Publications

204 publications found, searching for 'Fiscal Policy '

• Working Paper No. 602
  June 11, 2010

  Fiscal Responsibility: What Exactly Does It Mean?

  Jan Kregel
  Abstract

  The use of government fiscal stimulus to support the economy in the recent economic crisis has brought increases in government deficits and increased government debt. This has produced an interest…more

  Download Working Paper No. 602 PDF (152.16 KB)
• Strategic Analysis
  March 10, 2010

  Getting Out of the Recession?

  Gennaro Zezza
  Abstract

  Research Scholar Gennaro Zezza updates the Levy Institute’s previous Strategic Analysis (December 2009) and finds that the 2009 increase in public sector aggregate demand was a result of the fiscal…more

  Download Strategic Analysis, March 2010 PDF (577.07 KB)
• Working Paper No. 590
  March 10, 2010

  Determining Gender Equity in Fiscal Federalism: Analytical Issues and Empirical Evidence from India

  Lekha S. Chakraborty
  Abstract

  Despite the policy realm’s growing recognition of fiscal devolution in gender development, there have been relatively few attempts to translate gender commitments into fiscal commitments. This paper aims to engage…more

  Download Working Paper No. 590 PDF (186.41 KB)
• Strategic Analysis
  December 03, 2009

  Sustaining Recovery: Medium-term Prospects and Policies for the US Economy

  Dimitri B. Papadimitriou and Gennaro Zezza
  Abstract

  Though recent market activity and housing reports give some warrant for optimism, United States economic growth was only 2.8 percent in the third quarter, and the unemployment rate is still…more

  Download Strategic Analysis, December 2009 PDF (2.30 MB)
• Working Paper No. 581
  October 14, 2009

  Lessons from the New Deal

  Dimitri B. Papadimitriou
  Abstract

  Since the current recession began in December 2007, New Deal legislation and its effectiveness have been at the center of a lively debate in Washington. This paper emphasizes some key…more

  Download Working Paper No. 581 PDF (158.94 KB)
• Working Paper No. 580
  October 13, 2009

  An Alternative View of Finance, Saving, Deficits, and Liquidity

  L. Randall Wray
  Abstract

  This paper contrasts the orthodox approach with an alternative view on finance, saving, deficits, and liquidity. The conventional view on the cause of the current global financial crisis points first…more

  Download Working Paper No. 580 PDF (134.74 KB)
• Working Paper No. 569
  June 15, 2009

  Fiscal Policy and the Economics of Financial Balances

  Gennaro Zezza
  Abstract

  This paper presents the main features of the macroeconomic model being used at The Levy Economics Institute of Bard College, which has proven to be a useful tool in tracking…more

  Download Working Paper No. 569 PDF (224.03 KB)
• Working Paper No. 563
  May 13, 2009

  Whither New Consensus Macroeconomics?

  Giuseppe Fontana
  Abstract

  In the face of the dramatic economic events of recent months and the inability of academics and policymakers to prevent them, the New Consensus Macroeconomics (NCM) model has been the…more

  Download Working Paper No. 563 PDF (193.84 KB)
• Working Paper No. 562
  May 08, 2009

  The Current Economic and Financial Crisis

  Rania Antonopoulos
  Abstract

  Widespread economic recessions and protracted financial crises have been documented as setting back gender equality and other development goals in the past. In the midst of the current global crisis—often…more

  Download Working Paper No. 562 PDF (202.47 KB)
• Strategic Analysis
  December 24, 2008

  Prospects for the United States and the World: A Crisis That Conventional Remedies Cannot Resolve

  Wynne Godley, Dimitri B. Papadimitriou, and Gennaro Zezza
  Abstract

  The economic recovery plans currently under consideration by the United States and many other countries seem to be concentrated on the possibility of using expansionary fiscal and monetary policies alone….more

  Download Strategic Analysis, December 2008 PDF (656.93 KB)
• Strategic Analysis
  April 09, 2008

  Fiscal Stimulus—Is More Needed?

  Dimitri B. Papadimitriou and Gennaro Zezza
  Abstract

  As the government prepares to dispense the tax rebates that largely make up its recently approved $168 billion stimulus package, President Dimitri B. Papadimitriou and Research Scholars Greg Hannsgen and…more

  Download Strategic Analysis, April 2008 PDF (272.57 KB)
• Strategic Analysis
  November 30, 2007

  The US Economy: Is There a Way Out of the Woods?

  Wynne Godley, Dimitri B. Papadimitriou, and Gennaro Zezza
  Abstract

  In their latest Strategic Analysis, Distinguished Scholar Wynne Godley, President Dimitri B. Papadimitriou, and Research Scholars Greg Hannsgen and Gennaro Zezza review recent events in the housing and financial markets…more

  Download Strategic Analysis, November 2007 PDF (316.57 KB)