louisa Connors & William Mitchell - 260-271 The “Cambridge” critique of the quantity theory of money: A note on how quantitative easing vindicates it
by Maria Cristina Marcuzzo - 272-277 From economic stagnation to systemic fragility?
by Jan Nederveen Pieterse
January 2017, Volume 40, Issue 1
- 1-8 Symposium: Dilemmas of exchange rate and monetary policies in Latin America
by Mario Damill & Roberto Frenkel - 9-26 In search of stabilization and recovery: macro policy and reforms in Venezuela
by Leonardo Vera - 27-42 Macroeconomic policy regimes, real exchange rate overvaluation, and performance of the Brazilian economy (2003–2015)
by José Luis Oreiro & Luciano D’Agostini - 43-60 Inflation in Argentina during the 2000s
by Roberto Frenkel & Diego Friedheim - 61-74 Challenges for the Chilean economy under cyclical shocks, 1999–2016
by Ricardo Ffrench-Davis - 75-94 Real exchange rate and export performance in Argentina, 2002–2008
by Gabriel Palazzo & Martín Rapetti - 95-111 Colombia’s macroeconomic challenges at the end of the supercycle of commodity prices
by José Antonio Ocampo & Jonathan Malagón & Carlos Alberto Ruiz - 112-129 The lean times in the Peruvian economy
by Oscar Dancourt - 130-144 Macroeconomic stability, structural reforms, and sluggish growth: The Mexican economy since 2008–2009 and the lessons of 2015
by Jaime Ros
October 2016, Volume 39, Issue 4
- 437-443 Multilateralism and military Keynesianism: Completing the analysis
by Jan Toporowski - 444-472 The colonization of the future: An alternative view of financialization and its portents
by Photis Lysandrou - 473-494 Political aspects of the capital controversies and capitalist crises
by Nuno Ornelas Martins - 495-515 The exchange rate cycle in Argentina
by Jose Luis Nicolini-Llosa - 516-538 Demand regimes and income distribution reconsidered in an open economy portfolio balance framework
by Arslan Razmi - 539-561 Why does the investment rate not increase? Capital accumulation and stabilization policy in the 1990s and 2000s in Brazil
by Carmem Feijó & Marcos Tostes Lamônica & Julio Cesar Albuquerque Bastos - 562-592 A nonbehavioral theory of saving
by Michalis Nikiforos - 593-624 Macrodynamics of debt-financed investment-led growth with interest rate rules
by Soumya Datta - 625-625 Announcing the Hyman P. Minsky summer seminar June 10–16, 2017
by The Editors
July 2016, Volume 39, Issue 3
- 287-307 On the nature and role of financial systems in Keynes’s entrepreneurial economies
by Fernando J. Cardim de Carvalho - 308-333 Rejoinder to Rosser, O'Donnell, and Carrión Álvarez and Ehnts on their criticisms of my ergodic/nonergodic formulation of Keynes's concept of an actuarial certain future vs. an uncertain future
by Paul Davidson - 334-360 Functional income distribution and growth in Thailand: A post Keynesian econometric analysis
by Bruno Jetin & Ozan Ekin Kurt - 361-386 Hyperinflation in a small open economy with a fixed exchange rate: A post Keynesian view
by Sébastien Charles & Jonathan Marie - 387-410 Did globalization flatten the Phillips curve? U.S. consumer price inflation at the sectoral level
by Joe Seydl & Malcolm Spittler - 411-436 Unconventional monetary policy, liquidity trap, and asset prices
by Felipe Rezende
April 2016, Volume 39, Issue 2
- 145-171 Third contribution to the ergodic/nonergodic critique: Reply to Davidson, part 2
by Rod O'Donnell - 172-186 Monetary and fiscal policy interactions in a post Keynesian open-economy model
by Carlos Eduardo Drumond & Cleiton Silva De Jesus - 187-205 An additional explanation for the variable Keynesian multiplier: The role of the propensity to import
