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Department of Land Economy

Environment, Law & Economics

Studying at Cambridge

 

Professor Philip Arestis

Professor Philip Arestis

Director of Research, Cambridge Centre for Economic & Public Policy (CCEPP)

Emeritus Fellow, Wolfson College, Cambridge

Honorary Departmental Senior Fellow, Department of Land Economy

Professor of Economics, University of the Basque Country, Spain

Research Associate, Levy Economics Institute, New York, USA

Adjunct Professor, University of Utah, USA

Visiting Professor, University of Leeds, UK

Professorial Research Associate, School of Oriental and African Studies (SOAS), University of London, UK

Vice-Chair of the Macroeconomics, Money and Finance (MMF) Research Group (September 1999 to September 2013 and since then Honorary Vice-Chair of the same group)

Chief Academic (External) Adviser to the UK Government Economic Service (GES) on Professional Development in Economics (2005-2013)

Holder of the ‘Queen Victoria Eugenia’ award of the British Hispanic Chair of Doctoral Studies

Holder of the award of 'homage' for contribution to the spread of Keynesianism in Brazil by the Brazilian Keynesian Association (AKB)

AcSS award of Academician of the Academy of Social Sciences for contributions to Social Science (September 2012 to July 2014). After July 2014 changed to FAcSS (Fellow of the Academy of Social Sciences)


Office Phone: 66971

Research Interests

  • Economic Policy
  • Macroeconomics
  • Monetary  Economics
  • Applied Econometrics
  • Political Economy
  • Applied Political  Economy

Key Publications

He has published as sole author  or editor, as well as co-author and co-editor, a number of books, ranging from Introducing  Macroeconomic Modelling: An Econometric Study of the United Kingdom (Macmillan, 1982) to Money, Pricing Distribution and Economic Integration (Macmillan, 1997), and The Euro: Evolution and Prospects (Edward Elgar  Publishers, 2001). More recent books include Re-Examining Monetary and  Fiscal Policies in the Twenty First Century (Edward Elgar Publishers,  2004), The Post-Bubble US Economy: Implications for Financial Markets and  the Economy (Palgrave Macmillan, 2004), Is There a New Consensus in  Macroeconomics? (Palgrave Macmillan, 2004), The Post ‘Great Recession’  US Economy: Implications for Financial Markets and the Economy (Palgrave  Macmillan, 2010); The Financial Crisis: Origins and Implications, (Palgrave  Macmillan, 2011); An Assessment of  the Global Impact of the Financial Crisis, (Palgrave Macmillan, 2011); New Economics as Mainstream Economics, (Palgrave Macmillan, 2011); Microeconomics, Macroeconomics and Economic  Policy: Essays in Honour of Malcolm Sawyer, (Palgrave Macmillan, 2011); The Euro Crisis, (Palgrave Macmillan, 2012)

He has contributed in the form of invited chapters  to numerous books and produced research reports for research institutes. He has published widely in academic journals including American Journal of Economics and Sociology, Applied Economics, Applied Economic Letters, Applied  Financial Economics, Banca Nazionale Del Lavoro Quarterly Review, Bulletin of  Economic Research, Cambridge Journal of Economics, Cambridge  Journal of Regions, Economy and Society, Eastern Economic Journal, Economie Applique,  Economic Journal, Economic Inquiry, Economics Letters, Empirica, Ensayos Económicos, Greek Economic Review, History of  Economic Ideas, International  Journal of Finance and Economics, International Journal of Public Policy, International Papers in Public Policy International Review of Applied  Economics, Intervention.  European Journal of Economics and Economic Policies, Journal of Money, Credit and  Banking, Journal of Economic Analysis, Journal of Economic Issues, Journal of  Macroeconomics, Journal of Post Keynesian Economics, Journal of Public Policy, Journal of Economic Surveys,Journal of Contemporary European Studies, Kredit und Kapital, Manchester  School of Economic and Social Research, Mathematical Modelling, Metroeconomica, Panoeconomicus, Public Finance, Review of  Economic Issues, Review of Political Economy, Review of Radical Political  Economy, Review of Social Economy, RFEC Feminist Economics, Revista Venezolana de Análisis de  Coyuntura/IIES-UCVScottish Journal of Political Economy, Structural  Change and Economic Dynamics, Weltwirschaftiches Archiv, World Economy and  Zeitschrift fur Nationalokonomie.

