Content
2012, Volume 35, Issue 2
- 277-300 Financialization and the transformation of commercial banking: understanding the recent Canadian experience before and during the international financial crisis
by Mario Seccareccia - 301-312 Is risk management a science?
by Paul Davidson - 313-313 In Memory of Albert Hirschman
by The Editors
2012, Volume 35, Issue 1
- 3-20 For a heterodox mainstream economics: an academic manifesto
by Luiz Bresser-Pereira - 21-44 The U.S. dimension of the euro zone debt crisis
by Philip Arestis & Elias Karakitsos - 45-64 "Lack of Balance, Coordination and Sustainability in Economic Development": China's growth and the 2007 financial crisis
by Nigel Allington & John McCombie & Maureen Pike - 65-78 Balance-of-payments-constrained growth: the case of Turkey
by Ferda Halicioglu - 79-92 Is manufacturing still the engine of growth?
by W. McCausland & Ioannis Theodossiou - 93-112 Nonconvex adjustment costs, hysteresis, and the macrodynamics of employment
by Paulo Mota & Paulo Vasconcelos - 113-136 Further econometric evidence on the gravitation and convergence of industrial rates of return on regulating capital
by Andrea Vaona - 137-162 Inflation targeting in a developing economy: policy rules, growth, and stability
by Carlos Drumond & Gabriel Porcile
2012, Volume 34, Issue 4
- 555-582 Lessons not learned: from the collapse of Long-Term Capital Management to the subprime crisis
by Nigel Allington & John McCombie & Maureen Pike - 583-610 The Post Keynesian retort to "After the Washington Consensus"
by John Marangos - 611-652 The link between central bank independence and inflation in Central and Eastern Europe: are the results sensitive to endogeneity issue omitted dynamics and subjectivity bias?
by Goran Petrevski & Jane Bogoev & Bruno Sergi - 653-684 An empirical model for housing tenure choice and demand in the Spanish market
by Manuel Jaén-García & Laura Piedra-Muñoz - 685-712 Structural VAR analysis of debt, capital accumulation, and income distribution in the Japanese economy: a Post Keynesian perspective
by Hiroshi Nishi - 713-748 Demand-led versus supply-led growth transitions
by Kevin Nell - 749-776 Liquidity preference, uncertainty, and recession in a stock-flow consistent model
by Yannis Dafermos - 777-802 Keynesian and Schumpeterian efficiency in a BOP-constrained growth model
by Eva da Silva Catela & Gabriel Porcile - 803-805 Author index to Volume 34
by The Editors
2012, Volume 34, Issue 3
- 387-392 Growth and money in Post Keynesian models
by Louis-Philippe Rochon & Dany Lang - 393-412 Post Keynesian modeling: where are we, and where are we going to?
by Angel Asensio & Dany Lang & Sébastien Charles - 413-430 Memory of recessions
by Rod Cross & Hugh McNamara & Alexei Pokrovskii - 431-452 Distributional dynamics in Post Keynesian growth models
by Amitava Dutt - 453-474 Wealth and wealth distribution in the neo-Kaleckian growth model
by Thomas Palley - 475-496 "Financialization," distribution, capital accumulation, and productivity growth in a post-Kaleckian model
by Eckhard Hein - 497-520 A Kaleckian model of growth and distribution with conflict-inflation and Post Keynesian nominal interest rate rules
by Louis-Philippe Rochon & Mark Setterfield - 521-546 Long period interest rate rules in a demand-led Kaldor-Pasinetti-Sraffa-Keynes growth model
by Peter Docherty - 547-552 A simple theory of banking and the relationship between commercial banks and the central bank
by Eric Kam & John Smithin
2011, Volume 34, Issue 2
- 183-204 Did the 2008 rebate fail? a response to Taylor and Feldstein
by Kenneth Lewis & Laurence Seidman - 205-224 German neomercantilism and the European sovereign debt crisis
by Bill Lucarelli - 225-254 The primacy of hedge funds in the subprime crisis
by Photis Lysandrou - 255-274 "On the Cobb-Douglas and all that …": the Solow-Simon correspondence over the aggregate neoclassical production function
by Scott Carter - 275-294 On Herbert Simon's criticisms of the Cobb-Douglas and the CES production functions
by Jesus Felipe & John McCombie - 295-318 Inflation targeting in a Post Keynesian economy
by André dos Santos - 319-330 Exchange rate volatility and domestic consumption: a multicountry analysis
