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Publications

by alumni of

The New School → New School for Social Research → Department of Economics → Comparative Empirical Macroeconomics (CEM)

These are publications listed in RePEc written by alumni of the above institution who are registered with the RePEc Author Service and listed in the RePEc Genealogy. List of alumni. For a list of publications by current members of the department, see here. Register yourself.

This page is updated in the first days of each month.

| Working papers | Journal articles | Books |

Working papers

2026

  1. Mark Setterfield & Christopher R. Herdelin, 2026, "Central bank activity, the Goodwin pattern, and secular decline in the wage share," Working Papers, New School for Social Research, Department of Economics, number 2608, Jul.

2024

  1. Yuki Tada & Kazuhiro Kurose, 2024, "The Pasinetti Index and the Rise of Inequality in the Age of Unconventional Monetary Policy in Japan," TERG Discussion Papers, Graduate School of Economics and Management, Tohoku University, number 488, Apr, DOI: 10.50974/0002001323.
  2. Kazuhiro Kurose & Yuki Tada, 2024, "Stabilizing Structural Change and Cycle: Goodwin Meets Neumann on the Turnpike," TERG Discussion Papers, Graduate School of Economics and Management, Tohoku University, number 491, Nov, DOI: 10.50974/0002002841.

2023

  1. Khemraj, Tarron & Pasha, Sukrishnalall, 2023, "Structural change and sectoral interconnectedness in two resource-abundant economies," MPRA Paper, University Library of Munich, Germany, number 119575, Mar, revised 02 Nov 2023.
  2. Yuki Tada, 2023, "The paradox of debt and Minsky cycle: Nonlinear effects of debt and capital, and variety of capitalism," Working Papers, New School for Social Research, Department of Economics, number 2304, Apr.

2022

  1. Aleksandr V. Gevorkyan & Tarron Khemraj, 2022, "Dominant Currency Shocks and Foreign Exchange Pressure in the Periphery," SCEPA working paper series., Schwartz Center for Economic Policy Analysis (SCEPA), The New School, number 2022-01, Apr.

2021

  1. Direye, Eli & Khemraj, Tarron, 2021, "Central bank securities and FX market intervention in a developing economy," MPRA Paper, University Library of Munich, Germany, number 111533, Mar, revised 09 Aug 2021.

2020

  1. Khemraj, Tarron & Yu, Sherry, 2020, "Human capital and the COVID-19 pandemic," MPRA Paper, University Library of Munich, Germany, number 101262, Jun.

2019

  1. Khemraj, Tarron, 2019, "Two ethnic security dilemmas and their economic origin," MPRA Paper, University Library of Munich, Germany, number 101263, Apr.

2018

  1. Collin Constantine & Tarron Khemraj, 2018, "Geography, Economic Structures and Institutions: A Synthesis," The Other Canon Foundation and Tallinn University of Technology Working Papers in Technology Governance and Economic Dynamics, TUT Ragnar Nurkse Department of Innovation and Governance, number 80, Feb.

2013

  1. Khemraj, Tarron, 2013, "Bi-communalism and the economic origins of democracy: a case study," MPRA Paper, University Library of Munich, Germany, number 47288, Mar.

2011

  1. Tarron Khemraj & Christian R. Proaño, 2011, "Excess Bank Reserves and Monetary Policy with a Lower-Bound Lending Rate September 2011," Working Papers, New School for Social Research, Department of Economics, number 1104, Sep.
  2. Khemraj, Tarron & Hinova, Diana, 2011, "Elected Oligarchy and Economic Underdevelopment: The Case of Guyana," MPRA Paper, University Library of Munich, Germany, number 29733, Mar.
  3. Khemraj, Tarron & Pasha, Sukrishnalall, 2011, "Monetary sterilization and dual nominal anchors: some Caribbean examples," MPRA Paper, University Library of Munich, Germany, number 34503, Mar.
  4. Khemraj, Tarron & Pasha, Sukrishnalall, 2011, "Analysis of an unannounced foreign exchange regime change," MPRA Paper, University Library of Munich, Germany, number 38187, May, revised 2011.
  5. Khemraj, Tarron, 2011, "The Non-Zero Lower Bound Lending Rate and the Liquidity Trap," MPRA Paper, University Library of Munich, Germany, number 42030, Sep, revised 01 May 2012.

