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Working Paper No. 10Long-Term Trends in Profitability
October 02, 1988 It is accepted doctrine among economists that the rate of profit in the United States has declined since the mid-1960s. What is less a matter of agreement is whether this...more Publication -
Working Paper No. 9
Consumer Benefit from Air Quality Improvements
October 02, 1988 This paper applies a simultaneous equations estimation technique to estimate a hedonic equilibrium model. The estimation results are used to compute consumer benefit from air quality improvements. Publication -
Working Paper No. 8
The Effects of Alternative Sharing Arrangements on Employment
September 10, 1988 A sample of British firms with diverse sharing arrangements is used to investigate the effects of profit sharing on employment levels. Employment effects are sometimes significant but depend upon the...more Publication -
Working Paper No. 7
Why Is the Rate of Profit Still Falling?
September 09, 1988 This paper elaborates a fixed-coefficient, capital, labor, non-raw material intermediates, raw materials production model; estimates the wage share-profit rate frontier associated with it for U.S. manufacturing from 1949 to 1986;...more Publication -
Working Paper No. 6
A Structural Approach to Hedonic Equilibrium Models
August 10, 1988 This paper presents a quality theory for differentiated products. Analytical solutions for the equilibrium demand for quality and the equilibrium price equation are computed. The model is estimated and the...more Publication -
Working Paper No. 5
The Finance Constraint Theory of Money
August 09, 1988 The theory of money that emerged from the Keynesian Revolution is coming increasingly into question, and a variety of new theories are being put forward as alternatives. The most promising...more Publication -
Working Paper No. 4
Housing Quality Differentials in Urban Areas
July 10, 1988 This paper applies an equilibrium quality theory for differentiated products to estimate the willingness to pay for improvements in the air quality of Chicago, Cleveland, Dallas, Houston, and Indianapolis. The...more Publication -
Working Paper No. 3
Competing Micro Economic Theories of Industrial Profits
March 10, 1988 Contrary to the impression given by most textbooks, microeconomics is not a homogeneous discipline. At least two major alternative theories exist which account for the long-run behavior of industrial prices...more Publication -
Working Paper No. 2
The Firm and Its Profits
March 09, 1988 What sets the firm apart from other producers is the commercial nature of its operations. The firm produces for the market and only for the market. It produces goods and...more Publication -
Working Paper No. 1
Macroeconomic Profitability
November 10, 1987 This paper gives an account of recent work on the measurement, statistical analysis, and theoretical analysis of macroeconomic profitability. Measurement issues include the treatment of holding gains on physical assets...more Publication -
EventFree to Choose? The Gendered Impacts of Flexible Working Hours in Brazil
Join us for our sixth session with Lygia Sabbag Fares, Economics Professor at John Jay College (City University of New York - CUNY), on Monday, April 29, from 5pm to 6pm in the Levy Conference Room, or on Zoom. Event -
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17th Annual Hyman P. Minsky Conference: Credit, Markets, and the Real Economy Is the Financial System Working?
Levy Economics Institute of Bard College Annandale-on-Hudson, New York April 17–18, 2008 The focus of this year’s conference was the current economic and financial crisis in the United States and...more Event -
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20th Annual Hyman P. Minsky Conference: Financial Reform and the Real Economy
A conference organized by the Levy Economics Institute of Bard College with support from the Ford Foundation Ford Foundation New York City April 13–15, 2011 The 20th Annual Minsky Conference...more Event -
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The Hyman P. Minsky Summer Seminar
Organized by the Levy Economics Institute of Bard College with support from the Ford Foundation Levy Institute Blithewood Annandale-on-Hudson, New York June 14–22, 2013 The Levy Economics Institute of Bard...more Event -
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The Hyman P. Minsky Summer Seminar
Organized by the Levy Economics Institute of Bard College with support from the Ford Foundation Levy Institute Blithewood Annandale-on-Hudson, New York June 13–21, 2014 The fifth annual Minsky Summer Seminar...more Event -
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24th Annual Hyman P. Minsky Conference
Organized by the Levy Economics Institute of Bard College with support from the Ford Foundation The National Press Club Washington, D.C. April 15–16, 2015 The 2015 Minsky Conference addressed,...more Event -
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Re-embracing Keynes: Scholars, Admirers, and Skeptics in the Aftermath of the Crisis
Presented by the Bard College Economics Department and Economics Club, and the Levy Economics Institute Weis Cinema, Bard College October 6, 2015, 4:45 p.m. Cristina Marcuzzo is a full professor...more Event -
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27th Annual Hyman P. Minsky Conference
A conference organized by the Levy Economics Institute of Bard College Levy Economics Institute of Bard College Blithewood Annandale-on-Hudson, New York 12504 April 17–18, 2018 As the annual growth rate...more Event -
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The Legacy of Wynne Godley
He has been considered “the most insightful macroeconomic forecaster of his generation,” gaining this reputation through his research on the British economy during his time as head of Cambridge’s...more Event -
EventGender Equality and the Economy: Interdisciplinary Approaches
The Gender Equality and the Economy Program of the Levy Economics Institute hosts a speaker series with practitioners and scholars across disciplines from around the globe to address the ever-relevant...more Event -
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Queering Economics: Diversity and Inclusion in the Dismal Science
Join us for our fifth session with Michael Martell, Associate Professor of Economics at Bard College, on Tuesday, April 16th, from 5pm to 6pm in the Levy Conference Room, or on...more Event -
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18th Annual Hyman P. Minsky Conference: Meeting the Challenges of Financial Crisis
A conference organized by the Levy Economics Institute of Bard College with support from the Ford Foundation Ford Foundation New York City April 16–17, 2009 On April 16 and 17,...more Event -
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International Comparisons in Economic Well-Being among Advanced Industrialized Countries
Levy Economics Institute of Bard College Annandale-on-Hudson, New York December 2–3, 2010 The purpose of the workshop is to discuss the work on the Levy Institute Measure of Economic Well-Being...more Event -
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Hyman P. Minsky Conference on Financial Instability,Berlin, Germany
Organized by the Levy Economics Institute and ECLA of Bard with support from the Ford Foundation, The German Marshall Fund of the United States, and Deutsche Bank AG Deutsche Bank...more Event