
Quelle: HBS
26th FMM Conference: Post-Keynesian Economics and Global Challenges
Veranstalter: | Hans-Böckler-Stiftung |
Ort: | Berlin, Vienna House Andel´s Berlin |
vom: | 20.10.2022, 09:00 Uhr |
bis: | 22.10.2022, 20:00 Uhr |
Marc Lavoie, University of Ottawa, Canada
Marc Lavoie opens the introductory lecture series on the subject of “History and fundamentals of post-Keynesian macroeconomics”(pdf)(Öffnet in einem neuen Fenster). He gives an overview of the characteristic features and the history of the post-Keynesian paradigm and summarizes the impact of post-Keynesian economics today.
Annina Kaltenbrunner, Leeds University Business School
In the second introductory lecture, Annina Kaltenbrunner talks about “Financial markets and instability” (pdf) (Öffnet in einem neuen Fenster)and the contribution of post-Keynesian economics to this topic. In her lecture, she explains aspects of Keynes' General Theory and Minsky's Financial Theory of Investment and Financial Instability Hypothesis and the resulting policy implications.
Yannis Dafermos, SOAS University of London
In the last lecture of the introductory lectures, Yannis Dafermos talks about “Macroeconomics and the environment”(pdf)(Öffnet in einem neuen Fenster). In his lecture, he gives an introduction to how environmental issues can be incorporated into macroeconomic modelling by explaining Integrated assessment modelling, Ecological stock-flow consistent (E-SFC) models and Environmental Stochastic General Equilibrium (E-DSGE) models.
Plenary Session I: Constraints on Development and Structural Change
Chair: Annina Kaltenbrunner (Leeds University Business School)
Daniela Prates (UNCTAD): Currency hierarchy and the financial periphery (pdf) (Öffnet in einem neuen Fenster)
Daniela Prates opens the first plenary session and explains how globalisation changed the nature of the external vulnerability of the periphery.
Gabriel Porcile (CEPAL): New directions in the Latin American Structuralism (pdf)(Öffnet in einem neuen Fenster) (slides) ; New directions in the Latin American Structuralism (pdf)(Öffnet in einem neuen Fenster) (paper)
In the second talk, Gabriel Porcile describes how Latin American Structuralists are discussing topics related to new trends in economic development.
Robert Blecker (American University): How important is the real exchange rate for exports and growth? (pdf)(Öffnet in einem neuen Fenster)
Robert Blecker’s talk is about different perspectives on the role of the real exchange rate. He was unfortunately unable to give his presentation at the conference in person.
Plenary Session II: Gender, Care Economy and Elastic Supply
Chair: Engelbert Stockhammer (King ́s College London)
Elissa Braunstein (Colorado State University): Gender, social reproduction and economic growth (pdf)(Öffnet in einem neuen Fenster)
Elissa Braunstein opens the second plenary session, introducing a feminist macroeconomic model and explaining why including social reproduction as a source of current consumption and future productivity growth is essential to understand how macro policy affects growth and development.
Özlem Onaran (Greenwich University): Synthesizing Feminist and Post-Keynesian Economics for a Purple Green Red Transition (pdf) (Öffnet in einem neuen Fenster)
Özlem Onaran introduces a post-Keynesian/Kaleckian feminist macroeconomic model and discusses effects of an increase in public social infrastructure, increasing wages and closing gender gaps and different policy simulations. She argues for a purple green red new deal for a caring just transition.
Mark Setterfield (New School for Social Research): Path dependent growth and PK modelling of the supply side (Öffnet in einem neuen Fenster)(pdf)
Mark Setterfield’s talk is on how to integrate supply-side considerations into demand-led models. He discusses the reconciliation of AD and AS in the long run, human capital, social reproduction of labour and the supply-side link between distribution and growth. He argues that a feminist-structuralist macro model seems to provide a general framework for further exploration.
Plenary Session III: Macroeconomic Policy Challenges
Chair: Eckhard Hein (Berlin School of Economics and Law)
Joelle Leclaire (SUNY Buffalo State Department of Economics & Finance): Fiscal and monetary policy for difficult times: MMT solutions (pdf)(Öffnet in einem neuen Fenster)
In the last plenary session, Joelle Leclaire gives an overview of fiscal and monetary policy from an MMT perspective and outlines her policy recommendations to address the current macroeconomic situation.
