Archived Publication Types

This issue highlights a series of working papers under the Monetary Policy and Financial Structure program that analyze the current instability within the financial industry in the United States. In…more

Download Volume 17, No. 2 PDF (343.58 KB)

In this brief, Senior Scholar Jan Kregel reviews Hyman P. Minsky’s concept of financial fragility—in short, that the structure of a capitalist economy becomes more fragile over a period of…more

Download Public Policy Brief Highlights No. 93A, 2008 PDF ()

A new Strategic Analysis by the Levy Institute’s Macro-Modeling Team reviews the domestic economy and where things might be headed. It argues that a significant drop in borrowing is likely…more

Download Volume 18, No. 1 PDF (139.10 KB)

In their latest Strategic Analysis, Distinguished Scholar Wynne Godley, Research Scholars Greg Hannsgen and Gennaro Zezza, and President Dimitri B. Papadimitriou forecast a significant drop in borrowing and private expenditure…more

Download Volume 17, No. 1 PDF (226.95 KB)

It is now clear that most economists underestimated the widening economic impact of the credit crunch that has shaken American financial markets since at least mid-July. A credit crunch is…more

Download Public Policy Brief Highlights No. 92A, 2007 PDF (160.12 KB)

The optimistic view of the subprime mortgage sector is that it makes the availability of credit for home purchases more egalitarian, extending it to those otherwise regarded as a high…more

Download Volume 17, No. 4 PDF (684.09 KB)

The failure of the Doha Development Round of World Trade Organization (WTO) negotiations in July 2006 was the first major collapse of a multilateral trade round since World War II….more

Download Public Policy Brief Highlights No. 91A, 2007 PDF (160.22 KB)

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…more

Download Volume 16, No. 3 PDF (406.35 KB)

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…more

Download Volume 17, No. 3 PDF (388.14 KB)

With economic growth having cooled to less than 1 percent in the first quarter of 2007, the economy can ill afford a slump in consumption by the American household. But…more

Download Public Policy Brief Highlights No. 90A, 2007 PDF (324.52 KB)

In this issue: a new Policy Note recommends reforming the Alternative Minimum Tax while retaining some tax cuts in order to reduce the growing tax burden on middle-class families. A…more

Download Volume 16, No. 2 PDF (636.24 KB)

The 2007 Hyman P. Minsky Conference drew upon public discussions on the state of the United States and world economies in the context of prevailing economic trends and their implications….more

The 2007 Hyman P. Minsky Conference focused on monetary and fiscal policies for continued growth and employment; currency markets fluctuations and the consequent exchange-rate misalignments, as well as possible cures;…more

Download Conference Proceedings, April 19–20, 2007 PDF (3.89 MB)

Who’s really at the top of the economic ladder? A new Levy Institute Measure of Economic Well-Being report by Senior Scholars Edward N. Wolff and Ajit Zacharias examines how comparisons…more

Download Volume 17, No. 2 PDF (637.07 KB)

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…more

Download Volume 17, No. 1 PDF (993.66 KB)

According to Research Associate Thomas I. Palley, global outsourcing represents a new economic challenge that calls for a new set of institutions. Palley expands upon the problems of offshore outsourcing…more

Download Public Policy Brief Highlights No. 89A, 2007 PDF (290.64 KB)

The Winter Summary provides an overview of the Institute’s October conference on employment guarantee policies, which focused on government policy initiatives that can create a safety net through public service…more

Download Volume 16, No. 1 PDF (530.90 KB)

Over the past decade, deficit spending by consumers has supported the United States economy. Research Associate Robert Parenteau analyzes the financial balance of American households and finds that the pace…more

Download Public Policy Brief Highlights No. 88A, 2006 PDF (334.71 KB)

Unemployment in the European Union (EU) is a serious problem that threatens to disrupt the integration of accession countries, the character of individual countries, and the continued existence of the…more

Download Public Policy Brief Highlights No. 87A, 2006 PDF (373.74 KB)

Most people are not accustomed to thinking of taxation as a gender issue. But research presented at the recent Levy Institute conference on gender equality, tax policies, and tax reform,…more

Download Volume 16, No. 4 PDF (495.78 KB)

The focus of this conference is on government policy initiatives that can create a safety net through public service employment for individuals who are ready, willing, and able to work…more

Download Conference Proceedings Friday, October 13–14, 2006 PDF (253.70 KB)

The Levy Institute draws inspiration and guidance not only from its founders and scholars but from a world facing many new and daunting challenges. Our efforts to redefine economics and…more

Download Biennial Report, 2004–2005 PDF (1.81 MB)

This conference focused on those government policy initiatives that can create a safety net through public service employment for individuals who are ready, willing, and able to work but who…more

The theory of comparative advantage says that there are gains from trade for the global economy as a whole. In this second brief of a three-part study of the international…more

Download Public Policy Brief Highlights No. 86A, 2006 PDF (353.41 KB)