Archive
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Working Paper
Conference paperLeveraging the network: a stress-test framework based on DebtRank
Apr 2015
We develop a novel stress-test framework to monitor systemic risk in financial systems. The modular structure of the framework allows to accommodate for a variety of shock scenarios, methods to estimate interbank exposures and mechanisms of distress propagation.
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Working Paper
Conference paperSevering the Innovation-Inequality Link: Distribution Sensitive Science, Technology and Innovation Policies in Developed Nations
Apr 2015
Innovation is essential to economic growth. However, it appears that the ways in which we pursue innovation policies have aggravated inequality. Inequality is an increasingly contentious political issue in both wealthy and emerging economies.
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Working Paper
Conference paperAnarchic East Asia on an American Tether—and Cushion
Apr 2015
“Oh, the Chinese hate the Japanese and the Japanese hate the Chinese—to hate all but the right folks is an old established rule. The Koreans hate the Japanese and the Vietnamese hate the Chinese, and the North Koreans hate them all. Oh, the People hate the Communists and the Communists hate the People. The Nationalists hate the Communists and the Communists hate themselves. The Confucians hate the Buddhists and the Muslims hate them all. All of my folks hate all of your folks. But during National Brotherhood Week, be nice to people who are inferior to you. It’s only for a week, so have no fear—be grateful that it doesn’t last all year.”
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Conference Session
National Strategies, Value Creation, Income Distribution, and the Structure of Careers
Apr 9, 2015 | 06:00—07:30
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Article
Marxian Economics: The Oldest Systems Theory Is New Again (or Always?)
Apr 9, 2015
The best new economic thinking in an age of the dominance of rent-seeking will be Marxian economic thinking
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Article
Learning from Karl Polanyi
Apr 9, 2015
The old political-economic thinking of Karl Polanyi was never properly absorbed into “mainstream” North Atlantic economics: recognizing that land, labor, and finance are not really “commodities” returns institutions and social processes to the center of economic analysis.
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Article
Inequality or Living Standards: Which Matters More?
Apr 9, 2015
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Working Paper
Conference paperIncome Distribution, Rentiers and their Role in a Capitalist Economy: A Keynes-Pasinetti Perspective
Apr 2015
This paper finds its origins in two important developments within mainstream economics since the financial crisis, both of which analyze the economy from the viewpoint of what Schumpeter (1954) referred to as the domain of “real” analysis of a modern market economy in contrast to “monetary” analysis.
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Working Paper
Conference paperCaring Economics
Apr 2015
Caring Economics is about a new way of thinking about human prosperity. In mainstream economics, prosperity is a matter of consumption, income and wealth. By contrast, Caring Economics conceives of prosperity in terms of deeper sources of durable human wellbeing.
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Working Paper
Conference paperFAQs about “GWAS of 126,559 individuals identifies genetic variants associated with educational attainment”
Apr 2015
The SSGAC is a research infrastructure designed to stimulate dialogue and cooperation between medical researchers and social scientists. The SSGAC facilitates collaborative research that seeks to identify associations between specific genetic markers (segments of DNA) and behavioral traits, such as preferences, personality and social-science outcomes.
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Working Paper
Conference paperThe Fourth Law of Behavior Genetics
Apr 2015
Behavior genetics is the study of the relationship between genetic variation and psychological traits. Turkheimer (2000) proposed “Three Laws of Behavior Genetics” based on empirical regularities observed in studies of twins and other kinships. On the basis of molecular studies that have measured DNA variation directly, we propose a Fourth Law of Behavior Genetics: “A typical human behavioral trait is associated with very many genetic variants, each of which accounts for a very small percentage of the behavioral variability.”
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Working Paper
Conference paperCentral banks and distribution
Apr 2015
Income and wealth inequality have been rising in the past three decades. Surprisingly, inequality has been largely ignored in the literature and practice of monetary policy. However, due to the crisis, this question has been gaining more attention.
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Working Paper
Conference paperDistributional Considerations in Climate Change Mitigation: Policy Design as if the Present Generation Matters
Apr 2015
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Conference Session
The Capital Account, Savings Gluts, and Global Imbalances
Apr 8, 2015 | 07:00—07:30
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Conference Session
Budget Deficits, Austerity and Deflation
Apr 8, 2015 | 07:15—07:40