Publications

76 publications found, searching for 'Jan Kregel '

• Public Policy Brief No. 154
  February 01, 2021

  Another Bretton Woods Reform Moment

  Jan Kregel
  Abstract

  This policy brief explores a route to remaking the international financial system that would avoid the contradictions inherent in some of the prevailing reform proposals currently under discussion. Senior Scholar…more

  Download Public Policy Brief No. 154, 2021 PDF (247.14 KB)
• Working Paper No. 982
  January 24, 2021

  The Economic Problem: From Barter to Commodity Money to Electronic Money

  Jan Kregel
  Abstract

  The success of alternative payment systems has led to discussion of various proposals to replace money with a new technology-based system, though many lack a clear idea of what exactly…more

  Download Working Paper No. 982 PDF (273.69 KB)
• Policy Note No. 2021/1
  January 19, 2021

  Keynes’s Clearing Union Is Alive and Well and Living in Your Mobile Phone

  Jan Kregel
  Abstract

  While governments may consider implementation of John Maynard Keynes’s original clearing union proposal for the international financial architecture too difficult or radical, Senior Scholar Jan Kregel notes that the private…more

  Download Policy Note 2021/1 PDF (179.63 KB)
• Policy Note No. 6
  October 15, 2020

  Alternative Macro Policy Response for a Pandemic Recession

  Jan Kregel
  Abstract

  As COVID-19 infection and test positivity rates rise in the United States and federal stimulus plans expire, Senior Scholar Jan Kregel articulates an alternative approach to analyzing the economic problems…more

  Download Policy Note 2020/6 PDF (154.47 KB)
• Public Policy Brief No. 150
  June 03, 2020

  The Impact of Technological Innovations on Money and Financial Markets

  Jan Kregel and Paolo Savona
  Abstract

  According to Senior Scholar Jan Kregel and Paolo Savona, attempting to maintain the status quo in the face of the introduction of some recent technological innovations—chiefly cryptocurrencies and associated instruments…more

  Download Public Policy Brief No. 150, 2020 PDF (339.66 KB)
• Policy Note No. 2
  May 16, 2019

  Global Imbalances and the Trade War

  Jan Kregel
  Abstract

  Against the background of an ongoing trade dispute between the United States and China, Senior Scholar Jan Kregel analyzes the potential for achieving international adjustment without producing a negative impact…more

  Download Policy Note 2019/2 PDF (145.98 KB)
• Working Paper No. 928
  May 13, 2019

  Democratizing Money

  Jan Kregel
  Abstract

  In the Western interpretation of democracy, governments exist in order to manage relations of property, with absence of property ownership leading to exclusion from participation in governance and, in many…more

  Download Working Paper No. 928 PDF (400.83 KB)
• Public Policy Brief No. 147
  March 18, 2019

  Globalization, Nationalism, and Clearing Systems

  Jan Kregel
  Abstract

  As global market integration collides with growing demands for national political sovereignty, Senior Scholar Jan Kregel contrasts two diametrically opposed approaches to managing the tensions between international financial coordination and national…more

  Download Public Policy Brief No. 147, 2019 PDF (292.21 KB)
• Policy Note No. 5
  November 29, 2018

  Preventing the Last Crisis

  Jan Kregel
  Abstract

  Ten years after the fall of Lehman Brothers and the collapse of the US financial system, most commentaries remain overly focused on the proximate causes of the last crisis and…more

  Download Policy Note 2018/5 PDF (124.23 KB)
• Book Series
  March 01, 2018

  Classical Economics Today: Essays in Honor of Alessandro Roncaglia

  Jan Kregel
  Abstract

  Edited by Marcella Corsi, Sapienza University of Rome, Levy Institute Director of Research Jan Kregel, and Carlo D’Ippoliti, Sapienza University of Rome, this new collection of 16 essays is dedicated…more

• Public Policy Brief No. 144
  September 08, 2017

  A Two-Tier Eurozone or a Euro of Regions?

  Jan Kregel
  Abstract

  In light of the problems besetting the eurozone, this policy brief examines the contributions of John Maynard Keynes and Richard Kahn to early debates over the design of the postwar…more

  Download Public Policy Brief No. 144, 2017 PDF (165.35 KB)
• Policy Note No. 2
  July 07, 2017

  The Concert of Interests in the Age of Trump

  Jan Kregel
  Abstract

  If the Trump administration is to fulfill its campaign promises to this age’s “forgotten” men and women, Director of Research Jan Kregel argues, it should embrace the broader lesson of…more

  Download Policy Note 2017/2 PDF (190.65 KB)
• Working Paper No. 877
  November 15, 2016

  Financial Stability and Secure Currency in a Modern Context

  Jan Kregel
  Abstract

  Against the background of modern-day monetary proposals, ranging from a return to the gold standard to the wholesale abolition of currency, this paper seeks to draw implications from David Ricardo’s…more

  Download Working Paper No. 877 PDF (259.83 KB)
• Public Policy Brief No. 141
  March 25, 2016

  What We Could Have Learned from the New Deal in Confronting the Recent Global Recession

