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EventMonetary Policy Transmission to Consumption: Inequalities by Gender and Race
Join us Thursday, December 4 at 5 PM for a discussion at Blithewood with Professor Aina Puig. This discussion explores a paper estimating the causal effects of monetary policy shocks...more Event -
EventAdvancing the Landscape of Research, Methodology, and Data on the Care Economy – A Feminist Economics Lens
We are pleased to announce that the Online Events Committee of the International Association for Feminist Economics (IAFFE) is co-hosting an event with the Levy Economics Institute on Friday, November...more Event -
Working Paper No. 1100The Death of the Social Contract and the Enshittification of Jobs
November 05, 2025 This paper employs the concept of “enshittification”—the systematic degradation of a service or product in the pursuit of profit—as a powerful metaphor to analyze the decay of the US labor...more Publication -
EventMoney & Payments: Evolution or Revolution?
On Friday, November 21 at 12 PM, Professor and Chair of Economics at Skidmore College Joerg Bibow will be presenting his recent Levy Working Paper, “Banking on Payments?” Professor Joerg...more Event -
President Pavlina R. Tcherneva Delivers Keynote at CIRIEC International and Bordeaux GSEF 2025 Conferences
October 30, 2025 Institute President Pavlina R. Tcherneva delivered the joint keynote address at the CIRIEC International and Bordeaux GSEF 2025 conferences, bringing together leading voices from across the global social and solidarity...more News -
Scholars Ajit Zacharias and Thomas Masterson speak at the 29th FMM Conference in Berlin: “Engendering Policy Models: Reflections on Theory and Method”
October 30, 2025 Senior Levy Scholar Ajit Zacharias participated as a featured speaker on Day 2 of Gendering Macroeconomics, held during the 29th Annual Conference of the Forum for Macroeconomics and Macroeconomic Policies...more News -
BlogKeeping Up with Household Debt in the US
October 22, 2025 Two crucial questions drive our recently published working paper: (1) how is it possible to have trends in income and consumption inequality as divergent as those observable in the US in the last decades; and (2) what happens when households spend more than their income by borrowing, largely because they want to “keep up” with [...] Blog -
Working Paper No. 1099A Stock-Flow Consistent Model of Emulation, Debt, and Personal Income Inequality
October 22, 2025 Read the associated blog post here. Divergent trends in income and consumption inequality—with the first increasing substantially more than the latter—are an established, stylized fact for the US economy in...more Publication -
Working Paper No. 1098
Creative Destruction Meets Financial Instability: Toward a New Synthesis
October 17, 2025 This paper reconstructs Joseph Schumpeter’s major works to propose a coherent new departure point for analyzing economic and social change. I argue that Capitalism, Socialism and Democracy (1942) (CSD) marks...more Publication -
EventLevy Graduate Programs Information Session November 14
Thinking about graduate school in economics? The Levy Institute programs in economic theory and policy may be just the transformative experience you’re looking for. Our info sessions provide an overview...more Event -
Levy Scholar Fadhel Kaboub to participate in UN Global Policy Dialogue
October 14, 2025 On October 24th, the 80th anniversary of the signing of the charter of the United Nations, the UN Department of Economic and Social Affairs (UN DESA) will convene a Global Policy...more News -
Strategic AnalysisThe US Economy amid Rising Global Uncertainty
October 14, 2025 Contrary to upbeat announcements on the prospects for the US economy from the current administration in Washington, economic conditions are softening for this year. The market for labor is increasing...more Publication -
Policy Note No. 2025/8How Secure Is Wage Employment in Sub-Saharan Africa?
October 08, 2025 Employment security refers to the ability of both formal and informal institutions to provide employed individuals protection against economic risks and support their economic progress. It is related, but not...more Publication -
Working Paper No. 1097
How Fiscal Policy Matters: An Empirical Analysis of the “Crowding-In” Effects of Public Infrastructure Investment in India
October 08, 2025 Using high-frequency data, the paper analyzes the link between public infrastructure investment and private corporate investment in India for the decade ending 2023–24. We adopt the ARDL model to investigate...more Publication -
Working Paper No. 1096
Gender Norms and Women’s Employment During the COVID-19 Pandemic: Evidence from India
October 07, 2025 We examine the role of household-level social norms regarding women’s mobility in determining the impact of the COVID-19 pandemic on women’s employment. The shock of the pandemic containment measures, such...more Publication -
EventRethinking the Federal Reserve’s Policy Framework and Independence
Part of the Levy Economics Institute Capitol Hill Series The Levy Economics Institute is proud to launch our Capitol Hill Series. In this series of talks, we will be hosting...more Event -
Working Paper No. 1095
A Short History of MGNREGA: Twenty Years in Ten Charts
October 06, 2025 India’s Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA), enacted in 2005, is an experiment of major significance. Drawing on official statistics, this paper presents a broad-brush retrospective on MGNREGA’s...more Publication -
“[This is] another look at the weakening labor market…” Tcherneva for Marketplace on private sector jobs loss
October 02, 2025 Listen to Institute President Pavlina R. Tcherneva on yesterday’s Marketplace report. The report covers recent ADP data that indicate a loss of 32,000 private sector jobs in September 2025. News -
Levy Scholar Rania Antonopoulos to speak at Expert Roundtable on Beyond GDP and Human Rights
October 02, 2025 Senior Scholar Rania Antonopoulos has been invited to speak at the opening Expert Roundtable on Beyond GDP and Human Rights, scheduled for October 8th and 9th, 2025, in Geneva. The...more News -
Levy Scholar Yeva Nersisyan featured by ABC News discussing federal government shutdown effects on Federal Reserve
October 02, 2025 “This makes life harder for the Fed,” Yeva Nersisyan, a professor of economics at Franklin & Marshall College, told ABC News. The loss of data arrived during an uneasy period for policymakers....more News -
Working Paper No. 1094
Lebanon’s Eventual Transition to a Floating Exchange Rate System
October 01, 2025 Lebanon’s longstanding fixed exchange rate regime collapsed in the wake of the country’s 2019 financial crisis. This paper examines the underlying monetary factors that contributed to the collapse, offering a...more Publication -
EventLevy Graduate Programs Information Session October 10
Thinking about graduate school in economics? The Levy Institute programs in economic theory and policy may be just the transformative experience you’re looking for. Our info sessions provide an overview...more Event -
Release: Former Commissioner of the Bureau of Labor Statistics Erika McEntarfer ’95 Spoke at Bard College in First Public Remarks Since Dismissal
September 19, 2025 Hosted by the Levy Economics Institute, Bard alumna Erika McEntarfer ’95, former commissioner of the Bureau of Labor Statistics (BLS), spoke to an audience of Bard students, faculty, staff, and...more News -
Newest Class of Levy Graduate Students Welcomed to Blithewood
September 19, 2025 The beginning of September marked the arrival of our latest group of new Levy Graduate students. As these bright individuals embark on their intellectual journeys at the Levy Institute, learning...more News