The world is facing a variety of severe challenges that are in tension with one another. On the one hand, there is a perceived necessity for an investment offensive bring about decarbonisation. As the paradigm of the night-watchman state is (slowly) disappearing, governments around the globe are developing strategies for structural change that they hope will be growth-enhancing. On the other hand, demographic ageing and the desire for a better work-life balance raise doubts in the Global North whether economic growth is possible or meaningful. In times of accelerating digitalization, spreading post-materialistic norms and more demands for gender equality, calls for shorter and more flexible working hours are emerging.

These debates are taking place against a backdrop of geopolitical tensions and wars. The current system of the global division of production and trade in value chains is under question. It is viewed as inherently unjust from the perspective of the Global South. From the perspective of the Global North, the supply of affordable fossil and mineral resources is jeopardized, and yet conflicts over resources crucial for electrification and a "green growth model" become geostrategic battlegrounds.

At our conference, we will focus on progressive perspectives to face these challenges. What can macroeconomists from different schools of thought contribute to these debates?

The conference will take place as an in-person event. The Plenary Sessions will be livestreamed on this site.

Programm (pdf)

Contact:
Sabine Nemitz
fmm[at]boeckler.de

Wie kommen wir aus der Polykrise?

Seit 1996 lädt das maßgeblich vom IMK der Hans-Böckler-Stiftung organisierte Forum for Macroecenomics and Macroeconomic Policies (FMM) jährlich zum Treffen der makroökonomisch Forschenden. In Berlin nahmen vom 24. bis 26. Oktober mehr als 350 Wissenschaftler*innen Perspektiven in Zeiten der Polykrise in den Blick. Von Jeannette Goddar

zum Bericht

A1: FISCAL POLICY, DEBT AND STRUCTURAL CHANGE

Determinants of Economic Growth and Fiscal Fragility in a Kaleckian Model with Public Capital and Targeted Debt Accumulation
Hiroshi Nishi (Hannan University)

Long run effects of austerity: an analysis of size-dependence and persistence in fiscal multipliers
Guilherme Klein Martins (University of Leeds)

Fiscal policy composition, multipliers and public debt sustainability: Evidence from OECD countries
Matteo Deleidi (University of Bari "Aldo Moro"),Giovanna Ciaffi, Lorenzo Di Domenico

The café economy: Structural transformation in Greece in the wake of austerity and „reforms“
Michalis Nikiforos (University of Geneva), V. Missos, C. Pierros, N. Rodousakis

A2: POST-KEYNESIAN ECONOMICS

The rise and decline of PKE in Austria
Engelbert Stockhammer (Berlin School of Economics and Law), Quirin Dammerer, Andreas Maschke

On the History of Post-Keynesian Economics in Germany since the 1970s
Eckhard Hein (HWR Berlin)

Kalecki’s and Keynes’s Perspectives on Achieving Full Employment in a Global Economy
Hagen M. Krämer (Karlsruhe University of Applied Sciences), Eckhard Hein

To which extent do monetary policies affect inequality? An assessment using an AB-SFC model
Dany Lang (University of Sorbonne Paris Nord)

A3: INFLATION AND DISTRIBUTION

Do markups respond to cost shocks? Firm-level evidence from the U.S.
Simon Grothe (University of Geneva)

UK Markups and Profit Margins during the pandemic and its aftermath
Alexander Guschanski (University of Greenwich), Özlem Onaran

The (Dis)Equalizing Effects of Production Networks: Income-dependent Inflation Exposure in EU Countries
Leonhard Ipsen (University of Bamberg), Jan Schulz

Distributive conflict and Inflation in Neoliberal Capitalism
Hugo Iasco Pereira (Federal University of Parana), Felipe Almeida

A4: GLOBAL VALUE CHAINS AND TRADE

Gains from regional trade integration? An analysis of SADC’s value chain integration in the transport equipment sector
Melike Döver (FU Berlin)