by Mohsen Bahmani-Oskooee & Dan Xi - 331-352 Keynes's animal spirits vindicated: an analysis of recent empirical and neural data on money illusion
by Sacha Bourgeois-Gironde & Marianne Guille - 353-380 Application of the balance-of-payments-constrained growth model to Portugal, 1965-2008
by Elias Soukiazis & Micaela Antunes
2011, Volume 34, Issue 1
- 3-24 In the land of the blind the one-eyed are king: how financial economics contributed to the collapse of 2008-2009
by Edward Williams - 25-58 Cyclical patterns of employment, utilization, and profitability
by Ben Zipperer & Peter Skott - 59-84 China's economic growth, 1978-2007: structural-institutional changes and efficiency attributes
by Dic Lo & Guicai Li - 85-112 On the U.S.-Chinese trade dispute
by Imad Moosa - 113-136 Capital stock and unemployment in Canada
by Ana Martínez-Cañete & Alfonso Palacio-Vera - 137-158 Was it really a Minsky moment?
by Timur Behlul - 159-178 Chamberlin and Robinson: their realism revisited and revised
by John McDermott - 179-179 Publisher's Note
by The Editors
July 2011, Volume 33, Issue 4
- 539-554 Behavioral finance and Post Keynesian-institutionalist theories of financial markets
by J. Patrick Raines & Charles G. Leathers - 555-574 The potential contributions of behavioral finance to Post Keynesian and institutionalist finance theories
by Matthew V. Fung - 575-596 Global imbalances and modern capitalism: a structural approach to understanding the present economic crisis
by Keith Cowling & Stephen P. Dunn & Philip R. Tomlinson - 597-620 The cost of job loss and the great recession
by Aaron Pacitti - 621-644 The influence of trade union bargaining power on EU processing trade
by Ricardo Bustillo & Carlos RodrÃguez - 645-666 Savings and investmentsâan old debate in times of trouble
by Johann Graf Lambsdorff
April 2011, Volume 33, Issue 3
- 411-434 Bernanke's paradox: can he reconcile his position on the federal budget with his recent charge to prevent deflation?
by Pavlina R. Tcherneva - 435-450 The stagnant labor market: some aspects of the bleak picture
by Arjun Jayadev & Michael Konczal - 451-468 The endogeneity of the natural rate of growth for a selection of Asian countries
by Mark Dray & A. P. Thirlwall - 469-490 Financial conventions in Keynes's theory: the stock exchange
by David Dequech - 491-516 The modern food industry and public health: a Galbraithian perspective
by Stephen Dunn - 517-536 Deficit reduction, the age of austerity, and the paradox of insolvency
by Yiannis Kitromilides
January 2010, Volume 33, Issue 2
- 211-234 Can Post Keynesians make better use of behavioral economics?
by Therese Jefferson & J. E. King - 235-250 Comments on "can Post Keynesians make better use of behavioral economics?"
by Matthew V. Fung - 251-254 Behavioral economists should make a turn and learn from Keynes and Post Keynesian economics
by Paul Davidson - 255-280 >i>Indian Currency>/i> and beyond: the legacy of the early economics of Keynes in the times of Bretton Woods II
by Anna M. Carabelli & Mario A. Cedrini - 281-306 On the role of relative prices and capital flows in balance-of-payments-constrained growth: the experiences of Portugal and Spain in the euro area
by Carlos GarcimartÃn & Luis A. Rivas & Pilar GarcÃa MartÃnez - 307-332 External financial liberalization and growth in emerging countries: a panel data estimation using a new index (1990-2004)
by Cesar Rodrigues van der Laan & André Moreira Cunha & Tiago Wickstrom Alves - 333-370 Financial integration and macroeconomic adjustments in a monetary union
by Vincent Duwicquet & Jacques Mazier - 371-408 The impact of labor market deregulation on productivity: a panel data analysis of 19 OECD countries (1960-2004)
by Robert Vergeer & Alfred Kleinknecht
October 2010, Volume 33, Issue 1
- 3-16 Reflexivity, path dependence, and disequilibrium dynamics
by Anwar Shaikh - 17-40 The Post Keynesian alternative for the Russian economy
by Soltan S. Dzarasov - 41-60 Financial and economic crisis in Eastern Europe
by Rainer Kattel - 61-82 Modeling financial crises: a schematic approach
by John T. Harvey - 83-104 Capital wealth taxation as a potential remedy for excessive capital wealth inequality
by James A. Yunker - 105-126 Central banks, trade unions, and reputationâis there room for an expansionist maneuver in the European Union?