Jo Michell (University of the West of England): (Öffnet in einem neuen Fenster)Macroeconomic policy coordination: a new approach for the end of abundance (pdf)(Öffnet in einem neuen Fenster)
Jo Michell starts the second talk with the question whether we are at the end of the “age of abundance” and tentatively concludes that this is the case. He goes on to discuss the implications for macroeconomic theory and policy and for macro policy institutional design.
Sebastian Gechert (Chemnitz University of Technology): Fiscal policy: Post or new Keynesian? (pdf)(Öffnet in einem neuen Fenster)
Sebastian Gechert gives an overview on how well post-Keynesian new-Keynesian models match what is known from the empirical literature on fiscal policy and discusses implications for current policies.
Post-Keynesian economics, based on the original works of Keynes, Kalecki, Kaldor, Joan Robinson, Minsky and oth-ers, has been the main alternative to orthodox and mainstream macroeconomics for decades and has inspired the FMM since its beginning. The 2022 conference aims to take stock of post-Keynesian and other critical contributions with a focus on how they deal with current global macroeconomic challenges. These include high and rising imbal-ances and inequalities at national and global levels, and the need for social-ecological and economic transformation to address the environmental crisis. While these challenges require coordinated government intervention, both na-tionally and internationally, policymakers are faced with high public debt and, more recently, rising inflation rates. At the same time, the global financial architecture puts severe limits on the ability of countries in the Global South to conduct macroeconomic policies that can address the current economic and social challenges. We will discuss how post-Keynesians have analysed these problems applying different theoretical and empirical methods and have eco-nomic policy alternatives.
Programme (pdf)(Öffnet in einem neuen Fenster)
contact:
Sabine Nemitz
fmm[at]boeckler.de
Conference Overview
Post-keynesian / Heterodox Theory I
Chair: Miriam Rehm
Historical time and the current state of post-Keynesian growth theory
Ettore Gallo (The New School for Social Research), Mark Setterfield
Building blocks of a heterodox business cycle theory
Engelbert Stockhammer (King´s College London)
A monetary circuitist interpretation of the nature and role of the shadow banking System in modern economies(Öffnet in einem neuen Fenster)
Giuseppe Fontana (University of Leeds)
Dollarization: a post-Keynesian institutionnalist view(Öffnet in einem neuen Fenster)
Jean-François Ponsot (University Grenoble Alpes)
Supermultiplier & Demand
Chair: Jan Priewe
Autonomous demand-led growth and the supermultiplier: The theory, the model and applications(Öffnet in einem neuen Fenster)
Fabio Freitas (UFRJ), Ricardo Summa, Franklin Serrano
Conflict inflation and autonomous demand: A supermultiplier model with endogenous distribution
Guilherme Spinato Morlin (University of Siena), Riccardo Pariboni
The Open (economy) flank of Modern Monetary Theory (MMT) (Öffnet in einem neuen Fenster)
Johannes Schmidt (Karlsruhe University of Applied Sciences)
Centralization of capital and accumulation: Marx, Kalecki and Steindl
Ayoze Alfageme Ramirez (Université de Genève)
Minimum Wages / Working Hours
Chair: Dany Lang
False forecasts and misjudgments – minimum wage effects in paradigmatic differentiation
Camille Logeay (HTW Berlin), Alexander Herzog-Stein, Jürgen Kromphardt
Declining wage share and technological change: A panel VAR approach(Öffnet in einem neuen Fenster)
Ana Bottega (University of São Paulo and Made/USP), Rafael Ribeiro
Varieties of the rat race: Working hours in the age of abundance(Öffnet in einem neuen Fenster)
Till van Treeck (University Duisburg-Essen), Jan Behringer
How much employment has the minimum wage cost? Or: were the warning voices right after all?(Öffnet in einem neuen Fenster)
Toralf Pusch (WSI)
Employment / Labour Market
Chair: Barbara Fritz
