Archive
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Working Paper
Working Paper SeriesIndustrial Structure and Party Competition in an Age of Hunger Games: Donald Trump and the 2016 Presidential Election
Jan 2018
The U.S. presidential election of 2016 featured frontal challenges to the political establishments of both parties and perhaps the most shocking election upset in American history.
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Working Paper
Conference paper$MeToo: The Economic Cost of Sexual Harassment
Jan 2018
To get justice, targets must show measurable harm: economists can help.
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Article
Nancy Folbre’s Feminist, Unorthodox Economics
Jan 4, 2018
The renowned feminist economist discusses the importance of heterodoxy, radicalism, and social justice to the discipline
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Grant
Years granted: 2011, 2012, 2013, 2014, 2015, 2016, 2017, 2018Imperfect Knowledge Economics (IKE)
Note: As of March 2019, the Imperfect Knowledge Economics(IKE) Program has been re-launched as the INET Program on Knightian Uncertainty Economics (KUE). Please see the KUE page for updates on this body of work.
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Article
INET Grantee Lazonick’s Research Shapes DC Share Buyback Debate
Dec 22, 2017
Sen. Tammy Baldwin features arguments in questions to SEC nominees, pharmaceutical industry witness
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Article
How Public Spending Creates Jobs and Growth—Without Inflation
Dec 21, 2017
Contrary to conventional wisdom, government stimulus can improve the health of the economy for years after, without inflationary side effects
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Article
What Mainstream Economists Get Wrong About Secular Stagnation
Dec 21, 2017
Forget the myth of a savings glut causing near-zero interest rates. We have a shortage of aggregate demand, and only public spending and raising wages will change that.
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Working Paper
Conference paperVeiling
Dec 2017
Veiling among Muslim women is modeled as a commitment mechanism that limits temptation to deviate from religious norms of behavior.
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Article
Larry Summers: Reagan’s Tax Plan Was Better Than Trump’s
Dec 20, 2017
Summers discusses inequality, the GOP tax plan, and our economic future
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Conference Session
Servaas Storm: Secular Stagnation, Loanable Funds and the ZLB
Dec 16, 2017 |
Servaas Storm’s commentary on the papers presented at the secular stagnation conference.
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Article
Why Stopping Tax “Reform” Won’t Stop Inequality
Dec 15, 2017
Inequality isn’t driven by taxes—it’s driven by the power of capital in relation to workers
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Working Paper
Conference paperTransition to Slower Population Growth: Demography and its Effect on Real Interest Rates
Dec 2017
The past 30 years has witnessed a worldwide decrease in real interest rates. We demonstrate that a large part of the fall in interest rates can be explained by changes in demography, which are as the result of a sudden fall in fertility rates across all of the advanced economies in the early 1970s.
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Working Paper
Conference paperEndogenous Technology Adoption and R&D as Sources of Business Cycle Persistence
Dec 2017
We examine the hypothesis that the slowdown in productivity following the Great Recession was in significant part an endogenous response to the contraction in demand that induced the downturn.
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Working Paper
Conference paperSecular Demand Stagnation in the 21st Century U.S. Economy
Dec 2017
The concern that an economy could experience persistent, and in some sense unusual, weakness goes back to Keynes’s General Theory and led Alvin Hansen to coin the term “secular stagnation.”
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Working Paper
Conference paperAging, Output per capita and Secular Stagnation
Dec 2017
This paper shows that aging has positive effect on output growth per capital at positive interest rates, due to capital deepening.