Global Value Chains, Structural Change, and Inequality: An industry-level analysis
Arpan Ganguly (FLAME University), Anwesha Basu

Global productive fluctuations hindering structural change: effects on Brazilian industrial investment
Vinicius Martinez (University Paris City), André Biancarelli

A5: MONETARY ECONOMICS I

Output and inflation effects of monetary policy shocks
Franz Prante (Chemnitz University of Technology), M. Enzinger, S. Gechert, P. Heimberger, D. Fernández-Romero

Booms, busts and the regime-dependent effects of monetary policy
Philipp Heimberger (The Vienna Institute for International Economic Studies (wiiw)), M. Enzinger, S. Gechert, F. Prante, D. Fernández-Romero

Inside the black box: Insights into the Monetary Transmission Mechanism across 5 OECD Countries
Antonino Lofaro (University of Bari), Matteo Deleidi, Enrico Sergio Levrero

The Post-2015 German Lending Surge - What Role for QE?
Sebastian Eiblmeier (Leibnitz University Hannover)

A6: ECOLOGICAL ECONOMICS I

Economic Preconditions and Impacts of the Mobility Transition in Austria’s Railway Sector
Lukas Cserjan (Johannes Kepler University Linz), Anna Hornykewycz

Carbon Giants: Exploring the top 100 industrial CO2 emitters in the EU
Simon Sturn (Vienna University of Economics and Business), Xenia Miklin, Thomas Neier, Klara Zwickl

State vs market: Do energy price elasticities differ?
Bianka Mey (Chemnitz University of Technology), S. Gechert, T. Müller, F. Prante

Implications of basic income policies for climate goals
Guilherme Spinato Morlin (University of Pisa), I. Arto, K. Kratena, S. D‘Alessandro, M. V. Román, M. Tomás

S1: DISTRIBUTION, INEQUALITY AND ECONOMIC THOUGHT

Constructing the Field of German Economics
Rouven Reinke (Hamburg University), Andreas Schmitz

Intersectional Differential Returns in Germany
Theresa Lagemann (University Duisburg-Essen), Miriam Rehm

Can Growth Be Both Wage-Led and Profit-Led? Investigating Growth-Inequality-Cycles through Spectral Analysis
Jonas Dominy (University Duisburg-Essen)

Childcare services for everyone? The distributional effect of public childcare services in Germany
Helena Vitt (University Duisburg-Essen)

S2: FISCAL & MONETARY POLICY

Output Gap Uncertainty, Fiscal Policy and Risk Premia under Endogenous Credibility
Jonas Dix (Bamberg University), Christian R. Proaño

“Who are we to decide what a good transition plan is?” Supervisory authorities and the decarbonization of EU banks
Janina Urban (University Witten/Herdecke), S. Schairer, R. Baioni, P. Haufe, N. Aguila, J. Wullweber

How Fitting is One-Size-Fits-All? Revisiting the Dynamic Effects of ECB’s Interest Policy on Euro Area Countries
Maybrit Wächter (University of Bamberg), Christian R. Proaño, Juan Carlos Peña

Inflation Expectations and Economic Preferences
Maximilian Floto (Hannover University), Lena Dräger, Marina Schröder

S3: ENVIRONMENTAL ECONOMICS AND GREEN TRANSITION

Crashing the prototypes: Assessing the financial transitional impacts on inequalities in energy-climate-transition models
Mattia Leoni (University Roma Tre)

Technological Change: A Magic Bullet in Mitigating Climate Change? An Intersectoral Analysis for Germany
Katharina Preuß (University Duisburg-Essen)

The green banking gap or why are banks not financing the green transition
Nicolás Aguila (University Witten/Herdecke), Paula Hufe, Riccardo Baioni

When the Bunch Becomes a System - the EU-27’s Affection by the Global Polycrisis
Jasper Lüke (European University Viadrina Frankfurt)