by Sébastien Charles - 206-227 The legal theory of finance and the financial instability hypothesis: Convergences and possible integration
by Marcos Reis & Daniel Vasconcelos - 228-255 An unlikely Phoenix: The recovery of Argentina’s monetary and financial system from its ashes in the 2000s and its lessons
by Mario Damill & Roberto Frenkel & Lucio Simpson - 256-285 A post Keynesian theory for Tobin’s in a stock-flow consistent framework
by Javier López Bernardo & Engelbert Stockhammer & Félix López Martínez
January 2016, Volume 39, Issue 1
- 1-16 Samuelson and Davidson on ergodicity: A reformulation
by Miguel Carrión Álvarez & Dirk Ehnts - 17-43 Second contribution to the ENE critique: Reply to Davidson, part 1
by Rod O’Donnell - 44-71 The state spends first: Logic, facts, fictions, open questions
by Sergio Cesaratto - 72-92 United States income inequality: The concept of countervailing power revisited
by Jordan Brennan - 93-114 Looking into the abyss? Brazil at the mid-2010s
by Fernando J. Cardim De Carvalho - 115-141 Identifying the “financialization” of the nonfinancial corporation in the U.S. economy: A decomposition of firm-level balance sheets
by Leila E. Davis - 142-144 Hartmut Elsenhans
by Anne Henow
November 2015, Volume 38, Issue 4
- 495-508 Revising the European Central Bank’s fiscal rules to support growth and employment
by Mario Tonveronachi - 509-531 Monetary policy rules and directions of causality: A test for the euro area
by Emiliano Brancaccio & Giuseppe Fontana & Milena Lopreite & Riccardo Realfonzo - 532-564 Silvio Gesell: “A strange, unduly neglected” monetary theorist
by Cordelius Ilgmann - 565-587 A Keynesian explanation of Indian government bond yields
by Tanweer Akram & Anupam Das - 588-615 Economic growth and balance-of-payments constraint in Vietnam
by Alberto Bagnai & Arsène Rieber & Thi Anh-Dao Tran - 616-636 Inflation, growth, and distribution: The Brazilian economy after the post war
by Carmem Aparecida Feijó & Felipe Figueiredo Câmara & Luiz Fernando Cerqueira - 637-665 A simple analytical model of the adverse real effects of inflation
by Eduardo F. Bastian & Mark Setterfield
October 2015, Volume 38, Issue 3
- 331-354 Reconsidering ergodicity and fundamental uncertainty
by J. Barkley Rosser - 355-375 Sovereignty, the exchange rate, collective deceit, and the euro crisis
by Luiz Carlos Bresser-Pereira & Pedro Rossi - 376-398 Trade and financial liberalization revisited: Mexico’s experience
by Julio López - 399-425 “Latin Americanization” of the Estonian economy: institutional analysis of financial fragility and the financialization process
by Egert Juuse - 426-448 A post Keynesian framework of exchange rate determination: a Minskyan approach
by Annina Kaltenbrunner - 449-476 The origins and evolution of military Keynesianism in the United States
by James M. Cypher - 477-492 Hyman Minsky’s interpretation of Donald Trump
by Kevin W. Capehart - 493-493 Announcement
by The Editors
October 2015, Volume 38, Issue 2
- 167-191 Reforming the international monetary system: a stock-flow-consistent approach
by Sebastian Valdecantos & Gennaro Zezza - 192-217 Balance-of-payment-constrained growth in unbalanced productive structures: disregarded terms of trade negative effects
by Florencia Médici & Demian Tupac Panigo - 218-250 Marcelo Diamand’s contributions to economic theory through the lens of the classical Keynesian approach: a formal representation of unbalanced productive structures
by Ariel Dvoskin & Germán David Feldman - 251-279 The random walk versus unbiased efficiency: can we separate the wheat from the chaff?
