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New Scholarship in Institutional Economics
The Scholarship in Institutional Economics, established in memory of John F. Henry, is awarded to a student interested in research in political economy, historical and evolutionary analysis of modern market economies, and history of economic thought. Made possible by the generous donation of Charlene Heinen
New Scholarship in Gender Studies
The Scholarship in Gender Studies is awarded to a student showing academic promise and interest in incorporating gender awareness in the study of the macroeconomy. Awarded in memory of Nilüfer A. Cagatay.
Working Paper No. 1055
The Relation Between Budget Deficits and Growth: Complicated but Clear
This paper looks at the relationship between government budget deficits and the growth rate of GDP. While orthodox economic theory offers several reasons to believe that growing deficits might be associated with slower growth, and would ultimately be unsustainable, Keynesians assert that deficits could stimulate growth—at least in the short run—implying the relation between deficits […]
Recap: A Path to Inclusive Development, A Levy Institute Workshop in Gender Studies
On September 11–13, the Levy Institute, with generous support from The William and Flora Hewlett Foundation, convened A Path to Inclusive Development: Unpacking Gender Inequalities in Economic Theory and Policies. This was the fifth workshop in a series that began in 2016 exploring the integration of gender into economic analysis. Gathering 40 speakers from 17 countries, with […]
Galbraith and Weber for the Boston Globe: “Harris’s fight on price gouging is good economics”
“The idea that prices serve to balance supply and demand — and should be left free to do so — is bred in the bones of economists. So much so that facts barely matter.” Read Senior Scholar James K. Galbraith and Isabella M. Weber, University of Massachussets–Amherst, in an op-ed for the Boston Globe. They respond to […]
Levy Scholars Present at Gender Disparities Workshop in Accra, Ghana
Levy Scholars presenting at the workshop include: Senior Scholar Ajit Zacharias: Old-age income (in)security in Ghana and South Africa: trends and prospects Senior Scholar Thomas Masterson: Methodological aspects Research Scholar Aashima Sinha: Introduction to Employment Security: Overview, Indicators and Measures Globalization and the shift to structural adjustment policies in the global south and to supply-side […]
Tcherneva on Background Briefing with Ian Masters
Levy Institute President Pavlina R. Tcherneva spoke with Ian Masters on his podcast Background Briefing on “Wall Street’s and the Global Drop in Markets Does Not Spell Recession.” Background Briefing with Ian Masters · August 5, 2024 – David Schultz | David Daley | Pavlina Tcherneva
Event
Racial, Gender, and Regional Inequalities in Brazil’s Care Provision and the Evolving Role of the State
Join us for our first session of the 2024 Fall Semester, with Luiza Nassif Pires, Assistant Professor at the Institute of Economics at Unicamp and the Director of the Research Center on Macroeconomics of Inequalities (MADE) at FEA/USP, on Monday, September 9th, from 5pm to 6pm in the Levy Conference Room at Blithewood, or on […]
Levy Scholars Present at IAFFE Conference 2024 in Rome
On July 3-5, Senior Scholars Thomas Masterson and Gennaro Zezza and Research Scholars Aashima Sinha and Francesco Zezza presented at the 32nd Annual Conference of the International Association for Feminist Economists (IAFFE) at the Sapienza Universita di Roma in Italy. Masterson presented “The impact of social care provision in Mexico on time and income poverty” (Masterson, Zacharias, […]
The Levy Institute Welcomes Pavlina R. Tcherneva as Incoming President
The Levy Economics Institute of Bard College welcomes Pavlina R. Tcherneva as its next president, succeeding Dimitri B. Papadimitriou, who has held the role since 1986. “After thirty-eight years as president of the Levy Institute, the time has come to pass the baton to the new generation,” Papadimitriou announced, “I can think of no one […]
Working Paper No. 1054
Gender-Responsive Public Financial Management: The Indian Chronology of Gender Budgeting
Gender budgeting is a public financial management (PFM) tool, used to ensure accountability mechanisms. The analysis of “process” indicators of gender-responsive PFM (GRPFM) reveals that India has been successful in integrating a gender lens within the budget cycle, including in the financial planning and allocation, and in effective implementation. However, a legally mandated GRPFM would […]
Working Paper No. 1053
Foreign Deficit and Economic Policy: The Case of Mexico
The article analyzes Mexico under globalization, particularly on the free mobility of capital. It argues that globalization has detrimentally impacted the productive and external sectors, causing the economy to become excessively reliant on volatile capital inflows from abroad. The Mexican government—instead of undoing the structural problems that lead to external deficits—implements policies that resolve the […]