Employment protection and its impact on the dynamics of employment and unemployment(Öffnet in einem neuen Fenster)
Jesus Ferreiro (University of the Basque Country), Carmen Gomez, Philip Arestis
The ongoing decline of middle-income jobs
Thomas Rabensteiner (University of Greenwich), Alexander Guschanski
Heterogeneity in unemployment expectations across working households and endogenous cyclical fluctuations in macroeconomic activity (Öffnet in einem neuen Fenster)
Gilberto Tadeu Lima (University of São Paulo), Jaylson Jair da Silveira
Policy constraints and conflicts: EU member state responses to high inflation
Andrew Watt (IMK Macroeconomic Policy Institute)
Ecological macroeconomics (modelling)
Chair: Sebastian Gechert
Make the pain go away - persistence of climate damages in an agent-based integrated assessment model
Severin Reissl (RFF-CMCC European Institute on Economics and the Environment), F. Lamperti, L. E. Fierro, J. Emmerling, M. Tavoni, A. Roventini
Circular economy in a simplified input-output stock-flow consistent dynamic model(Öffnet in einem neuen Fenster)
Marco Veronese Passarella (Leeds & Link Campus University of Rome)
Green public investment, consumption patterns and the ecological transition: A macroeconomic analysis
Maria Nikolaidi (University of Greenwich), Yannis Dafermos, Antoine Monserand
Schumpeterian Economics: Schumpeter beyond “creative destruction”
Chair: Peter Bofinger
Schumpeter in Practice: The Role of Credit for Industrial Policy in China(Öffnet in einem neuen Fenster)
Lisa Geißendörfer (Julius-Maximilians-Universität Würzburg), Thomas Haas
Why Schumpeter would have deserved a Nobel prize
Peter Bofinger (Julius-Maximilians-Universität Würzburg)
The role of the state in Schumpeterian economic policy
Patrick Kaczmarczyk (Julius-Maximilians-Universität Würzburg)
From the Quantity Theory of Money towards the Functional Differentiation of Credit: The role of non- GDP transactions in Germany, Italy and Switzerland(Öffnet in einem neuen Fenster)
Richard Senner (Schweizer Nationalbank)
Teaching Post-Keynesian Economics: Presentation of Current Textbooks
Chair: Alessandro Bramucci, Eckhard Hein
Introduction to macroeconomimcs: Pluralist and interactive
Alessandro Bramucci (HWR Berlin), Franz Prante, Allessandro Bramucci, Eckhard Hein, Achim Truger
Post-Keynesian economics: New foundations, 2nd edition
Mark Lavoie (University of Ottawa)
Macroeconoimc after Kalecki and Keynes: Post-Keynesian foundations(Öffnet in einem neuen Fenster)
Eckhard Hein (HWR Berlin)
Heterodox macroeconomics: Models of demand, distribution and Growth
Mark Setterfield (The New School for Social Research), Robert A. Blecker
Distribution I / Inequality
Chair: Jan Behringer
Distributive cycles and wage inequality: A Kaleckian Goodwin-inspired model(Öffnet in einem neuen Fenster)
Marina da Silva Sanches (University São Paulo)
A comparative analysis of fiscal response to the COVID-19 crisis in Germany and Ireland in the context of the growth model approach
Hendrik Becker
How large are hysteresis effects? Estimates from a Keynesian growth model(Öffnet in einem neuen Fenster)
Alejandro Gonzalez Castillo (Universidad de Chile), Steven Fazzari
Macroeconomic / structural issues
Chair: Jochen Hartwig
Informal economy and Kaleckian long-run equilibrium(Öffnet in einem neuen Fenster)
Henrique Bottura Paiva (University of Brasilia), Ricardo Silva Azevedo Araujo
Pensions and informality in a structuralist dual- economy model(Öffnet in einem neuen Fenster)
David Cano Ortiz (University of Siena)
Extending the SFC methodology to alternate heterodox economic theories(Öffnet in einem neuen Fenster)
Panos Stamoulis (University of Athens)
Towards network-based expectation formation – integration of social network analysis in a behavioral new Keynesian framework
Rafael Kothe (Bamberg University)
German economic policy issues
Chair: Svenja Flechtner
Talking exports: The representation of Germany’s current account in newspaper media(Öffnet in einem neuen Fenster)
Andreas Maschke (University of Leeds)