by Toralf Pusch & Arne Heise - 127-150 Differentiated banking strategies across the territory: an exploratory analysis
by Marco Crocco & Ana Tereza Lanna Figueiredo & Fabiana Borges Teixeira Santos - 151-168 The financial fragility hypothesis applied to the public sector: an analysis for Brazil's economy from 2000 to 2008
by Fernando Ferrari-Filho & Fábio Henrique Bittes Terra & Octavio A. C. Conceição - 169-204 Structural change, balance-of-payments constraint, and economic growth: evidence from the multisectoral Thirlwall's law
by Raphael Rocha Gouvea & Gilberto Tadeu Lima
July 2010, Volume 32, Issue 4
- 499-534 The global financial crisis and a new capitalism?
by Luiz Carlos Bresser-Pereira - 535-558 Are conventions solutions to uncertainty? contrasting visions of social coordination
by John Latsis & Guillemette de Larquier & Franck Besis - 559-566 Keynes's uncertainty is not about white or black swans
by Andrea Terzi - 567-570 Black swans and Knight's epistemological uncertainty: are these concepts also underlying behavioral and post-Walrasian theory?
by Paul Davidson - 571-590 Liquidity traps or Minsky crises: a critical review of the recent U.S. recession and Japan's Heisei recession in the 1990s
by Peter C. Y. Chow & Kevin R. Foster - 591-600 Federal Reserve policy and the recession of 1937-1938: let's not ignore Telser's analysis
by Robert F. Stauffer - 601-622 Institutional economics and the concept of equilibrium
by Katia Caldari - 623-644 Back to the future: Latin America's current development strategy
by Esteban Pérez Caldentey & MatÃas Vernengo - 645-660 On the relation between currency depreciation and domestic investment
by Mohsen Bahmani-Oskooee & Massomeh Hajilee - 661-666 Making dollars and sense of the U.S. government debt
by Paul Davidson
April 2010, Volume 32, Issue 3
- 327-346 The return of fiscal policy
by Philip Arestis & Malcolm Sawyer - 347-370 Social preferences and fiscal policies: an analysis of the composition of public expenditures in the European Union
by Jesús Ferreiro & M. Teresa GarcÃa-del-Valle & Carmen Gómez - 371-388 The Spanish fiscal policy during the recent "great recession"
by Felipe Serrano - 389-396 Conversation or monologue? on advising heterodox economists
by MatÃas Vernengo - 397-408 How to win friends and (possibly) influence mainstream economists
by David Colander & Richard P. F. Holt & J. Barkley Rosser - 409-426 Explaining persistent cycles in a short-run context: firms' propensity to invest and omnipotent shareholders
by Sébastien Charles - 427-444 A Keynesian-Kaleckian model of investment determination: a panel data investigation
by Constantinos Alexiou - 445-466 New Keynesians versus Post Keynesians on the theory of prices
by Jordan Melmies - 467-496 International monetary asymmetries and the central bank
by Angel GarcÃa Banchs & Luis Mata Mollejas
December 2009, Volume 32, Issue 2
- 155-162 South America and a new financial architecture
by Jean-François Ponsot & Louis-Philippe Rochon - 163-172 The Ecuadorian proposal for a new regional financial architecture
by Pedro Páez Pérez - 173-184 Regional currencies and regional monetary zones in Latin America: what prospects?
