Quelle: IMK
FMM Conference 2026: Shaping macroeconomics in times of global transformation: 30 years of FMM
| Veranstalter: | IMK in der Hans-Böckler-Stiftung |
| Ort: | Berlin, Holiday Inn Conference Center, Holiday Inn Conference Center |
| vom: | 22.10.2026 |
| bis: | 24.10.2026 |
Livestream Day 1
Livestream Day 2
Livestream Day 3
About the Conference
In the 1990s, supply-side economics dominated both economic theory and policy worldwide. Government intervention and demand management were widely viewed as outdated, and the United States appeared to be the unquestioned role model for economic success, with the US dollar as the natural global currency. Three decades and several crises later, the global economic landscape has changed profoundly. Free trade is increasingly replaced by trade restrictions and geopolitical rivalries, even among former allies. While this shift undoubtedly creates risks, it may also open opportunities, for example through new alliances focused on climate protection and sustainable development. At the same time, the emergence of a multipolar world is reshaping the international monetary system and may even question the Dollar dominance. During these three decades, the Forum for Macroeconomics and Macroeconomic Policies (FMM) has provided a platform for discussing post-Keynesian and other critical macroeconomic approaches in the face of changing global challenges and crises, while also supporting the development of new generations of critical researchers. The upcoming FMM Conference focusses on past developments of and current challenges for heterodox economics, 30 years after the foundation of the FMM and 50 years after the formation of post-Keynesian economics. Challenges to be addressed are the North-South conflict, climate change, and escalating geopolitical crises.
The submission of papers in the following areas was particularly encouraged:
- Post-Keynesian economics during the last three decades – country studies
- Post-Keynesian economics in the age of stagnation
- Industrial Policy and Trade in time of peace and conflict
- Monetary Macroeconomics and Financial Economics
- Global monetary reform and financial regulations
- Ecological and climate economics
- Gendering macroeconomics
Contributions to the plenary sessions will be published after the conference in the European Journal of Economics and Economics Policies: Intervention (EJEEP), which is the peer-reviewed journal affiliated with the FMM. We also encourage researchers to submit their papers to EJEEP, if they align with the aims and scope of the journal.
Program (pdf)
Contact:
Sabine Nemitz
fmm(at)boeckler.de
Parallel Sessions
FISCAL POLICY AND DISTRIBUTION
Chair: Leila Davis
Who Benefits? Distributional Effects of Fiscal Policy on Household Income
Daniel Fernández Romero, Autonomous University of Madrid, R. Gonzálvez
Fiscal policies, distributional conflict and inflation: from Haavelmo’s theorem to Lerner’s functional finance approach
Cara Dabrowski, The Vienna Institute for International Economic Studies (wiiw), Eckhard Hein
When Is Progressive Taxation Expansionary? Inequality, Public Debt, and Demand-Led Growth
Marina da Silva Sanches, University of São Paulo (USP), J. F. Costa Santos
Beyond Austerity: A Post-Keynesian Path for Public Investment and Structural Transformation in the MENA Region
Jalal Qanas, College of Business and Economics Qatar University, A Rabhi, Malcolm Sawyer
MONETARY THEORY AND PRACTICE
Chair: Jan Priewe
Teaching a Revolution in Economic Thought: Endogenous Money and the Macroeconomy
Sam Hummel, Duke University
TARGET2 Imbalances as a Settlement Substitute: Interbank Market Fragmentation and Financial Stress in the Euro Area
Karlo Vujeva, University of Zagreb
Rates and Fates: Monetary Policies and Income Inequality in an Agent-Based Stock-Flow Consistent Framework
Dany Lang, University Sorbonne Paris Nord
Endogenous Aspirations in an Evolutionary Game Approach to Conflict Inflation
Ricardo Araujo, University of Brasilia, Helio Fonseca, Helmar Moreira
INDUSTRIAL POLICY AND DEVELOPMENT
Chair: Steven Fazzari
Industrial Policy Constrained by the Macroeconomic Regime: An Empirical Assessment of Brazil
André Nassif, Fluminense Federal University, Carmem Feijó, Eliane Araújo, Paula César Morceiro
Post-Keynesian Policies for Emerging Economies: From ‘The End of Laissez-Faire’ to the end of neoliberalism?