S4: GROWTH MODELS, ECONOMIC DYNAMICS

Productivity Growth and Class Struggle in a Growth Regime Framework
Philip Blees (Berlin School of Economics and Law, IPE Berlin)

Wealth distribution with and without real estate assets and mortgage debt in ten European countries – a post-Kaleckian approach
Moritz Marpe (Berlin School of Economics and Law), Karolina Schütt, Eckhard Hein

Currency devaluations, distribution conflict and inflation: revisiting Kaleckian open economy models
Juan Manuel Campana (Berlin School of Economics and Law)

Financialization, distribution and inflation: A Kaleckian approach and an empirical application to Germany and Austria
Cara Dabrowski (Berlin School of Economics and Law

S5: LABOR MARKETS, WORKING TIME AND CARING ECONOMY

Introducing the 4-day-week in a medium-size firm: effects on productivity, job satisfaction, and health
Dominik Unterein (University of Siegen), Svenja Flechtner, Meike Stephan

Working Time Tournaments: How Wage Inequality Affects Working Hours in Germany
Zarah Westrich (University Duisburg-Essen)

Living up to one’s word? Labor safeguarding in family firms during the Corona Crisis
Jeremiah Nollenberger (University Duisburg-Essen)

Macroeconomic and sectoral impacts of the transition to a green and caring economy: a global input-output analysis
Jasmin Lukasz (University of Greenwich), Maria Nikolaidi, Özlem Onaran

S6: INTERNATIONAL AND GEOECONOMICS

Corporate Financialization and Global Value Chains: Case Studies in Argentina
Ignacio Juncos (Universidad Nacional de Córdoba)

Time-frequency nexus of geopolitical tension, economic uncertainty, and trade flows: A wavelet coherence-based evidence from China and USA
Sodiq Bisiriyu (SRM University-AP), Manzoor Malik

De-Risking as a perpetuation of Dependency? A Political-Economic Analysis of the Hyphen-Hydrogen-Project in Namibia
Fabio Banet (University of Hamburg), Armin Höpfner

20 Years of FDI in Cambodia: Towards Upper Middle-Income Status and Beyond
Kosal Nith (Cambodia Development Resource Institute), Simona Iammarino, Sumontheany Muth

B1: ENVIRONMENTAL ECONOMICS

The environmental turn in monetary regimes, the environmental state, and accumulation regimes consistency
Louison Cahen-Fourot (Roskilde University), Steven Knauss

Precautionary financial policy in practice - exploring financial flows linked to ecosystem tipping points
Lydia Marsden (The Bartlett: UCL Faculty of the Built Environment), Josh Ryan-Collins

Ground rent and ecological breakdown in the labor theory of value
Patrick Mokre (Chamber of Labor Vienna)

The Price Elasticity of Heating and Cooling Energy Demand: A meta-analysis
Sebastian Gechert (Chemnitz University of Technology), T. Müller, F. Prante, B. Mey

B2: HETERODOX MACROECONOMIC MODELLING

Institutional changes, effective demand and inequality: a model of secular stagnation
Daniele Tavani (Colorado State University), Vinicius Curti Cicero

Income distribution and cyclical dynamics in a supermultiplier model
Ricardo Araujo (University of Brasilia), G. Morlin, H. Moreira, R. Pariboni

Heterogenous labour, earnings inequality, and business cycles
Peter Skott (University of Massachusetts Amherst), Adam Aboobaker

Are Macroeconomic Agent-Based Models transformation ready? A survey of the current macro ABM landscape and its capability to simulate societal
Lasare Samartzidis (Leibniz Institute of Ecological Urban and Regional Development (IOER))

B3: SOCIAL SPENDING AND MINIMUM WAGE

Sustainable Consumption and the Comprehensive Economic Well-Being of American Households
Steven Fazzari (Washington University), Daniel Cooper, Barry Cynamon