He has been editor and joint editor, and has served  on the editorial board, of a number of journals, including the Economic Journal  Editorial Board for the special conference issues for 1998-1999 (and a member  of the programme committee of the Royal Economic Society annual conference, 1997-1999).

Currently, he is on the editorial board of the International Review of Applied Economics, the Journal of Post Keynesian Economics, the Journal of Finance and Economics, the Eastern Economic Journal, the Review of Social Economy, the International Journal of Public Policy; Applied Economics: Systematic Research;European Journal of Economics and Economic Policies: Intervention (EJEEP); and Frontiers in Finance and Economics. He is joint editor of the International Papers in Political Economy, and he has been guest editor of special issues of the Manchester School of Economic and Social Research, and also of the Eastern Economic Journal.                  

Further details are available from his full list of publications.

 

BOOKS

 

Introducing Macroeconomic Modelling: An Econometric Study of the United Kingdom, (with G. Hadjimatheou), (Macmillan, 1982)

Post-Keynesian Economic Theory: A Challenge to Neo-Classical Economics, (edited with T. Skouras), (Wheatsheaf, 1985, Hardback)

Post-Keynesian Economic Theory: A Challenge to Neo-Classical Economics, (edited with T. Skouras), (Wheatsheaf, 1987, Paperback)

Post-Keynesian Monetary Economics: New Approaches to Financial Modelling, (Edward Elgar Publishing Limited, 1988)

Contemporary Issues in Money and Banking: Essays in Honour of Stephen Frowen, (Macmillan, 1988)

Theory and Policy in Political Economy: Essays in Pricing, Distribution and Growth (with Y. Kitromilides), (Edward Elgar Publishing Limited, 1990)

Business and the UK Cypriot Community (with J. Charalambous, P. Pashardes and C. Georgalla) (PNL Press, September, 1991)

Biographical Dictionary of Dissenting Economists (with M.C. Sawyer), (Edward Elgar Publishing Limited, 1992). Reprinted with minor corrections in 1994. Also available on Edward Elgar ebook site, Elgaronline.com

Recent Developments in Post-Keynesian Economics (with V. Chick), (Edward Elgar Publishing Limited, 1992)

The Post-Keynesian Approach to Economics: An Alternative Analysis of Economic Theory and Policy, (Edward Elgar Publishing Limited, 1992, Hardback)

On Money, Method and Keynes: Selected Essays by Victoria Chick (edited with S.C.

Dow), (Macmillan, 1992)

Money and Banking: Issues for the 21st Century, Essays in Honour of Stephen Frowen, (Macmillan, 1993)

The Post-Keynesian Approach to Economics: An Alternative Analysis of Economic Theory and Policy, (Edward Elgar Publishing Limited, 1993, Paperback)

Handbook of Radical Political Economy, (with M.C. Sawyer), (Edward Elgar Publishing Limited, 1994)

The Political Economy of Full Employment: Conservatism, Corporatism and Institutional Change, (with M. Marshall), (Edward Elgar Publishing Limited, 1995)

Finance, Development and Structural Change: Post-Keynesian Perspectives, (with V. Chick) (Edward Elgar Publishing Limited, 1995)

Keynes, Money and Open Economies: Essays in Honour of Paul Davidson, Volume 1, (Edward Elgar Publishing Limited, 1996)

Employment, Economic Growth and the Tyranny of the Market: Essays in Honour of Paul Davidson, Volume 2, (Edward Elgar Publishing Limited, 1996)

Method, Theory and Policy in Keynes: Essays in Honour of Paul Davidson, Volume 3, (Edward Elgar Publishing Limited, 1998)

