Mark Setterfield

New School for Social Research

Professor of Economics

6 East 16th Street

New York, NY 10003

United States

  • New School for Social Research

SCHOLARLY PAPERS

62

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69

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25

Scholarly Papers (62)

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1.

Path Dependency, Hysteresis and Macrodynamics

Number of pages: 61 Posted: 24 Nov 2008 Last Revised: 20 Jan 2009
Mark Setterfield
New School for Social Research
Downloads 241 (210,977)
Citation 3

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hysteresis, path dependency, macrodynamics

2.

Economic Growth and Development

Trinity College Department of Economics Working Paper No. 14-04
Number of pages: 28 Posted: 27 Apr 2014
Mark Setterfield
New School for Social Research
Downloads 211 (239,431)

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Economic growth, divergence, demand-led growth, Keynesian growth theory

3.

Neoclassical Growth Theory and Heterodox Growth Theory: Opportunities for and Obstacles to Greater Engagement

Number of pages: 34 Posted: 17 Dec 2009
Mark Setterfield
New School for Social Research
Downloads 201 (250,428)
Citation 4

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Neoclassical growth theory, heterodox growth theory, endogenous growth

4.

Nominal Exchange Rate Shocks and Inflation in an Open Economy: Towards a Structuralist Inflation Targeting Agenda

Number of pages: 55 Posted: 08 Jun 2017
Eduardo Bastian and Mark Setterfield
Universidade Federal do Rio de Janeiro (UFRJ) and New School for Social Research
Downloads 182 (273,628)
Citation 2

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inflation, strato-inflation, nominal exchange rate shocks, conflicting claims, hysteresis, capital controls, industrial policy

5.

The Remarkable Durability of Thirlwall’s Law

Downloads 181 (274,910)
Citation 4

The Remarkable Durability of Thirlwall’s Law

Trinity College Department of Economics Working Paper No. 11-05
Number of pages: 38 Posted: 03 Jun 2011
Mark Setterfield
New School for Social Research
Downloads 108 (415,603)
Citation 2

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Thirlwall’s Law, Balance-of-Payments-Constrained Growth, Export-Led Growth, Demand-Led Growth, Natural Rate of Growth

The Remarkable Durability of Thirlwall’s Law

PSL Quarterly Review, Forthcoming
Number of pages: 35 Posted: 02 May 2012 Last Revised: 04 May 2012
Mark Setterfield
New School for Social Research
Downloads 73 (535,241)

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Thirlwall’s law, balance-of-payments-constrained growth, export-led growth, demand-led growth, natural rate of growth

6.

Heterodox Economics, Social Ontology, and the Use of Mathematics

Number of pages: 11 Posted: 08 Mar 2015
Mark Setterfield
New School for Social Research
Downloads 177 (280,394)
Citation 3

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Mathematical modeling, social ontology, open systems, critical realism, heterodox economics

7.

A Theory of Aggregate Consumption

Trinity College of Economics Working Paper 13-01
Number of pages: 30 Posted: 03 Feb 2013
Yun Kim, Mark Setterfield and Yuan Mei
Trinity College (Hartford CT), New School for Social Research and Trinity College (Hartford CT) - Department of Economics
Downloads 160 (305,529)
Citation 1

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consumption, household borrowing, household debt, relative income hypothesis

8.

Endogenous Growth: A Kaldorian Approach

Number of pages: 41 Posted: 02 May 2010
Mark Setterfield
New School for Social Research
Downloads 153 (317,404)
Citation 7

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endogenous growth, Kaldor, path dependence, demand-led growth, technical change, institutions, natural rate of growth

9.

Anticipations of the Crisis: On the Similarities between Post Keynesian Economics and Regulation Theory

Number of pages: 32 Posted: 10 Sep 2010
Mark Setterfield
New School for Social Research
Downloads 144 (333,267)
Citation 2

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Post Keynesian Economics, Regulation Theory, Great Recession, financial crisis

10.

An Essay on Horizontalism, Structuralism and Historical Time

Trinity College Department of Economics Working Paper No. 14-02
Number of pages: 14 Posted: 05 Mar 2014
Mark Setterfield
New School for Social Research
Downloads 142 (337,028)
Citation 3

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Endogenous money, horizontalism, structuralism, historical time, supply of credit

11.

Path Dependency

Number of pages: 14 Posted: 23 Sep 2015
Mark Setterfield
New School for Social Research
Downloads 139 (342,696)

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Path dependency, cumulative causation, lock in, hysteresis, equilibrium, fundamental uncertainty, resilience

12.

