OOIR: Observatory of International Research

Papers

(The median citation count of Review of Keynesian Economics is 0. The table below lists those papers that are above that threshold based on CrossRef citation counts [max. 250 papers]. The publications cover those that have been published in the past four years, i.e., from 2020-11-01 to 2024-11-01.)

Article	Citations
Sellers’ inflation, profits and conflict: why can large firms hike prices in an emergency?	46
Why do we think that inflation expectations matter for inflation? (And should we?)	29
The politics of growth models	22
Financialization, premature deindustrialization, and instability in Latin America*	12
Keynes vs Kalecki: risk and uncertainty in their theories of the rate of interest	9
Thirlwall's law is not a tautology, but some empirical tests of it nearly are	8
External balance sheets of emerging economies: low-yielding assets, high-yielding liabilities	8
Financialization revisited: the economics and political economy of the vampire squid economy	7
Can loss aversion shed light on the deflation puzzle?	6
Rent-seeking and asset-price inflation: a total-returns profile of economic polarization in America*	5
Human capital accumulation, income distribution, and economic growth: a demand-led analytical framework	5
Learning from distant cousins? Post-Keynesian Economics, Comparative Political Economy, and the Growth Models approach	5
Rethinking Varieties of Capitalism and growth theory in the ICT era*	5
Sellers’ inflation, profits and conflict: why can large firms hike prices in an emergency?	4
Monetary policy effectiveness in the liquidity trap: a switching regimes approach	4
Price and prejudice: reflections on the return of inflation and ideology,*	4
The macroeconomics of COVID-19: a two-sector interpretation*	4
The Godley–Tobin memorial lecture*	4
In search of varieties of capitalism: hardy perennial or troublesome weed?	4
Money creation in the modern economy: an appraisal	4
Growth trajectories and political economy in a Structuralist open economy model	3
Secular stagnation: a Classical–Marxian view	3
Distribution, wealth and demand regimes in historical perspective: the USA, the UK, France and Germany, 1855–2010	3
Wage- and profit-led growth regimes: a panel-data approach*	3
Varieties and interdependencies of demand and growth regimes in finance-dominated capitalism: a Post-Keynesian two-country stock–flow consistent simulation approach	3

The quasi-inflation of 2021–2022: a case of bad analysis and worse response	3
Rethinking supply constraints	2
China: capital flight or renminbi internationalization?	2
Hysteresis and path dependence in economic analysis: formalizations, causes and implications	2
Recession and deflation?	2
Omitted-variable bias in demand-regime estimations: the role of household credit and wage inequality in Brazil	2
A macroeconomic critique of integrated assessment environmental models: the case of Brazil	2
The evolution of China's monetary policy: on the horns of a dilemma	2
A note on ‘Wage-led versus profit-led demand regimes: the long and the short of it’	2
Explaining global imbalances: the role of central-bank intervention and the rise of sovereign wealth funds*	2
Will the Chinese renminbi replace the US dollar?	2
Central Bank Digital Currencies: a proper reaction to private digital money?	1
Towards a general, modern theory of animal spirits	1
The first inflation problem of the twenty-first century	1
Pure Harrodian dynamics: heterogeneous expectations and the loss of three established propositions	1
Monetary policy in liberalized financial markets: the Mexican case*	1
Why the conventional test of Thirlwall’s law is still not a ‘near-tautology’: a rejoinder to Professor Blecker	1
Book review: Adem Yavuz Elveren, The Economics of Military Spending: A Marxist Perspective (Routledge, London, UK and New York, NY, USA 2019) 224 pp.	1
The Godley–Tobin Memorial Lecture	1
‘King dollar’ forever? Prospects for a New Bretton Woods	1
Questioning the effect of the real exchange rate on growth: new evidence from Mexico	1
Theorizing Varieties of Capitalism: economics and the fallacy that ‘there is no alternative (TINA)’	1
Dominant currency shocks and foreign exchange pressure in the periphery	1
Household indebtedness, distribution, and bargaining power under distribution-induced technological change: a macroeconomic analysis	1
Long-run effective demand and residential investment: a Sraffian supermultiplier based analysis*	1
Life among the Econ: 50 years on	1
Rethinking the balance-of-payments-constrained approach, in the light of the recent commodity boom	1
Book review: Geoff Mann, In the Long Run, We are All Dead: Keynesianism, Political Economy, and Revolution (Verso Books, London, UK 2017) 432 pp.	1
The Argentine economy through the lens of an adapted Mundell–Fleming model for small open peripheral economies	1
Considerations on inflation, economic growth, and the 2 per cent inflation target	0
The effect of fiscal austerity on citizens’ trust in the European Union	0
The international currency system revisited	0
	0
Book review: Louis-Phillipe Rochon and Sergio Rossi (eds), Elgar Encyclopedia of Post-Keynesian Economics (Edward Elgar Publishing, Cheltenham, UK and Northampton, MA, USA 2023, hardcover, ISBN 978-1-	0
Navigating geoeconomics in a new era of US–China relationship	0
Book review: Mauro L. Baranzini and Amalia Mirante, Luigi L. Pasinetti: An Intellectual Biography (Palgrave Macmillan, London, UK 2018) 390 pp.	0
Financial subordination of peripheral emerging economies: a Keynesian–Structuralist approach	0
Hysteresis and the long shadow of the exchange rate regime	0
Book review: Jonathan Levy, Ages of American Capitalism: A History of The United States (Random House, New York, NY, USA 2021) ISBN 978-0812995015, 944 pp.	0
Book review: Yanis Varoufakis, Another Now: Dispatches from an Alternative Present (The Bodley Head, London, UK 2020) 240 pp.	0
The gift of sanctions: an analysis of assessments of the Russian economy, 2022–2023	0
What lies behind export-led growth? An inquiry into the role of price and non-price competitiveness	0
Book review: Aleksandr V. Gevorkyan (ed.), Foreign Exchange Constraint and Developing Economies (Edward Elgar Publishing, Cheltenham, UK and Northampton, MA, USA 2023, ISBN 978-1-80088-049-8) 278 pp.	0
On Dutch disease and its neutralization: a classical perspective	0
Book review: Sergio Cesaratto, Heterodox Challenges in Economics: Theoretical Issues and the Crisis of the Eurozone (Springer, Cham, Switzerland 2020) 296 pp.	0
Testing the global extent of the endogenous-money hypothesis: a panel vector autoregression approach – Online appendix	0
	0
The different roles of liquidity and capital in preventing financial crises: insights from a Post-Keynesian model	0
Demand-led growth under political constraints: a long-run model of conflict inflation	0
The impact of securities financing arrangements on the allocation of capital	0

