Report July 2007

In April, scholars, policymakers, and financial analysts gathered at the Levy Institute’s headquarters in Annandale-on-Hudson, New York, to explore themes from the work of the late Levy Institute economist Hyman Minsky. A summary of their discussions appears in this issue of the Report.

Contents:

CONFERENCE

• 16th Annual Hyman P.Minsky Conference on the State of the US and World Economies
  Global Imbalances: Prospects for the US and World Economies

NEW STRATEGIC ANALYSIS

• The US Economy: What’s Next?

NEW LEVY INSTITUTE MEASURE OF ECONOMIC WELL-BEING REPORT

• How Well Off Are America’s Elderly? A New Perspective

WORKSHOP

• From Unpaid Work to Employment Guarantee Policy: A Social Accounting Matrix Exercise

NEW WORKING PAPERS

• Are the Costs of the Business Cycle “Trivially Small”? Lucas’s Calculus of Hardship and Chooser-dependent, Non–Expected Utility Preferences
• State, Difference, and Diversity: Toward a Path of Expanded Democracy and Gender Equality
• Fiscal Policy in a Stock-Flow Consistent (SFC) Model
• Gender Inequalities in Allocating Time to Paid and Unpaid Work: Evidence from Bolivia
• Gender Disparities in Employment and Aggregate Profitability in the United States
• Surveying American Jews and Their Views on Middle East Politics: The Current Situation and a Proposal for a New Approach
• Employment Guarantee Programs: A Survey of Theories and Policy Experiences
• ELR-led Economic Development: A Plan for Tunisia
• Economic Perspectives on Aging
• Two National Surveys of American Jews, 2000–01: A Comparison of the NJPS and AJIS

LEVY INSTITUTE NEWS

• New Board Member
• New Appointments
• Candidates Sought
• Recent Levy Institute Publications