Real Wages, Aggregate Demand, and the Macroeconomic Travails of the US Economy: Diagnosis and Prognosis

Trinity College Department of Economics Working Paper No. 10-05
Number of pages: 38 Posted: 29 Aug 2010
Mark Setterfield
New School for Social Research
Downloads 134 (352,635)
Citation 5

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real wage growth, productivity growth, aggregate demand, household debt, Great Recession

13.

Inequality, Debt Servicing, and the Sustainability of Steady State Growth

Downloads 126 (369,344)
Citation 3

Inequality, Debt Servicing, and the Sustainability of Steady State Growth

Number of pages: 29 Posted: 24 Oct 2014 Last Revised: 19 Nov 2014
Mark Setterfield, Yun K. Kim and Jeremy Rees
New School for Social Research, University of Massachusetts Boston and Trinity College (Hartford CT)
Downloads 75 (526,806)
Citation 1

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Consumer debt, emulation, income distribution, Golden Age regime, Neoliberal regime, expenditure cascades, growth

Inequality, Debt Servicing, and the Sustainability of Steady State Growth

Institute for New Economic Thinking Working Paper Series No. 31
Number of pages: 30 Posted: 19 Nov 2015
Mark Setterfield, Yun Kim and Jeremy Rees
New School for Social Research, University of Massachusetts Boston - Department of Economics and Trinity College (Hartford CT)
Downloads 51 (644,117)
Citation 1

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Consumer debt, emulation, income distribution, Golden Age regime, Neoliberal regime, expenditure cascades, growth

14.

Inflation and Distribution during the post-COVID Recovery: A Kaleckian Approach

Number of pages: 34 Posted: 20 Oct 2022
Mark Setterfield
New School for Social Research
Downloads 121 (380,725)

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Inflation, COVID-19, conflicting claims, wage share, income distribution

15.

Structural Change in the US Phillips Curve, 1948–2021: The Role of Power and Institutions

Number of pages: 33 Posted: 30 Jan 2022 Last Revised: 09 Jun 2022
Mark Setterfield, Robert A. Blecker and Robert A. Blecker
New School for Social Research and American UniversityAmerican University - Center for Latin American & Latino Studies (CLALS)
Downloads 120 (383,020)
Citation 2

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Phillips Curve, inflation, unemployment, natural rate hypothesis, bargaining power, institutions

16.

Household Borrowing and the Possibility of 'Consumption-Driven, Profit-Led Growth'

Downloads 114 (397,404)
Citation 3

Household Borrowing and the Possibility of 'Consumption-Driven, Profit-Led Growth'

Institute for New Economic Thinking Working Paper Series No. 39
Number of pages: 26 Posted: 22 Feb 2016
Mark Setterfield and Yun K. Kim
New School for Social Research and University of Massachusetts Boston
Downloads 77 (518,801)
Citation 3

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Borrowing, saving, emulation, debt servicing, wage-led growth, profit-led growth

Household Borrowing and the Possibility of 'Consumption-Driven, Profit-Led Growth'

The New School for Social Research, Working Paper 01/2016
Number of pages: 27 Posted: 01 Feb 2016
Mark Setterfield and Yun K. Kim
New School for Social Research and University of Massachusetts Boston
Downloads 37 (735,387)

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Borrowing, saving, emulation, debt servicing, wage-led growth, profit-led growth

17.

A Keynes-Kalecki Model of Cyclical Growth with Agent-Based Features

MICROECONOMICS, MACROECONOMICS AND ECONOMIC POLICY: ESSAYS IN HONOUR OF MALCOLM SAWYER, P. Arestis, ed., Palgrave, 2010
Number of pages: 36 Posted: 16 Sep 2010
Mark Setterfield and Andrew Budd
New School for Social Research and affiliation not provided to SSRN
Downloads 113 (400,032)
Citation 2

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Kaleckian Model, Growth, Cycles, Agent-Based Computational Economics

18.

Political Aspects of Household Debt

Number of pages: 31 Posted: 23 Aug 2017
Yun K. Kim, Gilberto Tadeu Lima and Mark Setterfield
University of Massachusetts Boston, University of São Paulo (USP) - Department of Economics and New School for Social Research
Downloads 111 (405,222)
Citation 4

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Consumer debt, employment rent, cost of job loss, bargaining power, income distribution, growth, stability

19.

