Archived Publication Types

Central bankers and many economists have abandoned “activist” policies and monetarism and adopted in their place a new view of the role of monetary policy. This view draws on many…more

Download Public Policy Brief Highlights No. 71A, 2003 PDF (114.37 KB)

The latest Strategic Analysis by the Institute’s Macro-Modeling Team shows that the growth rate of private sector debt is unsustainable. The domestic economy is headed for a period of growth…more

Download Volume 12, No. 2 PDF (156.84 KB)

In this issue: Senior Scholar James K. Galbraith, in a new Policy Note, argues that conditions attached to an International Monetary Fund loan to Brazil are a form of blackmail…more

Download Volume 12, No. 1 PDF (121.14 KB)

A new Policy Note summarized under the Financial Markets and Monetary Policy program outlines Germany’s poor economic record since unification. Author J�rg Bibow warns that the "German disease" (protracted policy-inflicted…more

Download Volume 12, No. 4 PDF (467.60 KB)

In a new Strategic Analysis, Distinguished Scholar Wynne Godley argues that personal debt levels in the United States cannot continue and that the country’s balance of payments deficit has largely…more

Download Volume 12, No. 3 PDF (532.74 KB)

An overview of the Institute’s recent conference “Economic Mobility in America and Other Advanced Countries” leads off this issue of the Report. The conference encompassed sessions on a range of…more

Download Volume 12, No. 4 PDF (943.69 KB)

This brief considers the interaction between physician incentive systems and product market competition in the delivery of medical services via managed care organizations. At the center of the analysis is…more

Download Public Policy Brief Highlights No. 70A, 2002 PDF (96.21 KB)

In this brief, Biagio Bossone of the International Monetary Fund evaluates narrow banking from the perspective of modern theories of financial intermediation. These theories portray the status quo banking system…more

Download Public Policy Brief Highlights No. 69A, 2002 PDF (110.78 KB)

Newly released Congressional Budget Office figures show that the government’s fiscal stance in 2000 was tighter than at any time in the previous 40 years, with imbalances financed in recent…more

Download Volume 12, No. 3 PDF (28.23 MB)

At issue in the debate over the renewal of the Community Reinvestment Act (CRA) of 1977 are the various yardsticks regulators use to judge whether individual institutions are meeting the…more

Download Public Policy Brief Highlights No. 68A, 2002 PDF (59.81 KB)

Included in this issue of the Report are summaries of the presentations made at the Institute’s Annual Hyman P. Minsky Conference; this year’s topic: "Recession and Recovery: Economic Policy in…more

Download Volume 12, No. 2 PDF (315.25 KB)

At the 12th annual Minsky conference, held at the Roosevelt Hotel in New York City on April 25, 2002, 100 participants from government, business, and the academy gathered to discuss…more

Download Conference Proceedings, April 25, 2002 PDF (315.25 KB)

The 1990s expansion was powered uniquely and exceptionally by a huge fall in net saving by the private sector. In a new Policy Note summarized in this issue, Distinguished Scholar…more

Download Volume 12, No. 1 PDF (234.32 KB)

New Working Papers summarized in this issue include an examination of racial and ethnic differentiation in gender inequality, a proposal for a poverty measure that considers household wealth together with…more

Download Volume 11, No. 4 PDF (206.87 KB)

This double issue begins with an account of an international symposium on gender-aware macroeconomics, held at the Levy Institute in May, and includes an overview of the Institute’s 12th Annual…more

Download Volume 11, No. 2–3 PDF (1.10 MB)

This Summary begins with Senior Scholar James K. Galbraith’s analysis of a very topical issue—the war economy.   Contents: New issue of Strategic Analysis (Wynne Godley and Alex Izurieta) ·…more

Download Volume 11, No. 1 PDF (175.77 KB)

The United States is in the early stages of a recession that could be as deep and intractable as any since the Second World War, with serious consequences for the…more

Download Volume 11, No. 4 PDF (112.61 KB)

Although the costs associated with moving an antiquated socialist economy toward its capitalist counterpart was anticipated to be significant, German industrial efficiency was expected to quickly overcome any challenges. Things…more

Download Public Policy Brief Highlights No. 67A, 2001 PDF (104.92 KB)

Despite decades of policies aimed at improving the economic position of African Americans in terms of relative income and earnings, they remain substantially behind whites. The research presented in this…more

Download Public Policy Brief Highlights No. 66A, 2001 PDF (81.50 KB)

In remarks delivered at the Levy Institute’s recent conference on educational policy, summarized in this issue, Bard College President Leon Botstein stated that schools will never function well if the…more

Download Volume 11, No. 3 PDF (371.76 KB)

This brief assesses the experiences of Europe’s policy regime in the two years since the introduction of the euro in 1999, particularly the performance of the European Central Bank (ECB),…more

Download Public Policy Brief Highlights No. 65A, 2001 PDF (63.90 KB)

Proposals for campaign finance reform are essentially based on the belief that political influence can be bought with financial donations to a candidate’s campaign. But do contributions really influence the…more

Download Public Policy Brief Highlights No. 64A, 2001 PDF (18.48 KB)

At the Annual Hyman P. Minsky Conference, summarized in this issue, participants discussed changes in the financial structure and their impact on the financial market and on policy, the current…more

Download Volume 11, No. 2 PDF (187.75 KB)

The 11th annual Minsky conference, held April 26–27, 2001, at the Levy Institute’s research and conference center on the campus of Bard College in Annandale-on-Hudson, New York, centered on the…more

Download Conference Proceedings, April 26–27, 2001 PDF (1.75 MB)