Fernando Ferrari-Filho, Federal University of Rio Grande do Sul (UFRGS) and Brazilian National Council for Science and Technology Development (CNPq), Luiz Fernando de Paula
Reconceptualising Financing for Development
Redge Nkosi, African Heterodox Economics Network
The UK economy since the EU referendum
Catherine Mathieu, OFCE
GLOBAL VALUE CHAINS AND TRADE
Chair: Till van Treeck
European Growth Models in Global Value Chains: Does Participation Shape Economic Performance?
Daniel Herrero, Complutense Institute of International Studies, ICEI, Sascha Keil, Walter Paternesi Meloni, Adrián Rial
Global Value Chains and International Value Chains
Patrick Mokre, Austrian Federal Chamber of Labor Vienna
Tariffs and Twin Deficits: Evidence from the US Tariff Hikes of 2025
Sascha Keil, Chemnitz University of Technology, Walter Paternesi Meloni
Cumulative causation, heterogeneous expectations in FX markets, and export-led growth
Marwil Davila-Fernandez, Colorade State University, Rebecca Fratello
ECOLOGICAL TRANSFORMATION
Chair: Ekaterina Jürgens
Environmental Degradation and the Omitted Side of the Dutch Disease: Evidence on the Brazilian Economy (2003-2022)
Carlos Caldarelli, State University of Londrina, Eliane Araújo, Samuel Peres, Elisangela Araujo
The Distributive Consequences of Degrowth Under Conditions of Full Employment
Eduardo Veciana, Roskilde University
An analysis of biodiversity and the macroeconomy of China
David An, University of Siena, Tiziano Distefano, Samuele Bibi, Xi Ji
Beyond GDP per Capita: Interpopulation Inequality and Alternative Measures of European Convergence in the EU-27, 1995–2025
Nikolaus Kowall, FH des BFI Wien, Laura Schwietz
LABOUR AND TRADE UNIONS
Chair: Zarah Westrich
Unionization Dynamics through the Lens of Comparative Political Economy
Christian Proaño, University of Bamberg, Giorgos Galanis, Achilleas Mantes , Naira Kotb
Multiplicity, distance and unionisation dynamics
Giorgos Galanis, Queen Mary University of London, Ryan Lamare, Christian Proaño
From Legalization to Institutionalized Marginalization: Trade Union Density in Greece, 1970-2020
Aggela Papadopoulou, City St George‘s University of London, Giorgos Gouzoulis
Industrial relations, demand and technological change: the case of Greece
Michalis Nikiforos, University of Geneva, Vlassis Missos, Christos Pierros, Nikolaos Rodousakis
FINANCIALIZATION AND CORPORATE PROFITABILITY
Chair: Giorgos Gouzoulis
A Mixed-Methods Study of the Determinants of Target Profit Rates in Brazilian Non-Financial Corporations
Candelaria Fernández Tucci, Roma Tre University
Is Ratchet Behavior Crowding Out Investment? New Results for Corporate Financialization in South Africa
Florian Wirth, University Sorbonne Paris Nord
Corporate financialization in the age of asset managers: Emerging traits of financial imperialism
Krystian Filippo Maria Bua, Sant‘Anna School of Advanced Studies Pisa, Giovanni Dosi, Costas Lapavitsas, Maria Erica Vigillito
How Real Is Competition? An Analysis of Profit Rate Dynamics Among German Firms After 1990
Maximilian Krimmer, University of Duisburg-Essen
INTERNATIONAL TRADE AND FINANCE
Chair: Hansjörg Herr
Corporate Concentration, Financialization, Commodity Price Formation, and Exchange Rate Dynamics: Implications for Food Security
Angelica Huerta Ojeda, University of Campinas - UNICAMP
Does FDI constrain long-term development? Outflows matter more than inflows
Jannis Max Ernst Müller-Hester, Dirk J. Bezemer
Reproducing Uneven Development: Global Capital Goods Production and Trade Relations
Jonas Kampuš, University Sorbonne Paris Nord
Central in Production, Peripheral in Money? Reassessing Center–Periphery in Sino-Latin American Relations
