RELAB WORKING PAPER | SCEPA’s Retirement Equity Lab (ReLab) released a report that is the first to quantify the real effect of the retirement crisis - poverty. 

WORKING PAPER | This paper introduces a decomposition of the trade ratio.

BRIEF | On April 3, the U.S. Department of Labor reported the unemployment rate for older workers fell from 4.3% in February to 3.9% in March.

RELAB POLICY NOTE | This policy note illustrates that the average black American will experience physical limitations before the normal retirement age of 67.

WORKING PAPER | This paper proposes a model of “classically” competitive firms facing informational entropy constraints in their decisions to potentially enter or exit markets based on profit rate differentials.

WORKING PAPER | Recent claims from Paul Krugman on the superiority of the IS-LM version of Keynesian economics call for a re-thinking of Keynesian economics.

WORKING PAPER | A two class (rentiers and workers) model of growth and distribution is applied to the study of long run stagnation in aggregate demand.

POLICY NOTE | The February 2015 employment report issued by the U.S. Department of Labor today reports an increase in the unemployment rate for workers over the age of 55.

WORKING PAPER | As bitcoin becomes more important as a worldwide financial phenomenon, it also becomes important to understand its sources of value formation.

WORKING PAPER | A model is developed in this paper to formalize this process where cryptocurrency miners seeking to maximize production in terms of bitcoins earned in a day will exploit any such opportunities.

WORKING PAPER | The argument advanced in this paper challenges Tony Lawson's claim that a heterodox economist's use of mathematical modeling is at odds with their (implicit) acceptance of an open-systems ontology.

BRIEF | The unemployment rate for workers aged 55 and older increased last month for the second month in a row, from 3.7% in January to 3.8% in February.

WORKING PAPER | This paper finds that the world production still exhibits strong pattern of increasing returns to scale, and most countries' population have been stabilizing along a convex path in the income-fertility schedule.

BRIEF | The January 2015 employment report issued today by the U.S. Department of Labor reports that 1.41 million workers over age 55 were ready to work and actively seeking a job - but could not find one.

WORKING PAPER | This paper investigates the inconsistent treatment of financial services in the national accounts.

RELAB POLICY NOTE | This policy note shows how the current system of tax deferral for retirement contributions contributes to wealth inequality.

WORLDLY PHILOSOPHER | This week's Worldly Philosopher, Ozlem Omer, discusses the flaws in the latest IMF policy recommendations for Turkey.

WORLDLY PHILOSOPHER | This week's Worldly Philosopher, Ismael Cid, discusses how the decline in employer-sponsored retirement plans has forced a growing number of Americans to postpone retirement. 

WORLDLY PHILOSOPHER | This week's Worldly Philosopher, Raphaele Chappe, questions the inequality in investor returns.