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13 publications found, searching for 'Anwar M. Shaikh '
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Strategic AnalysisMarch 01, 2005
How Fragile Is the US Economy?
AbstractAs we projected in a previous Strategic Analysis, the United States’ economy experienced growth rates higher than 4 percent in 2004. The question we want to raise in this Strategic…more
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Working Paper No. 415November 19, 2004
Measuring Capacity Utilization in OECD Countries
AbstractThis paper derives measures of potential output and capacity utilization for a number of OECD countries, using a method based on the cointegration relation between output and the capital stock….more
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Strategic AnalysisApril 01, 2004
Is Deficit-financed Growth Limited?
AbstractWynne Godley, our Levy Institute colleague, has warned since 1999 that the falling personal saving and rising borrowing trends that had powered the US economic expansion were not sustainable. He…more
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Strategic AnalysisOctober 01, 2003
Deficits, Debts, and Growth
AbstractThese are fast-moving times. Two years ago, the Congressional Budget Office (CBO, 2001) projected a federal budget surplus of $172 billion for fiscal year 2003. Within a year, the projected…more
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Policy Note No. 6September 03, 2003
Is International Growth the Way Out of US Current Account Deficits?
AbstractThe current account deficit of the United States has been growing steadily as a share of GDP for more than a decade. It is now at an all-time high, over…more
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Working Paper No. 387September 01, 2003
Measures of the Real GDP of US Trading Partners
AbstractThis paper provides the details of the construction of new quarterly measures of the real GDPs of the 36 trading partners that are taken into consideration by the Federal Reserve…more
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Strategic AnalysisNovember 01, 2002
Is Personal Debt Sustainable?
AbstractThe long economic expansion was fueled by an unprecedented rise in private expenditure relative to income, financed by a growing flow of net credit to the private. On the surface,…more
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Policy Note No. 1January 01, 2000
Explaining the US Trade Deficit
AbstractConventional theory makes the curious assumption that, in international trade, movements in the real exchange rate negate cost differences so as to make all countries equally competitive. But quite the…more
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Working Paper No. 265March 01, 1999
Real Exchange Rates and the International Mobility of Capital
AbstractThis paper demonstrates that the terms of trade are determined by the equalization of profit rates across international regulating capitals, for socially determined national real wages. This provides a classical/Marxian…more
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Working Paper No. 250September 01, 1998
Explaining Long-Term Exchange Rate Behavior in the United States and Japan
AbstractConventional exchange rate models are based on the fundamental hypothesis that, in the long run, real exchange rates will move in such a way as to make countries equally competitive….more
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Working Paper No. 236May 01, 1998
An Important Inconsistency at the Heart of the Standard Macroeconomic Model
AbstractThe standard neoclassical model is the foundation of most mainstream macroeconomics. Its basic structure dominates the analyis of macroeconomic phenomena, the teaching of the subject, and even the formation of…more
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Working Paper No. 146September 01, 1995
The Stock Market and the Corporate Sector
AbstractNo further information available.
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Working Paper No. 19March 10, 1989
A Dynamic Approach to the Theory of Effective Demand
AbstractThis paper attempts to resituate the theory of effective demand within a dynamic nonequilibrium context. Existing theories of effective demand, which derive from the works of Keynes and Kalecki, are…more
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