The Simulated Impact of Universal Elder Care on Paid and Unpaid Work in Mexico
Thomas Masterson (Levy Economic Institute),A. Zacharias; F. Rios-Avila; A. Sinha

Demand Responses of Minimum Wage: An Empirical Micro-Macro Assessment
Daniel Fernández-Romero ( Autonomous University of Madrid), L. Cárdenas, P. Villanueva, R. Gonzálvez

Aktienrente: Driver of financialization
Christoph Scherrer (University of Kassel), Justus Hallegger

B4: ECONOMIC GROWTH

Deindustrialization paths and growth models: Germany and Spain in comparative perspective
Daniel Herrero (Complutense University of Madrid), Miguel Ángel Casaú

The evolution of demand regimes in Mediterranean countries and the role of the demand multiplier: between wage devaluation and financial leverage
Paloma Villanueva (Complutense University of Madrid), Rubén Gonzálvez, Luis Cárdenas

Keynes is still alive: Autonomous demand and aggregate supply in Italy (1995-2023)
Davide Romaniello (Roma Tre University), Santiago J. Gahn, Loreno Di Domenico

Kaldorian cumulative causation in the Euro area: an empirical assessment of divergent export competitiveness
Sascha Keil (TU Chemnitz), Walter Paternesi Meloni

B5: MONETARY ECONOMICS II

Green-Digital Finance: the potential role of Central Bank Digital Currencies in addressing climate change
Olivia Bullio Mattos (St. Francis College), A. R. Ribeiro de Mendonça, F. Ultremare, S. Silva de Deos

Enhancing Financial Inclusion in Developing Countries: The Potential of Drex, the Bazilian CBDC
Paula Duarte (Fundação Getúlio Vargas)

The Role of Public Banks Credit Policy to Sustainable Growth in Brazil
Debora Pimentel (UFRRJ), Antonio Alves Junior, Erlon Domingues da Silva

Inflation targeting and the real exchange rate trend: Theoretical discussion and empirical evidence for developed and developing countries
André Nassif (Fluminense Federal University (UFF)), C. Feijó, E. Araújo, R. Leão

B6: INDUSTRIAL POLICY AND FINANCE

The monetary circuit in a developed financial system: from credit creation to profit realization
Eugenio Caverzasi (University of Greenwhich), Alberto Botta, Daniele Tori

The Structural Interdependency of Industries: An Agent-Based Model
Bernhard Schütz (The Vienna Institute for International Economic Studies (wiiw)), Oliver Reiter, Andreas Lichtenberger

Financing the green industrial policy for a sustainable and just transition
Linnit Pessoa (Fluminense Federal University (UFF)), Carmen Feijó, Fernanda Feil

Endogenous real-financial cycles: An empirical assessment
Filippo Gusella (Università Cattolica del Sacro Cuore Milano), Domenico Delli Gatti, Giorgio Ricchiuti

C1: FISCAL RULES AND PUBLIC SPENDING

Back to fiscal rules: The insanity of normality (unless the rich pay for it!)
Alberto Botta (University of Greenwich Business School), Eugenio Caverzasi, Alberto Russo

The revised EU fiscal rules and social spending
Catherine Mathieu (OFCE); Henri Sterdyniak

Do political narratives shape preferences for public spending and debt?
Ekaterina Juergens (IMK Macroeconomic Policy Institute), Sebastian Gechert

The General Relativity of Fiscal Space: Theory and Applications
Marc Morgan (University of Geneva), Jacob Assa

C2: GREEN MACROECONOMICS

Long-term sustainability of zero-growth capitalism: activity, employment and unemployment according to different modes of income distribution
Laurent Cordonnier (University of Lille), Jacques Mazier

The industrial core of a degrowth economy
Eric Kemp-Benedict (University of Leeds)

Green investment and productivity: Main policy challenges
Ettore Gallo (University of Parma), Cecilia Jona-Lasinio, Benedetta Samoncini