by Claude Gnos & Virginie Monvoisin & Jean-François Ponsot - 185-198 Financing economic development in Latin America: the Banco del Sur
by Wesley C. Marshall & Louis-Philippe Rochon - 199-212 Beyond the original sin: a new regional financial architecture in South America
by Alcino F. Camara-Neto & MatÃas Vernengo - 213-234 Common currency and economic integration in Mercosul
by Luiz Carlos Bresser-Pereira & Marcio Holland - 235-248 Economic integration and development in Latin America: perspectives for Mercosul
by Fernando J. Cardim de Carvalho - 249-268 Subregional financial cooperation: the South American experience
by José Antonio Ocampo & Daniel Titelman - 269-290 Thirlwall's law and the two-gap model: toward a unified "dynamic gap" model
by Mario GarcÃa-Molina & Jeanne Kelly RuÃz-Tavera - 291-310 The applicability of the employer of last resort program to Brazil
by Zoraide Bezerra Gomes & André LuÃs Cabral de Lourenço - 311-322 Imports and the income-expenditure model: implications for fiscal policy and recession fighting
by Thomas I. Palley
September 2009, Volume 32, Issue 1
- 3-18 Keynesian macroeconomics as the rejection of classical axioms
by Steven M. Fazzari - 19-41 Davidson on Keynes: the open economy dimension
by Robert A. Blecker - 43-58 Keynes and the real world: Davidson, money, and uncertainty
by Virginie Monvoisin & Louis-Philipe Rochon - 59-72 Central themes of Paul Davidson's >i>John Maynard Keynes>/i>
by Robert W. Dimand - 73-81 Reply to contributors to the discussion of the central themes of >i>John Maynard Keynes>/i>
by Paul Davidson - 83-95 Paradoxes in Lucas's 1988 model with variable returns
by Giulio Guarini - 97-114 Money supply endogeneity under a currency board regime: the case of Bosnia and Herzegovina
by Shirley J. Gedeon - 115-136 Thirlwall's law and the long-term equilibrium growth rate: an application to Brazil
by Gustavo Britto & John S. L. McCombie - 137-150 Mainstream economics: searching where the light is
by Rogier De Langhe
July 2009, Volume 31, Issue 4
- 547-548 Special symposium of discretionary fiscal policy: fiscal policy is back!
by Philip Arestis & Giuseppe Fontana - 549-565 Fiscal and interest rate policies in the "new consensus" framework: a different perspective
by Malcolm Sawyer - 567-586 The consensus view on interest rates and fiscal policy: reality or innocent fraud?
by Alvaro Angeriz & Philip Arestis - 587-604 The transmission mechanism of fiscal policy: a critical assessment of current theories and empirical methodologies
by Giuseppe Fontana - 605-621 Fiscal policy in the monetary theory of production: an alternative to the "new consensus" approach
by Guglielmo Forges Davanzati & Andrea Pacella & Riccardo Realfonzo - 623-643 Fiscal and monetary policy interactions: lessons for revising the EU Stability and Growth Pact
by Mark Setterfield - 645-667 Fiscal policy is back in France and the United Kingdom!
by Jérôme Creel & Paola Monperrus-Veroni & Francesco Saraceno - 669-690 Origins of banking crises in Latin America: a critical view
by Wesley C. Marshall - 691-706 Sen's capability approach and Post Keynesianism: similarities, distinctions, and the Cambridge tradition
by Nuno Ornelas Martins - 707-727 Is there a growth imperative in capitalist economies? a circular flow perspective
by Mathias Binswanger
April 2009, Volume 31, Issue 3
- 367-382 Where Bernanke is taking the Federal Reserve: a Post Keynesian and institutionalist perspective
by J. Patrick Raines & Heather R. Richardson & Charles G. Leathers - 383-401 A Post Keynesian theory of economic policyâfilling a void
by Arne Heise - 403-430 Convergence and efficiency: evidence from the EU-15
by Evangelia Desli - 431-457 How bad is divergence in the euro zone? Lessons from the United States and Germany
by Sebastian Dullien & Ulrich Fritsche - 459-484 Is the composition of public expenditures converging in EMU countries?
