Publications

This issue highlights the 2010 Minsky Conference on the State of the US and World Economies, as well as a series of policy briefs and notes that examine the efficacy of sustained budget deficits, the role of the economics profession in the current crisis, proposals to restructure the eurozone, and the financial balances approach to global rebalancing. Working papers in the areas of monetary policy, gender equality and the economy, employment policy, ethnicity and social structure, and theory and empirical analysis are also summarized.

CONFERENCE

• 19th Annual Hyman P. Minsky Conference on the State of the US and World Economies: After the Crisis: Planning a New Financial Structure

NEW PUBLIC POLICY BRIEFS

• Deficit Hysteria Redux? Why We Should Stop Worrying about US Government Deficits
• The Great Crisis and the American Response
• Endgame for the Euro? Without Major Restructuring, the Eurozone is Doomed
• Debts, Deficits, Economic Recovery, and the US Government

NEW POLICY NOTES

• Economic Policy for the Real World
• Global Central Bank Focus: Facts on the Ground

NEW WORKING PAPERS

• Determining Gender Equity in Fiscal Federalism: Analytical Issues and Empirical Evidence from India
• Global Imbalances, the US Dollar, and How the Crisis at the Core of Global Finance Spread to “Self-Insuring” Emerging Market Economies
• The Global Financial Crisis and a New Capitalism?
• A Contribution to the Theory of Financial Fragility and Crisis
• Revisiting “New Cambridge”: The Three Financial Balances in a General Stock-flow Consistent Applied Modeling Strategy
• The Recycling Problem in a Currency Union
• Infinite-variance, Alpha-stable Shocks in Monetary SVAR
• Bretton Woods 2 Is Dead, Long Live Bretton Woods 3?
• The Economic and Financial Crises in CEE and CIS: Gender Perspectives and Policy Choices
• Racial Preferences in a Small Urban Housing Market: A Spatial Econometric Analysis of Microneighborhoods in Kingston, New York
• Time and Poverty from a Developing Country Perspective
• Too Big to Fail in Financial Crisis: Motives, Countermeasures, and Prospects
• Fiscal Responsibility: What Exactly Does It Mean?
• Does Excessive Sovereign Debt Really Hurt Growth? A Critique of This Time Is Different, by Reinhart and Rogoff
• Three Futures for Postcrisis Banking in the Americas: The Financial Trilemma and the Wall Street Complex
• Detecting Ponzi Finance: An Evolutionary Approach to the Measure of Financial Fragility
• Changes in Central Bank Procedures during the Subprime Crisis and Their Repercussions on Monetary Theory
• Extrinsic Rewards and Intrinsic Motives: Standard and Behavioral Approaches to Agency and Labor Markets
• Assessing the Returns to Education in Georgia
• Using Capabilities to Project Growth, 2010–30
• Investing in Care: A Strategy for Effective and Equitable Job Creation
• Why China Has Succeeded—and Why It Will Continue to Do So
• What Do Banks Do? What Should Banks Do?
• As You Sow So Shall You Reap: From Capabilities to Opportunities
• The “Keynesian Moment” in Policymaking, the Perils Ahead, and a Flow-of-funds Interpretation of Fiscal Policy

INSTITUTE NEWS

• The Hyman P. Minsky Summer Seminar and Conference, June 19–29, 2010
• Upcoming Event: The Hyman P. Minsky Summer Seminar, June 18–26, 2011
• New Research Associate

PUBLICATIONS AND PRESENTATIONS

• Publications and Presentations by Levy Institute Scholars
• Recent Levy Institute Publications