2002

An Important Inconsistency at the Heart of the Standard Macroeconomic Model.

Topic: Macroeconomic Theory
Date: 2002
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with Wynne Godley, Journal of Post Keynesian Economics, Vol. 24, No. 3. [Download PDF 216KB]

Is Personal Debt Sustainable?

Topic: Macroeconomic Theory
Date: 2002
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with Dimitri Papadimitriou, Claudio dos Santos, and Gennaro Zezza, Strategic Analysis, November, 2002, The Levy Economics Institute of Bard College. [Download PDF 1.5MB]