Post-Keynesian Macrodynamics and Path-Dependent Growth

Trinity College Department of Economics Working Paper 10-09
Number of pages: 29 Posted: 08 Oct 2010
Mark Setterfield
New School for Social Research
Downloads 110 (407,902)

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Post-Keynesian growth theory, neoclassical growth theory, endogenous growth, path dependence

20.

Debt Servicing, Aggregate Consumption, and Growth

Downloads 103 (427,343)
Citation 4

Debt Servicing, Aggregate Consumption, and Growth

Institute for New Economic Thinking Working Paper Series No. 30
Number of pages: 34 Posted: 19 Nov 2015
Mark Setterfield and Yun Kim
New School for Social Research and University of Massachusetts Boston - Department of Economics
Downloads 56 (615,996)
Citation 1

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Consumer debt, emulation, income distribution, Golden Age regime, Neoliberal regime, expenditure cascades, growth

Debt Servicing, Aggregate Consumption, and Growth

Number of pages: 34 Posted: 08 Dec 2013
Mark Setterfield and Yun Kim
New School for Social Research and Trinity College (Hartford CT)
Downloads 47 (668,067)
Citation 4

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Consumer debt, emulation, income distribution, Golden Age regime, Neoliberal regime, expenditure cascades, growth

21.

A Simple Analytical Model of the Adverse Real Effects of Inflation

Number of pages: 36 Posted: 31 Aug 2015
Eduardo Bastian and Mark Setterfield
Universidade Federal do Rio de Janeiro (UFRJ) and New School for Social Research
Downloads 94 (454,339)
Citation 2

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Inflation, strato-inflation, hyper-inflation, indexation, conflicting claims, uncertainty, growth.

22.

Aggregate Structural Macroeconomic Modelling: A Reconsideration and Defence

Number of pages: 38 Posted: 19 Aug 2012
Mark Setterfield and Shyam Gouri Suresh
New School for Social Research and Davidson College
Downloads 93 (457,502)

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Macroeconomics, microfoundations, macrofoundations, aggregate structural models

23.

Exploring the Supply Side of Kaldorian Growth Models

Trinity College Department of Economics Working Paper No. 12-06
Number of pages: 28 Posted: 22 Jul 2012
Mark Setterfield
New School for Social Research
Downloads 91 (463,859)
Citation 1

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demand-led growth, potential rate of growth, natural rate of growth, Kaldorian growth models

24.

Aggregate Consumption and Debt Accumulation: An Empirical Examination of US Household Behavior

Trinity College Department of Economics Working Paper No. 12-04
Number of pages: 54 Posted: 27 Jun 2012
Yun Kim, Mark Setterfield and Yuan Mei
Trinity College (Hartford CT), New School for Social Research and Trinity College (Hartford CT) - Department of Economics
Downloads 91 (463,859)
Citation 2

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Consumption, household borrowing, household debt, life cycle hypothesis, relative income hypothesis

25.

Expectations and Stability in the Kaleckian Growth Model

The New School for Social Research, Working Paper 2/2016
Number of pages: 24 Posted: 11 Apr 2016
Gilberto Tadeu Lima and Mark Setterfield
University of São Paulo (USP) - Department of Economics and New School for Social Research
Downloads 83 (490,779)

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Keynesian stability condition, expectations, Kaleckian growth model

26.

Rising Income Inequality, Increased Household Indebtedness, and Post-Keynesian Macrodynamics

Number of pages: 11 Posted: 05 Nov 2014 Last Revised: 19 Nov 2014
Mark Setterfield
New School for Social Research
Downloads 78 (508,963)

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Consumer debt, emulation, income distribution, Golden Age growth regime, Neoliberal growth regime

27.

The Cost Channel of Monetary Policy in a Post Keynesian Macrodynamic Model of Inflation and Output Targeting

Trinity College Department of Economics Working Paper No. 11-02
Number of pages: 37 Posted: 10 May 2011
Mark Setterfield and Gilberto Tadeu Lima
New School for Social Research and University of São Paulo (USP) - Department of Economics
Downloads 78 (508,963)
Citation 2

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cost channel of monetary policy, incomes policy, inflation targeting, macroeconomic stability

28.

Historical Time and the Current State of Post-Keynesian Growth Theory

The New School for Social Research Working Paper 04/2022
Number of pages: 29 Posted: 02 May 2022
Ettore Gallo and Mark Setterfield
New School For Social Research and New School for Social Research
Downloads 74 (524,567)

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Historical time, economic growth, provisional equilibrium, traverse, shifting equilibrium

29.

