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A structured post-Keynesian reading list
This reading list provides introductory and advanced readings for those interested in post-Keynesian economics. The readings cover various topics and include journal articles, book chapters and books. The reading list is primarily intended for undergraduate and postgraduate students as well as for academics who wish to incorporate post-Keynesian economics into their teaching. The list has purposefully been kept short, but tries to give a broad overview of the richness of post-Keynesian economics. The reading list is structured by thematic headings and we suggest a few readings for each topic. The list is not comprehensive and unavoidably excludes some important readings. Additional valuable sources can be found in the reference lists of the suggested readings.
The reading list was last updated in July 2020.
Introduction
Introduction to post-Keynesian economics
Arestis, P. (1996). ‘Post-Keynesian economics: Towards coherence’,Cambridge Journal of Economics, 20 (11), pp. 111-135.
Eichner, A., Kregel, J. (1975). An essay on Post-Keynesian theory: A new paradigm in economics, Journal of Economic Literature, 13 (4), pp. 1293-1320.
Hein, E. (2017). ‘Post-Keynesian macroeconomics since the mid 1990s: Main developments’, European Journal of Economics and Economic Policies: Intervention, 14 (2), pp.131-172.
King, J.E. (2013). ‘A brief introduction to Post Keynesian macroeconomics’, Wirtschaft und Gesellschaft - WuG, 39 (4), pp. 485-508.
Sawyer, M. (1996). ‘Post-Keynesian macroeconomics’, chapter 3 in Greenaway, D., Bleaney, M., Stewart, I. (eds), A Guide to Modern Economics. London and New York: Routledge.
Stockhammer, E. (2017). ‘Post-Keynesian economics’, chapter 1 in Fischer, L., Hasell, J., Proctor, J.C., Uwakwe, D., Perkins, Z.W., Watson, C. (eds), Rethinking economics: An introduction to pluralist economics. London: Routledge.
Macroeconomics
Distribution and growth
Introductory
Blecker, R.A. (2016). ‘Wage-led versus profit-led demand regimes: the long and the short of it’, Review of Keynesian Economics, 4 (4), pp. 373-390.
Hein, E. (2014). ‘The basic Kaleckian distribution and growth models’, chapter 6 in Hein, E., Distribution and Growth after Keynes. Cheltenham, UK and Northampton, MA, USA: Edward Elgar.
Lavoie, M., Stockhammer, E. (2014). ‘Wage-led growth: Concepts, theories and policies’, chapter 1 in Lavoie, M., Stockhammer, E. (eds), Wage-led Growth: An Equitable Strategy for Economic Recovery. London and New York: Palgrave Macmillan.
Stockhammer, E., Onaran, ?. (2012). ‘Rethinking wage policy in the face of the Euro crisis: Implications of the wage-led demand regime’, International Review of Applied Economics, 26 (2), pp. 191-203.
Advanced
Theoretical analyses
Bhaduri, A., Marglin, S. (1990). ‘Unemployment and the real wage: the economic basis for contesting political ideologies’, Cambridge Journal of Economics, 14 (4), pp. 375-393.
Blecker, R.A. (2002). ‘Distribution, demand and growth in neo-Kaleckian macro-models’, chapter 8 in Setterfield, M. (ed.), The Economics of Demand-led Growth: Challenging the Supply-side Vision of the Long-run. Cheltenham, UK and Northampton, MA, USA: Edward Elgar.
Dutt, A.K. (2017). ‘Heterodox theories of economic growth and income distribution: a partial survey’, Journal of Economic Surveys, 31 (5), pp. 1240-1271.
Hein, E., van Treeck, T. (2010). ‘‘Financialisation’ in post-Keynesian models of distribution and growth: A systematic review’, chapter 13 in Setterfield, M. (ed.), Handbook of Alternative Theories of Economic Growth. Cheltenham, UK and Northampton, MA, USA: Edward Elgar.
Empirical analyses
Hein, E., Vogel, L. (2008). ‘Distribution and growth reconsidered – empirical results for six OECD countries’, Cambridge Journal of Economics, 32 (3), pp. 479-511.
Naastepad, C.W.M., Storm S. (2007). ‘OECD demand regimes (1960-2000)’, Journal of Post Keynesian Economics’, 29 (2), pp. 211-246.
Onaran, ?., Galanis, G. (2014). ‘Income distribution and aggregate demand: National and global effects’, Environment and Planning A, 46 (2), pp. 373-397.
Onaran, ?., Obst, T. (2016). ‘Wage-led growth in the EU15 member-states: the effects of income distribution on growth, investment, trade balance and inflation’, Cambridge Journal of Economics, 40 (6), pp. 1517-1551.
Unemployment
Introductory
King, J.E. (2001). ‘Labor and unemployment’, chapter 8 in Holt, R.P.F., Pressman, S. (eds), A New Guide to Post-Keynesian Economics. London and New York: Routledge.
Smith, R., Zoega, G. (2009). ‘Keynes, investment, unemployment and expectations’,International Review of Applied Economics, 23 (4), pp. 427-444.
Stockhammer, E (2011). ‘Wage norms, capital accumulation and unemployment: A post Keynesian view’,Oxford Review of Economic Policy, 27 (2), pp. 295–311.