Second shift meets market: An evaluation of household labor‘s price in Germany(Öffnet in einem neuen Fenster)
Julia Francesca Engel (Kiel University)
Whose firm? German corporate sector resilience to financialization
Carmen Giovanazzi (University of Duisburg-Essen)
Wage distribution and the business cycle in Germany(Öffnet in einem neuen Fenster)
Mads R. Hansen (EPOG+)
Productivity / sectoral issues
Chair: Toralf Pusch
Which sectors are the sick ones? Sector-specific Dutch disease effects of the 2003 to 2013 commodity price boom in low- and middle-income countries(Öffnet in einem neuen Fenster)
Martin Middelanis (Freie Universität Berlin), Jimena Castillo
The effects of public investment in physical and social infrastructure on productivity - a panel data analysis(Öffnet in einem neuen Fenster)
Sophie Frew (University of Greenwich), Cem Oyvat, Ozlem Onaran
The Kaldor-Verdoorn law under alternative labor market conceptualizations(Öffnet in einem neuen Fenster)
Manya Budhiraja (University of Massachusetts)
Europe’s productivity puzzle: A two-sector productivity model and empirical evidence(Öffnet in einem neuen Fenster)
Ines Heck (University of Greenwich)
Distribution II
Chair: Rafael Wildauer
Fiscal policy and class conflict in Brazil (2000-2019): The net social wage and the limits of the redistributive experience(Öffnet in einem neuen Fenster)
Pedro R Marques (University of Sao Paulo)
Inequality, consumption emulation and growth(Öffnet in einem neuen Fenster)
Francesco Linguanti (University of Rome), Carlo D‘Ippoliti
Inequality and the balance of payments constraint growth: A decomposition of import income elasticities(Öffnet in einem neuen Fenster)
Clara Brenck (The New School for Social Research)
Ecological Transformation
Chair: Maria Nikolaidi
Investment conditions for a timely energy transition: An analysis through an agent-based, SFC input- output model(Öffnet in einem neuen Fenster)
Mattia Pettena (University of Genoa), Marco Raberto
Green macroeconomic policies, consumption patterns and household financial fragility: A stock-flow consistent perspective
Ali Berk Kökbudak (University of Greenwich), Maria Nikolaidi
Asset stranding, transition risks, and financial instability(Öffnet in einem neuen Fenster)
Louis Daumas (CIRED)
Effects of Environmental Damage in a One-Asset Heterogeneous Agent Model
Maike Korsinnek
Climate Macro and the Bielefeld Disequilibrium Approach: A Way Forward?
Chair: Christian Proaño (organized in collaboration with the Friede-Gard Stiftung)
Peter Flaschel’s Bielefeld School and Climate Macroeconomics: Some Proposals(Öffnet in einem neuen Fenster)
Gerd Schuster (Friede Gard Stiftung)
The Green-MKS system: A baseline environmental macro-Dynamic model(Öffnet in einem neuen Fenster)
Serena Sordi (Università di Siena), Marwil Dávila
A proposal for a carbon wealth tax: Modelling, empirics, and policy(Öffnet in einem neuen Fenster)
Willi Semmler (The New School for Social Research), Jose Pedro Bastos Neves
Could sector-oriented policies for the low-carbon transition be also used to stabilize inflation?
Oriol Vallès Codina (University College London)
Ecological macroeconomics (policy) I
Chair: Tom Bauermann
Fighting the climate crisis on the back of low-income households? An analysis of the redistributive macro effects of different carbon taxation policies
Andreas Lichtenberger (The New School for Social Research)
The Economic and environmental effects of a green employment of last resort: A sectoral multiplier analysis for the US(Öffnet in einem neuen Fenster)
Giuliano Toshiro Yajima (University of Rome), Nikolaos Rodousakis,George Soklis
How to finance green transition and sustainable development in Europe?(Öffnet in einem neuen Fenster)
Jesper Jespersen (Roskilde University)
Ecological consequences of western growth models(Öffnet in einem neuen Fenster)
Torsten Niechoj (Rhine-Waal University of Applied Sciences)
Minsky, country studies
Chair: Steven Fazzari
Understanding booms and busts: Which institutions drive cross-country differences in speculative house price cycles?