Thaís Araripe, Federal University of Rio Grande do Sul (UFRGS), Luiza Peruffo
ECOLOGICAL MACROECONOMICS
Chair: Svenja Flechtner
Job Guarantee in the Ecological Transition: The Role of Full Employment for Sustainable Development – The Case of France
Daniela Murcia, Côte d‘Azur University
Demand-led growth in the Anthropocene: a long-run model of conflict inflation and climate damage
Liam Mc Court, University of Siena
The Tail the Subsidy Doesn’t Reach: Distributional Evidence on Extreme Energy Burdens in the US
Louise Drozdek, University of Duisburg-Essen, Franziska Dorn, Simone Maxand
Structural Limitations of the European Union under Decarbonisation
Louis Kesse, University Sorbonne Paris Nord
DEMAND, DISTRIBUTION AND GROWTH
Chair: Eckhard Hein
Demand and Productivity Regimes in Switzerland: 1950-2025
Celal Guney, University of Geneva
Endogenous Autonomous Demand and the Supermultiplier: The Return of the Paradoxes of Thrift and Cost?
Jonas Plattner, Berlin School of Economics and Law
Moving in a Cycle: Are we Going Somewhere With Potential Output Estimations?
Leo Primavesi, Leuphana University
Dynamics of Capital and Trade Union Power in Germany: A System Dynamics Analysis
Philipp Hübben, Ruhr University Bochum
FISCAL AND MONETARY POLICY
Chair: Sebastian Gechert
Who gains and who loses? Macroeconomic and distributional effects of fiscal policy in Austria
Ali Tok, Chemnitz University of Technology, Cara Dabrowski, Rudolf Faininger, Sebastian, Gechert, Philipp Heimberger
Has MMT been hearing its critics? The evolving debate around (neo)chartalism
Eduardo Zimmermann, Berlin School of Economics and Law
A Two-Country SFC Model: ECB Monetary Policy and Asymmetries
Kyeonghun Joo, University of Siena
Shock without Therapy: A critical assessment of Argentina‘s stabilization attempt under Milei
Valentín Alvarez, University of Siena, Juan Manuel Campana
PUBLIC INVESTMENT AND INDUSTRIAL POLICY
Chair: Torsten Niechoj
Manpower, Money and Municipalities – A Bayesian Analysis of the Determinants of Local Public Investments in North Rhine-Westphalia
Isabelle A. Wappelhorst, University of Duisburg-Essen
Lost in deflation ? Deflators and the (mis)measurement of price competitiveness
Michal Gadomski, University of Rennes 2
Impact of Disasters on Bank lending to MSMEs- Evidence from the Philippines
Yu Sun, SOAS University of London
PUBLIC SPENDING
Chair: Christoph Paetz
The Macroeconomic Effects of Green Public Spending across Italian Regions
Antonino Lofaro, University of Bari „Aldo Moro“, Giovanna Ciaffi, Matteo Deleidi, Vincenzo Pistucci
The Macroeconomic and Distributional Effects of Green Public Spending in Europe
Giovanna Ciaffi, eCampus University, Antonino Lofaro
Creating Stimulus Out of the Green: the Investment Multipliers from 30 Years of Renewable Energy Deployment
Francesco Lamperti, Sant‘Anna School of Advanced Studies Pisa,Elisabetta Cappa, Gianluca Pallante
An empirical characterization of the transmission mechanism of public R&D investment: Evidence from OECD countries
Matteo Deleidi, University of Bari „Aldo Moro“, Giovanna Ciaffi
LABOUR MARKETS AND WORKING TIME
Chair: Patrick Mokre
Minimum Wage Policy, Productivity, and Post-War Reconstruction in Ukraine
Cem Oyvat, University of Greenwich, Yuliya Yurchenko
The Macroeconomics of Working Time Reduction: Employment, Demand and Productivity Effects in France
Vinicius Martinez, Paris Cité University, Aimane Abdelsalam, Federico Bassi, Florian Botte,Laurent Cordonnier, Thomas Dallery
More than Income and Hours: The Distribution of Working Conditions among German Employees
Zarah Westrich, University of Duisburg-Essen, Jan Behringer, Till van Treeck
Can financial inclusion beat labour and social policies?
