Recent papers
An empirical evaluation of three post Keynesian models
With Ben Zipperer. Working Paper 2010-08
Labor heterogeneity, inequality and institutional change
Working Paper 2010-09
Employment and Distribution Effects of the Minimum Wage
With Fabian Slonimczyk. Working Paper 2010-03, University of Massachusetts Amherst.
The Real Exchange Rate as an Instrument of Development Policy
With
Arslan Razmi and Martin Rapetti. Working Paper 2009-07,
Cyclical patterns of employment, utilization and profitability
With Ben Zipperer. UMass wp 2010-02. Forthcoming (with minor revisions) in Journal of Post Keynesian Economics.
UMass wp 2010-07. Forthcoming (with minor revisions) in Homo Oeconomicus.
Power biased technological change, endogenous mismatch and institutional change
Forthcoming in The New School Economic Review, Fall 2010, Vol. 4 (1).
Theoretical and Empirical Shortcomings of the Kaleckian Investment Function
UMass wp 2008-11. Revised version to appear in Metroeconomica
Dynamic patterns of accumulation and income distribution
With Ben Zipperer. Kikan Keizai-Riron (Political Economy Quarterly), 2010, 46 (4), pp.34-53 (in Japanese).
UMass wp 2008-12. Published (with minor revisions) in M. Setterfield (ed.) Handbook of Alternative Theories of Economic Growth, Edward Elgar, 2010.
Keynesian Dynamics and the AD-AS Framework
With Amitava Dutt. Published (with minor revisions) in C. Chiarella, P. Flaschel, R. Franke and C. Proano Lectures on Macrodynamic Theory, Routledge, 2010
Financialization in Kaleckian Economies With and Without Labor Constraints
With Soon Ryoo. UMass wp 2008-05. Published (with minor revisions) in Intervention – European Journal of Economics and Economic Policies, 2008
With Fred Guy. UMass wp 2007-11. Published (with minor revisions) in Journal of Income Distribution, 2008, 17 (3-4), pp. 71-92.
"Macroeconomic implications of financialization"
With Soon Ryoo. UMass wp 2007-08. Forthcoming (with minor revisions) in Cambridge Journal of Economics, 2008, 32 (6), pp.827-862.
“Power, productivity and profits”
With Fred Guy. In M. Braham and F. Steffen (eds) Dimensions of Power: Concepts, Models, and Applications, Springer Verlag, 2008, pp. 385-404.
“Japanese growth and stagnation”
With Takeshi Nakatani. Published with minor revisions in Structural Change and Economic Dynamics, 2007, Vo. 18, Iss. 3, pp. 306-332
“A Model of Power-Biased Technological Change”
With Fred Guy. Published with minor revisions in Economics Letters, 2007, Vol. 95, No. 1, pp. 124-131.
“Power-Biased Technological Change and the Rise in Earnings Inequality”
With Fred Guy. UMass wp 2005-17.
“Wage Inequality and Overeducation in a Model with Efficiency Wages”
Published (with minor revisions) in Canadian Journal of Economics, 2006, vol. 39 (1), pp. 94-123.
“Steindlian models of growth and stagnation”
With P. Flaschel. Published (with minor revisions) in Metroeconomica, 2006, 57:3, pp. 303-338.
“Keynesian Theory and the AD-AS Framework: A Reconsideration”
With Amitava K. Dutt. Published (with minor revisions) in C. Chiarella, P. Flaschel, R. Franke and W. Semmler (eds) Quantitative and Empirical Analysis of Nonlinear Dynamic Macromodels, Elsevier, 2006, pp. 415-448.
“Prosperity and Stagnation in Capitalist Economies”
With T. Asada and P. Flaschel. Published (with minor revisions) in C. Chiarella, P. Flaschel, R. Franke and W. Semmler (eds) Quantitative and Empirical Analysis of Nonlinear Dynamic Macromodels, Elsevier, 2006, pp. 415-448.
“Fairness as a Source of Hysteresis in Employment and Relative Wages”.
Published (with minor revisions) in Journal of Economic Behavior and Organization, Vol 57, 2005, pp. 305-331.
Published (with minor revisions) in Bill Gibson (ed.) Joan Robinson’s Economics: A Centennial Celebration, Edward Elgar, 2005, pp. 173-194.
“Election Campaigns, Agenda Setting and Electoral Outcomes”
With M. Holler. Published (with minor revisions) in Public Choice, 2005, pp. 215-228.
“Wage Inequality and Skill Asymmetries”.
With P. Auerbach. Published (with minor revisions) in M. Setterfield (ed.) Interactions in Analytical Political Economy: Theory, Policy and Applications, M.E. Sharpe, 2005, pp. 27-54.
With P. Auerbach. In M. Setterfield (ed.) Interactions in Analytical Political Economy: Theory, Policy and Applications, M.E. Sharpe, 2005, pp. 61-66.
“Economic Explanation, Ordinality and the Adequacy of Analytic Specification”
With D. Katzner. Published (with minor revisions) in Journal of Economic Methodology, 2004, pp. 437-453.