by Imad A. Moosa - 280-301 Classical political economy: the subsistence wage, and job guarantee concerns
by John F. Henry - 302-330 “Twin deficits” in Greece: in search of causality
by Michalis Nikiforos & Laura Carvalho & Christian Schoder
July 2015, Volume 38, Issue 1
- 1-18 A rejoinder to O'Donnell's critique of the ergodic/nonergodic explanation of Keynes's concept of uncertainty
by Paul Davidson - 19-37 Free cash, corporate taxes, and the federal deficit
by Craig Medlen - 38-63 Firm performance, macroeconomic conditions, and “animal spirits” in a Post Keynesian model of aggregate fluctuations
by Shyam Gouri Suresh & Mark Setterfield - 64-92 Demand for financial assets and monetary policy: a restatement of the liquidity preference theory and the speculative demand for money
by Felipe Rezende - 93-130 Loose money, high rates: interest rate spreads in historical perspective
by Arjun Jayadev & J. W. Mason - 131-161 Development conventions: theory and the case of Brazil in the latter half of the twentieth century
by André De Melo Modenesi & Rui Lyrio Modenesi - 162-163 Associate Editor’s Corner
by Fernando Cardim de Carvalho - 164-164 Announcement
by The Editors - 165-165 Erratum
by The Editors
May 2015, Volume 37, Issue 4
- 1-1 Editorial Board EOV
by The Editors - 533-544 Piketty’s paradox: a comparison to the Keynesian paradox of thrift
by Alan Day Haight - 545-567 The repeal of the Glass–Steagall Act and the Federal Reserve’s extraordinary intervention during the global financial crisis
by Yeva Nersisyan - 568-589 The shadow banking system and the new phase of the money manager capitalism
by Daniela M. Prates & Maryse Farhi - 590-596 A brief note on Mathias Binswanger’s model
by Zsolt Gilányi - 597-622 Capitalism’s growth imperative: an examination of Binswanger and Gilányi
by Reeves Johnson - 623-647 Zero growth and structural change in a post Keynesian growth model
by Eckehard Rosenbaum - 648-660 The growth imperative revisited: a rejoinder to Gilányi and Johnson
by Mathias Binswanger - 661-686 Not “wage-led” versus “profit-led,” but investment-led versus consumption-led growth
by Paulo L. Dos Santos - 687-703 Perfect competition, methodologically contemplated
by John F.M. McDermott
July 2015, Volume 37, Issue 3
- 369-383 What was the primary factor encouraging mainstream economists to marginalize post Keynesian theory?
by Paul Davidson - 384-407 Regional disparities in per capita income in India: convergence or divergence?
by Rowan Cherodian & A. P. Thirlwall - 408-435 The tale of the contagion of two crises and policy responses in Brazil: a case of (Keynesian) policy coordination?
by Luiz Fernando de Paula & André de Melo Modenesi & Manoel Carlos C. Pires - 436-458 Fiscal policy and the substitution between national and foreign savings
by Philip Arestis & Marco Flávio Cunha Resende - 459-480 Sustainable development in a post Keynesian perspective: why eco-development is relevant to post Keynesian economics
by Eric Berr - 481-502 International reserves and growth: assessing the mercantilist motive in Latin America
by Moritz Cruz - 503-527 Financial assets overhang in Europe
by Marcello Spanò - 528-531 Editors' Corner
by Jan Kregel & L. Randall Wray
December 2014, Volume 37, Issue 2
- 187-209 A critique of the ergodic/nonergodic approach to uncertainty
by Rod O’Donell - 211-231 Animal spirits and organization
by Sheila C. Dow - 233-253 Shackle’s potential surprise function and the formation of expectations in a monetary economy
by Andres F. Cantillo - 255-279 Inflation Targeting and Macroeconomic Stability with Heterogeneous Inflation Expectations
by Gilberto Tadeu Lima & Mark Setterfield & Jaylson Jair da Silveira - 281-307 Modern monetary theory: contributions and critics
by James Juniper & Timothy P. Sharpe & Martin J. Watts - 309-335 L. Albert Hahn’s
by Harald Hageman - 337-355 Keynes as the first behavioral economist: the case of the attribute-substitution heuristic
by Thodoris T. Koutsobinas - 357-365 Asymmetries in the relation between investment and output
by Hamid Baghestani & Tracy Mott - 367-368 Editors’ Corner
by Jan Kregel & L. Randall Wray
2014, Volume 37, Issue 1
- 3-8 Remembering Sidney Weintraub
by Jan Kregel - 9-10 Honoring Sidney Weintraub
by Mike Sharpe - 11-30 A Jevonian seditionist: a mutiny to enhance the economic bounty?