  Jan Kregel
  Abstract

  To the extent that policymakers have learned anything at all from the Great Depression and the policy responses of the 1930s, the lessons appear to have been the wrong ones….more

  Download Public Policy Brief No. 141, 2016 PDF (313.69 KB)
• Policy Note No. 1
  February 12, 2015

  Η Ευρώπη στο σταυροδρόμι

  Jan Kregel
  Abstract

  Με δεδομένη τη συνεχιζόμενη απόκλιση ανάμεσα στην πρόοδο στον τομέα της νομισματικής και της πολιτικής ολοκλήρωσης στη ζώνη του ευρώ, το ενδιαφέρον της Γερμανίας σχετικά με την επιβολή της λιτότητας…more

  Download Σημείωμα Πολιτικής 2015/1 PDF (571.29 KB)
• Policy Note No. 1
  February 12, 2015

  Europe at the Crossroads

  Jan Kregel
  Abstract

  Given the continuing divergence between progress in the monetary field and political integration in the euro area, the German interest in imposing austerity may be seen as representing an attempt…more

  Download Policy Note 2015/1 PDF (365.05 KB)
• One-Pager No. 48
  February 11, 2015

  Μπορεί η μεταρρύθμιση του διεθνούς χρηματοπιστωτικού συστήματος να στηρίξει τις αναδυόμενες οικονομίες;

  Jan Kregel
  Abstract

  Η πολιτική απάντηση του αναπτυγμένου κόσμου στην πρόσφατη χρηματοπιστωτική κρίση προκάλεσε την αντίδραση της κυβέρνησης της Βραζιλίας, η οποία έκανε λόγο για κίνδυνο νομισματικών πολέμων, και έφερε την Ινδία στο…more

  Download Μονοσέλιδο No.48 PDF (249.07 KB)
• One-Pager No. 48
  February 11, 2015

  Can Reform of the International Financial Architecture Support Emerging Markets?

  Jan Kregel
  Abstract

  The developed world’s policy response to the recent financial crisis has produced complaints from Brazil of “currency wars” and calls from India for increased policy coordination and cooperation. Chinese officials have echoed the…more

  Download One-Pager No. 48 PDF (82.70 KB)
• Public Policy Brief No. 139
  February 11, 2015

  Emerging Market Economies and the Reform of the International Financial Architecture

  Jan Kregel
  Abstract

  Emerging market economies are taking an ill-targeted and far too limited approach to addressing their ongoing problems with the international financial system, according to Senior Scholar Jan Kregel. In this…more

  Download Public Policy Brief No. 139, 2015 PDF (202.84 KB)
• Working Paper No. 833
  February 11, 2015

  Emerging Markets and the International Financial Architecture

  Jan Kregel
  Abstract

  If emerging markets are to achieve their objective of joining the ranks of industrialized, developed countries, they must use their economic and political influence to support radical change in the…more

  Download Working Paper No. 833 PDF (330.16 KB)
• Policy Note No. 6
  December 05, 2014

  Why Raising Rates May Speed the Recovery

  Jan Kregel
  Abstract

  Criticisms of the Federal Reserve’s “unconventional” monetary policy response to the Great Recession have been of two types. On the one hand, the tripling in the size of the Fed’s…more

  Download Policy Note 2014/6 PDF (165.48 KB)
• Policy Note No. 6
  December 05, 2014

  Γιατί η αύξηση των επιτοκίων μπορεί να επιταχύνει την ανάκαμψη

  Jan Kregel
  Abstract

  Υπάρχουν δύο ειδών επικρίσεις στην «αντισυμβατική» απάντηση της νομισματικής πολιτικής του Ομοσπονδιακού Αποθεματικού (Fed) των ΗΠΑ στην πρόσφατη χρηματοπιστωτική και οικονομική κρίση (Great Recession). Από τη μια μεριά υποστηρίζεται ότι…more

  Download Σημείωμα Πολιτικής 2014/6 PDF (379.21 KB)
• Policy Note No. 5
  November 17, 2014

  Liquidity Preference and the Entry and Exit to ZIRP and QE

  Jan Kregel
  Abstract

  The Fed’s zero interest policy rate (ZIRP) and quantitative easing (QE) policies failed to restore growth to the US economy as expected (i.e., increased investment spending à la John Maynard…more

  Download Policy Note 2014/5 PDF (184.57 KB)
• Policy Note No. 5
  November 17, 2014

  Θεωρία προτίμησης ρευστότητας, πολιτική μηδενικών επιτοκίων και ποσοτική χαλάρωση

  Jan Kregel
  Abstract

  Οι πολιτικές μηδενικών επιτοκίων και ποσοτικής χαλάρωσης του Ομοσπονδιακού Αποθεματικού των ΗΠΑ απέτυχαν να αποκαταστήσουν την ανάπτυξη στην αμερικανική οικονομία, όπως και αναμενόταν να συμβεί με βάση τη θεωρία (δηλαδή…more

  Download Σημείωμα Πολιτικής 2014/5 PDF (425.45 KB)