Advanced
Davidson, P. (1998). ‘Post Keynesian employment analysis and the macroeconomics of OECD unemployment’, The Economic Journal, 108 (448), pp. 817-831.
Stockhammer, E. (2008). ‘Is the NAIRU theory a monetarist, New Keynesian, Post Keynesian or a Marxist theory?’, Metroeconomica, 59 (3), pp. 479-510.
Storm, S, Naastepad, C.W.M. (2007). ‘It is high time to ditch the NAIRU’, Journal of Post Keynesian Economics, 29 (4), pp. 531-554.
Inflation
Introductory
Lavoie, M. (2014). ‘Inflation theory’, chapter 8 in Lavoie, M., Post-Keynesian Economics: New Foundations. Cheltenham, UK and Northampton, MA, USA: Edward Elgar.
Rowthorn, R. (1977). ‘Conflict, inflation and money’, Cambridge Journal of Economics, 1 (3), pp. 215-239.
Wray, L.R. (2001). ‘Money and inflation’, chapter 8 in Holt, R.P.F., Pressman, S. (eds), A New Guide to Post-Keynesian Economics. London and New York: Routledge.
Advanced
Arestis, P., Sawyer, M. (2005). ‘Aggregate demand, conflict and capacity in the inflationary process’, Cambridge Journal of Economics, 29 (6), pp. 959-974.
Setterfield, M. (2007). ‘The rise, decline and rise of incomes policies in the US during the post-war era: An institutional-analytical explanation of inflation and the functional distribution of income’. Journal of Institutional Economics, 3 (2), pp. 127-146.
Taylor, L. (2004). ‘Prices and distribution’, chapter 2 in Taylor, L., Reconstructing Macroeconomics. Structuralist Proposals and Critiques of the Mainstream. Cambridge, Massachusetts and London: Harvard University Press.
International economics
Introductory
Blecker, R.A. (2012). ‘International economics’, in King, J.E. (ed.), The Elgar Companion to Post Keynesian Economics. Cheltenham, UK and Northampton, MA, USA: Edward Elgar.
McCombie, J.S.L., Thirwall, A.P. (1999). ‘Growth in an international context: A Post-Keynesian view’, chapter 3 in Deprez, J., Harvey, J.T. (eds), Foundations of International Economics: Post Keynesian Perspectives. London and New York: Routledge.
Thirwall, A.P. (2013). ‘Balance of payments constrained growth: Theory and evidence’, chapter 5 in Thirwall, A.P., Economic Growth in an Open Developing Economy: The Role of Structure and Demand. Cheltenham, UK and Northampton, MA, USA: Edward Elgar.
Advanced
Blecker, R.A. (2011). ‘Open economy models of distribution and growth’, chapter 9 in Hein, E. and Stockhammer, E. (eds), A Modern Guide to Keynesian Macroeconomics and Economic Policies. Cheltenham, UK and Northampton, MA, USA: Edward Elgar.
Davidson, P. (2015). Full employment, open economy macroeconomics, and Keynes’ General Theory: Does the Swan diagram suffice?, Working Paper 95, Institute for New Economic Thinking.
Lavoie, M. (2014). ‘Open-economy macroeconomics’, chapter 7 in Lavoie, M., Post-Keynesian Economics: New Foundations. Cheltenham, UK and Northampton, MA, USA: Edward Elgar.
Perraton, J. (2003). ‘Balance of payments constrained growth and developing countries: an examination of Thirlwall’s hypothesis’, International Review of Applied Economics, 17 (1), pp. 1‐22.
Economic policy
Introductory
Arestis, P., Sawyer, M. (1998). ‘Keynesian economic policies for the new millenium’, The Economic Journal, 108 (446), pp. 181-195.
Arestis, P, McCauley, C., Sawyer, M. (2001). ‘An alternative stability pact for the European Union’, Cambridge Journal of Economics, 25 (1), pp. 113-130.
Harcourt, G. C., Kriesler, P. (2015). ‘Post-Keynesian theory and policy for modern capitalism’, Journal of Australian Political Economy, 75, pp. 27-41.
Shapiro, N. (2012). ‘Keynes, Steindl, and the critique of austerity economics’, Monthly Review, 64 (3), pp. 103-113.
Advanced
Asensio, A., Hayes, M. (2009). ‘The Post Keynesian alternative to inflation targeting’, European Journal of Economics and Economic Policies: Intervention, 6 (1), pp. 65-79.
Davidson, P. (2009). ‘Reforming the world’s money’, chapter 8 in Davidson, P., The Keynes Solution: The Path to Global Economic Prosperity. London and New York: Palgrave Macmillan.
Gechert, S. (2015). ‘What fiscal policy is most effective? A meta-regression analysis’, Oxford Economic Papers, 67 (3), pp. 553-580.
Kalecki, M. (1943). ‘Political aspects of full employment’, The Political Quarterly, 14 (4), pp. 322-330.
Tymoigne, R. (2008). ‘Minsky and economic policy: ‘Keynesianism’ all over again?’, Working Paper 547, The Levy Economics Institute of Bard College.