An AB-SFC model of finance, technological diffusion, and the low-carbon transition
Jessica Reale (IUSS Pavia), Alessandro Caiani, Teresa Felici

C3: GENDER ECONOMICS AND WAGE INEQUALITY

Gender and education gaps in employment: New evidence for the EU
Meryem Goekten (The Vienna Institute for International Economic Studies (wiiw)), P. Heimberger, A. Arsenev, A. Lichtenberger, B. Schütz

Female labor force participation and the role of aggregate demand
Anna Vergnano (Università Roma Tre), Davide Romaniello, Antonella Stirati

The rise in the supervisory wage premium: evidence from European survey data
Thomas Rabensteiner (University of Greenwich), Alexander Guschanski

Labor informality, inequality and gender wage gap
Lida-Vrisiida Vandorou (National and Kapodistrian University of Athens)

C4: DEVELOPMENT ECONOMICS

The nexus between structural transformation and poverty alleviation in South Asian Association for Regional Cooperation (SAARC). A sectoral value-added analysis
Freeman Mateko (University of Johannesburg)

Below the Dollar Dominance: Patterns of the emerging fragmented, multipolar and multi-layered currency world
Bianca Orsi (University of Leeds), M. Zucker Marques, B. Fritz, A. Kaltenbrunner

The Broken link between demand and production: Demand leakages in Brazil’s 21st-century economic development
Tiago Porto (Getulio Vargas Foundation), Nelson Marconi

David vs Goliath: An endogenous Lotka-Volterra competition analysis
Lesslie Valencia (Open University)

C5: MONETARY POLICY AND INCOME

Monetary policy and income inequality: an heterogenous agents’ approach
Giorgio Ricchiuti (Università degli Studi di Firenze), Andrea Boitani; Lorenzo Di Domenico

A post-mortem of interest rate policy: beware of financial fragility
Huub Meijers (Maastricht University School of Business and Economics), Joan Muysken

The Gender of Wealth Accumulation: Gender Differences in Risky Portfolio Choices and Their Determinants
Carolin Dylla

One Fiscal Swallow does Make a Summer: An Empirical Tale of the US Economy
Maria Cristina Barbieri Goes (University of Bergamo), Ettore Gallo

C6: ECOLOGICAL MACROECONOMICS AND POLICY

Endogenous political cleavages and the social dimension of climate change
Christian Proaño (Bamberg University), Márwil
Dávila-Fernández, Serena Sordi

How personal exposure affects the support for carbon pricing
Maike Korsinnek (IMK Macroeconomic Policy Institute), Jan Behringer, Lukas Endres

Green Fiscal Policies in an ABM with Interdependent Industries
Andreas Lichtenberger (The Vienna Institute for International Economic), Oliver Reiter, Bernhard Schütz

Policies Against Climate Risks and Behavioral Constraints
Behnaz Minooei Fard (Ca Foscari University of Venice), Willi Semmler

D1: CURRENT ISSUES ON MONETARY POLICY

The Digital Euro: The Money of the Future?
Peter Bofinger, University of Wuerzburg

Crypto Assets as a Threat for Financial Stability
Heike Joebges, University of Applied Science Berlin

Assessing the Infuence of Cryptocurrencies on Financial Market Stability
Arafet Farroukh, Facultédes Sciences Economique et de Gestion, Université de Tunis El Manár

The Impact of Monetary Policy on the German Commercial Real Estate Market
Mahra Özdogan, Berlin School of Economics and Law

D2: ECOLOGICAL MACROECONOMIC MODELLING I

Impacts of the EU ETS reform and the Carbon Boarder Adjustment Mechanism on the economy and labor market in Germany
Anke Mönnig (Gesellschaft für Wirtschaftliche Strukturforschung mbH (GWS)), Johanna Zenk, Peter Dreuw, Christian Schneemann, Alexander Schur

