Institute Grantees Featured at the EEA Conference

If you’re attending the EEA conference look below to see where you’ll find stimulating discussions involving the Institute community.

Click here for more information including the full EEA program

Friday, March 7

8:15-9:45am, Gloucester

Session A7, Analytical Political Economy

Uncertainty, Institutions and Power: Towards an Approach to Analytical Political Economy, Amitava K. Dutt, University of Notre Dame

10:00-11:30am, Gloucester

Session B7, Wages, Profits, and Rent

Temporary Employment and Earnings Inequality, Peter Skott, University of Massachusetts, Amherst; Hyeon-Kyeong Kim, University of Massachusetts, Amherst

Disgorge the Cash: From Funding Constraints to Rentier Constraints on Corporate Investment, J. W. Mason, Roosevelt University; Arjun Jayadev, University of Massachusetts, Boston; Azim Premji, University

12:30-2:00pm, Gloucester

Session C7, Some Alternative Perspectives on the Role of Fiscal Policy in Contemporary Economies

Session Chair: Thomas Ferguson, University of Massachusetts at Boston

Session Organizer: Mario Seccareccia, University of Ottawa

The IMF and the New Fiscalism: Was There a U-Turn? Marc Lavoie, University of Ottawa; Brett Fiebiger, University of Ottawa

Rejecting Flat Earth Economics: A Critique of the Concepts of a Structural Deficit and Potential Output, Alain Parguez, University of Franche-Comté

Fiscal Policy Rules in an Unstable Economy, Peter Skott, University of Massachusetts, Amherst; Soon Ryoo, Adelphi University

Fiscal Profligacy, Private Sector Debt and Central Bank Responses: What Has Really Been Happening during the Eurozone Crisis? Mario Seccareccia, University of Ottawa

12:30-2:00pm, Winthrop

Session C8, New Insights on Income and Wealth Inequality in the United States  

Economic Well-Being in Turbulent Times: A Long-Term Perspective, Ajit Zacharias, Bard College; Thomas Masterson, Bard College; Selcuk Eren, Bard College; Fernando Rios-Avila, Bard College

2:15-3:45pm, Thoreau

Session D9, Political Economy of Development II: The Brazilian Economy after the Crisis: A

Roundtable Panelist: Kevin Gallagher, Boston University;

2:15-3:45pm, White Hill

Session D13, Time, Income and Poverty

Session Chair: Thomas Masterson, Levy Economics Institute of Bard College

Why Time Deficits Matter: Implications for Understanding and Combatting Poverty in Turkey, Ajit Zacharias, Levy Economics Institute of Bard College; Thomas Masterson, Levy Economics

The Impact of Universal Child Care Subsidies on Time and Income Poverty in South Korea, Ajit Zacharias, Levy Economics Institute of Bard College; Kijong Kim, Levy Economics Institute of Bard College; Thomas Masterson, Levy Economics Institute of Bard College

4:00-5:30pm, Constitution

Session E6, Fiscal Policy, Income Distribution and Economic Growth

Session Chair: Peter Skott, University of Massachusetts Amherst

Aggregate Demand, Debt Sustainability and Tinbergen’s Rule, J. W. Mason, Roosevelt University; Arjun Jayadev, University of Massachusetts and Azim Premji University 

4:00-5:30pm, White Hill

Session E13, What Does Finance Do, and What Should We Do About it?

Session Chair: Gerald Epstein, University of Massachusetts, Amherst

Saturday, March 8

10:00-11:30am, Emerson         

Session G4, The Perils of Financial Deepening and Post-Crisis Development in Emerging Markets

Countercyclical Effects on Private Investment of the Brazilian Treasury’s Transfers to the National Development Bank since the 2008 Crisis, Luiza Nassif Pires, New School for Social Research; Laura Barbosa de Carvalho, Sao Paulo School of Economics; Cristina Fróes de Borja Reis, Sao Paulo School of Economics – FGV

10:00-11:30am, Constitution

Session G6, Growth and Distribution Dynamics

Functional Finance and Intergenerational Distribution in a Keynesian OLG Model, Peter Skott, University of Massachusetts, Amherst; Soon Ryoo, Adelphi University 

Discussants: Ramaa Vasudevan, Colorado State University; Deepankar Basu, University of Massachusetts; Amitava K. Dutt, University of Notre Dame

10:00-11:30am, Gloucester

Session G7, Agent-based Economics: Finance and Forecasting

The Impact of Heterogeneous Gain Learning in an Agent-based Financial Market, Blake LeBaron, Brandeis University

1:00-2:30, Stuart

Session H10, Macro and Micro Financial Fragility:  Theoretical and Empirical Dimensions 