Supply-side and demand-side interactions
Introductory
Dutt, A. (2006). ‘Aggregate demand, aggregate supply and economic growth’, International Review of Applied Economics, 20 (3), pp. 319-36.
Setterfield, M. (2013). ‘Exploring the supply side of Kaldorian growth models’, Review of Keynesian Economics, 1 (1), pp. 22-36.
Skott, P. (2019). ‘Autonomous demand, Harrodian instability and the supply side’, Metroeconomica, 70 (2), pp. 233-246.
Tavani, D., Zamparelli, L. (2017). ‘Endogenous technical change in alternative theories of growth and distribution’, Journal of Economic Surveys, 31 (5), pp. 1272-1303.
Advanced
Fatás, A. Summers, L.H. (2018). ‘The permanent effects of fiscal consolidations’, Journal of International Economics, 112, pp. 238-250.
Hein, E., Tarassow, A. (2010). ‘Distribution, aggregate demand and productivity growth: theory and empirical results for six OECD countries based on a post-Kaleckian model’, Cambridge Journal of Economics, 34 (4), pp. 727-754.
Storm, S., Naastepad, C.W.M. (2017). ‘Bhaduri-Marglin meet Kaldor-Marx: wages, productivity and investment’, Review of Keynesian Economics, 5 (1), pp. 4-24.
Vergeer, R., Kleinknecht, A. (2010). ‘The impact of labor market deregulation on productivity: a panel data analysis of 19 OECD countries (1960-2004)’, Journal of Post Keynesian Economics, 33 (2), pp. 371-408.
Stock-flow consistent modelling
Brochier, L., Silva, A.C.M.E. (2019). ‘A supermultiplier Stock-Flow Consistent model: the “return” of the paradoxes of thrift and costs in the long run?’, Cambridge Journal of Economics, 43 (2), pp. 413-442.
Caverzasi, E., Godin, A. (2015). ‘Post-Keynesian stock-flow-consistent modelling: a survey’, Cambridge Journal of Economics, 39 (1), pp. 157-187.
Lavoie, M., Godley, W. (2001-2). ‘Kaleckian models of growth in a coherent stock-flow monetary framework: A Kaldorian view’,Journal of Post Keynesian Economics, 24 (2), pp. 277-311.
Le Heron, E., Mouakil, T. (2008). ‘A Post-Keynesian stock-flow consistent model for dynamic analysis of monetary policy shock on banking behaviour’, Metroeconomica, 59 (3), pp. 405-440.
Nikiforos, M., Zezza, G. (2017). ‘Stock‐flow consistent macroeconomic models: A survey’, Journal of Economic Surveys, 31 (5), pp. 1204-1239.
Post-Keynesian economics and agent-based modelling
Caiani, A., Godin, A., Caverzasi, E., Gallegati, M., Kinsella, S., Stiglitz, J.E. (2016). ‘Agent based-stock flow consistent macroeconomics: Towards a benchmark model’, Journal of Economic Dynamics and Control, 69, pp. 375-408.
Carvalho, L., Di Guilmi, C. (2020). ‘Technological unemployment and income inequality: a stock-flow consistent agent-based approach’, Journal of Evolutionary Economics, 30 (1), pp. 39-73.
Di Guilmi, C. (2017). ‘The agent‐based approach to Post Keynesian macro‐modeling’, Journal of Economic Surveys, 31 (5), pp. 1183-1203.
Dosi, G., Fagiolo, G., Roventini, A. (2010). ‘Schumpeter meeting Keynes: A policy-friendly model of endogenous growth and business cycles’, Journal of Economic Dynamics and Control, 34 (9), pp. 1748-1767.
Gibson, B., Setterfield, M. (2018). ‘Real and financial crises in the Keynes-Kalecki structuralist model: An agent-based approach’, Metroeconomica, 69 (3), pp. 566-592.
Finance
Monetary economics (including endogenous money)
Introductory
Arestis, P., Sawyer, M. (2006).‘The nature and the role of monetary policy when money is endogenous’, Cambridge Journal of Economics, 30 (6), pp. 847-860.
Davidson, P. (2006). ‘Keynes and money’, chapter 9 in Arestis, P., Sawyer, M. (eds), A Handbook of Alternative Monetary Economics, Cheltenham, UK and Northampton, MA, USA: Edward Elgar.
Fontana, G. (2017). ‘A revisitation of the debate between the horizontalist and structuralist analyses of endogenous money: Single-period analysis versus continuation analysis’, chapter 19 in Rochon, L.-P., Rossi, S. (eds), Advances in Endogenous Money Analysis, Cheltenham, UK and Northampton, MA, USA: Edward Elgar.
Wray, L.R., Tymoigne, E. (2009). ‘Macroeconomics meets Hyman P. Minsky: The financial theory of investment’, chapter 12 in Fontana, G., Setterfield, M. (eds), Macroeconomic Theory and Macroeconomic Pedagogy. London and New York: Palgrave Macmillan.
Advanced
Fullwiller, S.T. (2017). ‘Modern central bank operations: The general principles’, chapter 2 in Rochon, L.-P., Rossi, S. (eds), Advances in Endogenous Money Analysis, Cheltenham, UK and Northampton, MA, USA: Edward Elgar.
