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Tag Archives: Levy Institute

The Minsky Conference Returns

Participants Lakshman Achuthan, Cofounder, Economic Cycle Research Institute Binyamin Appelbaum, Editorial Board Member, New York Times Robert Barbera, Director, J.H.U. Center for Financial Economics; Economics Department Fellow, The Johns Hopkins University Peter Coy, Economics Editor, Bloomberg Businessweek Charles Evans, President and CEO, Federal Reserve Bank of Chicago Jason Furman, Aetna Professor of the Practice of Economic Policy, Harvard Kennedy School (HKS) and the Department of...

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Join Us for the 11th Minsky Summer Seminar

Michael Stephens | October 23, 2019 The Hyman P. Minsky Summer SeminarLevy Economics Institute of Bard CollegeBlithewoodAnnandale-on-Hudson, N.Y. June 7–13, 2020 The Levy Economics Institute of Bard College is pleased to announce the 11th Minsky Summer Seminar will be held from June 7–13, 2020. The Seminar will provide a rigorous discussion of both the theoretical and applied aspects of Minsky’s economics, with an...

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Remembering Nina Shapiro

Jan Kregel | March 15, 2019 We are grieved to announce that Nina Shapiro, Professor of Economics Emeritus at St. Peter’s College, passed away on March 6. Nina was one of the first Levy Institute Visiting Scholars and a major contributor to the field of post-Keynesian economics. She passed away last week at the age of 71 from complications due to cancer. Nina was best known for her work on the post-Keynesian theory of the...

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Join Us for the 28th Annual Hyman P. Minsky Conference

Michael Stephens | March 11, 2019 This year’s Minsky conference will be a one-day affair, featuring keynote speakers that include St. Louis Fed President James Bullard, former PIMCO chief economist Paul McCulley (now Senior Fellow at Cornell Law), and First Vice President of the Minneapolis Fed, Ron Feldman. The Levy Institute’s Jan Kregel will be discussing reform of the eurozone system; Michalis Nikiforos will be...

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Register for the 2019 Hyman P. Minsky Summer Seminar

Michael Stephens | September 24, 2018 We are accepting applications for the 2019 Hyman P. Minsky Summer Seminar, held here at the Levy Institute and the wider Bard College campus June 16–22: The Levy Economics Institute of Bard College is pleased to announce the tenth Minsky Summer Seminar will be held from June 16–22, 2019. The Seminar will provide a rigorous discussion of both the theoretical and applied aspects of Minsky’s...

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Wray Guest Lectures, Brazil and Italy (Video)

Michael Stephens | September 13, 2018 L. Randall Wray, Professor of Economics at Bard and Senior Scholar at the Levy Economics Institute, was a visiting professor at the University of Bolzano (Italy) and the University of Bergamo (Italy) in May-June and at the University of Campinas (Brazil) in August. In Campinas, he gave a series of lectures for a course on Modern Money Theory. In Bolzano he gave a talk titled “Secular...

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Tcherneva and Wray on the Public Service Employment (PSE) Program

Michael Stephens | August 15, 2018 The job guarantee proposal fleshed out and analyzed by L. Randall Wray, Flavia Dantas, Scott Fullwiler, Pavlina Tcherneva, and Stephanie Kelton — dubbed the Public Service Employment (PSE) program — garnered a considerable amount of media attention as support for some version of a job guarantee began appearing on the agendas of various 2020 Democratic hopefuls. This panel discussion at the...

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Integration, spurious convergence, and financial fragility: a post-Keynesian interpretation of the Spanish crisis

Here is to another crisis like this one! Paper co-authored with Esteban Pérez that was a Levy Institute working paper is published. From the abstract: The Spanish crisis is generally portrayed as resulting from excessive spending by households associated to a housing bubble and/or an excessive welfare spending beyond the economic possibilities of the country. We put forward a different hypothesis. We argue that the Spanish crisis resulted, in the main, from a widening deficit position...

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Corporate Debt in Latin America and its Macroeconomic Implications

New paper by Esteban Pérez and co-authors published by the Levy Institute. From the abstract: This paper provides an empirical analysis of nonfinancial corporate debt in six large Latin American countries (Argentina, Brazil, Chile, Colombia, Mexico, and Peru), distinguishing between bond-issuing and non-bond-issuing firms, and assessing the debt’s macroeconomic implications. The paper uses a sample of 2,241 firms listed on the stock markets of their respective countries, comprising 34...

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27th Annual Minsky Conference Presentations

Michael Stephens | April 19, 2018 The 27th Minsky Conference — “Financial Stability in a World of Rising Rates and the Repeal of Dodd-Frank” — just wrapped up yesterday. Anyone interested in the slide presentations can find them below: Welcome and Introduction Jan Kregel, Director of Research, Levy InstituteRemarks in PDF Session 1. US AND GLOBAL ECONOMIC OUTLOOK MODERATOR: L. Randall Wray, Senior Scholar, Levy Institute;...

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