Real and Financial Crises

Trinity College Department of Economics Working Paper No. 13-09
Number of pages: 36 Posted: 23 Jul 2013
Bill Gibson and Mark Setterfield
University of Vermont - Department of Economics and New School for Social Research
Downloads 74 (524,567)

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stock market, crash, bubbles, herding, adaptation, agent-based models

30.

How the Great Moderation Became a (Contained) Depression and What to Do about It

Trinity College Department of Economics Working Paper 13-03
Number of pages: 13 Posted: 20 Feb 2013
Barry Z. Cynamon, Steven M. Fazzari and Mark Setterfield
Better Future Forward, Washington University in St. Louis and New School for Social Research
Downloads 63 (571,493)
Citation 1

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Great Recession, Great Moderation, economic recovery, Keynesian macroeconomics

31.

Contemporary Macroeconomic Outcomes: A Tragedy in Three Acts

This paper is excerpted from Capitalism, Inclusive Growth, and Social Protection: Inherent Contradiction or Achievable Vision? (Edward Elgar, Forthcoming).
Number of pages: 49 Posted: 09 Mar 2021
Peter Flaschel, Sigrid Luchtenberg, Hagen Krämer, Christian Proaño and Mark Setterfield
Bielefeld University - Department of Business Administration and Economics, Fakultät für Bildungswissenschaften, affiliation not provided to SSRN, Otto-Friedrich-Universität Bamberg and New School for Social Research
Downloads 61 (580,554)

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Neoliberalism, incomes policy based on fear, household debt, Goodwin pattern

32.

Time Variation in the Size of the Multiplier: A Kalecki-Harrod Approach

Number of pages: 17 Posted: 23 Sep 2015
Mark Setterfield
New School for Social Research
Downloads 60 (585,291)
Citation 4

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Multiplier, investment, crowding in, Kalecki, Harrod

33.

Real Sector Imbalances and the Great Recession

Trinity College Economics Working Paper No. 12-01
Number of pages: 22 Posted: 02 Feb 2012
Mark Setterfield
New School for Social Research
Downloads 59 (590,027)
Citation 2

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Real wage growth, productivity growth, aggregate demand, household debt, Great Recession

34.

The Network Origins of Aggregate Fluctuations: A Demand-side Approach

Number of pages: 35 Posted: 11 Oct 2021
Emanuele Citera, Shyam Gouri Suresh and Mark Setterfield
St. Lawrence University, Davidson College and New School for Social Research
Downloads 52 (625,838)
Citation 1

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Aggregate fluctuations, cyclical growth, animal spirits, state of long run expectations, agent-based model, random network, preferential attachment, small world

35.

Political Aspects of ‘Buffer Stock’ Employment: A Reconsideration

UNSW Business School Research Paper Forthcoming
Number of pages: 27 Posted: 13 Oct 2020
Peter Kriesler, joseph Halevi and Mark Setterfield
UNSW Australia Business School, School of Economics, Mcquarie University and New School for Social Research
Downloads 52 (625,838)
Citation 1

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employer of last resort, job guarantee, buffer stock employment, political aspects of full employment

36.

The Great Deception: The ‘Science’ of Monetary Policy and the Great Moderation Revisited

The New School for Social Research, Department of Economics, Working Paper 29/2017
Number of pages: 24 Posted: 01 Nov 2017
Gilberto Tadeu Lima, Mark Setterfield and Jaylson Silveira
University of São Paulo (USP) - Department of Economics, New School for Social Research and Universidade Federal de Santa Catarina (UFSC)
Downloads 52 (625,838)

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Great Moderation, monetary policy, inflation targeting, macroeconomic stability, heterogeneous inflation expectations, satisficing evolutionary dynamics

37.

Long-Run Variation in Capacity Utilization in the Presence of a Fixed Normal Rate

The New School for Social Research Working Paper 04/2017
Number of pages: 34 Posted: 08 Mar 2017
Mark Setterfield
New School for Social Research
Downloads 51 (631,329)
Citation 7

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Normal rate of capacity utilization, Harrodian instability, Kaleckian growth theory

38.

Inflation Targeting and Macroeconomic Stability with Heterogeneous Inflation Expectations

DEPARTMENT OF ECONOMICS, FEA-USP WORKING PAPER Nº 2013-11
Number of pages: 28 Posted: 13 Oct 2013
Gilberto Tadeu Lima, Mark Setterfield and Jaylson Silveira
University of São Paulo (USP) - Department of Economics, New School for Social Research and Universidade Federal de Santa Catarina (UFSC)
Downloads 50 (636,721)
Citation 5

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Inflation target, macroeconomic stability, heterogeneous expected inflation, satisficing evolutionary dynamics

39.

