Publications

8 publications found, searching for 'Stephanie A. Kelton '

• Research Project Report
  April 17, 2018

  Public Service Employment

  L. Randall Wray, Flavia Dantas, Scott Fullwiler, Pavlina R. Tcherneva, and Stephanie A. Kelton
  Abstract

  Despite reports of a healthy US labor market, millions of Americans remain unemployed and underemployed, or have simply given up looking for work. It is a problem that plagues our…more

  Download Research Project Report, April 2018 PDF (2.04 MB)
• Policy Note No. 2
  March 19, 2018

  Guaranteed Jobs through a Public Service Employment Program

  Stephanie A. Kelton, L. Randall Wray, Pavlina R. Tcherneva, Scott Fullwiler, and Flavia Dantas
  Abstract

  Amid a recent upsurge in support for a national job guarantee program, L. Randall Wray, Stephanie A. Kelton, Pavlina R. Tcherneva, Scott Fullwiler, and Flavia Dantas outline a new proposal…more

  Download Policy Note 2018/2 PDF (248.94 KB)
• Research Project Report
  February 06, 2018

  The Macroeconomic Effects of Student Debt Cancellation

  Stephanie A. Kelton, Scott Fullwiler, Catherine Ruetschlin, and Marshall Steinbaum
  Abstract

  Among the more ambitious policies that have been proposed to address the problem of escalating student loan debt are various forms of debt cancellation. In this report, Scott Fullwiler, Research…more

  Download Research Project Report, February 2018 PDF (1.59 MB)
• Public Policy Brief No. 106
  November 17, 2009

  Can Euroland Survive?

  Stephanie A. Kelton and L. Randall Wray
  Abstract

  Social unrest across Europe is growing as Euroland’s economy collapses faster than the United States’, the result of falling exports and a weaker fiscal response. The controversial title of this…more

  Download Public Policy Brief No. 106, 2009 PDF (1.07 MB)
• Public Policy Brief No. 78
  June 03, 2004

  The War on Poverty after 40 Years

  Stephanie A. Kelton and L. Randall Wray
  Abstract

  Twenty to 25 years ago, a debate was under way in academe and in the popular press over the War on Poverty. One group of scholars argued that the war,…more

  Download Public Policy Brief No. 78, 2004 PDF (345.93 KB)
• Working Paper No. 287
  November 01, 1999

  Functional Finance

  Stephanie A. Kelton
  Abstract

  The purpose of this paper is threefold. First, the theory of functional finance, as explicated by its originator, Abba Ptachya Lerner, is put forward; second, the reader is introduced to…more

  Download Working Paper No. 287 PDF (412.74 KB)
• Working Paper No. 244
  July 01, 1998

  Can Taxes and Bonds Finance Government Spending?

  Stephanie A. Kelton
  Abstract

  This paper investigates the commonly held belief that government spending is normally financed through a combination of taxes and bond sales. The argument is a technical one and requires a…more

  Download Working Paper No. 244 PDF (1.65 MB)
• Working Paper No. 231
  April 01, 1998

  The Hierarchy of Money

  Stephanie A. Kelton
  Abstract

  This paper attempts to bring together several of Hyman P. Minsky’s insights in order to suggest a relationship between the state’s ability to tax and the money of the economy….more

  Download Working Paper No. 231 PDF (60.16 KB)