Thereza Balliester Reis, SOAS University of London, Nefeli Louka
RETHINKING ECONOMIC GROWTH
Chair: Michaelis Nikiforos
Do stock markets impede or accelerate economic growth? A comparison of the US and Germany
Jan Priewe, University of Applied Sciences Berlin
Is there a growth imperative in capitalist economies? A review of Keynes and Schumpeter to modern approaches
Johannes Schmidt, Karlsruhe University of Applied Sciences
Keynes vs. Mainstream economics on sustainable development
Jesper Jespersen, Roskilde University
Size-dependence of fiscal multipliers
Guilherme Klein Martins, University of Leeds
PUBLIC DEBT AND FISCAL SPACE
Chair: Dany Lang
Public Investment and Sovereign Financing Costs
Ekaterina Jürgens, University of Mannheim, Christian Proaño
Public debt sustainability and debt thresholds: a post-Keynesian critique
Léo Vigny, University Sorbonne Paris Nord, Colin Vuilletet
The Sky is Not Falling: Federal Debt and Distribution in the United States
Steven Fazzari, Washington University in St. Louis
For whom does stagnation matter? The political economy of austerity
João Vitor Santos Melo, State University of Campinas (Unicamp), Adriana Nunes Ferreira
GROWTH DYNAMICS AND STRUCTURAL CHANGE
Chair: Sascha Keil
Dissecting Cycles: why manufacturing matters for the macro-economy
Gianmarco Palumbo, Sant‘Anna School of Advanced Studies Pisa, Giovanni Dosi, Maria Enrica Virgillito
Stagnation and Cycles in a Circuit of Capital Model
Nikolaos Chatzarakis, The New School NY
Structural Dualism, Under-Development Traps in a Developed Economy: The case of the Irish Economy
Raghavendra Srinivas, National University of Ireland Galway
Structural change, income distribution, and growth models
Miguel Ángel Casaú Guirao, The Autonomous University of Madrid (UAM), Jacobo Ferrer, Daniel Herrero
ENERGY AND DISTRIBUTION
Chair: Jan Behringer
Heating Energy Elasticities and Distributional Effects
Bianka Mey, Chemnitz University of Technology, Teresa Schäfer
The distributional effects of energy-price shocks in OECD countries
Thomas Rabensteiner, University of Greenwich, Alexander Guschanski
The Effects of Renewable Energy Communities on Poverty in Germany
Gökhan Dilek, University of Barcelona, Martin Buchner, Miriam Rehm
Energy as the Driver of Capital: An Agent-Based Modelling Perspective
Oliver Reiter, The Vienna Institute for International Economic Studies (wiiw)
FINANCING THE GREEN TRANSITION
Chair: Heike Joebges
Green Investment in Italy: Macroeconomic, Fiscal, Distributional and Environmental Effects in an IO-SFC Model
Giuseppe Fontana, University of Leeds
The Climate-Demography Nexus in Italy: An Assessment of the Macro and Distributional Impacts through an Ecological SFC-IO Model
Edoardo Sala, Sant‘Anna School of Advanced Studies Pisa
Climate Policy Design: Why Investment Risks Matter
Louis Daumas, RFF-CMCC European Institute on Economics and the Environment, Angélique Sarre, Glemarec Yannick
CBDCs and Green Macroprudential Policy: An AB-SFC Analysis for a Sustainable Financial Future
Federico Bassi, University of Lille, Samuele Bibi, Jacopo Temperini
AUSTERITY AND FISCAL POLICY
Chair: Alberto Botta
The Price of Austerity: A Synthetic Control Analysis of Italy’s 1991 Economic Shock
Federica Arena, Roma Tre University
From Welfare to Credit: Austerity, Household Debt, and Financial Fragility in a Sraffian Supermultiplier Model