by Sidney Weintraub - 31-42 Sidney Weintraub and American post Keynesianism: 1938-1970
by E. Weintraub - 43-66 Reorienting fiscal policy: a bottom-up Approach
by Pavlina Tcherneva - 67-90 New estimates of direct crowding out (or in) of investment and of a peace dividend for the U.S. economy
by Paul Blackley - 91-114 Quantitative easing through the prism of the Barings crisis in 1890: central banks and the international money market
by Ramaa Vasudevan - 115-134 Slow growth in the Mexican economy
by Gustavo Sánchez & Albino Luna - 135-162 Profiteering and the degree of monopoly in the Great Recession: recent evidence from the United States and the United Kingdom
by J. Branston & Keith Cowling & Philip Tomlinson - 163-180 Exchange rate volatility and stock market development in emerging economies
by Massomeh Hajilee & Omar Al Nasser - 181-183 Editors' Corner
by Jan Kregel & L. Wray
2014, Volume 36, Issue 4
- 589-606 Teaching Keynes's business cycle: an extension of Paul Davidson's capital market model
by John Harvey - 607-634 Systemic equilibrium in a Bretton Woods II-type international monetary system: the special roles of reserve issuers and reserve accumulators
by Kenneth Austin - 635-652 Thinking about a hairy situation
by Kevin Capehart - 653-672 The endogenous money supply revisited in a more realistic institutional framework
by Yasuo Nishiyama - 673-698 Balance-of-payments-constrained growth in Brazil: 1951-2008
by Douglas Alencar & Eduardo Strachman - 699-718 Balance-of-payments-constrained growth in Argentina (1976-2006)
by Pablo Chena - 719-744 Measuring macroprudential risk through financial fragility: a Minskian approach
by Eric Tymoigne - 745-780 Monetary policy, inflation, and inflation volatility in Australia
by Akhand Hossain - 781-814 Debt, boom, bust: a theory of Minsky-Veblen cycles
by Jakob Kapeller & Bernhard Schütz - 815-816 Publisher's Note on the Editorial Transition at the
by The Editors - 817-819 Author index to Volume 36
by The Editors
2014, Volume 36, Issue 3
- 391-414 Using the to explain the U.S. business cycle, 1950-2009
by John Harvey - 415-438 Are there nonlinear speculative bubbles in commodities prices?
by Ehsan Ahmed & J. Rosser & Jamshed Uppal - 439-466 Do animal spirits rely on somatic markers? Keynes in light of neuroscience
by Michael Lainé - 467-490 Bank credit and the housing market in OECD countries
by Philip Arestis & Ana González - 491-512 Capital account regulation in Iceland: does anybody know what is going to happen?