Beyond the age of hegemony	0
The peso problem and dollar hegemony under inflation targeting	0
Book review: Alex M. Thomas, Macroeconomics: An Introduction (Cambridge University Press, Cambridge, UK 2021) 254 pp.	0
Book review: John Komlos, Foundations of Real-World Economics: What Every Student Needs to Know, Third Edition (Routledge, New York, NY, USA 2023, softcover, ISBN 9781032001722, US$54.95; hardcover, U	0
A sectoral perspective on the persistence of economic sentiment: mere transitory effect or a long memory process?	0
Theorizing dollar hegemony: the political economic foundations of exorbitant privilege	0
Credit-financed household consumption and the debt service ratio: tackling endogenous autonomous demand in the supermultiplier model	0
Introduction	0
Revisiting the hysteresis hypothesis: an ARIMAX approach	0
Book review: Domenica Tropeano, Financial Regulation in the European Union after the Crisis. A Minskian Approach (Routledge, New York, NY, USA 2018) 173 pp.	0
Reimagining the global economic order*	0
Inflation phobia, myths and dogma exacerbate policy responses*	0
Hysteresis and the New Consensus three-equation model: a Post-Keynesian amendment	0
Introduction: the challenge of political economy of war and peace (especially in a time of war)	0
Political economy of peace and war	0
Alternative uses of functional finance: Lerner, MMT, and the Sraffian supermultiplier	0
Will hysteresis effects afflict the US economy during the post-COVID-19 recovery?	0
Centralization of capital and economic conditions for peace	0
Book review: George Selgin, Floored! How a Misguided Fed Experiment Deepened and Prolonged the Great Recession (CATO Institute, Washington, DC, USA 2018) 230 pp.	0
Full access Book review: Charles Camic, Veblen: The Making of an Economist Who Unmade Economics (Harvard University Press, Cambridge, MA, USA 2020) 492 pp.	0
The military–industrial complex as a variety of capitalism and threat to democracy: rethinking the political economy of guns versus butter	0
Full access Book review: Robert Skidelsky, Money and Government: The Past and Future of Economics (Yale University Press, New Haven, CT, USA 2017, ISBN 978-0-24135-282-3) 492 pp.	0
Book review: Mark G. Hayes, The Economics of Keynes: A New Guide to The General Theory (Edward Elgar Publishing, Cheltenham, UK and Northampton, MA, USA 2006, ISBN 978-1-84844-056-2) 288 pp.	0
Monetary Keynesianism before Keynes? The January 1932 Harvard memorandum on anti-depression policies	0
Exploring counter-cyclical monetary policy in a small open economy using the portfolio balance approach	0
Book review: Dong Wang and Dejun Cao, Re-Globalisation: When China Meets the World Again (Routledge, London, UK 2020, ISBN 978-1-0031-2693-5) 168 pp.	0
Book review: Perry Mehrling, Money and Empire: Charles P. Kindleberger and the Dollar System (Cambridge University Press, Cambridge, UK 2022) 298 pp.	0
Old and new proposals for global monetary reform	0
	0
Book review: Martin Wolf, The Crisis of Democratic Capitalism (Penguin Books/Allen Lane, London, UK 2023) 474 pp.	0
Book review: Marc Lavoie, Post-Keynesian Monetary Theory: Selected Essays (Edward Elgar Publishing, Cheltenham, UK and Northampton, MA, USA 2020, ISBN 978-1-83910-008-6) 416 pp.	0
The incidence of tax rates on workers’ debt stability and demand regimes	0
The effect of public social expenditure on imports	0
Understanding the consequences of IMF surcharges: the need for reform	0
The Godley-Tobin Memorial Lecture	0
Book review: Imad Moosa, Fintech: A Revolution or a Transitory Hype? (Edward Elgar Publishing, Cheltenham, UK and Northampton, MA, USA 2022, hardcover, ISBN 978-1-80220-633-3, US$117) 227 pp.	0
Book review: Charles J. Whalen, Reforming Capitalism for the Common Good: Essays in Institutional and Post-Keynesian Economics (Edward Elgar Publishing, Cheltenham, UK and Northampton, MA, USA 2022, I	0
