Archived Publication Types

A Collaborative Project of the United Nations Development Programme, Regional Bureau for Latin America and the Caribbean (RBLAC), and the Bureau for Development Policy (BDP), in Partnership with The Levy…more

Download Conference Proceedings, June 22–23, 2009 PDF (566.53 KB)

A Collaborative Project of the United Nations Development Programme, Regional Bureau for Latin America and the Caribbean (RBLAC), and the Bureau for Development Policy (BDP), in Partnership with The Levy…more

There is broad consensus that the prospects for the domestic economy have become dire, requiring extensive government intervention. In a new Strategic Analysis highlighted in the current issue of the…more

Download Volume 19, No. 2 PDF (255.38 KB)

The Federal Reserve’s response to the current financial crisis has been praised because it introduced a zero interest rate policy more rapidly than the Bank of Japan (during the Japanese…more

Download Public Policy Brief Highlights No. 100A, 2009 PDF (132.41 KB)

A conference organized by The Levy Economics Institute of Bard College with support from the Ford Foundation. On April 16 and 17, 2009, top policymakers, economists, and analysts gathered at…more

A conference organized by The Levy Economics Institute of Bard College with support from the Ford Foundation. On April 16 and 17, more than 150 policymakers, economists, and analysts from…more

Download Conference Proceedings, April 16–17, 2009 PDF (978.29 KB)

This issue of the Summary begins with a Strategic Analysis by the Levy Institute’s Macro-Modeling Team, along with a review of the latest Federal Reserve flow-of-funds data. The authors foresee…more

Download Volume 18, No. 2 PDF (250.89 KB)

In the current global financial crisis, economists and policymakers have reembraced Big Government as a means of preventing the reoccurrence of a debt-deflation depression. The danger, however, is that policy…more

Download Public Policy Brief Highlights No. 99A, 2009 PDF (144.84 KB)

The Federal Accounting Standards Advisory Board (FASAB) has proposed subjecting the entire federal budget to “intergenerational accounting”—which purports to calculate the debt burden our generation will leave for future generations—and…more

Download Public Policy Brief Highlights No. 98A, 2008 PDF (154.70 KB)

This issue of the Report opens with Senior Scholar L. Randall Wray’s new Public Policy Brief on money market capitalism (financialization), which has resulted in a series of boom-and-bust cycles…more

Download Volume 19, No. 1 PDF (613.61 KB)

“Change” was the buzzword of the Obama campaign, in response to a political agenda precipitated by financial turmoil and a global economic crisis. According to Research Associate Thomas Palley, the…more

Download Public Policy Brief Highlights No. 97A, 2009 PDF (309.68 KB)

Recent attempts by the Treasury and the Federal Reserve to counter the worst financial and economic crisis since the Great Depression have brought into question the role of the government…more

Download Volume 18, No. 1 PDF (668.80 KB)

In a new public policy brief, Senior Scholar L. Randall Wray shows how money manager capitalism—characterized by highly leveraged funds seeking maximum returns in an environment that systematically underprices risk—has…more

Download Public Policy Brief Highlights No. 96A, 2008 PDF (251.42 KB)

Recent experience has bolstered the view that asset prices must come under the central bank’s purview in order for the economy to retain some semblance of stability. However, in a…more

Download Volume 18, No. 4 PDF (490.82 KB)

This latest issue of the Summary includes an overview of the Institute’s annual Minsky conference, which focused on the current economic crisis in the United States, its effects on the…more

Download Volume 17, No. 3 PDF (2.80 MB)

Treasury Secretary Henry Paulson’s latest plan for tackling the housing-centered credit crisis involves giving the Federal Reserve vast new authority to regulate investment banks, not just depository institutions. However, news…more

Download Public Policy Brief Highlights No. 95A, 2008 PDF (119.27 KB)

This issue of the Report  highlights the Institute’s annual Minsky conference, which this year focused on credit, markets, and the real economy, and the fiscal policies needed to counter recession….more

Download Volume 18, No. 3 PDF (1.24 MB)

The focus of this year’s conference was the current economic and financial crisis in the United States and its effects on the world economy. Topics included the causes and consequences…more

In April 2008, top policymakers, economists, and analysts from government, industry, and academia gathered at the Levy Institute’s research and conference facility in Annandale-on-Hudson, New York, to present their insights…more

Download Conference Proceedings, April 17–18, 2008 PDF (960.01 KB)

According to Senior Scholar L. Randall Wray, the current crisis in financial markets can be traced back to securitization (the “originate and distribute” model), leverage, the demise of relationship-based banking,…more

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According to Senior Scholar L. Randall Wray, the current crisis in financial markets can be traced back to securitization (the “originate and distribute” model), leverage, the demise of relationship-based banking,…more

Download PDF (231.05 KB)

According to Senior Scholar L. Randall Wray, the current crisis in financial markets can be traced back to securitization (the “originate and distribute” model), leverage, the demise of relationship-based banking,…more

Download Public Policy Brief Highlights No. 94A, 2008 PDF (231.05 KB)

Throughout 2006–07, the Levy Institute continued to make significant contributions to the public policy discussions on many economic issues. In addition to organizing conferences, workshops, and lectures with distinguished representatives…more

Download Biennial Report, 2006–2007 PDF (1.64 MB)

In a new Public Policy Brief, Senior Scholar Jan Kregel reviews Hyman P. Minsky’s concept of financial fragility, and concludes that the current financial crisis is the result of insufficient…more

Download Volume 18, No. 2 PDF (215.89 KB)