Financial transition risks and the multiverse of mitigation pathways
Louis Daumas (European Institute on Economics and the Environment (EIEE)), Céline Guivarch

Effective Demand for a Sustainable Global Economy: A Sraffian Supermultiplier Model of Pathways to Net Zero Emissions
Valeria Jiménez (HWR Berlin), Ryan Woodgate

The Globalization of Climate Change: Amplification of Climate-related Physical Risks Through Input-Output Linkages
Richard Senner (Swiss National Bank), Andrea Vismara, Stephan Fahr

D3: PRODUCTIVITY, COMPETITION AND LABOR MARKETS

How structural reforms of labour markets contribute to a productivity slump. An essay on neoclassical versus evolutionary efficiency
Alfred Kleinknecht (TU Delft, VU Amsterdam)

Does Structure Matter? Competitiveness, Productivity, and Income Distribution: Evidence from EU27
Nikolaos Rodousakis (Centre of Planning and Economic Research), V. Missos, M. Nikiforos, C. Pierros

Demand in the long-run and Technichal Change: The case of the United States after Breton Woods
Santiago Jose Gahn (Università Niccolò Cusano), Lorenzo Di Domenico, Davide Romaniello

Industrial Policy in Times of Market Power: An Agent-Based Model Perspective
Enrico Maria Turco (Università Cattolica del Sacro Cuore Milano)

D4: ECONOMIC POLICY

The Information hierarchy and the limits of economic policy in the era of polycrises: Challenging the systematic invisibilization of bottom-up approaches
Gary Dymski (University of Leeds), Lesslie Valencia

Impacts of Climate Change on Inflation and Distributive Conflict: A Case Study of the 2011 Mexican Drought
Araceli Martinez Holguin (Universidad Nacional Autónoma De México)

Structural Inequality and Input-Output Tables: Methods and Implications for Germany
Jan David Weber (Institut für Sozioökonomie, University Duisburg-Essen)

Impacts of a green hydrogen value chain on the labor market in Germany
Johanna Zenk (Institute for Employment Research IAB), A. Mönnig, L. Ronsiek, J. Zenk, C. Schneemann, A. Schur, D. Samray

D5: ENVIRONMENTAL POLICY AND DISTRIBUTION

The Effect of Income Inequality on Ecological Damage Across the Distribution
Svenja Flechtner (University of Siegen), Martin Middelanis

We live in the same planet, but are we on the same boat? Analysis of the distributive impacts of the climate crisis
Edoardo Sala (Roma Tre University)

Which policy mix for handling socio-ecological trade-offs? A macrosimulation approach for Italy
David Cano Ortiz (University of Pisa), T. Heydenreich, G. Spinato Morlin, S. D‘Alessandro

Structural change for a just and sustainable economy
Giacomo Ravaioli (University of Lisbon), Simone d‘Alessandro, Tiago Domingos

D6: INCOME DYNAMICS AND DUAL LABOR MARKETS

The Austrian wage negotiation system in the inflation crisis
Daniel Witzani-Haim (Chamber of Labor Vienna), M. Marterbauer

The impact of dualization of the labour market, and product market concentration, on sector wages over the cycle. Evidence from Spain
Antonio Rodriguez Gil (University of Leeds)

Sectoral Shifts and Wage Dynamics: Analysing the Impact of Production Composition on Occupational Structures and Earnings
Tiago Porto (Getulio Vargas Foundation) D. Spinola, N. Marconi, E. Araújo

Income sources and consumption – does financial income induce less consumption than labour income?
Gal Rakover (University of Greenwich)

E1: INDUSTRIAL POLICY

From core to periphery: workplace evidence of GVCs restructuring in the Italian auto industry
Claudia Collodoro (Sant‘Anna School of Advanced Studies Pisa), A. Cetrulo, L. Nelli, M. Enrica Virgillito

Absorptive capacity for productive knowledge accumulation: Global evidence
Thomas Goda (Universidad EAFIT), Germán Tabares

