Research At SCEPA
Worldly Philosopher: Some Investors Are More Equal Than Others
WORLDLY PHILOSOPHER | This week's Worldly Philosopher, Raphaele Chappe, questions the inequality in investor returns.
Inadequate Retirement Account Balances for Families Nearing Retirement
RELAB POLICY NOTE | This policy note illustrates that the average total balance in all retirement accounts is inadequate for retirement security.
TTIP - A Good Deal?
POLICY NOTE | Since mid-2013, the US and EU have been negotiating a so-called free trade agreement, by now labeled “Transatlantic trade and investment partnership” or TTIP in short.
What Factors Give Cryptocurrencies Their Value
WORKING PAPER | This paper aims to identify the likely source(s) of value that cryptocurrencies exhibit in the marketplace using cross sectional empirical data examining 66 of the most used such 'coins'.
Some Progress, Not Enough Broad Prosperity
WORKING PAPER | November 2014 Unemployment Report for Workers over 55
This morning's release of the November employment report is one of the strongest we have seen for some time.
Worldly Philosopher: Do #BlackLivesMatter for Retirement Policy?
WORLDLY PHILOSOPHER | This week's Worldly Philosopher, Kyle Moore, exposes the disproportionate burden raising the retirement age would put on Black Americans.
Worldly Philosopher: Reflections on a Pluralistic Economics Workshop
WORLDLY PHILOSOPHER | This week's Worldly Philosopher, Anthony Bonen, discusses the need for and possibilities of opening the field of economics to a diversity of approaches.
Multi-Agent Systems as a Tool for Analyzing Path-Dependent Macrodynamics
WORKING PAPER | This paper discusses the concept of path dependence in macrodynamics, and identifies practical difficulties associated with building path-dependent macrodynamic models.
Inequality, Debt Servicing, and the Sustainability of Steady State Growth
WORKING PAPER | We investigate the claim that the way in which debtor households service their debts matters for macroeconomic performance.
Worldly Philosopher: VIDEO: Social Cost of Carbon
WORLDLY PHILOSOPHER | This week's Worldly Philosopher, Anthony Bonen, discusses how economic modeling can help policy makers seeking to mitigate climate change.
Income Inequality, Indebtedness, and Post Keynesian Macrodynamics
WORKING PAPER | A Kaleckian growth model is modified to incorporate working households who borrow to finance some part of their consumption spending.
Structuralist Response to Piketty's Capital in the Twenty-First Century
WORKING PAPER | New School Economist Lance Taylor released a symposium of literature on Thomas Piketty’s Capital in the Twenty-First Century in conjunction with the INET-sponsored research project on Economic Sustainability, Distribution and Stability.
Piketty's Elasticity of Substitution
WORKING PAPER | This note reviews Piketty's argument, which relies on a non-standard definition of capital stock.
The Global Consumption and Income Project
WORKING PAPER | This paper introduce two separate datasets, making possible an unprecedented portrait of consumption and income of persons over time, within and across countries, around the world.
Business Confidence and Macroeconomic Dynamics
WORKING PAPER | This paper investigates the role of the state of confidence for the macroeconomic dynamics of two interacting economies using the opinion dynamics approach.
An Introduction to the Global Consumption and Income Project (GCIP)
WORKING PAPER | This working paper introduces the Global Consumption and Income Project (GCIP).
Financial Stress, Sovereign Debt and Economic Activity
WORKING PAPER | This working paper, published in the Journal of International Money and Finance, is an expansion on the policy note, 'The Role of Financial Stress in Debt and Recovery.'
Worldly Philosopher: The Political Economy of Unemployment Insurance
WORLDLY PHILOSOPHER | This week's Worldly Philosopher, Ismael Cid-Martinez, discusses the politics and economics of unemployment insurance.
Bargaining Power and Employer-Sponsored Retirement Plans
RELAB WORKING PAPER | This reports addresses the decline in workers' bargaining power and the changes in norms relating to benefits provision.
Worldly Philosopher: The Long-Run Consequences of Income Distribution
WORLDLY PHILOSOPHER | This week's Worldly Philosopher, Rishabh Kumar, models the asymmetric distribution of income and examines its effect on the growth of the U.S. economy.