Engelbert Stockhammer (University of Greenwich), Karsten Kohler, Ben Tippet
The Athens stock exchange crash of the late 1990s: a Minsky-Kindleberger analysis
Michalis Nikiforos (University of Geneva), Antonios Gounalakis
México: A Minskyian case of financial fragility shaken by covid-19(Öffnet in einem neuen Fenster)
Samuele Bibi (Northumbria University), Luis Villanueva, Christian Bucio
Minsky meets Prebisch: The challenges of Peru in the 21st century(Öffnet in einem neuen Fenster)
Diego Guevara (National University of Colombia)
Future Growth Scenarios
Chair: Guiseppe Fontana
Labor market stability in a zero-growth economy (Öffnet in einem neuen Fenster)
Valeria Jimenez (HWR Berlin)
Economics for the future - inspiration from the writings of Polanyi(Öffnet in einem neuen Fenster)
Mogens Ove Madsen (Aalborg University)
Green Keynesianism and the global energy transition: Is the North-South divide deepening?(Öffnet in einem neuen Fenster)
Germán Bersalli (Institute for Advanced Sustainability Studies)
An SFC institutional model of the Central Bank-National Treasury interactions: the case of Brazil
Lidia Brochier (Federal university of Rio de Janeiro (UFRJ))
Development and structural issues
Chair: Marc Lavoie
Is financialisation of everyday life different in developing and emerging economies? A mixed-method study of financial inclusion in Brazil(Öffnet in einem neuen Fenster)
Thereza Balliester Reis (SOAS University of London)
Macroeconomic Determinants of South Africa’s Post-Apartheid Income Distribution(Öffnet in einem neuen Fenster)
Adam Aboobaker (University of the Witwatersrand)
Strategies for economic development in Brazil: A Structuralist-Keynesian approach(Öffnet in einem neuen Fenster)
Luiz Fernando de Paula (Federal University of Rio de Janeiro)
A structuralist model of the Palestinian economy(Öffnet in einem neuen Fenster)
Ibrahim Shikaki (Trinity College)
Wages / Bargaining Power
Chair: Camille Logeay
A composite index for worker’s bargaining power to understand the missing-inflation matter (Öffnet in einem neuen Fenster)
Enrico Sergio Levrero (Roma Tre University), Claudia Fontanari, Davide Romaniello
Management opposition in times of crisis
Patrick Nüß (Kiel University)
Misperception of privilege in the labour market
Daniel Mayerhoffer (Bamberg Otto-Friedrich-University), Jan Schulz-Gebhard
Productive and Monetary Constraints on Development from a Structuralist Perspective
Chair: Annina Kaltenbrunner
The international division of finance: Reassessing the peripheral condition in a financialised capitalism(Öffnet in einem neuen Fenster)
Édivo Oliveira (University of Campinas), Bruno De Conti
Costs and benefits of currency internationalisation: Theroy and the experience of emering countries(Öffnet in einem neuen Fenster)
Bianca Orsi (University of Leeds), Antonio José Alves Junior, André de Melo Modenesi
The hierarchy of crisis liquidity provision: Unequal access to the global financial safety net for developing countries and the role of central bank swaps(Öffnet in einem neuen Fenster)
Barbara Fritz, Marina Zucker Marques (UNCTAD), Laurissa Mühlich
Weakness of MMT as a Guide to Development Policy (Öffnet in einem neuen Fenster)
Esra Ugurlu (University of Leeds), Adam Aboobaker
Empirical SFC models for national economies
Chair: Mikael Randrup Byrialsen
Unconventional monetary policy in an econometric SFC model of the French economy(Öffnet in einem neuen Fenster)
Luis Reyes (Kedge Business School), Jacques Mazier
A prototype regional Stock-Flow consistent model(Öffnet in einem neuen Fenster)
Gennaro Zezza (Levy Economics Institute), Francesco Zezza
Income distribution, effective demand and wealth: Evidence from an empirical SFC-model for Denmark 2005-2020(Öffnet in einem neuen Fenster)
Mikael Randrup Byrialsen (Aalborg University), Sebastian Valdecantes
An empirical stock-flow consistent model of the Italian economy(Öffnet in einem neuen Fenster)
Rosa Canelli (University of Sannio)
