 |
Just
Out! |
 |
|
Publications
Click here
for more information:
Books
Policy Notes
Working
Papers
Publications By Author
Books
2009
 Carl Chiarella, Peter Flaschel, Reiner Franke, Willi Semmler, Routledge - The financial instability and its spillovers to the real economy have become a great challenge to macro-economic theory. The book takes a Keynesian theoretical perspective, representing an attempt to revive what Keynes stressed in his General Theory, namely the role of the financial market in macroeconomic development. This book is inspired and motivated by the Asian currency and financial crises in the years 1997-8 and the experiences of the currently evolving U.S. financial disruptions. It focuses on reviving a modeling tradition that provides a theoretical framework that throws light on recent financial market meltdown and its macroeconomic effects. It criticizes theories that see economic disruptions and shocks rooted solely in the real side of the economy. It stresses the financial real interaction as the major source for sudden regime changes, macroeconomic instability and recessions. It models and studies the existence of endogenous cycles, fragile dynamics, thresholds and tipping points, multiple attractors and regime changes, complex dynamics, and critical transitions leading to failures and crashes and transition to new regimes. This new book from a group of Keynesian oriented macroeconomists would be of most interest to researchers, graduate students and policy makers in macroeconomics and financial economics, especially those with an interest in US and European financial markets, emerging market analysis, and dynamic economic modeling.
2008
 Ghilarducci, Teresa (2008) When I'm Sixty Four, Princeton University Press - A crisis is looming for baby boomers and anyone else who hopes to retire in the coming years. In When I'm Sixty-Four, Teresa Ghilarducci, the nation's leading authority on the economics of retirement, explains how to confront this crisis head-on, revealing the causes behind the increasingly precarious economics of old age in America and proposing a bold plan to guarantee retirement security for every working citizen.
"Teresa Ghilarducci's When I'm Sixty-Four is quite simply the best thing yet written on the retirement crisis facing baby boomers and the larger fragility of our retirement system. Far from defeatist, she proposes an ingenious national plan that will instantly become the reform against which all others must measure up. In clear prose, Teresa Ghilarducci cuts to the essence of an often bewildering subject that affects every American."--Robert Kuttner, American Prospect
 Semmler, Willi (2008) The Global Environment, Natural Resources and Economic Growth, Oxford University Press
The Global Environment, Natural Resources, and Economic Growth (Oxford University Press) a new book co-authored by Will Semmler, Professor of Economics at the New School for Social Research, and Alfred Greiner, Professor of Economics, Bielefeld University, addresses the intersection between economic growth and the global climate crisis. With public attention focused on global warming, the book uses economic theory to analyze global growth, where high economic growth rates imply a fast depletion of renewable and non-renewable resources. The book questions whether economic growth can continue in the face of these environmental constraints and what institutions are needed to manage increasingly limited resources.
"Can economic growth continue in the face of environmental and resource constraints? Or rather, what kind of growth can continue in the face of such constraints? And what kinds of institutions are needed to bring about this growth? Clearly there are few questions that are of more significance for humanity. Greiner and Semmler bring tools of sophisticated economic theory to play in exploring the answers to these questions. Their analysis is thought-provoking and instructive, and is strongly recommended to anyone who wants to explore these issues deeply."--Geoffrey Heal, Paul Garrett Professor of Public Policy and Corporate Responsibility, Columbia Business School and School of International and Public Affairs
2007
 Shaikh, Anwar (ed., 2007) Globalization and the Myths of Free Trade: History, Theory and Empirical Evidence, New York: Routledge.
The world has become a human laboratory for the momentous social experiment called neoliberalism. Its proclaimed purpose is to reduce global poverty, its protocols are derived from the orthodox theory of competitive free markets and its policies are enforced by the full weight of the rich countries and global institutions such as the World Trade Organization (WTO), the World Bank and the International Monetary Fund (IMF). This book is a critical examination of this ongoing enterprise, of its history, theory, practice, and most of all, of its outcomes.