Francesca Giammorcaro, University of Siena
Austerity, Gender, and Multidimensional Deprivation Among Older Europeans: Evidence from SHARE
Nita Handastya, University of Siena
Fiscal consolidation and political instability
Philipp Heimberger, Vienna Institute for International Economic Studies, Anna Matzner
LABOUR MARKET AND TRANSFORMATION
Chair: Alexander Guschanski
Employment protection, atypical employment and labour productivity growth
Jesus Ferreiro, University of the Basque Country (UPV/EHU), Carmen Gomez
Skills, Prices, and Politics: Labor Reallocation and Carbon Tax Support in a Climate-Macro Model
Maike Minke, Macroeconomic Policy Institute (IMK), Marwil J. Dávila-Fernández, Christian Proaño
Induced Innovation and Labor Displacement in a Dual Agrarian Economy
Joao Paulo de Souza, University of Massachusetts
A Gendered Structural Analysis of Care Work, Fiscal Policy and Balance-of-Payments Constraints in the Global South and North: the cases of Argentina and the UK
Micaela Jazmin Fernández Erlauer, University of Greenwich, Özlem Onaran
FIRMS, MARK-UPS AND CONCENTRATION
Chair: Teresa Schäfer
Is the U.S. economy becoming more competitive?
Özgür Orhangazi, Kadir Has University
Who Owns and Controls Carbon-Intensive Production? Ownership and Board Networks in the World’s Most Emitting Sectors
Roberta Terranova, RFF-CMCC European Institute on Economics and the Environment, Francesco Lamperti, Mauro Napoletano
Advertising, Concentration and Distribution: An Agent-Based Model
Federico Leon, Roma Tre University
Stability and Cycles in a Neo-Kaleckian Model with Autonomous Demand
Ricardo Araujo, University of Brasilia, Helmar Moreira
FINANCIALISATION AND WEALTH
Chair: Hagen Krämer
Financialisation as asset price inflation
Engelbert Stockhammer, King‘s College London
The Double Shift of Financialization: Personal Debt & Multiple Jobholding
Giorgos Gouzoulis, Queen Mary University of London, Panagiota Boukouvala
Wealth that grows by itself? Capital gains in the euro area
Carlo D‘Ippoliti, Sapienza University of Rome, Lucio Gobbi, Jacopo Temperini
Wealth accumulation in a stock flow consistent heterogeneous agent model
Rafael Wildauer, University of Greenwich, Karsten Kohler
INFLATION AND DISTRIBUTION
Chair: Jalal Qanas
Generalised Conflict Inflation: Rigidities, Indexation and Derivation of the Textbook Model
Ryan Woodgate, Forward College Berlin
Conflict inflation without (explicit) unemployment
Eric Kemp-Benedict, University of Leeds Sustainability Research Institute
Domestic and External Sources of Inflation: Exchange Rate Shocks, Distributive Conflict, and High-Inflation Regimes in Developing Economies
Betul Mutlugun, Istanbul University, Raul Zelada-Aprili
Was the ECB Fighting the Wrong Inflation? Markups, Profits, and the European Price Surge
Mehmet Ulug, Roskilde University, Lena Mac Donald, Anne Fløe Kauland, Sara Brandt Rasmussen
INVESTMENT, PROFITS AND GROWTH
Chair: Özlem Onaran
Capacity Utilization, Profitability and Expectations: Rethinking Investment Dynamics in Post-Keynesian Theory
Francesco Linguanti, University of Siena
Globalization and the Goodwin Pattern: How American Capital Eliminated the Profit Squeeze
Michael Cauvel, University of Southern Maine, Aaron Pacitti, Robert Blecker
Distributed profit, investment and wages: microeconomic or structural explanations?