2010

  1. Khemraj, Tarron, 2010, "The simple analytics of oligopoly banking in developing economies," MPRA Paper, University Library of Munich, Germany, number 22266, Jan.

2009

  1. Khemraj, Tarron, 2009, "A note on US excess bank reserves and the credit contraction," MPRA Paper, University Library of Munich, Germany, number 18702, Oct.
  2. Khemraj, Tarron & Langrin, R. Brian, 2009, "Dynamic interactions of bank assets in two foreign currency constrained economies," MPRA Paper, University Library of Munich, Germany, number 36620, Sep, revised Nov 2010.
  3. Khemraj, Tarron & Pasha, Sukrishnalall, 2009, "The determinants of non-performing loans: an econometric case study of Guyana," MPRA Paper, University Library of Munich, Germany, number 53128, Aug.

2008

  1. Khemraj, Tarron & Pasha, Sukrishnalall, 2008, "Foreign exchange market bid-ask spread and market power in an underdeveloped economy," MPRA Paper, University Library of Munich, Germany, number 11422, Oct.
  2. Khemraj, Tarron, 2008, "Excess Liquidity and the Foreign Currency Constraint: The Case of Monetary Management in Guyana," MPRA Paper, University Library of Munich, Germany, number 53127, Jan.
  3. Tarron Khemraj, 2008, "Excess liquidity, oligopolistic loan markets and monetary policy in LDCs," Working Papers, United Nations, Department of Economics and Social Affairs, number 64, Feb.

2007

  1. Khemraj, Tarron, 2007, "The missing link: the finance-growth nexus and the Guyanese growth stagnation," MPRA Paper, University Library of Munich, Germany, number 16342, Oct.
  2. Khemraj, Tarron, 2007, "Monetary policy and excess liquidity: the case of Guyana," MPRA Paper, University Library of Munich, Germany, number 53126, May.
  3. Tarron Khemraj, 2007, "What does excess bank liquidity say about the loan market in Less Developed Countries?," Working Papers, United Nations, Department of Economics and Social Affairs, number 60, Nov.

2006

  1. Willi Semmler & Jeff Madrick & Tarron Khemraj, 2006, "Okun's Law and Jobless Growth," SCEPA policy note series., Schwartz Center for Economic Policy Analysis (SCEPA), The New School, number 2006-03, Mar.

Journal articles

2026

  1. Christopher R. Herdelin, 2026, "Revisiting a Post Keynesian Explanation of US Inflation," JRFM, MDPI, volume 19, issue 3, pages 1-23, March.

2025

  1. Christopher R. Herdelin, 2025, "The Impact of the Unemployment Rate Gap on the Labor Share of Income," Eastern Economic Journal, Palgrave Macmillan;Eastern Economic Association, volume 51, issue 3, pages 456-471, June, DOI: 10.1057/s41302-025-00302-y.
  2. Yuki Tada & Kazuhiro Kurose, 2025, "The Pasinetti Index and the Rise of Inequality in the Age of Unconventional Monetary Policy in Japan," Review of Political Economy, Taylor & Francis Journals, volume 37, issue 3, pages 835-866, May, DOI: 10.1080/09538259.2024.2448714.

2024

  1. Khemraj, Tarron & Pasha, Sukrishnalall, 2024, "Structural change and sectoral interconnectedness in two resource-abundant economies," Resources Policy, Elsevier, volume 88, issue C, DOI: 10.1016/j.resourpol.2023.104529.
  2. Sarah F. Small & Laura Beltran Figueroa & Leah Masci & Nishu Mehrish & Iris Riddiford Graham & Steven Pressman, 2024, "A History of the Eastern Economic Association: 50 Years of Finding Space for Pluralism and Inclusion in Economics," Eastern Economic Journal, Palgrave Macmillan;Eastern Economic Association, volume 50, issue 4, pages 441-471, October, DOI: 10.1057/s41302-024-00288-z.
  3. Tada, Yuki, 2024, "The paradox of debt and Minsky cycle: Nonlinear effects of debt and capital and variety of capitalism," Structural Change and Economic Dynamics, Elsevier, volume 71, issue C, pages 706-729, DOI: 10.1016/j.strueco.2024.09.006.