An international team of contributors has been assembled including Lance Taylor, Ha-Joon Chang and Ajit Singh.
2006
 Willi Semmler and Gang Gong (2006). Stochastic Dynamic Macroeconomics: Theory and Empirical Evidence, New York: Oxford University Press.
This is a book on stochastic dynamic macroeconomics from a Keynesian perspective. It shows that including Keynesian features in intertemporal models considerably contributes to resolve major puzzles arising in the context of the Dynamic General Equilibrium (DGE) model. It also demonstrates that including microeconomic intertemporal behavior of economic agents in macroeconomics is not inconsistent with Keynesian economics. more...
 Taylor, Lance
(ed., 2006) External Liberalization In Asia, Post-Socialist Europe,
and Brazil, New York: Oxford University Press.
This volume
is about the experiences of 14 countries with external liberalization
and related policies, based on papers written by national authors
following a common methodology. The focus is on transition and Asian
economies, with Brazil as an illuminating comparator. The authors
provide "thick descriptions" à la Geertz's (1973) famous Balinese
cockfight about how diverse economies responded to rather similar
"reform" packages and offer lessons about ongoing institutional
change. They also suggest policy shifts that may help make economic
performance better in the future than it has been in the past.
more...
 Glyn, Andrew (2006) Capitalism Unleashed, Oxford University Press.
Free enterprise is off the leash and chasing new opportunities for profit making across the globe. After a turbulent century of unprecedented social and technological change, Capitalism has emerged as the dominant ideology and model for economic growth in the richest, most developed countries. But only thirty years ago economic growth was faltering, inflation rising and the Left were arguing for greater state intervention in industry. How did this remarkable transformation happen? And what price have we paid in the process? This accessible and persuasive book challenges the notion of our capitalist destiny. more...
2005
 Howell,
David R. [editor] (2005) Fighting Unemployment: The Limits of
Free Market Orthodoxy, Oxford University Press
With much of
Europe plagued by high levels of unemployment, it became the conventional
wisdom in the 1990s that the "American Model" of deregulated labor
markets and a slimmed down welfare state was a necessary condition
for good employment performance. Fighting
Unemployment offers a critical assessment of this free market orthodoxy. more
 Semmler, Willi, Greiner, A., and Zhang, W. (2005) Monetary and Fiscal Policies in the Euro-Area, Elsevier Science.
The emergence of a new macro economy in the Euro-area is a great challenge for academics and policy makers alike. This book focuses on this macro economy and the monetary and fiscal policy responses. As the new environment has evolved over time, private behaviour as well as policy responses have changed. Policy makers as well as private agents had to learn the new environment. more...
 Willi
Semmler, Alfred Greiner, and Gang Gong (2005) The Forces of Economic
Growth, Princeton University Press.
In economics,
the emergence of New Growth Theory in recent decades has directed
attention to an old and important problem: what are the forces of
economic growth and how can public policy enhance them? This book
examines major forces of growth--including spillover effects and
externalities, education and formation of human capital, knowledge
creation through deliberate research efforts, and public infrastructure
investment. Unique in emphasizing the importance of different forces
for particular stages of development, it offers wide-ranging policy
implications in the process. more...
 Semmler, Willi
(2005) Monetary Policy and Unemployment, London: Routledge
This book pulls
together papers presented at a conference in honour of the 1981
Nobel Prize Winner for Economic Science, the late James Tobin. Among
the contributors are Olivier Blanchard, Edmund Phelps, Charles Goodhart
and Marco Buti. more.
2004
 Taylor,
Lance (2004) Reconstructing Macroeconomics: Structuralist Proposals
and Critiques of the Mainstream, Cambridge MA: Harvard University
Press
Macroeconomics
is in disarray. No one approach is dominant, and an increasing divide
between theory and empirics is evident.
This book presents
both a critique of mainstream macroeconomics from a structuralist
perspective and an exposition of modern structuralist approaches.
