Tag Archives: ROKE

New issue of ROKE is out. Check out the free papers by Serrano, Summa and Garrido Moreira, and by Fiebiger, beyond the intro by Summa and Freitas.

The April Issue of the Review of Keynesian Economics is now out. The issue contains a collection of articles covering a spectrum of important issues. It opens with a debate over New Developmentalism which pits development relying on macro prices (especially the exchange rate) against historical state-led development policies. Next, there is an article on the role of the wage share in determining exchange rates. Thereafter, there are several articles on Post Keynesian growth theory. One...

Table of contents of the next issue of the Review of Keynesian EconomicsThirlwall’s law at 40 Esteban Pérez Caldentey and Matías VernengoWhy Thirlwall’s law is not a tautology: more on the debate over the law J.S.L. McCombie Endogenous growth, capital accumulation and Thirlwall’s dynamics: the case of Latin America Ignacio Perrotini-Hernández and Juan Alberto Vázquez-MuñozThirlwall’s law and the terms of trade: a parsimonious extension of the balance-of-payments-constrained growth...

From original draft by Thirlwall Thirlwall's seminal paper on the balance of payments (BOP) constrained growth is forty years old. Paul Davidson once referred to the BOP constrained growth as a positive Post Keynesian contribution to economics. The Review of Keynesian Economics (ROKE) will publish soon a special issue with many well-known contributors to the literature, and with a paper by Thirlwall himself.The idea built on the Kaldorian supermultiplier model (Kaldor mark II), and with...

We are delighted to announce the publication of Volume 7, Issue 2 of the Review of Keynesian Economics. We invite you to visit the website where you can read all the article abstracts and download two free articles.Over the last several years economic recovery has led to some monetary tightening in the United States, but it is likely that a future recession will restore the issue of negative interest rates to the fore of policy debate. That is also true for Europe where there has been a...

I blogged about journal rankings a while ago. As I said back then, journal rankings matter in decisions about grants and academic promotions, and there are biases against heterodox journals. So even if there are many problems with those measures (read previous post), they are still relevant. The Review of Keynesian Economics (ROKE), founded by Tom Palley, Louis-Philippe Rochon (now at ROPE) and myself, has now an impact factor of 0.738 in last year’s Clarivate Report (Thomson-Reuters...

A two part paper by Ariel Dvoskin and Germán David Feldman. From the abstract:In this two-part paper, we explore the interaction between income distribution and the balance of payments, by assessing the contributions of three Argentinian exponents of the Latin American Structuralist School: Oscar Braun, Marcelo Diamand and Adolfo Canitrot. With this aim, we introduce a two-sector model inspired by the classical tradition. Part I of the article examines the implications for prices and...

Presenting the Lecture Here is the audio file of Jamie Galbraith inaugural Godley-Tobin Lecture. Due to the weather he recorded the lecture before hand. The paper will appear in the Review of Keynesian Economics (ROKE) soon. Jamie presents a macro discussion of income distribution, which he correctly points out has been absent from most discussion of inequality in recent times.Further, he connects his concern with the data (the UNIDO data that his team at UTIP has worked on for years...

The inaugural Godley – Tobin Memorial Lecture at the Eastern Economic Association meetings in Boston on Saturday March 3, 11.30am – 12.50pm. The lecture pays tribute to both Godley and Tobin's emphasis on being non-hyphenated Keynesians (more on that for a later post).The lecture is sponsored by the Review of Keynesian Economics (ROKE) and will be delivered by Professor James K. Galbraith, whose talk is titled “A global macroeconomics – Yes, macroeconomics damn it – of inequality and...

At my alma mater the Federal University of Rio de Janeiro (UFRJ), to be co-sponsored by the Review of Keynesian Economics (ROKE). Call for papers to come soon in this channel. Stay tuned.