Neoliberalism: An Entrenched but Exhausted Growth Regime

The New School for Social Research, Department of Economics, Working Paper 20/2021
Number of pages: 21 Posted: 01 Feb 2022
Mark Setterfield
New School for Social Research
Downloads 49 (642,353)
Citation 1

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Neoliberalism, incomes policy based on fear, depressed upswing, COVID-19

40.

Is Capacity Utilization Variable in the Long Run? An Agent-Based Sectoral Approach to Modeling Hysteresis in the Normal Rate of Capacity Utilization

Number of pages: 58 Posted: 01 Jul 2020
Federico Bassi, Tom Bauermann, Dany Lang and Mark Setterfield
affiliation not provided to SSRN, affiliation not provided to SSRN, University of Angers - Centre d'économie de l'Université de Paris Nord (CEPN) and New School for Social Research
Downloads 48 (647,970)
Citation 3

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Normal rate of capacity utilization, Harrodian instability, genuine hysteresis, Kaleckian growth theory

41.

Modern (American) Capitalism: A Three Act Tragedy

The New School for Social Research Department of Economics Working Paper No. 22/2017
Number of pages: 24 Posted: 22 Jun 2017
Mark Setterfield
New School for Social Research
Downloads 48 (647,970)

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Neoliberalism, Supply-Side Economics, Zapping Labor, Incomes Policy Based on Fear, Household Debt, Financial Fragility

42.

Intermediation, Money Creation, and Keynesian Macrodynamics in Multi-Agent Systems

Number of pages: 15 Posted: 18 May 2015
Bill Gibson and Mark Setterfield
University of Vermont - Department of Economics and New School for Social Research
Downloads 48 (647,970)
Citation 3

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Multi-agent system, intermediation, endogenous money, Keynesian macroeconomics

43.

Multi-Agent Systems as a Tool for Analyzing Path-Dependent Macrodynamics

Number of pages: 41 Posted: 07 Nov 2014 Last Revised: 19 Nov 2014
Mark Setterfield and Shyam Gouri Suresh
New School for Social Research and Davidson College
Downloads 48 (647,970)

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Multi-agent systems, agent based models, path dependence, macrodynamics

44.

Using Interest Rates as the Instrument of Monetary Policy: Beware Real Effects, Positive Feedbacks, and Discontinuities

Number of pages: 8 Posted: 20 Dec 2013
Mark Setterfield
New School for Social Research
Downloads 47 (653,681)

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Interest rates, monetary policy, central banking, New Consensus, Post Keynesian Economics

45.

Hysteresis in the Normal Rate of Capacity Utilization: A Behavioural Explanation

The New School for Social Research, Department of Economics, Working Paper 07/2019
Number of pages: 34 Posted: 19 Jun 2019
Mark Setterfield and Joana David Avritzer
New School for Social Research and New School for Social Research
Downloads 39 (702,958)
Citation 4

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Normal rate of capacity utilization, Harrodian instability, hysteresis, Kaleckian growth theory

46.

Managing the Discontent of the Losers

The New School for Social Research Working Paper 16/2018
Number of pages: 27 Posted: 14 Nov 2018
Mark Setterfield
New School for Social Research
Downloads 39 (702,958)

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social structure of accumulation, capital-citizen accord, household debt, consumption inequality, populism

47.

Whatever Happened to the ‘Goodwin Pattern’?

Number of pages: 34 Posted: 18 Feb 2021
Mark Setterfield
New School for Social Research
Downloads 37 (716,414)
Citation 1

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Goodwin pattern, distributional conflict, worker insecurity, incomes policy based on fear

48.

Won't Get Fooled Again – Or Will We? Monetary Policy, Model Uncertainty, and ‘Policy Model Complacency’

Number of pages: 18 Posted: 19 Jul 2015
Mark Setterfield
New School for Social Research
Downloads 36 (723,335)
Citation 1

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Monetary policy, central banking, model uncertainty, Lucas critique, Tinbergen principle

49.

Is the Balance of Payments Constrained Growth Rate Time-Varying? Exchange Rate Over Valuation, Policy-Induced Recessions, Deindustrialization, and Long Run Growth

The New School for Social Research, Working Paper 26/2017
Number of pages: 24 Posted: 28 Aug 2017
Mark Setterfield and Selen Ozcelik
New School for Social Research and The New School - Department of Economics
Downloads 34 (737,306)

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Exchange rate, policy-induced recession, deindustrialization, balance-ofpayments- constrained growth, path dependence

50.