Gabor, D. (2016). ‘The (impossible) repo trinity: the political economy of repo markets’, Review of International Political Economy, 23 (6), pp. 967-1000.
Lavoie, M. (2014). ‘Credit, money and central banks’, chapter 4 in Lavoie, M., Post-Keynesian Economics: New Foundations. Cheltenham, UK and Northampton, MA, USA: Edward Elgar.
Setterfield, M. (2017). ‘An essay on horizontalism, structuralism and historical time’, chapter 18 in Rochon, L.-P., Rossi, S. (eds), Advances in Endogenous Money Analysis, Cheltenham, UK and Northampton, MA, USA: Edward Elgar.
Sissoko, C. (2015). ‘The bank-centered view of the money market part I: Why banks are different’, University of Southern California Law School Legal Studies Working Paper Series 144.
Financial crises
Introductory
Crotty, J. (2009). ‘Structural causes of the global financial crisis: A critical assessment of the ‘new financial architecture’ ’, Cambridge Journal of Economics, 33 (4), pp. 563-580.
Minsky, H.P. (1992). The financial instability hypothesis, Working Paper 74, The Levy Economics Institute.
Palley, T. (2009). The limits of Minsky’s financial instability hypothesis as an explanation of the crisis, Working Paper 11/2009, IMK.
Stockhammer, E. (2015). ‘Rising inequality as a cause of the present crisis’, Cambridge Journal of Economics, 39 (3), pp. 935-958.
Advanced
Bonizzi, B., Kaltenbrunner, A. (2019). ‘Liability-driven investment and pension fund exposure to emerging markets: A Minskyan analysis’, Environment and Planning A: Economy and Space, 51 (2), pp. 420-439.
Dymski, G. (2010). ‘Why the subprime crisis is different: A Minskyian approach’, Cambridge Journal of Economics, 34 (2), pp 239-255.
Keen, S. (2015). ‘Post-Keynesian theories of crisis’, American Journal of Economics and Sociology, 74 (2), pp. 298-324.
Kregel, J. (2009). The natural instability of financial markets, Working Paper 04/2009, The IDEAS Working Paper Series.
Nikolaidi, M., Stockhammer, E. (2017). ‘Minsky models: A structured survey’, Journal of Economic Surveys, 31 (5), pp. 1304-1331.
Financialisation
Introductory
Bezemer, D., Hudson, M. (2016). ‘Finance is not the economy: reviving the conceptual distinction’, Journal of Economic Issues, 50 (3), pp. 745-768.
Epstein, G.A. (2016). ‘Financialization’, chapter 15 in Rochon, L-P., Rossi, S. An Introduction To Macroeconomics: A Heterodox Approach To Economic Analysis. Cheltenham, UK and Northampton, MA, USA: Edward Elgar.
Palley, T.I. (2007). ‘Financialization: What it is and why it matters’, Working paper 525, The Levy economics Institute of Bard College.
Stockhammer, E. (2013). ‘Financialization and the global economy’, chapter 25 in Epstein G., Wolfson, M. (eds), The Handbook of the Political Economy of Financial Crises, New York: Oxford University Press.
Advanced
Bortz, P.G., Kaltenbrunner, A. (2018). ‘The international dimension of financialization in developing and emerging economies’, Development and Change, 49 (2), pp. 375-393.
Hein, E. (2019). ‘Financialisation and tendencies towards stagnation: the role of macroeconomic regime changes in the course of and after the financial and economic crisis 2007-09’, Cambridge Journal of Economics, 43(4), pp. 975-999.
Karwowski, E. (2019). ‘Towards (de-) financialisation: the role of the state’, Cambridge Journal of Economics, 43 (4), pp. 1001-1027.
Sen, S., Dasgupta, Z. (2018). ‘Financialisation and corporate investments: the Indian case’, Review of Keynesian Economics, 6 (1), pp. 96-113.
Skott, P., Ryoo, S. (2008). ‘Macroeconomic implications of financialisation’, Cambridge Journal of Economics, 32 (6), pp. 827-862.
Other Key Areas
Microeconomics
Introductory
Dunn, S.P. (2002). ‘A Post Keynesian approach to the theory of the firm’, chapter 5 in Dow, S.C., Hillard, J. (eds), Post Keynesian Econometrics, Microeconometrics and the Theory of the Firm: Beyond Keynes, Volume 1. Cheltenham, UK and Northampton, MA, USA: Edward Elgar.
Lavoie, M. (2001). ‘Pricing’, chapter 3 in Holt, R.P.F., Pressman, S. (eds), A New Guide to Post-Keynesian Economics. London and New York: Routledge.
Lavoie, M. (2006). ‘Heterodox microeconomics’, chapter 2 in Lavoie, M. Introduction to Post-Keynesian Economics. London and New York: Palgrave Macmillan.
Shapiro, N. (1981). ‘Pricing and the growth of the firm’, Journal of Post Keynesian Economics, 4 (1), pp. 85-100.