Dirk Bezemer, University of Groningen, C. Wetsema
The 12 Channels that Drove Corporate Profits during the Pandemic Recovery: A Literature Review
Simon Grothe, University of Geneva
CREDIT, DEBT AND FINANCE
Chair: Thomas Rabensteiner
Borrowing against the wind: diverging debt dynamics across the income distribution
Leila Davis, University of Massachusetts Boston
Liquidity Preference, Credit Transmission, and Debt Sustainability: A Settlement-Gap Approach
Stefan Collignon, London School of Economics and Political Science
Understanding the Financial Resource Curse: The Impact of Capital Inflows on Sectoral R&D Spending
Mohit Arora, Union College Schenectady NY, Belinda Azenui, Tyler Hill
Capital controls and financial stability: an ABM approach
Nicoletta Scutifero, Sant‘Anna School of Advanced Studies Pisa, Andrea Roventini, Lilit Popoyan
CLIMATE ECONOMICS
Chair: Tom Bauermann
Climate Migration and Spatial Inequality
Ginevra Scalisi, School of Advanced Studies Sant‘Anna, Francesco Lamperti
The Gender Carbon Gap in Transport: Evidence from Germany and the United States
Katharina Preuß, University of Duisburg-Essen, Miriam Rehm
Adapting in the periphery: climate finance, import dependency and financial subordination in a small open economy model
Edoardo Sala, Sant‘Anna School of Advanced Studies Pisa, Yannis Dafermos
The Exorbitant Construction: Petrodollars, Statecraft, and the Myth of Dollar Necessity
Samuele Bibi, Aalborg University
MONETARY POLICY AND EXPECTATIONS
Chair: Catherine Mathieu
Beyond Central Bank Independence: a critical examination of a long-debated idea and its implications
Giacomo Sbrenna, University of Bari „Aldo Moro“
Decoding Central Bank Communication: A Multi-Regime Analysis of Central Bank Communication Using Large Language Models
Felix Schäfer, Chemnitz University of Technology, Jochen Hartwig, Franziska Jüngling
Identifying Monetary Policy Shocks in Newspapers using GPT
Jonas Dix, University of Bamberg
The Stories People Tell: How Inflation Narratives Shape Expectations and Preferences
Max Weinig, University of Hamburg, Samuel Droessler, Ulrich Fritsche, Junbo Huang
MACROECONOMIC THEORY AND MODELLING
Chair: Rafael Wildauer
Does macroeconomics need microfoundations?
Giovanni Dosi, Sant‘Anna School of Advanced Studies Pisa, Hannah Engljähringer, Andrea Roventini
The macro-foundations of microeconomics or the micro-foundations of macroeconomics
Nobantu Mbeki, University of the Witwatersrand
The Emergence of AB-SFC Modelling: methodology, theory, and literature review
Eugenio Caverzasi, University of Insubria, Alberto Botta, Alberto Russo
SIMS: An LLM-Augmented Agent-Based Framework for Demand-Led Macroeconomic Fluctuations
Jan Schaeffer, The Bundesdruckerei Group, Paul Kaufmann, Josef Menter, Niclas Schult, Franca Wedekind
S7: INCOME DISTRIBUTION AND GROWTH
Chair: Jochen Hartwig
A UK-Calibrated Post-Kaleckian Wealth Distribution Model with Mortgage Debt and Real Estate Assets
Thomas Godfrey, Berlin School of Economics and Law, Moritz Kapff, Agnes Kay
Land in Demand-Led Growth: A Simplified Approach
Gabriel Zaffari, Roma Tre University
Dynamics of income distribution in a post growth economy with an Agent-Based Stock-Flow Consistent Model
Sébastien Rey, University Sorbonne Paris Nord and the Polytechnic University of Marche
Reduced GDP or Stolen Time? Measuring climate damages as years of lost growth
Damiano Di Francesco, Sant‘Anna School of Advanced Studies Pisa
SHOCKS AND ECONOMIC RESILIENCE
Chair: Jesus Ferreiro
Too high profits in reaction to import price shocks? Assessing distributional effects of imported inflation in euro area countries based on national accounts data