Catalytic Industrial Policy - in concordia varietas
Mario Holzner (The Vienna Institute for International Economic Studies (wiiw))

Industrial Policy Space in Emerging Economies – The Case of Chile and the Energy Raw Materials Chapter in the EU-Chile Free Trade Agreement
Petra Dünhaupt (HWR Berlin), H. Gräf, V. Jiménez, B. Jungmann

E2: GREEN MACROECONOMICS IN THE GLOBAL SOUTH

Capital stranding and firms‘ financial fragility in Brazil
Angela Modica Scala (IUSS Pavia), G. Santos Carneiro, A. Caiani

Economic risks and opportunities for developing countries in the global energy transition: Neo-developmentalist perspectives
Martin Middelanis (FU Berlin), Barbara Fritz, Luiz Fernando de Paula

Challenges in the Transition to a Low-Carbon Economy for Developing Countries Estimating Capital-Use Matrices and Imported Needs
Luca Tausch (AFD), Guilherme Magacho

Blue Decarbonisation: Quantifying Emissions from Brazil‘s Ocean Economy
Isabela Marques (UFRJ), A. de Freitas, I. Marques, K. da Costa

E3: ECOLOGICAL MACROECONOMIC MODELLING II

Greening the European economy at the expense of other world regions? Tracing the EU’s quest for green hydrogen in Chile
Jakob Rammer (University Wien), Julia Eder

Macroeconomic Impacts of ETS Revenue Allocation: A Post-Keynesian Analysis of Decarbonization Strategies in the EU
Ioannis Gutzianas (Cambridge Econometrics), Áron Dénes Hartvig; Emile Petravičiūtė

Reassessing Carbon Tax Policies in Denmark: Insights from an Empirical Input-Output Environmental SFC Model
Simon Fløj Thomsen (Aalborg University), Hamid Raza, Mikael Byrialsen

Assessing climate policy mixes in the UK: an ecological stock-flow consistent approach
Adam George (SOAS), Yannis Dafermos

E4: CONFLICT INFLATION

Conflicting-claims inflation and the Phillips curve: rethinking their microfoundations in an ABM setting
Lilian Rolim (University of Campinas)

A General Theory of Conflict Inflation: Hyperinflation, Debt-Deflation and Business Cycles
Ryan Woodgate (Forward College Berlin)

Inflation Dynamics in China: An Analysis of Latent Sectoral Risks to Overall Price Stability
Georg Maxton (Universität Hamburg)

An upward-sloping Phillips Curve?: Non-inflationary rate of wage growth and poverty
Ilhan Dögüs (Independet Economist)

E5: DEBT AND STRUCTURAL CHANGE

Debt sustainability and (green) structural change at the time of global finance: An emerging and developing countries’ perspective
Giuliano Toshiro Yajima (Levy Economics Institute), A. Botta, D. Spinola, G. Porcile

Sinless default: why do Governments default on local currency debt?
Thibault Laurentjoye (Aalborg University)

Debt, Demand, and Growth in Emerging Market Economies
Yun K. Kim (University of Massachusetts), Syed Mohib Ali Ahmed

Types of credit and structural change
Jimena Castillo (University of Leeds)

E6: ECOLOGICAL ECONOMICS II

Assessing the macrofinancial consequences of a Net Zero energy transition through hard coupled energy-macroeconomic models, a case study for Morocco
Achilleas Mantes (AFD), A. Godin, C. Wagner, J. Veysey

An Empirical Ecological Stock Flow Consistent Model of the Chinese Economy
David An (University of Siena)

Navigating the Energy Transition in the Gulf Cooperation Council (GCC) States: The Role of Industrial Policies in Fostering Sustainable Economic Competitiveness
Malcolm Sawyer (University of Leeds), Jalal Qanas

Pigou and the Climate Crisis – internalizing external effects is no panacea
Jan Priewe (HTW Berlin)