by Jesus Ferreiro & M. Teresa Garcia-Del-Valle & Carmen Gomez - 485-492 Taylor and Keynesian monetary policy rules
by H. Sonmez Atesoglu - 493-522 The two methods and the hard core of economics
by Luiz Carlos Breser-Pereira - 523-541 Three difficulties with neo-chartalism
by Eladio Febrero
December 2008, Volume 31, Issue 2
- 191-212 Keynes and the reform of the capitalist social order
by Fernando J. Cardim De Carvalho - 213-226 Financial economics at 50: an oxymoronic tautology
by M. C. Findlay & E. E. Williams - 227-248 Exchange rate regime proposal for emerging countries: a Keynesian perspective
by Fernando Ferrari-Filho & Luiz Fernando De Paula - 249-270 Inflation targeting and Keynes's political economy
by George Argitis - 271-298 Testing the neoclassical long-run and the Keynesian short-run effects of investment on output and growth in India
by Tarlok Singh - 299-324 North-South Ricardian trade and growth under the balance-of-payments constraint
by Hiroaki Sasaki - 325-344 Missing details and conspicuous absences: from the >i>Treatise>/i> to the >i>General Theory>/i>
by Antonio Carlos Macedo e Silva - 345-356 What is spurious correlation? a reply to DÃaz and Osuna
by Andrew Kliman - 357-362 Understanding spurious correlation: a rejoinder to Kliman
by Emilio DÃaz & Rubén Osuna
September 2008, Volume 31, Issue 1
- 3-33 A stages approach to banking development in transition economies
by Sheila C. Dow & Dipak Ghosh & Kobil Ruziev - 35-56 Investment functions and the profitability gap
by Colin Richardson & Peter Romilly - 57-78 Effective-demand-constrained growth in a two-sector Kaldorian model
by John S. L. McCombie & Mark Roberts - 79-99 Financial dependency and growth cycles in Latin American countries
by Carlos Aguiar de Medeiros - 101-123 Innovations, wages, and profits
by Mario Pianta & Massimiliano Tancioni - 125-138 Teaching Minsky's financial instability hypothesis: a manageable suggestion
by Sébastien Charles - 139-149 U.S. deficit control and private-sector wealth
by Joëlle J. Leclaire - 151-165 East German unemployment: the myth of the irrelevant labor market
by Christian Merkl & Dennis Snower - 167-185 Neoclassical versus Keynesian approaches to Eastern German unemployment: a rejoinder to Merkl and Snower
by John Hall & Udo Ludwig
July 2008, Volume 30, Issue 4
- 541-560 The discrete charm of the Washington consensus
by Jan Kregel - 561-582 Capital controls and financial liberalization: removing the ideological bias
by André De Melo Modenesi & Rui Lyrio Modenesi - 583-600 The coordination problem: expectations and inaction
by Miguel A. Duran - 601-622 Alternative money theories: a G7 testing
by Yannis Panagopoulos & Aristotelis Spiliotis - 623-648 Cycles and trends in U.S. net borrowing flows
by Nelson H. Barbosa-Filho & Codrina Rada von Arnim & Lance Taylor & Luca Zamparelli - 649-668 Fiscal policy in a stock-flow consistent model: a comment
by Bill Martin - 669-676 Is the current financial distress caused by the subprime mortgage crisis a Minsky moment? or is it the result of attempting to securitize illiquid noncommercial mortgage loans?
by Paul Davidson
2008, Volume 30, Issue 3
- 403-408 Monetary policy rules and U.S. monetary policy
by H. Atesoglu
2007, Volume 30, Issue 2
- 147-168 Teaching Post Keynesian exchange rate theory
by John Harvey - 169-185 Neoclassical versus Post Keynesian models of exchange rate determination: a comparison based on nonnested model selection tests and predictive accuracy
by Imad Moosa - 187-203 Inheriting inequality: institutional influences on the distribution of wealth
by Alan Isaac - 205-225 Market structure-driven discrimination and the earnings of subordinate managers: an analysis by union density
by Jacqueline Agesa & Richard Agesa - 227-258 The case for the Swedish wage-earner funds: a Post Keynesian solution to the dynamic inefficiency of capitalism through the socialization of investment
by Philip Whyman - 259-277 A Keynesian angle for the Taylor rule: mortgage rates, monthly payment illusion, and the scarecrow effect of inflation
by Alan Haight - 279-302 Neoclassical, mainstream, orthodox, and heterodox economics
by David Dequech - 303-312 Live and dead issues in the methodology of economics
by David Colander & Richard Holt & J. Rosser
2007, Volume 30, Issue 1
- 3-11 The state of Post Keynesian interest rate policy: where are we and where are we going?
