Archived Publication Types

This brief provides a detailed description of the Stability and Growth Pact, an agreement entered into by the member states of the European Union that has far-reaching implications for the…more

Download Public Policy Brief Highlights No. 63A, 2001 PDF (77.72 KB)

In this issue’s editorial, Senior Scholar James K. Galbraith predicts that the recent rise in wage inequality will lead to an economic slowdown in the United States. Contents: Editorial: "Inequality…more

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A special project report by Senior Scholar Joel Perlmann outlines research he has been conducting on immigration, ethnic assimilation, and social mobility in America. Summaries of the sessions held at…more

Download Volume 10, No. 1 PDF (389.54 KB)

In a new Strategic Analysis, Distinguished Scholar Wynne Godley and Research Scholar Alex Izurieta provide an explanation for the recent economic slowdown in the United States, examine policy options, and…more

Download Volume 10, No. 4 PDF (45.29 KB)

Summaries of the speeches and sessions at the 11th Annual Hyman P. Minsky Conference on Financial Structure include the remarks of Thomas Hoenig, president of the Federal Reserve Bank in…more

Download Volume 10, No. 3 PDF (321.24 KB)

A special feature by Senior Scholar Edward N. Wolff focuses on the inequality in the distribution of income and wealth—and what can be done about it.   Contents: The Rich…more

Download Volume 10, No. 2 PDF (159.26 KB)

Despite seven years of economic growth a large gap exists in the wages earned by workers at the top of the earnings scale and those at the bottom. The leading…more

Download Public Policy Brief Highlights No. 62A, 2000 PDF (74.65 KB)

The Federal Reserve has raised interest rates six times over the past 12 months in an effort to slow economic growth, arguing that the economy is overheated and that the…more

Download Volume 10, No. 4 PDF (403.90 KB)

The idea that saving is the force driving private investment and economic growth has become ever more entrenched in mainstream economic thought as well as in the minds of policymakers…more

Download Public Policy Brief Highlights No. 61A, 2000 PDF (93.83 KB)

Undertaken in conjunction with the University of Texas Inequality Project and supported by the Ford Foundation, this conference afforded participants an opportunity to exchange new ideas and research results on…more

Download Conference Proceedings, October 28–29, 2000 PDF (391.18 KB)

As part of its research program into the causes of, and solutions to, income inequality, the Levy Institute held a conference in June 2000 on the distribution of wealth. Participants’…more

Download Volume 10, No. 3 PDF (396.65 KB)

Coordinated by Senior Scholar Edward N. Wolff of the Levy Institute and New York University, this conference examined wealth trends, and extremes, in the United States in the 1990s. The…more

Download Conference Proceedings, June 7–9, 2000 PDF (396.65 KB)

The Federal Reserve currently has two legislated goals—price stability and full employment—but a debate continues about making price stability the Fed’s primary and overriding goal. Evidence from the recent history…more

Download Public Policy Brief Highlights No. 60A, 2000 PDF (125.58 KB)

Proponents of globalization have expressed frustration with the reluctance of some members of Congress to support it. At the Levy Institute’s annual Minsky conference in April, summarized in this issue,…more

Download Volume 10, No. 2 PDF (509.50 KB)

Minsky’s research, writing, and speeches focused on the causes and consequences of the financial vulnerabilities inherent in advanced and complex capitalist economies and on the policy implications emanating from this…more

Download Conference Proceedings, April 27–28 2000 PDF (486.91 KB)

Senior Scholar James K. Galbraith discusses what is perhaps the most important economic question facing the United States today: Are President Clinton’s fiscal policies sustainable, or are changes needed to…more

Download Volume 10, No. 1 PDF (271.58 KB)

The nation is not prepared to deal with the jump in expenditures for long-term care that will come with the aging of the baby-boom generation. Only a small part of…more

Download Public Policy Brief Highlights No. 59A, 2000 PDF (53.91 KB)

New Policy Notes summarized in this issue argue that the interest policy pursued by the Federal Reserve is theoretically and empirically unjustifiable (L. Randall Wray, “Why Does the Fed Want…more

Download Volume 9, No. 4 PDF (158.59 KB)

Summaries of the sessions held at the 10th Annual Hyman P. Minsky Conference on Financial Structure examine the problems and prospects of the liberalization of financial markets.   Contents: Tenth…more

Download Volume 9, No. 3 PDF (317.60 KB)

The Spring Summary leads off with Senior Scholar Edward N. Wolff’s report on his new research project: an in-depth empirical examination of the long-term effects of technological change on earnings,…more

Download Volume 9, No. 2 PDF (286.60 KB)

A special feature by Distinguished Scholar Wynne Godley focuses on the relationship between inventory investment and the American business cycle. Also in this issue: a new working paper by Federal…more

Download Volume 9, No. 1 PDF (257.63 KB)

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If the United States’s balance of trade does not improve, the country could eventually find itself in a “debt trap,” the author says. The aim of this paper, the second…more

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The current system of tax-exempt bond financing is inefficient and inequitable because a large portion of the federal subsidy provided by the tax exemption does not reach state and local…more

Download Public Policy Brief Highlights No. 58A, 1999 PDF (56.50 KB)