Post-keynesian / Heterodox Theory II
Chair: Engelbert Stockhammer
Beyond the trilemma framework: A post-Keynesian approach to policy space and constraints
Nathalie Marins (University of Campinas Institute of Economics)
The Taylor rule as a stabilising device of the Goodwin-Foley liquidity-profit-rate cycles (Öffnet in einem neuen Fenster)
Ricardo Araujo (University of Brasilia), Helmar Moreira
Keynesian fiscal policy, economic growth and public debt dynamics (Öffnet in einem neuen Fenster)
Steven Fazzari (Washington University), Piero Ferri, Alejandro Golzalez Castillo
Internal vs external cost-push inflation in a profit-led economy(Öffnet in einem neuen Fenster)
Hamid Raza (Aalborg University), Thibault Laurentjoye
European economic policy I
Chair: Till van Treeck
The macroeconomic implications of financialisation on wealth and income distribution – a stock-flow consistent approach(Öffnet in einem neuen Fenster)
Huub Meijers (Maastricht University School of Business and Economics), Joan Muysken
GFC and regime shift in central and eastern Europe? Structural approach to labour markets of dependent market economies(Öffnet in einem neuen Fenster)
Maciej Grodzicki (Jagiellonian University), Michał Możdżeń
Monetary unification through novation: The Political economy of the TARGET system(Öffnet in einem neuen Fenster)
Steffen Murau (Boston University), Matteo Giordano
Globalisation / International Trade I
Chair: Heike Joebges
A core-periphery framework for understanding the place of Latin America in the global architecture of finance(Öffnet in einem neuen Fenster)
Nicole Cerpa-Vielma (University of Leeds), Gary Dymski
Financial integration, non-price competitiveness, and fiscal space in small open economies(Öffnet in einem neuen Fenster)
Alberto Botta (University of Greenwich), Giuliano Toshiro Yajima, Gabriel Porcile, Danilo Spinola
Getting into debt and exporting: Considerations on ‚growth models‘ from the study of the Swedish economy(Öffnet in einem neuen Fenster)
Juan Barredo Zuriarrain (University of the Basque Country), Luis Buendía
The puzzle of manufacturing divergence in Africa: A post-Keynesian interpretation(Öffnet in einem neuen Fenster)
Danilo Spinola (Birmingham City University), Emmanuel Mensah, Erez Yerushalmi
Monetary policy
Chair: Karsten Kohler
Monetary policy rules and the inequality-augmented Phillips curve(Öffnet in einem neuen Fenster)
Lilian Rolim (University of Campinas), Laura Carvalho, Dany Lang
Household debt, income distribution, and monetary policy(Öffnet in einem neuen Fenster)
Joana David Avritzer (The New School for Social Research), Frutuoso Santana
Monetary policy in Brazil under the inflation targeting regime from a contested terrain approach(Öffnet in einem neuen Fenster)
Fernando Ferrari-Filho (Federal University of Rio Grande do Sul), Assilio Araújo
Financialisation
Chair: Dirk Bezemer
Financialisation, macroeconomic regimes and the potentials for a progressive equality- and domestic demand-led regime – a post-Keynesian simulation approach(Öffnet in einem neuen Fenster)
Franz Prante (University of Duisburg-Essen), Eckhard Hein, Alessandro Bramucci
Inequality-constrained monetary policy in a financialised economy(Öffnet in einem neuen Fenster)
Luca E. Fierro (Scuola Superiore Sant‘Anna Pisa), Federico Giri, Alberto Russo
Dynamics of financialisation in emerging Europe(Öffnet in einem neuen Fenster)
Milka Kazandziska (University Bremen)
Bank regulation, climate crises and sustainable green finance
Linnit Pessoa (Unicamp - Universidade de Campinas), Ana Rosa Ribeiro de Mendonca, Fernanda Feil
Industrial policy in a world of changing globalisation
Chair: Christoph Scherrer
The need for industrial policy(Öffnet in einem neuen Fenster)
Hansjörg Herr (HWR Berlin)
The challenges of implementing industrial policy
Christoph Scherrer (Kassel University)
Industrial policy in the automotive industry in Germany, India and Brazil: Who was involved in the negotiation and how were resources used?