2023

  1. Tarron Khemraj & Sherry Yu, 2023, "Inflation Dynamics and Quantitative Easing," Eastern Economic Journal, Palgrave Macmillan;Eastern Economic Association, volume 49, issue 4, pages 613-638, October, DOI: 10.1057/s41302-023-00257-y.
  2. Yuki Tada, 2023, "Countercyclical Fiscal Policy and the Paradox of Debt: The Principles of the Stock Flow Consistent Model," Bulletin of Political Economy, Bulletin of Political Economy, volume 17, issue 1, pages 5-45, June.

2022

  1. Eli Direye & Tarron Khemraj, 2022, "Central bank securities and foreign exchange market intervention in a developing economy," Review of Development Economics, Wiley Blackwell, volume 26, issue 1, pages 280-297, February, DOI: 10.1111/rode.12838.

2019

  1. Constantine, Collin & Khemraj, Tarron, 2019, "Geography, economic structures and institutions: A synthesis," Structural Change and Economic Dynamics, Elsevier, volume 51, issue C, pages 371-379, DOI: 10.1016/j.strueco.2019.01.001.
  2. Aleksandr V. Gevorkyan & Tarron Khemraj, 2019, "Exchange Rate Targeting and Gold Demand by Central Banks: Modeling International Reserves Composition," Emerging Markets Finance and Trade, Taylor & Francis Journals, volume 55, issue 1, pages 168-180, January, DOI: 10.1080/1540496X.2018.1425136.
  3. Darrin Downes & Tarron Khemraj, 2019, "Foreign Exchange Pressure in Barbados: Monetary Approach or Monetary Dependence?," Review of Political Economy, Taylor & Francis Journals, volume 31, issue 2, pages 159-177, April, DOI: 10.1080/09538259.2019.1621504.

2016

  1. Tarron Khemraj, 2016, "The Political Economy of Guyana’s Underdevelopment," The Review of Black Political Economy, Springer;National Economic Association, volume 43, issue 3, pages 325-342, December, DOI: 10.1007/s12114-016-9239-4.
  2. Tarron Khemraj & Sherry Yu, 2016, "The effectiveness of quantitative easing: new evidence on private investment," Applied Economics, Taylor & Francis Journals, volume 48, issue 28, pages 2625-2635, June, DOI: 10.1080/00036846.2015.1125439.

2014

  1. Tarron Khemraj & Sukrishnalall Pasha, 2014, "The determinants of bid-ask spread in the guyanese fx market," Journal of Developing Areas, Tennessee State University, College of Business, volume 48, issue 2, pages 39-62, April-Jun.

2013

  1. Khemraj, Tarron, 2013, "Bank liquidity preference and the investment demand constraint," Economic Modelling, Elsevier, volume 33, issue C, pages 977-990, DOI: 10.1016/j.econmod.2013.06.008.

2012

  1. Khemraj, Tarron & Pasha, Sukrishnalall, 2012, "Analysis of an unannounced foreign exchange regime change," Economic Systems, Elsevier, volume 36, issue 1, pages 145-157, DOI: 10.1016/j.ecosys.2011.06.002.
  2. Tarron Khemraj & Sukrishnalall Pasha, 2012, "Dual nominal anchors in the Caribbean," Journal of Economic Studies, Emerald Group Publishing Limited, volume 39, issue 4, pages 420-439, August, DOI: 10.1108/01443581211255639.

2010

  1. Tarron Khemraj, 2010, "What does excess bank liquidity say about the loan market in Less Developed Countries?," Oxford Economic Papers, Oxford University Press, volume 62, issue 1, pages 86-113, January.

2009

  1. Tarron Khemraj, 2009, "Excess liquidity and the foreign currency constraint: the case of monetary management in Guyana," Applied Economics, Taylor & Francis Journals, volume 41, issue 16, pages 2073-2084, DOI: 10.1080/00036840701857994.

Books

2014

  1. Tarron Khemraj, 2014, "Money, Banking and the Foreign Exchange Market in Emerging Economies," Books, Edward Elgar Publishing, number 15473, ISBN: ARRAY(0x94a5e450).

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