Research At SCEPA
Creating Jobs Through Green Transformation
UN REPORT | Tackling climate change requires transitioning to a green, sustainable economy. But will green transformations that lesson our negative environmental impacts also create high-quality jobs?
Economic Growth, Income Distribution & Climate Change
WORKING PAPER | This paper explores how climate damage affects the long-run evolution of the economy.
Demand Drives Growth All The Way
WORKING PAPER | How does effective demand, productivity growth, income, and wealth distributions influence and constrain the economy?
Catch-Up Contributions: An Equitable & Affordable Solution to the Retirement Crisis
RELAB WORKING PAPER | This research was performed pursuant to a grant from the AARP Innovation Challenge.
Slower Recovery for Older Workers
BRIEF | The reported unemployment rate for older workers often looks better than that for younger workers.
Mainstream Economics, Capital Theory, and Distributions of Income and Wealth
WORKING PAPER | The Cambridge UK vs USA capital theory debates of the 1960s showed that the workhorse mainstream growth model relies on unsustainable assumptions.
Greenhouse Gas and Economic Growth
PRESENTATION | Taylor's presentation provides a long-run analysis of economic growth and CO₂ emissions.
Paul Krugman's "Liquidity Trap"
WORKING PAPER | Paul Krugman proposes a heuristic model to analyze the current macroeconomic situation.
Fiscal Deficits, Economic Growth, and Government Debt in the USA
WORKING PAPER | A simple model illustrates interactions between the "primary" fiscal deficit (total deficit minus interest payments), economic growth, and debt.
Fiscal Arithmetic for Government Debt, Deficits, and Economics Growth
POLICY NOTE | Economic policy debate in the United States and other developed economies has been dominated by talk of lowering fiscal deficits through spending reductions.
Non-linearities & Equilibria in a Model of Distributive-Demand Cycles
WORKING PAPER | The authors offer results of a non-parametric estimate of the US wage- Phillips Curve as a simplified version of the model of the wage-price spiral by Flaschel and Krolzig.
Cycles and Trends in U.S. Net Borrowing Flows
WORKING PAPER | This paper discusses patterns of net borrowing by major “institutional sectors” in the U.S. economy.
Pricing and Profits Under Globalized Competition
WORKING PAPER | This paper builds on Post Keynesian theory of markup pricing to outline the microfoundations of a theory of US economic hegemony in an age of global production networks.
A Proposed Synthesis of Classical and Keynesian Growth
WORKING PAPER | The author posits combining the essential propositions of Keynesian-type and what he calls Classical-Type growth theories in a simple way.
Okun's Law and Jobless Growth
POLICY NOTE | This paper relates Okun's theory about economic growth and unemployment to the recent discussion on jobless recovery.