Advanced
Harcourt, G.C. (2006). ‘Post-Keynesian theories of the determination of the mark-up’, chapter 2 in Harcourt, G.C., The Structure of Post-Keynesian Economics: The Core Contributions of the Pioneers. Cambridge: Cambridge University Press.
King, J.E. (2015). ‘Post-Keynesian microeconomics’, in King, J.E., Advanced Introduction to Post Keynesian Economics, Cheltenham, UK and Northampton, MA, USA: Edward Elgar.
Lavoie, M. (2014). ‘Theory of the choice’, chapter 2 in Lavoie, M., Post-Keynesian Economics: New Foundations. Cheltenham, UK and Northampton, MA, USA: Edward Elgar.
Lee, F.S. (1999). ‘The pricing model, the grounded pricing foundation, and Post Keynesian price theory’, chapter 12 in Lee, F.S., Post Keynesian Price Theory. Cambridge: Cambridge University Press.
Methodology and post-Keynesian economics
Introductory
Chick, V. (1995). ‘Is there a case for Post Keynesian economics?’, Scottish Journal of Political Economy, 42 (1), pp. 20-36.
Davidson, P. (2005). ‘The Post Keynesian school’, chapter 8 in Snowdon, B., Vane, H.R. (eds), Modern Macroeconomics: Its Origins, Development and Current State. Cheltenham, UK and Northampton, MA, USA: Edward Elgar.
Dow, S.C. (2013). ‘Methodology and Post-Keynesian economics’, chapter 3 in Harcourt, G.C., Kriesler, P. (eds),The Oxford Handbook of Post-Keynesian Economics, Volume 2: Critiques and Methodology. New York: Oxford University Press.
Hamouda, O.F., Harcourt, G.C. (1988). ‘Post Keynesianism: from criticism to coherence?’, Bulletin of Economic Research, 40, pp. 1-33.
Advanced
Chick, V. (2013). ‘The future is open: On open-system theorising in economics’, chapter 3 in Jespersen, J., Madsen, M.O. (eds), Teaching Post Keynesian Economics. Cheltenham, UK and Northampton, MA, USA: Edward Elgar.
Davidson, P. (1991). ‘Is probability theory relevant for uncertainty?’, Journal of Economic Perspectives, 5(1), pp. 129-143.
Kregel, J. (1976). ‘Economic methodology in the face of uncertainty: The modelling methods of Keynes and the Post-Keynesians’, Economic Journal, 86 (342), pp. 209-225.
Lavoie, M. (2011). ‘History and methods of Post-Keynesian economics’, chapter 1 in Hein, E., Stockhammer, E. (eds), A Modern Guide to Keynesian Macroeconomics and Economic Policies. Cheltenham, UK and Northampton, MA, USA: Edward Elgar.
Critiques of mainstream approaches
Arestis, P. (2009). ‘New consensus macroeconomics: A critical appraisal’, WP05-09, Cambridge Centre for Economic and Public Policy, Department of Land Economy, University of Cambridge.
Hayes, M. (2009). ‘Efficient markets hypothesis’, in King, J.E. (ed.), The Elgar Companion to Post Keynesian Economics. Cheltenham, UK and Northampton, MA, USA: Edward Elgar.
Felipe, J., McCombie, J. (2010). ‘On accounting identities, simulation experiments and aggregate production functions: A cautionary tale for (neoclassical) growth theorists’, chapter 9 in Setterfield, M. (ed.), Handbook of Alternative Theories of Economic Growth. Cheltenham, UK and Northampton, MA, USA: Edward Elgar.
Palley, T.I. (2015). ‘The theory of global imbalances: Mainstream economics vs structural Keynesianism’, Review of Keynesian Economics, 3 (1), pp. 45-62.
Cambridge capital controversies
Cohen, A.J., Harcourt, G.C. (2003). ‘Retrospectives: Whatever happened to Cambridge capital controversies?’, Journal of Economic Perspectives, 17 (1), pp. 199-214.
Harcourt, G.C. (1969). ‘Some Cambridge controversies in the theory of capital’, Journal of Economic Literature, 7 (2), pp. 369-405.
King, J. (2002). ‘Those Cambridge controversies’, chapter 4 in King, J.E., A History of Post-Keynesian Economics since 1936. Cheltenham, UK and Northampton, MA, USA: Edward Elgar.
Moss, S, (1980). ‘The end of orthodox capital theory’, chapter 4 in Nell, E., Growth, Profits and Property. Essays in the Revival of Political Economy. Cambridge: Cambridge University Press.
Post-Keynesian economics and other schools of thought
Chick, V., Tily, G. (2014). ‘Whatever happened to Keynes’s monetary theory?’, Cambridge Journal of Economics, 38 (3), pp. 681-699.
King, J.E. (2012). ‘Post Keynesian and others’, Review of Political Economy, 24 (2), pp. 305-319.
Lavoie, M. (2014). ‘Essentials of heterodox and post-Keynesian economics’, chapter 1 in Lavoie, M., Post-Keynesian Economics: New Foundations. Cheltenham, UK and Northampton, MA, USA: Edward Elgar.