Book review: Thomas Palley, Neoliberalism and the Road to Inequality and Stagnation: A Chronicle Foretold (Edward Elgar Publishing, Cheltenham, UK and Northampton, USA 2021, ISBN: 978180220 0072) 320	0
Liquidity, solvency and regulation in the Classical–Keynesian theory of crises*	0
Theorising non-bank financial intermediation	0
Book review: Ajit Sinha, A Revolution in Economic Theory: The Economics of Piero Sraffa (Palgrave Macmillan, Basingstoke, UK, New York, NY, USA and Melbourne, Australia 2016) 264 pp.	0
	0
Autonomous demand and economic growth in Mexico (1993–2019): theory and empirics in a small, open and peripheral economy	0
Labour markets in a Post-Keynesian growth model: the effects of endogenous productivity growth and working-time reduction*	0
Optimal inflation targeting with anchoring	0
Robert Solow, eclectic American Keynesianism, and the Review of Keynesian Economics	0
The US National Security State and Big Tech: frenemy relations and innovation planning in turbulent times*	0
Book review: Naomi Lamoreaux and Ian Shapiro (eds), The Bretton Woods Agreements: Together with Scholarly Commentaries and Essential Historical Documents (Yale University Press, New Haven, CT, USA 201	0
	0
Book review: Zachary D. Carter, The Price of Peace: Money, Democracy, and the Life of John Maynard Keynes (Random House, New York, NY, USA 2020) 656 pp.	0
Effectiveness of capital controls in dampening international shocks	0
The relation between Keynesian monetary theory and demand-led growth: a Sraffian exploration	0
Notes on the political economy of war	0
Drivers of private consumption in the era of financialisation: new evidence for European Union countries	0
Are jobless recoveries history? Okun’s law, insufficient stimulus, and slow recoveries	0
Globalization of capital, erosion of economic policy sovereignty, and the lessons from John Maynard Keynes	0
Distribution, wealth and demand regimes in historical perspective: the USA, the UK, France and Germany, 1855–2010 Online Appendices	0
Inflation dynamics: forward or backward looking?	0
On empirical tests of Thirlwall’s law: a reply to Professor McCombie’s rejoinder	0
Paul Davidson (1930–2024) and the founding of Post Keynesian economics	0
Testing the global extent of the endogenous-money hypothesis: a panel vector autoregression approach*	0
Book review: Peter Skott, Structuralist and Behavioral Macroeconomics (Cambridge University Press, Cambridge, UK 2023) 384 pp.	0
Varieties of peripheral capitalism: on the institutional foundations of economic backwardness*	0
Critical notes on some recent Neo-Kaleckian contributions on capacity utilization	0
Asset market closure and the neo-Pasinetti theorem	0
Book review: James Crotty, Keynes Against Capitalism: His Economic Case for Liberal Socialism (Routledge, London, UK 2019) ISBN: 978-1138612846, 397 pp.	0
Neoliberalism, Keynesian economics, and responding to today’s inflation*	0
Broadening the application of hysteresis in economics: institutions, policy lock-in, psychology, identity, and ideas	0
Mind the wage gap: an empirical analysis of the impact of labour income inequality on economic growth*	0
Between Scylla and Charybdis: long-term drivers of EU structural vulnerability*	0
Joan Robinson’s Phillips curve	0
The limits to redistribution in small open economies: the case of Argentina	0
Asset market closure and the neo-Pasinetti theorem – a comment	0
Book review: Lucio Baccaro, Mark Blyth and Jonas Pontusson (eds), Diminishing Returns: The New Politics of Growth and Stagnation (Oxford University Press, Oxford, UK 2022) 541 pp.	0
Expectations and exchange rates in a Keynes–Harvey model: an analysis of the Brazilian case from 2002 to 2017	0