by Pablo Carmona - 513-540 Brazilian countercyclical economic policies as a response to the Great Recession: a critical analysis and an alternative proposal to ensure macroeconomic stability
by Fernando Ferrari-Filho & André Cunha & Julimar da Silva Bichara - 541-554 The remittance multiplier (-1) theorem
by Luis Alonso González & Bruno Sovilla - 555-585 Balance-of-payments-constrained growth and convergence: one more piece of the jigsaw
by Carlos Garcimartín & José Alonso & Luis Rivas
2013, Volume 36, Issue 2
- 179-206 Beyond austerity and stimulus: democratizing capital acquisition with the earnings of capital as a means to sustainable growth
by Robert Ashford - 207-230 Implications of the recent financial crisis for firm innovation
by William Milberg & Nina Shapiro - 231-250 Cycles of demand and distribution and monetary policy in the U.S. economy
by Armon Rezai - 251-274 Is money a convention and/or a creature of the state? the convention of acceptability, the state, contracts, and taxes
by David Dequech - 275-298 Growth rates constrained by internal and external imbalances and the role of relative prices: empirical evidence from Portugal
by Elias Soukiazis & Pedro Cerqueira & Micaela Antunes - 299-324 Hyman P. Minsky's unorthodox approach: recent advances in simulation techniques to develop his theoretical assumptions
by Edgardo Bucciarelli & Marcello Silvestri - 325-354 The crisis of finance-dominated capitalism in the euro area, deficiencies in the economic policy architecture, and deflationary stagnation policies
by Eckhard Hein - 355-380 The Achilles' heel of the mainstream explanations of the crisis and a post Keynesian alternative
by Angel Asensio - 381-384 Income inequality and hollowing out the middle class
by Paul Davidson
2013, Volume 36, Issue 1
- 3-14 Probabilistic risk, neuroeconomic ambiguity, and Keynesian uncertainty
by Samuel Portelli - 15-30 Carry trades and speculative manias: evidence from Central and Eastern Europe
by Andreas Hoffmann - 31-58 Imposing a balance-of-payments constraint on the Kaldorian model of cumulative causation
by Arslan Razmi - 59-84 Immutable laws of debt dynamics
by Martin Watts & Timothy Sharpe - 85-104 Fiscal Policy Rules in Monetary Unions
by Georgios Chortareas - 105-130 Keynes's trade cycle: a system dynamics model
by John Harvey - 131-152 The crisis in the Turkish pension system: a post Keynesian perspective
by Yavuz Yaşar - 153-174 A small EU country attempting to exit the economic crisis: rediscovering the post Keynesian perspective on incomes and prices policy
by Nina Ponikvar & Maks Tajnikar & Petra Bonča
2013, Volume 35, Issue 4
- 511-528 Public debt and full employment in a stock-flow consistent model of a corporate economy
by Soon Ryoo & Peter Skott - 529-536 Government spending and the Great Recession
by H. Atesoglu - 537-568 European Union: a diverging Union?
by Grigoris Zarotiadis & Aristea Gkagka - 569-598 Balance-of-payments constrained growth, structural change, and the Thai economy
by Nat Tharnpanich & John McCombie - 599-620 Capital accumulation, external indebtedness, and macroeconomic performance of emerging countries
by Marcos Rocha & José Oreiro - 621-650 Foreign exchange reserves: a new challenge to China
by Tun-jen Cheng & Xuan Liu - 651-674 Economic growth and income distribution with heterogeneous preferences on the real exchange rate
by Gilberto Lima & Gabriel Porcile - 675-694 Household debt, financialization, and macroeconomic performance in the United States, 1951-2009
by Yun Kim - 695-696 Thirlwall's law and the long-term equilibrium growth rate: an application to Brazil. An addendum
by Gustavo Britto & John McCombie - 697-699 Author index to Volume 35
by The Editors
2013, Volume 35, Issue 3
- 319-340 A critical review of neoclassical modeling techniques in structured finance
by Brian Fahey - 341-372 Inflation targeting in Mexico
by Carlos Carrasco & Jesus Ferreiro - 373-398 Balance-of-payments constrained growth: a post Keynesian model with capital inflows
by Sérgio Filho & Frederico Jayme & Gilberto Libânio - 399-416 Exchange rate dynamics in a peripheral monetary economy
by Rogerio Andrade & Daniela Prates - 417-442 Fiscal policy, Eurobonds, and economic recovery: heterodox policy recipes against financial instability and sovereign debt crisis
by Alberto Botta - 443-456 Securitization and the subprime mortgage crisis
by Cristina Peicuti - 457-462 A comment on the European Central Bank solution vs. the Keynes solution
by Pablo Schiaffino - 463-482 A modified Taylor rule for the Brazilian economy: convention and conservatism in eleven years of inflation targeting (2000-2010)
by André de Melo Modenesi & Norberto Martins & Rui Modenesi