by Louis-Philippe Rochon - 13-42 Interest rates, income distribution, and monetary policy dominance: Post Keynesians and the "fair rate" of interest
by Louis-Philippe Rochon & Mark Setterfield - 43-60 Why money matters: Wicksell, Keynes, and the new consensus view on monetary policy
by Giuseppe Fontana - 61-78 Macroeconomics and monetary policy: competing theoretical frameworks
by Thomas Palley - 79-100 Fiscal policy in a stock-flow consistent (SFC) model
by Wynne Goldey & Marc Lavoie - 101-118 A real interest rate rule for monetary policy?
by John Smithin - 119-141 A Post Keynesian view of central bank independence, policy targets, and the rules versus discretion debate
by L. Wray
2007, Volume 29, Issue 4
- 531-554 It is high time to ditch the NAIRU
by Servaas Storm & C. Naastepad - 555-571 The right to a job: a Post Keynesian perspective
by Diane Zannoni & Edward Mckenna - 573-600 Real wage productivity elasticity across advanced economies, 1963-1996
by Scott Carter - 601-619 Explaining persistent unemployment in eastern Germany
by John Hall & Udo Ludwig - 621-643 Natural equilibrium real interest rate estimates and monetary policy design
by Philip Arestis & Georgios Chortareas - 645-666 The conventional versus the natural rate of interest: implications for central bank autonomy
by Oscar De-Juan - 667-688 The natural rate of interest: which concept? which estimation method? which policy conclusions?
by Jesús Cuaresma & Ernest Gnan - 689-697 The neutral rate of interest and a new monetary policy rule
by H. Atesoglu - 699-701 Author index to Volume 29
by The Editors
2007, Volume 29, Issue 3
- 363-391 How do conflicting theories about financial markets coexist?
by Wesley Phoa & Sergio Focardi & Frank Fabozzi - 393-408 Theories of stock prices and the Greenspan---Bernanke doctrine on stock market bubbles
by J. Raines & J. McLeod & Charles Leathers - 409-426 Monetary transmission---federal funds rate and CD rates
by Yasuo Nishiyama - 427-450 Financial engineering, consumer credit, and the stability of effective demand
by Christopher Brown - 455-472 A prolegomena to any future Post Keynesian education policy
by Steven Pressman - 473-500 Technology gap, real wages, and learning in a balance-of-payments---constrained growth model
by Gabriel Porcile & Marcus Dutra & Antonio Meirelles - 501-519 An empirical analysis of a Keynesian investment theory using Brazilian firm-level panel data
by Gregory Falls & Paul Natke - 521-528 Are we making progress toward a civilized society?
by Paul Davidson
2006, Volume 29, Issue 2
- 179-190 The lasting economic contributions of John Kenneth Galbraith, 1908-2006
by Stephen Dunn & Steven Pressman - 191-209 History versus equilibrium? on the possibility and realist basis of a general critique of traditional equilibrium analysis
by Dany Lang & Mark Setterfield - 211-246 OECD demand regimes (1960-2000)
by C. Naastepad & Servaas Storm - 247-257 More on the monetary transmission mechanism: mortgage rates and the federal funds rate
by James Payne - 259-283 Exchange rates and prices: revisiting Granger causality tests
by Jen-Chi Cheng & Larry Taylor & Wenlong Weng - 285-308 Irrational exuberance and stock market valuations: evidence from China
by Feng Xiao - 309-325 A Post Keynesian approach to advertising and its relevance for the transition economies
by Marko Lah & Andrej SušJan & Branko Ilič - 327-358 "Expansionary fiscal contractions": a standard Keynesian explanation
by Göran Hjelm