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Working Papers

  • In the course of its history, the Department of Economics at The New School for Social Research has taken a broad and critical approach to the field, giving voice to classical political economy, neoclassical economics, and Keynesian economics.

    In accordance with this tradition, the Economics Department Working Papers series presents the most recent research by NSSR scholars to promote academic debate and to shape the evolution of the economics profession.

    For more information about the Economics Department Working Papers series, contact assistant professor Christian Proaño.

  • Publication Year 2014

    Rahul Lahoti, Arjun Jayadev, Sanjsu G. Reddy

    The Global Consumption and Income Project (GCIP): An Introduction and Preliminary Findings

    NSSR Working Paper 02/2014 (PDF)

    Matthieu Charpe, Carl Chiarella, Peter Flaschel, Christian R. Proaño

    Business Confidence and Macroeconomic Dynamics in a Nonlinear Two-Country Framework with Aggregate Opinion Dynamics

    NSSR Working Paper 01/2014 (PDF)

    Publication Year 2013

    Matthieu Charpe, Peter Flaschel, Hans-Martin Krolzig, Christian R. Proaño, Willi Semmler, Daniele Tavani

    Credit-Driven Investment, Heterogeneous Labor Markets and Macroeconomic Dynamics

    NSSR Working Paper 01/2013 (PDF)

    Isis Gaddis, Stephan Klasen

    Economic Development, Structural Change and Women's Labor Force Participation. A Reexamination

    NSSR Working Paper 02/2013 (PDF)

    Markus P. A. Schneider

    Race & Gender Differences in the Experience of Earnings Inequality in the US from 1995 to 2010

    NSSR Working Paper 03/2013 (PDF)

    Christian Proaño, Christian Schoder, and Willi Semmler

    Financial Stress, Sovereign Debt and Economic Activity in Industrialized Countries: Evidence from Nonlinear Dynamic Panels

    NSSR Working Paper 04/2013 (PDF)

    Rex A. McKenzie

    Financialization and Labor: What Does Marikana Tell Us About Inequality in South Africa?

    NSSR Working Paper 05/2013 (PDF)

    Christian Schoder

    Effective Demand, Exogenous Normal Utilization and Endogenous Capacity in the Long Run. Evidence from a CVAR Analysis for the U.S.

    NSSR Working Paper 06/2013 (PDF)

    Miriam Rehm and Ali Asjad Naqvi

    Migration Feedback Effects in Networks. An Agent-Based Model

    NSSR Workshop Paper 07/2013 (PDF) 

    Publication Year 2012

    Christian Schoder

    Hysteresis in the Kaleckian growth model: a Bayesian analysis for the US manufacturing sector from 1984 to 2007

    NSSR Working Paper 01/2012 (PDF)


    Rudiger von Arnim, Daniele Tavani, Laura Barbosa de Carvalho

    Globalization as coordination failure: A Keynesian perspective

    NSSR Working Paper 02/2012 (PDF)


    Laura Barbosa de Carvalho

    Current Account Imbalances and Economic Growth: a two-country model with real-financial linkages

    NSSR Working Paper 03/2012 (PDF)


    David Stubbs

    Adopting a Currency Transaction Tax When Avoidance is a Possibility: Which Currencies Would Take the Lead and What Rate Could They Charge?

    NSSR Working Paper 04/2012 (PDF)


    Christian Proaño, Thomas Theobald

    Predicting German Recessions with a Composite Real-Time Dynamic Probit Indicator

    NSSR Working Paper 05/2012 (PDF)


    Anwar Shaikh

    Rethinking Microeconomics: A Proposed Reconstruction

    NSSR Working Paper 06/2012 (PDF)


    Daniele Tavani, Ramaa Vasudevan

    Capitalists, Workers and Managers: Wage Inequality and Effective Demand

    NSSR Working Paper 07/2012 (PDF)


    Ali Asjad Naqvi, Miriam Rehm

    SHELscape: A Multi-agent Policy Toolkit

    NSSR Working Paper 08/2012 (PDF)

    Publication Year 2011

    Lance Taylor

    Growth, Cycles, Asset Prices, and Finance

    NSSR Working Paper 01/2011 (PDF)


    Christian Proaño

    Monetary Policy Rules and Macroeconomic Stabilization in Small Open Economies under Behavioral FX Trading: Insights from Numerical Simulations

    NSSR Working Paper 02/2011 (PDF)


    Daniele Tavani

    Bargaining Over Productivity and Wages

    NSSR Working Paper 03/2011 (PDF)


    Tarron Khemraj, Christian Proaño

    Excess Bank Reserves and Monetary Policy with a Lower-Bound Lending Rate

    Working Paper 04/2011 (PDF)


    Michalis Nikiforos, Duncan Foley

    Distribution and Capacity Utilization: Conceptual Issues and Empirical Evidence

    Working Paper 05/2011 (PDF)


    Peter Spiegler, William Milberg

    Methodenstreit 2011? Historical Perspective on the Contemporary Debate Over How to Reform Economics

    NSSR Working Paper 06/2011 (PDF)


    Carl Chiarella, Peter Flaschel, Florian Hartmann, Christian Proaño

    Stock Market Booms, Endogenous Credit Creation and the Implications of Broad and Narrow Banking for Macroeconomic Stability

    NSSR Working Paper 07/2011 (PDF)


    Jonathan Cogliano

    Smith's "Perfect Liberty" and Marx's Equalized Rate of Surplus-Value

    NSSR Working Paper 08/2011 (PDF)


    Xiao Jiang

    Trade Expansion and Employment Generation: How Mercantilist Does China Have to Be?

    NSSR Working Paper 09/2011 (PDF)


    Armon Rezai

    Goodwin Cycles, Distributional Conflict, and Productivity Growth

    NSSR Working Paper 10/2011 (PDF)


    Armon Rezai

    The Political Economy Implications of General Equilibrium Analysis in Open Economy Macro Models

    NSSR Working Paper 11/2011 (PDF)


    Christian Proaño

    Gradual Wage-Price Adjustments, Labor Market Frictions and Monetary Policy Rules

    NSSR Working Paper 12/2011 (PDF)


    Deborah Winkler, William Milberg

    Classical and Neoclassical Theories of Offshore Outsourcing

    NSSR Working Paper 13/2011 (PDF)


    Christian Proaño

    Should Monetary Policy Take Account of National Labor Market Asymmetries in a Currency Union?

    NSSR Working Paper 14/2011 (PDF)


    Roberto Lampa

    A "Walrasian Post-Keynesian" Model? Resolving the Paradox of Oskar Lange's 1938 Theory of Interest

    NSSR Working Paper 15/2011 (PDF)


    Michalis Nikiforos

    On the Desired Rate of Capacity Utilization

    NSSR Working Paper 16/2011 (PDF)

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