Session Chair: Thomas Bernardin, University of Massachusetts Amherst 

Measuring Fragility in Balance Sheets, Stephen Kinsella, University of Limerick 

Macroeconomic Instability and Microeconomic Financial Fragility: A Stock-Flow Consistent Approach with Heterogeneous Agents, Laura Barbosa de Carvalho, Sao Paulo School of Economics; Corrado Di Guilmi, University of Technology, Sydney 

The Internationalization of the Renminbi, Daniel Neilson, Institute for New Economic Thinking and Bard College at Simon’s Rock, Paul Jenkins, Centre for International Governance Innovation, Perry Mehrling, Institute for New Economic Thinking, and Barnard College, Columbia University

Macro and Micro Dimensions of Financial Fragility:  Reappraising the U.S. Financial Crisis of 2007–09, Thomas Bernardin, Political Economy Research Institute, University of Massachusetts Amherst

Discussants: Laura Barbosa de Carvalho, Sao Paulo School of Economics; Stephen Kinsella, University of Limerick; Thomas Bernardin, Political Economy Research Institute, University of Massachusetts Amherst; Daniel Neilson, Institute for New Economic Thinking, and Bard College at Simon’s Rock

2:45-4:15pm, Constitution

Session I6, Alternative Modeling Approaches to Economic Theory and Policy

Session Chair: Amitava Dutt, University of Notre Dame

Greece: A SAM-based Modeling Analysis Massimiliano La Marca, International Labor Organization; Michalis Nikiforos, Levy Economics Institute; Lance Taylor, The New School for Social Research

Modeling Debt and Demographic Change in the European Periphery, Stephen Kinsella, University of Limerick; Antoine Godin, University of Limerick

Towards a Micro-Founded Model of a Demand-led Economy with Instantaneous Output Adjustment, Christian Schoder, Vienna University of Economics and Business

Discussants: Stephen Kinsella, University of Limerick

2:45-4:15pm, Winthrop

Session I8, Structural Keynesianism II: Wage, Profit, and Export Led Growth

Session Chair: Kevin Gallagher, Boston University

Household Borrowing and the Possibility of ‘Consumption-Driven, Profit-Led Growth,’ Mark Setterfield, Trinity College

4:30-6:00pm, Gloucester

Session J7, Agent-based Economics:  Teaching Agent Based Models

Teaching Agent Based Models: Curricula, Challenges, Choices, Giorgio Fagiolo, Scuola Superiore S.Anna di Pisa; Domenico Delli Gatti, Catholic University of Milan; Mauro Gallegati, Marche Polytechnic University; Matteo Richiardi, University of Torino; Alberto Russo, Marche Polytechnic University

Sunday, March 9

8:00-9:30am, Emerson

Session K4, Inequality and Macroeconomic Growth

Session Chair: Mark Setterfield, Trinity College

Inequality, Debt Servicing, and the Sustainability of Steady-State Growth, Mark Setterfield, Trinity College; Yun Kim, Bowdoin College; Jeremy Rees, Trinity College

Inequality, Crisis, and Stagnation, Barry Cynamon, Federal Reserve Bank of St. Louis; Steven Fazzari, Washington University in St. Louis

The Incidence on Growth and Profit Shares of Greater Wage Inequality Generated by Higher Managerial Pay, Marc Lavoie, University of Ottawa

8:00-9:30am, White Hill

Session K13, Public Policy and Inequality Across the Life Cycle

Session Chair: Thomas Masterson, Levy Economics Institute of Bard College 

Evolution of Disparities in Public Consumption in Metropolitan Areas in the United States, 1980-2008, Selҫuk Eren, Levy Economics Institute of Bard College; Ajit Zacharias, Levy Economics Institute of Bard College; Thomas Masterson, Levy Economics Institute of Bard College

9:45-11:15am, Stuart

Session L10, Advances in Demand-Led Macrodynamics

Session Chair: Mark Setterfield, Trinity College

Inflation Targeting and Macroeconomic Stability with Heterogeneous Inflation Expectations, Gilberto Tadeu Lima, University of São Paulo; Mark Setterfield, Trinity College; Jaylson Jair da Silveira, Federal University of Santa Catarina

11:30am-1:00pm, Gloucester

Session M7, New Insights About Keynes and Keynesianism: IYLM and Interest Rates

Session Chair: John Smithin, York University 

IYLM: A General Theory-compatible “ISLM” model, Rod O’Donnell, University of Technology, Sydney; Colin Rogers, University of Adelaide

“Translating” Keynes (and Hicks): The Treatise on Money, John Smithin, York University