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Report Vol. 17, No. 1 | January 2007

Report January 2007

Many believe that the value of the dollar will eventually collapse, succumbing to pressure from the deficit in the current account. A new Strategic Analysis by the Levy Institute Macro-modeling Team finds that further devaluation is inevitable, but they emphasize its beneficial effects.

Contents:

NEW STRATEGIC ANALYSIS

  • Can Global Imbalances Continue? Policies for the US Economy

CONFERENCE

  • Employment Guarantee Policies: Theory and Practice

NEW PUBLIC POLICY BRIEF

  • Rethinking Trade and Trade Policy: Gomory, Baumol, and Samuelson on Comparative Advantage

NEW WORKING PAPERS

  • Capital Stock and Unemployment: Searching for the Missing Link
  • The “New Consensus” View of Monetary Policy: A New Wicksellian Connection?
  • When Knowledge Is an Asset: Explaining the Organizational Structure of Large Law Firms
  • On Lower-bound Traps: A Framework for the Analysis of Monetary Policy in the “Age” of Central Banks
  • European Welfare State Regimes and Their Generosity toward the Elderly

LEVY INSTITUTE NEWS

  • New Research Associates
  • Levy Institute Awarded Grant from UNDP
  • New Levy Institute Book

PUBLICATIONS AND PRESENTATIONS

  • Publications and Presentations by Levy Institute Scholars
  • Recent Levy Institute Publications
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Publication Highlight

Working Paper No. 1045
Social Security and Gender Inequality
Author(s): Liudmila Malyshava, B. Oak McCoy
March 2024

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