Post-Keynesian and development economics
Cunha, A.M., Prates, D.M. and da Silva, P.P. (2020). ‘External Financial Liberalization and Macroeconomic Performance in Emerging Countries: An Empirical Evaluation of the Brazilian Case’, Development and Change, https://doi.org/10.1111/dech.12602
Dutt, A.K. (2002). ‘Thirwall’s law and uneven development’, Journal of Post Keynesian Economics 24 (3), pp. 367-390.
Naqvi, N. (2018). ‘Finance and industrial policy in unsuccessful developmental states: The case of Pakistan’, Development and Change, 49 (4), pp. 1064-1092.
Itaman, R., Wolf, C. (2019). ‘Industrial policy and monopoly capitalism in Nigeria: Lessons from the Dangote business conglomerate’, Center of African Economies (CAE) Working Paper 2019: 2.
Vernengo, M. (2006). ‘Technology, finance, and dependency: Latin American radical political economy in retrospect’, Review of Radical Political Economics 38 (4), pp. 551-568.
Post-Keynesian and ecological economics
Bovari, E., Giraud, G., Mc Isaac, F. (2018). ‘Coping with collapse: A stock-flow consistent monetary macrodynamics of global warming’, Ecological Economics, 147, pp. 383-398.
Dafermos, Y., Nikolaidi, M. (2019). ‘Fiscal policy and ecological sustainability: A post-Keynesian perspective’, PKES Working paper 1912.
Dafermos, Y., Nikolaidi, M., Galanis, G. (2017) ‘A stock-flow-fund ecological macroeconomic model’, Ecological Economics, 131, pp. 191-207.
Fontana, G., Sawyer, M. (2016). ‘Towards post-Keynesian ecological macroeconomics’, Ecological Economics, 121, pp. 186-195.
Rezai, A., Taylor, L., Foley, D. (2018). ‘Economic growth, income distribution, and climate change’, Ecological Economics, 146, pp. 164-172.
Gender and post-Keynesian economics
Braunstein, E., van Staveren, I., Tavani, D. (2011). ‘Embedding care and unpaid work in macroeconomic modeling: A structuralist approach’, Feminist Economics, 17 (4), pp. 5-31.
Onaran, ?., Oyvat, C. and Fotopoulou, E., 2019. ‘The effects of gender inequality, wages, wealth concentration and fiscal policy on macroeconomic performance’, GPERC Working Paper No. GPERC71.
Seguino, S. (2020). ‘Engendering Macroeconomic Theory and Policy’, Feminist Economics, 26 (2), pp. 27-61.
Todorova, Z. (2009). ‘Towards a gendered Post Keynesian–institutional analysis’, chapter 4 in Todorova, Z., Money and Households in a Capitalist Economy: A Gendered Post Keynesian-Institutional Analysis, Cheltenham, UK and Northampton, MA, USA: Edward Elgar.
van Staveren, I. (2010). ‘Post-Keynesianism meets feminist economics’, Cambridge Journal of Economics, 34 (6), pp. 1123-1144.
Social inequalities and post-Keynesian economics
Arestis, P., Charles, A., Fontana, G. (2015). ‘Power, intergroup conflicts and social stratification in the United States: What has the Global Crisis Taught us?’, Review of Social Economy, 73 (4), pp. 370-387.
Darity, W. Jr. (2002). ‘Racial/Ethnic Disparity and Economic Development’, chapter 7 in Davidson, P. (ed.), A Post Keynesian Perspective on Twenty-First Century Economic Problems. Cheltenham, UK and Northampton, MA, USA: Edward Elgar.
Dymski, G., Hernandez, J. and Mohanty, L. (2013). ‘Race, gender, power, and the US subprime mortgage and foreclosure crisis: A meso analysis’, Feminist Economics, 19 (3), pp. 124-151.
Ederer, S., Mayerhofer, M., Rehm, M. (2019). ‘Rich and ever richer: Differential returns across socio-economic groups’, Ecological Economic Papers, 29. WU Vienna University of Economics and Business, Vienna.
Szymborska, H.K. (2019). ‘Wealth structures and income distribution of US households before and after the Great Recession’, Structural Change and Economic Dynamics, 51, pp. 168-185.
Post-Keynesian economics and comparative/international political economy
Baccaro, L., Pontusson, J. (2016). ‘Rethinking comparative political economy: the growth model perspective’, Politics & Society, 44 (2), pp. 175-207.
Blyth, M., Matthijs, M. (2017). ‘Black swans, lame ducks, and the mystery of IPE’s missing macroeconomy’, Review of International Political Economy, 24 (2), pp. 203-231.
Braun, B., Gabor, D., Hübner, M. (2018). ‘Governing through financial markets: Towards a critical political economy of Capital Markets Union’, Competition & Change, 22 (2), pp. 101-116.
Schwartz, H.M., Tran?y, B.S. (2019). ‘Thinking about thinking about Comparative Political Economy: From macro to micro and back’, Politics & Society, 47 (1), pp. 23-54.
Stockhammer, E., Durand, C., List, L. (2016). ‘European growth models and working class restructuring: An International post-Keynesian Political Economy perspective’, Environment and Planning A: Economy and Space, 48 (9), pp. 1804-1828.