Heike Joebges, HTW Berlin, Camille Logeay
Sectoral Propagation of Oil Supply Shocks in Canada
Rudolf Faininger, Technical University of Chemnitz
Tides of Subordination: Fiscal Constraint, Financialised Commodity Cycles, and the Political Economy of Latin America
Samuele Bibi, Aalborg University, Nicole Cerpa Vielma, Pedro Perfeito da Silva
Because of the Boom or Despite It? Commodity Prices and the Reduction in Income Inequality in Latin America
Martin Middelanis, Free University of Berlin, Svenja Flechtner, Diego Sánchez-Ancochea
BALANCE-OF-PAYMENTS AND DEVELOPMENT
Chair: Federico Bassi
International capital, multiple equilibria and finance-led dynamics in a BoP-constrained growth model
Alberto Botta, University of Salerno
Wealth Inequality and the Balance of Payments Constraint in the Global South
Magdalena Maad, Vienna University of Economics and Business (WU), Annina Kaltenbrunner, Fynn Mallmann, Miriam Rehm
Sectoral Composition, External Constraints, and Policy Space in a Dual-Sector Supermultiplier Model
Vinícius da Silva Centeno, University of Siena, Cinthia de Souza, Guilherme Spinato Morlin
Exchange Rate Gap Closure and Macroeconomic Adjustment: Evidence from Selected Peripheral Economies
Juan Barredo Zuriarrain, University of the Basque Country (UPV/EHU)
MONEY AND FINANCIAL ARCHITECTURE
Chair: Miriam Rehm
Decoding the Digital Transformation of the Monetary System: A Balance Sheet Approach
Eugenio Caverasi, University of Insubria, Andrea Terzi
Stablecoins: A survey of perspectives and policy responses from developing countries
Jörg Mayer, Penelope Hawkins
Beyond Banking Repair: A Four-Phase Restructuring of Europe‘s Monetary and Financial Architecture
Martijn van der Linden, The Hague University of Applied Sciences
Money and Financing: A Clarification
Henri Sterdyniak, OFCE
DEMAND AND GROWTH
Chair: Giuseppe Fontana
Demand Regimes: Identification Pitfalls and a Structural Estimation Approach
Alejandro Gonzalez, Washington University in St. Louis
Growth models and autonomous demand in comparative perspective: from decomposition to growth drivers
Juan Manuel Campana, Berlin School of Economics and Law
The Normal Rate of Capacity Utilization as a Convention: Genuine Hysteresis and Harrodian Instability in the Kaleckian Model
Tarek Fahim, University Sorbonne Paris Nord
Income Distribution, the Internal Rate of Return, and Pension Sustainability in Spain
Ayoze Alfageme, University of Geneva
FISCAL POLICY AND MULTIPLIERS
Chair: Dirk Bezemer
Military, Green, and Social Spending Multipliers in the UK
Alexander Guschanski, University of Greenwich, Özlem Onaran
Fiscal policies are not all alike: composition effects, regime switching and uncertainty
Jerome Creel, OFCE, Serena Ionta, Guido Traficante
Hands tied. Are some institutional arrangements more counter-cyclical?
Jeremiah Nollenberger, European Trade Union Institute
LABOUR, PRODUCTIVITY AND DISTRIBUTION
Chair: Engelbert Stockhammer
Labour market institutions, distribution conflict and productivity growth
Philip Blees, HWR Berlin, Eckhard Hein
What Explains Productivity Growth? Pre-Keynesian, Post-Keynesian, and New Keynesian Perspectives
Hagen M. Krämer, Karlsruhe University of Applied Sciences
Household Debt Burden and Union Jobs: Evidence from a Quasi-Experiment in the United States
Po Yin Wong, Queen Mary University London, Giorgos Galanis, Giorgos Gouzoulis
Is Brazilian premature deindustrialization a case of Dutch disease?
André Nassif, Fluminense Federal University, Carmem Feijó, Eliane Araújo