The fundamental assumption of structuralism is that it is impossible
to understand a macroeconomy without understanding its major institutions
and distributive relationships across productive sectors and social
groups.
more...
 Milberg,
William [ed.] (2004) Labour and the Globalization of Production:
Causes and Consequences of Industrial Upgrading, New York: Palgrave
Macmillan.
Labour and the
Globalization of Production brings together the work of international
economists, labour economists and sociologists in a far-reaching
study of global production networks and the challenges they pose
for the workers of developing countries. more.
View the Books
Archive
Policy Notes
Off-shoring, Insecurity and the Protectionist Threat
Richard Kozul-Wright, William Milberg and Deborah Winkler
April 2009
Keynes, Polanyi’s Moment
William Milberg
March 2009
How to Solve the U.S. Housing Problem and Avoid a Recession: A Revived HOLC and RTC
Paul Davidson
January 2008
The Stagnation of Male Wages
Jeff G. Madrick and Nikolaos Papanikolaou
December 2007
(See also Stagnation of Male Wages: Data Appendix.)
Productivity and Unemployment in the Short and Long Run
Armon Rezai and Willi Semmler
December 2007
The Vast Majority Income (VMI): A New Measure of Global Inequality
Anwar Shaikh and Amr Ragab
November 2007
Give a Man a Fish..." And Foreign Aid
Lance Taylor
May 2007
Projected Benefits of the Doha Round Hinge on Misleading Trade Models
Lance Taylor & Rudiger von Arnim
March 2007
State-Market Relations for a Globalized Economy
Jeff Madrick, William Milberg, and Melissa Mahoney
April 2006
Okun's Law and Jobless Growth
Willi Semmler, Jeff Madrick, and Tarron Khemraj
March 2006
Spurring Growth Dynamics from Services Offshoring
Melissa Mahoney, William Milberg, Markus Schneider, and Rudi von Arnim
February 2006
New Labor Market Indicators Issue 2:
Updated Trends Through the 2nd Quarter of 2005 and Alternative Measures of Low Pay
David R. Howell, Jeff Madrick, Melissa Mahoney, and Mamadou Diallo
January 2006
US Macro Imbalances: Trends, Cycles, and Policy Implications
Nelson H. Barbosa-Filho, Codrina Rada, Lance Taylor, and Luca Zamparelli
December 2005
New Labor Market Indicators Issue I
David R. Howell, Jeff Madrick and Melissa Mahoney
October 2005
Working
Papers
CEPA Working
Papers are provided in PDF format and can be viewed with the free
Adobe
Acrobat Reader.
2008
Debunking the Myths of Computable General Equilibrium Models
(SCEPA Working Paper 2008-1)
Author: Benjamin H. Mitra-Kahn
Date: March 2008
Download (556 KB)
2007
Exporting Processing Zones, Industrial Upgrading and Economic Development:
A Survey
(SCEPA Working Paper 2007-10)
Author: William Milberg
Date: October 28, 2007
Download (2,510 KB)
Shifting Sources and Uses of Profits: Sustaining U.S. Financialization with Global Value Chains
(SCEPA Working Paper 2007-9)
Author: William Milberg
Date: December 2007
Download (157KB)
Productivity and Unemployment in the Short and Long Run
(SCEPA Working Paper 2007-8)
Authors: Pu Chen, Armon Rezai, and Willi Semmler
Date: September 21, 2007
(Download 789KB)
Short-Run Adjustment in a Global Model of Current Account Imbalances.
(SCEPA Working Paper 2007-7)
Author: Rudiger von Arnim
Date: May 31, 2007
(Download 380KB)
Charting U.S. Economic Performance with Alternative Labor Market Indicators:
The Importance of Accounting for Job Quality.
