Summary Fall 2007

The Fall issue leads off with the 16th Annual Hyman P. Minsky Conference, in which top policymakers, economists, and analysts explored the impact of global imbalances and whether or not the United States economy was headed for a hard or a soft landing.

Contents:

INSTITUTE RESEARCH

Program: The State of the US and World Economies

• THE 16TH ANNUAL HYMAN P. MINSKY CONFERENCE
  Global Imbalances: Prospects for the US and World Economies
• WYNNE GODLEY and MARC LAVOIE, Fiscal Policy in a Stock-flow Consistent (SFC) Model
• DIMITRI B. PAPADIMITRIOU, GREG HANNSGEN, and GENNARO ZEZZA, The Effects of a Declining Housing Market on the US Economy

  Strategic Analysis

• WYNNE GODLEY, DIMITRI B. PAPADIMITRIOU, and GENNARO ZEZZA, The US Economy: What’s Next?

Program: The Distribution of Income and Wealth

• DIMITRI B. PAPADIMITRIOU, Economic Perspectives on Aging
• EDWARD N. WOLFF, Recent Trends in Household Wealth in the United States: Rising Debt and the Middle-Class Squeeze

  Levy Institute Measure of Economic Well-Being

• EDWARD N. WOLFF, AJIT ZACHARIAS, and HYUNSUB KUM, How Well Off Are America’s Elderly? A New Perspective

Program: Gender Equality and the Economy

• WORKSHOP: From Unpaid Work to Employment Guarantee Policy: A Social Accounting Matrix Exercise
• RANIA ANTONOPOULOS and FRANCISCO COS-MONTIEL, State, Difference, and Diversity: Toward a Path of Expanded Democracy and Gender Equality
• MARCELO MEDEIROS, RAFAEL GUERREIRO OS�RIO, and JOANA COSTA, Gender Inequalities in Allocating Time to Paid and Unpaid Work: Evidence from Bolivia
• MELISSA MAHONEY and AJIT ZACHARIAS, Gender Disparities in Employment and Aggregate Profitability in the United States
• THOMAS MASTERSON, Female Land Rights, Crop Specialization, and Productivity in Paraguayan Agriculture
• FADHEL KABOUB, Employment Guarantee Programs: A Survey of Theories and Policy Experiences
• FADHEL KABOUB, ELR-led Economic Development: A Plan for Tunisia
• PINAKI CHAKRABORTY, Implementation of the National Rural Employment Guarantee Act in India: Spatial Dimensions and Fiscal Implications

Program: Immigration, Ethnicity, and Social Structure

• JOEL PERLMANN, Surveying American Jews and Their Views on Middle East Politics: The Current Situation and a Proposal for a New Approach
• JOEL PERLMANN, Two National Surveys of American Jews, 2000–01: A Comparison of the NJPS and AJIS Program: Economic Policy for the 21st Century

Explorations in Theory and Empirical Analysis

• GREG HANNSGEN, Are the Costs of the Business Cycle “Trivially Small”? Lucas’s Calculus of Hardship and Chooser-dependent, Non–Expected Utility Preferences
• CLAUDIO H. DOS SANTOS and GENNARO ZEZZA, A Simplified “Benchmark” Stock-flow Consistent (SFC) Post-Keynesian Growth Model

INSTITUTE NEWS

• New Board Member
• New Research Associates
• Event: Economists for Peace and Security Conference

PUBLICATIONS AND PRESENTATIONS

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