Books
Classic books
Kalecki, M. (1968). Theory of Economic Dynamics: An Essay on Cyclical and Long-Run Changes in Capitalist Economy. New York: Monthly Review Press.
Keynes, J. (1978). The General Theory of Employment, Interest and Money. The collected writings of John Maynard Keynes volume VII. Cambridge: Cambridge University Press.
Minsky, H.P. (1986). Stabilizing an Unstable Economy. New Haven and London: Yale University Press.
Robinson, J. (1956). The Accumulation of Capital. London and New York: Palgrave Macmillan.
Steindl, J. (1952). Maturity and Stagnation in American Capitalism. US: Monthly Review Press.
Handbooks/companions
Introductory
Harcourt, G.C., Kriesler, P. (2013).The Oxford Handbook of Post-Keynesian Economics, Volume 1: Theory and Origins, New York: Oxford University Press.
Harcourt, G.C., Kriesler, P. (2013).The Oxford Handbook of Post-Keynesian Economics, Volume 2: Critiques and Methodology, New York: Oxford University Press.
King, J.E. (2012). The Elgar Companion to Post Keynesian Economics. Cheltenham, UK and Northampton, MA, USA: Edward Elgar.
Advanced
Arestis, P., Sawyer, M. (2006). A Handbook of Alternative Monetary Economics, Cheltenham, UK and Northampton, MA, USA: Edward Elgar.
Epstein, G., Wolfson, M. (2013). The Handbook of the Political Economy of Financial Crises, New York: Oxford University Press.
Setterfield, M. (2010). Handbook of Alternative Theories of Economic Growth. Cheltenham, UK and Northampton, MA, USA: Edward Elgar.
Backhouse, R.E., Bateman, B.W. (2006). The Cambridge Companion to Keynes,London and New York: Palgrave Macmillan.
Papadimitriou, D., Wray, L.R. (2010). The Elgar Companion to Hyman Minsky, UK and Northampton, MA, USA: Edward Elgar.
Other books
Introductory
Davidson, P. (2015). Post Keynesian Theory and Policy: A Realistic Analysis of the Market Oriented Capitalist Economy. Cheltenham, UK and Northampton, MA, USA: Edward Elgar.
Davidson, P. (2017). Who’s Afraid of John Maynard Keynes? Challenging Economic Governance in an Age of Growing Inequality. London and New York: Palgrave Macmillan.
Dow, S.C. (1985). Macroeconomic Thought: A Methodological Approach. Oxford: Basil Blackwell.
Fontana, G., Setterfield, M. (2009). Macroeconomic Theory and Macroeconomic Pedagogy. London and New York: Palgrave Macmillan.
Holt, R.P.F., Pressman, S. (2001). A New Guide to Post-Keynesian Economics. London and New York: Routledge.
Keen, S. (2011). Debunking Economics: The Naked Emperor Dethroned?, Zed Books, UK.
King, J.E. (2002). A History of Post-Keynesian Economics since 1936. Cheltenham, UK and Northampton, MA, USA: Edward Elgar.
Lavoie, M. (2006). An Introduction to Post-Keynesian Economics. London and New York: Palgrave Macmillan.
Rochon, L-P., Rossi, S. (2016). An Introduction to Macroeconomics: A Heterodox Approach to Economic Analysis. Cheltenham, UK and Northampton, MA, USA: Edward Elgar.
Sheehan, B. (2009). Understanding Keynes’ General Theory. London and New York: Palgrave Macmillan.
Thirlwall, A.P. (2002). The Nature of Economic Growth: An Alternative Framework for Understanding the Performance of Nations. Cheltenham, UK and Northampton, MA, USA: Edward Elgar.
Wray, R. (2012). Modern Money Theory a Primer on Macroeconomics for Sovereign Monetary Systems. Basingstoke and New York: Palgrave Macmillan.
Advanced
Arestis, P., Sawyer, M.C. (2010). 21st Century Keynesian Economics. Basingstoke and New York: Palgrave Macmillan.
Beker, V.A. (2019). Alternative Approaches to Economic Theory: Complexity, Post Keynesian and Ecological Economics. London and New York: Routledge.
Blecker, R.A., Setterfield, M. (2019). Heterodox Macroeconomics: Models of Demand, Distribution and Growth. Cheltenham, UK and Northampton, MA, USA: Edward Elgar.
Bougrine, H., Rochon, L.-P. (2020). Economic Growth and Macroeconomic Stabilization Policies in Post-Keynesian Economics. Cheltenham, UK and Northampton, MA, USA: Edward Elgar.
Cardim de Carvalho, F.J. (1992). Mr. Keynes and the Post Keynesians: Principles of Macroeconomics for a Monetary Production Economy. Cheltenham, UK and Northampton, MA, USA: Edward Elgar.
Chick, V. (1983). Macroeconomics after Keynes: A Reconsideration of the General Theory. Cambridge, MA: The MIT Press.
Davidson, P. (2011). Post Keynesian Macroeconomic Theory. Cheltenham, UK and Northampton, MA, USA: Edward Elgar, 2nd edition.
Dow, S.C. (1996). The Methodology of Macroeconomic Thought: A Conceptual Analysis of Schools of Thought in Economics. Cheltenham, UK and Northampton, MA, USA: Edward Elgar.
