Research

Journal Publications

1. “Residential and Nonresidential Investment and the Cycle: A Rejoinder” (with M. Santetti and R. von Arnim), Review of Political Economy. online first, 2023.

2. “The Sraffian Supermultiplier and Cycles: Theory and Empirics” (with M. Santetti and R. von Arnim), Review of Political Economy. online first, 2023.

3. “Notes on accumulation and utilization of capital: some theoretical issues,” Metroeconomica. vol. 74 no. 1, 2023.

4. “Shifting involvements and long-run cycles of growth and distribution,” Cambridge Journal of Economics. vol. 46 no. 1, 2022.

5.  “Crisis, Austerity, and Fiscal Expenditure in Greece: Recent Experience and Future Prospects in the Post-COVID-19 Era,” European Journal of Economics and Economic Policies: Intervention. vol. 19 no. 2, 2021.

6.  “Notes on accumulation and utilization of capital: some empirical issues,” Metroeconomica. vol. 72 no. 4, 2021.

7. Abstraction and closure: a methodological discussion of distribution-led growth, Journal of Economic Methodology. vol. 28 no. 2, 2021. 

8. On the `Utilization Controversy': a rejoinder and some comments, Cambridge Journal of Economics. vol. 44 no. 3, 2020.

9. Can redistribution help build a more stable economy? (with D. Papadimitriou and G. Zezza), Real-world Economics Review. no. 88, 2019.

10. Some Comments on the Sraffian Supermultiplier Approach to Growth and Distribution, Journal of Post Keynesian Economics. vol. 41 no. 4, 2018.

11. Stock-Flow-Consistent Macroeconomic Modeling (with Gennaro Zezza), Journal of Economic Surveys. vol. 31 no. 5, 2017, special issue: Analytical Political Economy.

12. Towards an Understanding of the Greek Crisis and the Flawed Analyses of the Levy Economics Institute’s Publications: A Reply (with Gennaro Zezza), Forum for Social Economics. vol. 46 no. 3, 2017.

13. Uncertainty and Contradiction: An Essay on the Business Cycle, Review of Radical Political Economics. vol. 49 no. 2, 2017.

14. A non-behavioral theory of saving, Journal of Post Keynesian Economics. vol. 39 no. 4, 2016.

15. The Greek Public Debt Problem (with D. Papadimitriou and G. Zezza), Nova Economia, vol. 25, 2016.

16. Distribution-led growth in the long run, Review of Keynesian Economics, Vol. 4 no. 4, 2016.

17. On the `Utilization Controversy': a theoretical and empirical discussion of the Kaleckian model of growth and distribution, Cambridge Journal of Economics, vol. 40 no. 2, 2016.

18. 'Twin Deficits' in Greece: In Search of Causality (with Laura Carvalho and Christian Schoder), Journal of Post Keynesian Economics, vol. 38 no. 2, 2015. 

19. The (Normal) Rate of Capacity Utilization at the Firm Level, Metroeconomica, vol. 64 no. 3, 2013.

20. Distribution and Capacity Utilization: conceptual issues and empirical evidence (with Duncan K. Foley), Metroeconomica, vol. 63 no. 1, 2012, special issue: Kaleckian growth theory.

Chapters, Reports & Reviews

1. Demand, distribution, productivity, structural change, and (secular?) stagnation. In Flavia Dantas and Randall Wray (Ed.) The Handbook on Economic Stagnation, Elsevier.

2. Stock-Flow-Consistent Macroeconomic Modeling (with G. Zezza). In M. Vernengo, B. Rosser, and E. Perez Caldentey (Ed.) The New Palgrave Dictionary of Economics (central topic), 2022.

3. Crisis, Austerity, and Fiscal Expenditure in Greece: Recent Experience and Future Prospects in the Post-COVID-19 Era. Report prepared for Amnesty International.

4. Macroeconomic and Microeconomic Impacts of Improving Physical and Social Infrastructure: A Macro-Micro Policy Model for Ghana and Tanzania (with A. Zacharias, T. Masterson, F. Rios-Avila, K. Kim, T. Khitarishvili), Research Project Report, September 2019.

5. Book review of Financial Deepening and Post-Crisis Development in Emerging Markets: Current Perils and Future Dawns, edited by A. Gevorkyan and O. Canuto. Review of Political Economy, Vol. 31 no. 2, 2019.

6. Modeling the Macroeconomic Effects of a Universal Basic Income (with M. Steinbaum, and G. Zezza), Roosevelt Institute Report, August 2017.

7. Greece: Conditions and Strategies for Economic Recovery (with D. Papadimitriou and G. Zezza). In Victor Beker and Beniamino Moro (Ed.) The European Crisis, World Economic Association Books, 2016.

8. The Maastricht treaty. In Cyrus Bina and Charles Davis (Ed.) Global Economics: An Encyclopedia of Crisis and Transnational Change, ABC-CLIO, 2016. 

9. A Levy Institute Model for Greece (with D. Papadimitriou and G. Zezza), Levy Economics Institute Technical Report, May 2013.