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Press ReleaseTourism Won’t Save Greece, New Levy Institute Report Says
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Working Paper No. 814Distribution-led Growth in the Long Run
The paper examines the long-run fluctuations in growth and distribution through the prism of wage-and profit-led growth. We argue that the relation between distribution of income and growth changes over time. We propose an endogenous mechanism that leads to fluctuations between wage- and profit-led periods. Our model is a linear version of Goodwin’s predator–prey model, […] -
Fed Board Governor Daniel Tarullo addressing the US economy’s longer-term challenges at the Minsky Conference in DC
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MME, September 1, 2014
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Dimitri B. Papadimitriou: Η οικονομία ζει τον μύθο των αριθμών
Ethnos, 1 Σεπτέμβριο 2014. Με επιφύλαξη παντός δικαιώματος. Εληξε η κρίση στην Ελλάδα; Αυτό είναι το κύριο ερώτημα στο οποίο καλείται να μας απαντήσει ο διακεκριμένος οικονομολόγος Δημήτρης Β. Παπαδημητρίου, πρόεδρος του διεθνούς κύρους Levy Economics Institute της Νέας Υόρκης και καθηγητής Οικονομικών στην έδρα «Jerome Levy» στο Bard College. Διαβάστε περισσότερα κάνοντας ΚΛΙΚ ΕΔΩ: […] -
MME, August 22, 2014
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Levy Economics: Μήπως οι Ευρωπαίοι δεν θέλουν να «ρίξουν» την ανεργία στην Ελλάδα;
BankingNews.gr, 22 Αυγούστου 2014. Με επιφύλαξη παντός δικαιώματος. Η ανεργία στην Ελλαδα έχει εκτοξευθεί σε δυσθεώρητα ύψη, με πάνω από 1,3 εκατομμύρια να είναι άνεργοι Μήπως οι Ευρωπαίοι δανειστές θέλουν την ανεργία στην Ελλάδα να αυξάνεται; Μήπως τελικά δεν θέλουν να μειωθούν οι εκατοντάδες χιλιάδες άνεργοι στη χώρα που έχουν επιβάλει σκληρή λιτότητα; Αυτά είναι […] -
BlogGreece, Rock Bottom, and Co-operative Banking
In a recent interview, C. J. Polychroniou asked Dimitri Papadimitriou about the idea that Greece is on the verge of economic recovery: Both the International Monetary Fund (IMF) and the European Commission (EC), in their assessments of the performance of the Greek economy, appear more optimistic on the future of Greece because of the deceleration of the negative growth [...] -
Blog
Direct Job Creation and Greece’s Debt Trap
Dimitri Papadimitriou, after noting the ongoing failure of austerity policies in Greece, shares the results of a recent study led by Rania Antonopoulos on the effects of implementing direct job creation programs of various sizes in the beleaguered country. In one scenario, a 300,000-job program (in the low-to-medium-sized range of the policy options examined) would have reduced [...] -
Research Project ReportThe Measurement of Time and Income Poverty in Korea
This report presents findings from a joint project of the Levy Economics Institute and the Korea Employment Information Service, with the central objective of developing a measure of time and income poverty for Korea that takes into account household production (unpaid work) requirements. Standard measurements of poverty assume that all households have enough time to […] -
Public Policy Brief No. 136Can Child-care Subsidies Reduce Poverty?
In partnership with the Korea Employment Information Service, Senior Scholar Ajit Zacharias and Research Scholars Thomas Masterson and Kijong Kim investigate the complex issues of gender, changing labor market conditions, and the public provisioning of child care in Korea using the Levy Institute Measure of Time and Income Poverty (LIMTIP), an alternative measure that factors […] -
Blog
12th International Post Keynesian Conference
Update: see here for the complete conference schedule. There is still time to register for our upcoming Post Keynesian conference at the University of Missouri-Kansas City. Unfortunately, the program is full so we cannot accept paper proposals. However, there is still space for participants. The registration is very affordable, and includes all dinners and special events, some [...]