Editorial to the Special Issue: The Monetary Economics of Basil J. Moore

Number of pages: 12 Posted: 17 Apr 2020
Mark Setterfield
New School for Social Research
Downloads 28 (782,780)

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Basil J. Moore, monetary economics, horizontalism

51.

Post-Keynesian Growth Theory and The Supply Side: A Feminist-Structuralist Approach

Number of pages: 28 Posted: 26 Jan 2023
Mark Setterfield
New School for Social Research
Downloads 27 (790,690)

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Demand-led growth, potential rate of growth, technical change, human capital, human capacities, care-giving

52.

Achieving Two Policy Targets With One Policy Instrument: Heterogeneous Expectations, Countercyclical Fiscal Policy, and Macroeconomic Stabilization at the Effective Lower Bound

The New School for Social Research Department of Economics Working Paper 01/2023
Number of pages: 29 Posted: 03 Jan 2023
Gilberto Tadeu Lima, Mark Setterfield and Jaylson Silveira
University of São Paulo (USP) - Department of Economics, New School for Social Research and Universidade Federal de Santa Catarina (UFSC)
Downloads 26 (798,769)

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Stabilization policy, effective lower bound, fiscal policy, heterogeneous inflation and output expectations, satisficing evolutionary dynamics

53.

Did CNBC Contribute to the Great Moderation or the Great Recession?

Trinity College Department of Economics Working Paper No. 13-07
Number of pages: 33 Posted: 29 Mar 2013
Shyam Gouri Suresh and Mark Setterfield
Davidson College and New School for Social Research
Downloads 23 (824,262)

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Aggregate fluctuations, animal spirits, cyclical growth, multi-agent system, sentiment

54.

How Financially Fragile can Households Become? Household Borrowing, the Welfare State, and Macroeconomic Resilience

Number of pages: 39 Posted: 21 Nov 2022
Mark Setterfield and Yun K. Kim
New School for Social Research and University of Massachusetts Boston
Downloads 19 (859,931)

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Financial fragility, financial instability hypothesis, household borrowing, household debt, welfare state, macroeconomic resilience

55.

Tolerable Ranges of Variation in the Rate of Capacity Utilization and Corridor Instability: A Reply to Florian Botte

Number of pages: 11 Posted: 12 Jun 2019
Mark Setterfield
New School for Social Research
Downloads 18 (869,324)

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normal rate of capacity utilization, Harrodian instability, corridor instability

56.

Will Hysteresis Effects Afflict the US Economy During the Post-COVID Recovery?

Number of pages: 33 Posted: 27 Jun 2023
Mark Setterfield
New School for Social Research
Downloads 14 (907,517)

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Hysteresis, persistence, COVID-19, actual output, potential output

57.

Harrodians and Kaleckians: A Suggested Reconciliation and Synthesis

Number of pages: 22 Posted: 04 Jun 2021
Mark Setterfield
New School for Social Research
Downloads 13 (917,386)

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Keynesian stability condition, Harrodian instability, corridor instability, shifting equilibrium, Kaleckian pseudo-instability, normal rate of capacity utilization

58.

Varieties of Capitalism, Increasing Income Inequality, and the Sustainability of Long-Run Growth

Posted: 08 Aug 2018
Mark Setterfield and Yun Kim
New School for Social Research and University of Massachusetts Boston - Department of Economics

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varieties of capitalism, neoliberalism, inequality, growth, financial fragility, financial sustainability

59.

Macrodynamics for a Better Society: The Economics of John Cornwall

Posted: 29 Sep 2009
Mark Setterfield and A. P. Thirlwall
New School for Social Research and University of Kent - Canterbury Campus

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John Cornwall, macrodynamics, institutions, growth, inflation

60.

Stabilization Policy with an Endogenous Commercial Bank

Posted: 09 Jul 2009
Kurt von Seekamm and Mark Setterfield
affiliation not provided to SSRN and New School for Social Research

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stabilization policy, central bank, commercial bank

61.

Macroeconomics Without the Lm Curve: An Alternative View

Cambridge Journal of Economics, Vol. 33, Issue 2, pp. 273-293, 2009
Posted: 12 Mar 2009
Mark Setterfield
New School for Social Research

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New consensus, Post-Keynesian economics, Monetary policy, Fiscal policy, Incomes policy, Inflation targeting, Stagnationism

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