Filter by
3512 results found
-
Working Paper No. 574A Critical Assessment of Seven Reports on Financial Reform: A Minskyan Perspective, Part II
August 17, 2009 This four-part study is a critical analysis of several reports dealing with the reform of the financial system in the United States. The study uses Minsky’s framework of analysis and...more Publication -
Working Paper No. 574
A Critical Assessment of Seven Reports on Financial Reform: A Minskyan Perspective, Part I
August 16, 2009 This four-part study is a critical analysis of several reports dealing with the reform of the financial system in the United States. The study uses Minsky’s framework of analysis and...more Publication -
Working Paper No. 573
Securitization, Deregulation, Economic Stability, and Financial Crisis, Part II
August 15, 2009 This study analyzes the trends in the financial sector over the past 30 years, and argues that unsupervised financial innovations and lenient government regulation are at the root of the...more Publication -
Working Paper No. 573
Securitization, Deregulation, Economic Stability, and Financial Crisis, Part I
August 14, 2009 This study analyzes the trends in the financial sector over the past 30 years, and argues that unsupervised financial innovations and lenient government regulation are at the root of the...more Publication -
Working Paper No. 572
The Unequal Burden of Poverty on Time Use
August 13, 2009 This study uses the first time-use survey carried out in South Africa (2000) to examine women’s and men’s time use, with a focus on the impacts of income poverty. We...more Publication -
Working Paper No. 571
How Well Do Individuals Predict the Selling Prices of Their Homes?
August 11, 2009 Self-reported home values are widely used as a measure of housing wealth by researchers; the accuracy of this measure, however, is an open empirical question, and requires some type...more Publication -
Working Paper No. 570
From Unpaid to Paid Care Work
July 23, 2009 This paper considers public employment guarantee programs in the context of South Africa as a means to address the nexus of poverty, unemployment, and unpaid work burdens—all factors exacerbated by...more Publication -
Policy NoteSpecial Report: Who Gains from President Obama’s Stimulus Package … And How Much?
June 16, 2009 In this Special Report, Levy scholars Ajit Zacharias, Thomas Masterson, and Kijong Kim provide a preliminary assessment of the 2009 American Recovery and Reinvestment Act (ARRA), a package of transfers...more Publication -
Working Paper No. 569
Fiscal Policy and the Economics of Financial Balances
June 15, 2009 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 Publication -
Public Policy Brief No. 101Promoting Gender Equality through Stimulus Packages and Public Job Creation
June 09, 2009 Beyond loss of income, joblessness is associated with greater poverty, marginalization, and social exclusion; the current global crisis is clearly not helping. In this new Public Policy Brief, Research Scholar...more Publication -
Working Paper No. 568
Distributional Impact of the American Recovery and Reinvestment Act
June 04, 2009 Over the last two decades, those at the bottom of the income scale have seen their incomes stagnate, while those at the top have seen theirs skyrocket; without intervention, the...more Publication -
Working Paper No. 567
Revisiting (and Connecting) Marglin-Bhaduri and Minsky
June 01, 2009 Many heterodox strands of thought share both a concern with the study of different phases or growth regimes in the history of capitalism and the use of formal short-run models...more Publication -
Policy Note No. 8
Some Simple Observations on the Reform of the International Monetary System
June 01, 2009 The demand for reform of the financial system has focused on the dollar’s loss of international purchasing power (the Triffin dilemma) and its substitution by an international reserve currency that...more Publication -
Policy Note No. 7
“Enforced Indebtedness” and Capital Adequacy Requirements
May 28, 2009 The capital adequacy requirements for banks, enshrined in international banking regulations, are based on a fallacy of composition—namely, the notion that an individual firm can choose the structure of its...more Publication -
Working Paper No. 566
Caste and Wealth Inequality in India
May 20, 2009 In this paper, we conduct the novel exercise of analyzing the relationship between overall wealth inequality and caste divisions in India using nationally representative surveys on household wealth conducted during...more Publication -
Working Paper No. 565
Housing Inequality in the United States
May 19, 2009 In recent years, as the homeownership rate in the United States reached its highest level in history, homeownership itself remained unevenly distributed, particularly along racial and ethnic lines. By using...more Publication -
Working Paper No. 564
New Consensus Macroeconomics: A Critical Appraisal
May 14, 2009 This paper is concerned with the New Consensus Macroeconomics (NCM) in the case of an open economy. It outlines and explains briefly the main elements of and way of thinking...more Publication -
Working Paper No. 563
Whither New Consensus Macroeconomics?
May 13, 2009 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 Publication -
Policy Note No. 6
The “Unintended Consequences” Game
May 11, 2009 A simple consideration of history tells us that each new piece of legislation contains loopholes that benefit a new class of entrepreneurs; some of these loopholes are small, but others...more Publication -
Working Paper No. 562
The Current Economic and Financial Crisis
May 08, 2009 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 Publication -
Working Paper No. 561
The Return of the State: The New Investment Paradigm
May 06, 2009 To save America—indeed, the global economy as a whole—the private/public sector balance has to shift, and the neoliberal economic model on which the country has been based for the past...more Publication -
Policy Note No. 5
A Proposal for a Federal Employment Reserve Authority
April 09, 2009 There is already considerable talk about the possible need for a massive public works program in response to the deepening recession and rising unemployment; however, an ad hoc emergency approach...more Publication -
Strategic AnalysisRecent Rise in Federal Government and Federal Reserve Liabilities: Antidote to a Speculative Hangover
April 09, 2009 Federal government and Federal Reserve (Fed) liabilities rose sharply in 2008. Who holds these new liabilities, and what effects will they have on the economy? Some economists and politicians warn...more Publication -
Research Project ReportNew Estimates of Economic Inequality in America, 1959—2004
April 09, 2009 In this latest LIMEW report, the authors present new evidence on the pattern of economic inequality in the United States that indicates higher inequality in 2004 than in 1959. According...more Publication