Christina Teipen (HWR Berlin), Helena Gräf
Industrial policy of digitization in Europe: Tailwind for productivity?(Öffnet in einem neuen Fenster)
Christian Kellermann (HTW Berlin)
European Economic Policy II
Chair: Andrew Watt
Wage bargaining coordination, taxation and labor costs: The Effects of fiscal devaluation(Öffnet in einem neuen Fenster)
Mario Holzner (The Vienna Institute for International Studies (wiiw))
Labor costs, KIBS, and export performance: A comparative analysis of Germany and Mediterranean economies(Öffnet in einem neuen Fenster)
Daniel Herrero (Complutense Institute of International Studies, ICEI), Adrián Rial
Labour cost, competitiveness and imbalances within the Eurozone(Öffnet in einem neuen Fenster)
Loïck Tange (Lille University)
Inflation in times of overlapping emergencies: Systemically significant prices from an input-output perspective
Isabella Weber (University Massachussets), Jesus Lara Jauregui, Lucas Teixeira, Luiza Nassif Pires
Ecological macroeconomics (policy) II
Chair: Trevor Evans
Envrionmental regulation, macrofinancial stability and climate policy mixes
Yannis Dafermos (SOAS University of London), Maria Nikolaidi
Monetary policy and ecological crisis: Towards a climate justice approach(Öffnet in einem neuen Fenster)
Martin Sokol (Trinity College Dublin), Jennie Stephens
The macroeconomic effects of an ambitious green deal(Öffnet in einem neuen Fenster)
Rafael Wildauer (University of Greenwich), Jakob Kapeller, Stuart Leitch
Not enough money? Exploring the financing bias in climate policies(Öffnet in einem neuen Fenster)
Dirk Bezemer (University of Groningen)
Gender
Chair: Paloma Villanueva
Fields of study choices and gender income inequalities in Germany(Öffnet in einem neuen Fenster)
Svenja Flechtner (University of Siegen), Carlo D‘Ippoliti
At the intersection between class and gender: Unpaid care work and macroeconomic demand regimes(Öffnet in einem neuen Fenster)
Raghavendra Srinivas (National University of Ireland)
Intersectionality and growth models – who benefits from the German Export-Led employment?(Öffnet in einem neuen Fenster)
Pauline Kohlhase (Max-Planck-Institut für Gesellschaftsforschung), Miriam Rehm
Inequality
Chair: Malcolm Sawyer
A model of stratification, group conflict and inequality(Öffnet in einem neuen Fenster)
Daniele Tavani (Colorado State University)
Inequality and stagnation: The role of knowledge monopolization(Öffnet in einem neuen Fenster)
Özgür Orhangazi (Kadir Has University)
Aggregate consumption, perception networks and functional inequality (Öffnet in einem neuen Fenster)
Jan Schulz-Gebhard (University of Bamberg)
Fiscal Policy
Chair: Torsten Niechoj
The impact of government debt on the distribution of income(Öffnet in einem neuen Fenster)
Sven Schnellbacher (Karlsruhe University of Applied Sciences), Hagen Krämer
The distributional effects of unconventional fiscal policy
Jan Behringer (IMK Macroeconomic Policy Institute), Sebastian Dullien, Sebastian Gecher
The informational index of income inequality(Öffnet in einem neuen Fenster)
Paulo dos Santos (The New School for Social Research)
Productive and Monetary Constraints on Development from a Structuralist Perspective II
Chair: Bianca Orsi
Financial dependency and domestic economic policy constraint in the new millennium(Öffnet in einem neuen Fenster)
Carlos Aguiar de Medeiros (IE/UFRJ)
Rentiers and capitalists: Intra-capital conflict, public goods and financial globalization(Öffnet in einem neuen Fenster)
Gabriel Porcile (ECLAC), Gilberto Tadeu Lima
Premature de-industrialisation, premature financialisation and productive development: Advancing an intefratted structuralist perspecive
Antonio Andreoni (SOAS University of London), Fiona Tregenna, Sophie van Huellen
Deindustrialisation and financialisation - an empirical estimation
Jimena Castillo (University of Leeds)
Globalisation / International Trade II
Chair: Adam Aboobaker
Reducing the dollar hegemony – a new proposal for global monetary reform(Öffnet in einem neuen Fenster)
Jan Priewe (HTW Berlin)
Offshoring via vertical FDI in a long-run Kaleckian model(Öffnet in einem neuen Fenster)
Ryan Woodgate (Berlin School of Economics and Law, Université Sorbonne Paris Nord)