Dow, S., Jespersen, J., Tily, G. (2018). Money, Method and Contemporary Post-Keynesian Economics. Cheltenham, UK and Northampton, MA, USA: Edward Elgar.
Dutt, A.K. (1990). Growth, Distribution, and Uneven Development. Cambridge: Cambridge University Press.
Dymski, G., Pollin, R. (1994). New Directions in Monetary Macroeconomics: Essays in the Tradition of Hyman P. Minsky. University of Michigan Press.
Eatwell, J., Milgate, M. (2011). The Fall and Rise of Keynesian Economics. New York: Oxford University Press.
Eichner, A.S. (1976). The Megacorp and Oligopoly Micro Foundations of Macro Dynamics. UK: Cambridge University Press.
Fazzari, S.M., Papadimitriou, D. (1992). Financial Conditions and Macroeconomic Performance. New York and London: ME Sharpe.
Galbraith, J.K. (2012). Inequality and Instability: A Study of the World Economy Just Before the Great Crisis. New York: Oxford University Press.
Halevi, J., Harcourt, G., Kriesler, P., Nevile, J. (2019). Post-Keynesian Essays from Down Under Volume IV: Essays on Theory: Theory and Policy in an Historical Context. London and New York: Palgrave Macmillan.
Harcourt, G.C. (2006). The Structure of Post-Keynesian Economics: The Core Contributions of the Pioneers. Cambridge: Cambridge University Press.
Harcourt, G.C., Kerr, P. (2009). Joan Robinson. London and New York: Palgrave Macmillan.
Harcourt, G., Kriesler, P., Halevi, J., Nevile, J. (2016). Post-Keynesian Essays from Down Under Volume I: Essays on Keynes, Harrod and Kalecki Theory and Policy in an Historical Context. London and New York: Palgrave Macmillan.
Hein, E. (2011). Distribution and Growth after Keynes. Cheltenham, UK and Northampton, MA, USA: Edward Elgar.
Hein, E., Stockhammer, E. (2011). A Modern Guide to Keynesian Macroeconomics and Economic Policies. Cheltenham, UK and Northampton, MA, USA: Edward Elgar.
Harris, D.J. (1978). Capital Accumulation and Income Distribution. Stanford University Press.
Jespersen, J., Olesen, F. (2019). Progressive Post-Keynesian Economics: Dealing with Reality. Cheltenham, UK and Northampton, MA, USA: Edward Elgar.
Kaldor, N. (1982). The Scourge of Monetarism, New York: Oxford University Press.
King, J.E. (2015). Advanced Introduction to Post Keynesian Economics, Cheltenham, UK and Northampton, MA, USA: Edward Elgar.
Lavoie, M. (2014). Post-Keynesian Economics: New Foundations. Cheltenham, UK and Northampton, MA, USA: Edward Elgar.
Marglin, S. (1984). Growth, Distribution, and Prices. Cambridge, Massachusetts and London: Harvard University Press.
Minsky, H.P. (1975). John Maynard Keynes. New York-London: McGraw-Hill.
Moore, B.J. (1988). Horizontalists and verticalists: The macroeconomics of credit money. Cambridge: Cambridge University Press.
Pasinetti, L.L. (2007). Keynes and the Cambridge Keynesians: A ‘Revolution in Economics’ to be Accomplished. Cambridge, Massachusetts and London: Harvard University Press.
Rochon, L.-P., Rossi, S. (2017). Advances in Endogenous Money Analysis, Cheltenham, UK and Northampton, MA, USA: Edward Elgar.
Rochon, L.-P., Rossi, S. (2018). A Modern Guide to Rethinking Economics, Cheltenham, UK and Northampton, MA, USA: Edward Elgar.
Rochon, L.-P., Bougrine, H. (2020). Credit, Money and Crises in Post-Keynesian Economics. Cheltenham, UK and Northampton, MA, USA: Edward Elgar.
Rochon, L.-P., Monvoison, V. (2019). Finance Growth and Inequality. Cheltenham, UK and Northampton, MA, USA: Edward Elgar.
Skidelsky, R. (2018). Money and Government: The Past and Future of Economics. New Haven and London: Yale University Press.
Steindl, J. (1990). Economic Papers 1941-88. London and New York: Palgrave Macmillan.
Taylor, L. (2004). Reconstructing Macroeconomics. Structuralist Proposals and Critiques of the Mainstream. Cambridge, Massachusetts and London: Harvard University Press.
Taylor, L. (2010). Maynard's Revenge: The Collapse of Free Market Macroeconomics. Cambridge, Massachusetts and London: Harvard University Press.
Thirwall, A.P. (2015). Essays on Keynesian and Kaldorian Economics. London and New York: Palgrave Macmillan.
Toporowski, J. (2013). Micha? Kalecki: An Intellectual Biography, Volume I: Rendezvous in Cambridge 1899-1939.London and New York: Palgrave Macmillan.
Toporowski, J. (2018). Micha? Kalecki: An Intellectual Biography, Volume II: By Intellect Alone 1939-1970,London and New York: Palgrave Macmillan.
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