Publications

1703 publications found

• Working Paper No. 162
  May 01, 1996

  Capital Account Regulations and Macroeconomic Policy

  Carlos Budnevich and Guillermo Le Fort
  Abstract

  A resurgence of perceived opportunities by international investors has resulted in a new policy debate regarding the regulation of capital flows into certain South American countries. The integrationist camp defends…more

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• Book Series
  May 01, 1996

  Money in Motion

  Ghislain Deleplace and Edward J. Nell
  Abstract

  In its analysis of money, contemporary economics has focused on money’s function as a store of value, neglecting its role as a medium of circulation. When circulation is put center…more

• Working Paper No. 161
  May 01, 1996

  Globalization, Capital Flows, and International Regulation

  Andrew Cornford and Jan Kregel
  Abstract

  In the postwar period prior to 1990 policy proposals aimed at reducing the instabilities associated with increased capital flows focused on increasing market efficiencies so that nominal variables would reflect…more

  Download Working Paper No. 161 PDF (3.57 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. 156
  April 01, 1996

  Understanding the 1994 Election

  Oren Levin-Waldman
  Abstract

  The change in the composition of Congress resulting from the 1994 election was viewed by some Republicans as a “triumph of conservatism over the perceived abuses of liberalism.” In this…more

  Download Working Paper No. 156 PDF (2.95 MB)
• Working Paper No. 155
  April 01, 1996

  Uncertainty and the Institutional Structure of Capitalist Economies

  Hyman P. Minsky
  Abstract

  In this new working paper, Distinguished Scholar Hyman P. Minsky points out that capitalism in the United States is an evolving construct that recently entered a new stage: “money manager”…more

  Download Working Paper No. 155 PDF (56.29 KB)
• Public Policy Brief No. 24
  February 04, 1996

  Revisiting Bretton Woods

  Raymond F. Mikesell
  Abstract

  Raymond F. Mikesell outlines the activities of the International Monetary Fund (IMF) and the World Bank over the course of their history and evaluates the organizations’ success in meeting their…more

  Download Public Policy Brief No. 24, 1996 PDF (169.77 KB)
• Working Paper No. 154
  January 01, 1996

  Unemployment, Inflation, and the Job Structure

  James K. Galbraith
  Abstract

  In this working paper, James K. Galbraith rejects the analytical construct within which many economists currently operate—that is, the construct in which, in the extreme, macroeconomic behavior is identical to…more

  Download Working Paper No. 154 PDF (2.48 MB)
• Working Paper No. 152
  December 01, 1995

  Reforming Unemployment Insurance

  Oren Levin-Waldman
  Abstract

  In this working paper Resident Research Associate Oren M. Levin-Waldman builds on earlier work (see Working Paper No. 140) to argue that the unemployment insurance (UI) system is in need…more

  Download Working Paper No. 152 PDF (3.74 MB)
• Book Series
  December 01, 1995

  Income and Employment in Theory and Practice

  Geoffrey Harcourt, Alessandro Roncaglia, and Robin Rowley
  Abstract

  The essays in this volume were written by colleagues and friends of the late Athanasios (Tom) Asimakopulos. They relate to those areas to which he contributed so much in his…more

• Working Paper No. 151
  December 01, 1995

  The Working Poor and Welfare Recipiency

  Marlene Kim and Thanos Mergoupis
  Abstract

  Many participants in the current welfare debate assume that welfare recipients are taking unfair advantage of government programs by avoiding work. However, a growing body of research indicates that this…more

  Download Working Paper No. 151 PDF (2.30 MB)
• Working Paper No. 150
  December 01, 1995

  Proposals for Changing the Functions of the International Monetary Fund (IMF)

  Raymond F. Mikesell
  Abstract

  The 50th anniversary of the signing of the Articles of Agreement of the International Monetary Fund (IMF) and the World Bank was celebrated at meetings in Washington, DC: at Bretton…more

  Download Working Paper No. 150 PDF (3.54 MB)
• Working Paper No. 149
  December 01, 1995

  Biennial Budgeting for the Federal Government

  Charles J. Whalen
  Abstract

  A two-year budget and appropriations cycle at the federal level has been endorsed by Republicans and Democrats during the past 20 years. The first congressional proposal for a federal biennial…more

  Download Working Paper No. 149 PDF (2.23 MB)
• Working Paper No. 153
  December 01, 1995

  Technology and the Demand for Skills

  Edward N. Wolff
  Abstract

  In this working paper Research Associate Edward N. Wolff documents changes during the period 1950–90 in aggregate skill levels of the workplace. Wolff investigates skill trends at the sectoral level,…more

  Download Working Paper No. 153 PDF (2.63 MB)
• Working Paper No. 148
  November 01, 1995

  Does an Independent Central Bank Violate Democracy?

  Joel Perlmann and Roger Waldinger
  Abstract

  The question of central bank independence is one of degree. A completely independent central bank is impossible as long as a country has provisions for altering central bank powers, even…more

  Download Working Paper No. 148 PDF (2.28 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)
• Public Policy Brief No. 23
  September 20, 1995

  A Critical Imbalance in US Trade

  Wynne Godley
  Abstract

  According to Wynne Godley, the significance of the deficit in the United States’ balance of payments has been underestimated in both public policy and academic discussions, despite the fact that…more

  Download Public Policy Brief No. 23, 1995 PDF (2.24 MB)
• Public Policy Brief No. 22
  September 19, 1995

  Closing the R&D Gap

  Thomas Karier
  Abstract

  Both spending and tax policies have been implemented in the United States with the goal of stimulating private sector research and development (R&D). Thomas Karier questions whether current R&D policy,…more

  Download Public Policy Brief No. 22, 1995 PDF (8.92 MB)
• Working Paper No. 146
  September 01, 1995

  The Stock Market and the Corporate Sector

  Anwar M. Shaikh
  Abstract

  No further information available.

  Download Working Paper No. 146 PDF (1.22 MB)
• Working Paper No. 145
  August 01, 1995

  Financial Derivatives

  Willem Thorbecke
  Abstract

  No further information available.

  Download Working Paper No. 145 PDF (1.56 MB)
• Working Paper No. 144
  July 01, 1995

  The Distributional Effects of Disinflationary Monetary Policy

  Willem Thorbecke
  Abstract

  No further information available.

• Working Paper No. 143
  June 01, 1995

  The Productivity Effects of Human Resource Management Practices

  Takao Kato and Motohiro Morishima
  Abstract

  No further information available.

  Download Working Paper No. 143 PDF (2.77 MB)
• Public Policy Brief No. 21
  May 09, 1995

  The Consolidated Assistance Program

  Oren Levin-Waldman
  Abstract

  In this brief, Oren M. Levin-Waldman examines the structure of existing welfare programs and concludes that the current array of benefits could be synchronized and consolidated to create a new…more

  Download Public Policy Brief No. 21, 1995 PDF (8.73 MB)
• Working Paper No. 142
  May 01, 1995

  Industrial Change and Social Mobility

  David Ladipo
  Abstract

  No further information available.