Weak sectors and weak ties? Labour dependence and asymmetric positioning in GVCs(Öffnet in einem neuen Fenster)
Lorenzo Cresti (Sant‘Anna School of Advanced Studies), Maria Enrica Virgillito
The dynamics of international exploitation(Öffnet in einem neuen Fenster)
Roberto Veneziani (Queen Mary University of London), Jonathan Cogliano, Naoki Yoshihara
Demand Regimes / Growth Models
Chair: Yannis Dafermos
An analysis of the patterns of economic growth in the US: Autonomous demand components and their divergent multipliers(Öffnet in einem neuen Fenster)
Maria Cristina Barbieri Góes (University of Rome 3)
Estimating demand regimes in the EU using common factor models
Emilia Marsellou (Centre of Planning and Economic Research (KEPE)), Ilias Kostarakos
The determinants of homeowners‘ financial vulnerability over the house price cylce: An Agent-Based analysis with a housing wealth effect(Öffnet in einem neuen Fenster)
Ruben Tarne (University of Groningen)
Balance sheet recession under different saving regime of firm: Lessons from nonlinear effects of saving crisis and secular stagnation in Japan(Öffnet in einem neuen Fenster)
Yuki Tada (The New School for Social Research)
Asset Markets / Market Power
Chair: Hansjörg Herr
Stable profit rates in a time of rising market power: The role of financial and intangible assets in the U.S. corporate sector(Öffnet in einem neuen Fenster)
Joao Paulo de Souza (University of Massachusetts), Leila Davis
The effect of dividend payouts on firm-level R&D(Öffnet in einem neuen Fenster)
Thomas Goda (University EAFIT), Cristhian Larrahondo
What explains stock market returns above economic growth? (Öffnet in einem neuen Fenster)
Heike Joebges (HTW Berlin), Ferdinand Fichtner
We are all strings of a LIRE: Monetary policy in a financialized economy, a hybrid AB-SFC macro model
Alberto Botta (Università degli Studi dell’Insubria), Alberto Russo, Eugenio Caverzasi
Social policy and Employment
Chair: Özlem Onaran
The wage and employment issue in Italy. A comparison with the Eurozone‘s largest economies (Öffnet in einem neuen Fenster)
Nicolò Giangrande (Giuseppe Di Vittorio Foundation (FDV))
Universal basic income versus universal basic services in a Kaleckian model(Öffnet in einem neuen Fenster)
Yavuz Yasar (University of Denver), Mark B. Lautzenheiser
Gender asymmetries in the Spanish labour market(Öffnet in einem neuen Fenster)
Paloma Villanueva (Complutense Institute for International Studies)
Heterogeneous expectations, housing bubbles and tax policy(Öffnet in einem neuen Fenster)
Carolin Martin (IMK Macroeconomic Policy Institute)
Productivity, innovation and distribution
Chair: Mario Holzner
Induced innovation, the distributive cycle, and the changing pattern of labour productivity cyclicality: a SVAR analysis for the US economy(Öffnet in einem neuen Fenster)
Marco Stamegna (University of Siena)
The determinants of productivity growth in manufacturing Industries: Evidence for 14 European countries based on local projections(Öffnet in einem neuen Fenster)
Claudia Fontanari (University of Rome 3)
Business cycle and factor income shares: A VAR sign restriction approach(Öffnet in einem neuen Fenster)
Lorenzo Tonni (University of Rome)
Is capacity utilization variable in the long run? An agent- based sectoral approach to modeling hysteresis in the normal rate of capacity utilization(Öffnet in einem neuen Fenster)
Tom Bauermann (IMK), Mark Setterfield, Dany Lang, Federico Bassi
Frontiers in Growth Regime Research - Theoretical Perspectives and Country Cases
Chair: Benjamin Jungmann
Varieties of growth regimes - a review of post- Keynesian perspectives(Öffnet in einem neuen Fenster)
Eckhard Hein (Berlin School of Economics and Law)
Political economy of growth regimes in Poland and Turkey(Öffnet in einem neuen Fenster)
Ümit Akcay (Berlin School of Economics and Law), Benjamin Jungmann
A supermultiplier demand-led growth accounting analysis applied to the Spanish economy (1998-2019)(Öffnet in einem neuen Fenster)
Hector Labat (Berlin School for Economics and Law), Ricardo Summa
Housing cycles and growth models(Öffnet in einem neuen Fenster)
Karsten Kohler (University of Leeds), Benjamin Tippet, Engelbert Stockhammer