Publications

12 publications found, searching for 'Steven M. Fazzari '

• Working Paper No. 752
  February 07, 2013

  Η ανισότητα και η χρηματοοικονομική συμπεριφορά των νοικοκυριών στην «εποχή των καταναλωτών»

  Steven M. Fazzari and Barry Z. Cynamon
  Abstract

  Θα μπορούσε να περιμένει κανείς ότι η διόγκωση της εισοδηματικής ανισότητας στις ΗΠΑ θα μείωνε την αύξηση της ζήτησης και θα δημιουργούσε τροχοπέδη στην οικονομική ανάπτυξη της χώρας λόγω του…more

  Download Επιστημονική εργασία υπό εξέλιξη (Working Paper) No. 752 PDF (848.96 KB)
• Working Paper No. 752
  February 07, 2013

  Inequality and Household Finance during the Consumer Age

  Steven M. Fazzari and Barry Z. Cynamon
  Abstract

  One might expect that rising US income inequality would reduce demand growth and create a drag on the economy because higher-income groups spend a smaller share of income. But during…more

  Download Working Paper No. 752 PDF (460.06 KB)
• Working Paper No. 278
  August 01, 1999

  Minsky and the Mainstream

  Steven M. Fazzari
  Abstract

  Hyman Minsky’s research emphasized the central role of finance in modern economics at a time when finance was not important in most mainstream macroeconomic research. But in the 1980s, mainstream…more

  Download Working Paper No. 278 PDF (35.51 KB)
• Policy Note No. 7
  July 01, 1999

  Capital Income Taxes and Economic Performance

  Steven M. Fazzari
  Abstract

  Tax reform that reduces tax rates on capital income, no matter how successful it is in reducing the user cost of capital, will have at best minimal effects on capital…more

  Download Policy Note 1999/7 PDF (80.22 KB)
• Working Paper No. 175
  November 01, 1996

  What Do Micro Data Reveal about the User Cost Elasticity?

  Robert S. Chirinko, Steven M. Fazzari, and Andrew P. Meyer
  Abstract

  The responsiveness of business investment to user costs (interest rates, taxes, and depreciation rates) is important in determining the effect of fiscal policy and aggregate stabilization policy on the economy…more

  Download Working Paper No. 175 PDF (3.70 MB)
• Public Policy Brief No. 25
  April 05, 1996

  Capital Gains Taxes and Economic Growth

  Steven M. Fazzari
  Abstract

  This brief assesses the effect of a capital gains tax cut on firms’ decisions to undertake new investment projects and the possible effect of such projects on economic growth and…more

  Download Public Policy Brief No. 25, 1996 PDF (8.99 MB)
• Working Paper No. 147
  October 01, 1995

  Capital Gains Tax Cuts, Investment, and Growth

  Steven M. Fazzari and Benjamin Herzon
  Abstract

  No further information available.

  Download Working Paper No. 147 PDF (2.94 MB)
• Working Paper No. 134
  January 01, 1995

  Aggregate Demand and Micro Behavior

  Steven M. Fazzari, Piero Ferri, and Edward Greenberg
  Abstract

  No further information available.

• Public Policy Brief No. 9
  October 09, 1993

  The Investment-Finance Link

  Steven M. Fazzari
  Abstract

  The author of this brief offers evidence that policies aimed at stimulating private sector investment through interest rate reductions are, at best, misguided. He concludes that, while there may be…more

  Download Public Policy Brief No. 9, 1993 PDF (3.89 MB)
• Working Paper No. 98
  September 01, 1993

  Investment and US Fiscal Policy in the 1990s

  Steven M. Fazzari
  Abstract

  In this working paper, Steven Fazzari presents new empirical research that attempts to measure the relative strength of fiscal policy on investment through the cost of capital, firms’ financial circumstances,…more

  Download Working Paper No. 98 PDF (3.13 MB)
• Book Series
  November 01, 1992

  Financial Conditions and Macroeconomic Performance

  Steven M. Fazzari and Dimitri B. Papadimitriou
  Abstract

  This collection of papers on financial instability and its impact on macroeconomic performance honors Hyman P. Minsky and his lifelong work. The papers consider the clear and disturbing sequence of…more

• Working Paper No. 52
  April 10, 1991

  Debt, Price Flexibility, and Aggregate Stability

  John Caskey and Steven M. Fazzari
  Abstract

  In conventional macroeconomic thought, price flexibility stabilizes thc economy. The more quickly prices fall (or inflation decreases) in a demand-induced recession, the faster output returns to its full-employment level. An…more

  Download Working Paper No. 52 PDF (1.82 MB)