(SCEPA Working Paper 2007-6)
Authors: David R. Howell and Mamadou Diallo
Date: June 29, 2007
(Download 443 KB)
Cycles and Trends in U.S. Net Borrowing Flows: Pro-Cyclical Household Net Borrowing, Counter-Cyclical Government, Consumption and the Current Account, and Elusive Twin Deficits
(SCEPA Working Paper 2007-5)
Authors: Nelson H. Barbosa-Filho, Codrina Rada, Lance Taylor, and Luca Zamparelli
Date: April 30, 2007
(Download 193 KB)
Fiscal deficits in the U.S. and Europe: Revisiting the link with interest rates
(SCEPA Working Paper 2007-4)
Author: Andrea Terzi
Date: May 14, 2007
Download (224 KB)
An International Comparison of the Incomes of the Vast Majority
(SCEPA Working Paper 2007-3)
Authors: Anwar Shaikh and Amr Ragab
Date: April 12, 2007
Download (319 KB)
Do Surges in Less-Skilled Immigration Have Important Wage Effects? A Review of the U.S. Evidence (SCEPA Working Paper 2007-2)
Author: David R. Howell
Date: March 5, 2007
Download (102 KB)
A Proposed Synthesis of Classical and Keynesian Growth
(SCEPA Working Paper 2007-1)
Author: Anwar Shaikh
Date: February 12, 2007
Download (160 KB)
2006
Pricing and Profits Under Globalized Competition: A Post Keynesian Perspective on U.S. Economic Hegemony (SCEPA Working Paper 2006-5)
Author: William Milberg
Date: February 3, 2007
Download (232 KB)
Dynamic Gains from U.S. Services Offshoring: A Critical View
(SCEPA Working Paper 2006-4)
Authors: William Milberg, Melissa Mahoney, Markus Schneider, and Rudi von Arnim
Date: February 2, 2007.
Download (136 KB)
U.S. Offshoring: Implications for Economic Growth and Income Distribution
(SCEPA Working Paper 2006-3)
Authors: William Milberg and Rudi von Arnim
Date: January 10, 2007.
Download (246 KB)
The New Social Science Imperialism and the Problem
of Knowledge in Contemporary Economics. (SCEPA Working Paper 2006-2)
Authors: William Milberg (New School for Social Research)
Date: February 23, 2007.
Download (131 KB)
Developing and Transition Economies in the Late 20th Century: Diverging Growth Rates, Economic Structures, and Sources of Demand (SCEPA Working Paper 2006-1)
Authors: Codrina Rada and Lance Taylor (New School for Social Research)
Date: June 14, 2006.
Download (345 KB) - Abstract
2004
Financial Accounting Matrix and Transaction
Matrices: A Concise Formalism for Describing Financial Stock Dynamics (SCEPA Working Paper 2004-6)
Authors: Egor Kraev
Date: December 1, 2004.
Download (218 KB) - Abstract
Empty Sources of Growth Accounting, and
Empirical Replacements à la Kaldor with Some Beef (SCEPA Working Paper 2004-5)
Authors: Codrina Rada and Lance Taylor (New School
University)
Date: November 10, 2004. Revised 2006.
Download (141 KB) - Abstract
Unemployment and Labor Market Institutions:
The Failure of the Empirical Case for Deregulation (SCEPA Working Paper 2004-4)
Authors: Dean Baker, Andrew Glyn, David Howell,
and John Schmitt (New School University)
Date: September, 2004.
Download (255 KB) - Abstract
The Relationship between Credit Expansion,
Inactive Balances, and the Capital Stock (SCEPA Working Paper 2004-3)
Author: Christy Huebner Caridi (New School University)
Date: August 10, 2004.
Download (75 KB) - Abstract
Real Exchange Rate, Competitiveness and
Policy Implications: a formal analysis of alternative macro models (SCEPA Working Paper 2004-2)
Authors: Massimiliano La Marca (New School University)
Date: May 25, 2004.
Download (884 KB) - Abstract
Turkish Currency Crisis of 2000-1, Revisited (SCEPA Working Paper 2004-1)
Authors: Nazim K. Ekinci (Middle East Technical
University) and Korkut Erturk (University of Utah)
Date: January 13, 2004.
Download (108 KB) - Abstract
View the entire list
of Working Papers
|
