RESEARCH
Working Longer Cannot Solve the Retirement Crisis
Brief— Working longer is often proposed as the solution to the retirement crisis caused by older workers’ lack of retirement assets, but new research from SCEPA's ReLab shows this assumption doesn't match older workers' real experiences in the labor market.
The essential insight advanced in this paper is that the claim that inflation can impair growth makes most sense in the context of a monetary production economy.
A methodological inconsistency arises from presenting macroeconomic arguments formally and microeconomic arguments verbally.
This paper shows how Keynes-Kalecki Structuralist models might benefit from agent-based microfoundations without sacrificing traditional macroeconomic themes.
The question addressed in this paper is: can monetary policy succeed in stabilizing the economy even when the policy model on which it is predicated is mis-specified?
This paper explains the Joan Robinson's abandonment of discussing exploitation in The Accumulation of Capital.
The framing of the redevelopment of Manhattan's Hudson Yards as a self-financed project hides the public trade-offs.
This working paper builds on Farjoun and Machover's probabilistic approach to understand the distribution of firm level profit rates.
This paper demonstrates that the Cobb-Douglas function is identically equal to the rules of aggregate accounting with any factor indices and an arbitrary 'human capital' variable thrown in.