Capital Controversy, Post Keynesian Economics and the History of Economic Theory: Essays in Honour of Geoff Harcourt, Volume 1, (with G. Palma and M.C. Sawyer), (Routledge, 1997)

Markets, Unemployment and Economic Policy: Essays in Honour of Geoff Harcourt, Volume 2, (with G. Palma and M.C. Sawyer), (Routledge, 1997)

Money, Pricing, Distribution and Economic Integration, (Macmillan, 1997)

The Relevance of Keynesian Policies Today, (with M.C. Sawyer), (Macmillan, 1997)

The Political Economy of Economic Policies, (with M.C. Sawyer), (Macmillan, 1998)

The Political Economy of Central Banking, (with M.C. Sawyer), (Edward Elgar Publishing Limited, 1998)

Money and Macroeconomic Policies: Essays in Macroeconomics in Honour of Bernard Corry and Maurice Peston, Volume 1, (with S. Daniel and J. Grahl), (Edward Elgar Publishing Limited, 1999)

The History and Practice of Economics: Essays in Honour of Bernard Corry and Maurice Peston, Volume 2, (with S. Daniel and J. Grahl), (Edward Elgar Publishing Limited, 1999)

Regulation, Strategies and Economic Policies: Essays in Honour of Bernard Corry and Maurice Peston, Volume 3, (with S. Daniel and J. Grahl), (Edward Elgar Publishing Limited, 1999)

Biographical Dictionary of Dissenting Economists, (with M.C. Sawyer), (Edward Elgar Publishing Limited, Second Enlarged Edition, published in 2000; First Edition published in 1992)

What Global Economic Crisis?, (with M. Baddeley and J. McCombie), (Palgrave Macmillan, 2001)

Money, Finance and Capitalist Development, (with M.C. Sawyer), (Edward Elgar Publishing Limited, 2001)

Economics of the Third Way: Experience from Around the World, (with M.C. Sawyer), (Edward Elgar Publishing Limited, 2001)

The Euro: Evolution and Prospects, (with A. Brown and M.C. Sawyer), (Edward Elgar Publishing Limited, 2001)

Money, Macroeconomics and Keynes: Essays in Honour of Victoria Chick, Volume One, (with M. Desai and S.C. Dow), (Routledge Publishing Limited, 2002); also translated in Portuguese (2010)

Methodology, Microeconomics and Keynes: Essays in Honour of Victoria Chick, Volume Two, (with M. Desai and S.C. Dow), (Routledge Publishing Limited, 2002) ; also translated in Portuguese (2010)

Monetary Union in South America: Lessons from EMU, (with F. Ferrari and L.F. de Paula), (Edward Elgar Publishing Limited, 2003)

Globalization, Regionalism and Economic Policy, (with M. Baddeley and J. McCombie), (Edward Elgar Publishing Limited, 2003)

What Global Economic Crisis?, (with M. Baddeley and J. McCombie), Paperback Edition, (Palgrave Macmillan, 2004)

The Post-Bubble US Economy: Implications for Financial Markets and the Economy, (with E. Karakitsos), Hardback and Paperback Editions, (Palgrave Macmillan, 2004)

The Rise of the Market: Critical Essays on the Political Economy of Neo-Liberalism, (with M.C. Sawyer), (Edward Elgar Publishing Limited, 2004)

Neo-Liberal Economic Policy: Critical Essays, (with M.C. Sawyer), (Edward Elgar Publishing Limited, 2004)

Re-examining Monetary and Fiscal Policies in the Twenty First Century, (with M.C. Sawyer), (Edward Elgar Publishing Limited, 2004)

Financial Liberalization: Beyond Orthodox Concerns, (with M.C. Sawyer), (Palgrave Macmillan, 2005)

The New Monetary Policy: Implications and Relevance, (with M. Baddeley and J. McCombie), (Edward Elgar Publishing Limited, 2005)

Financial Developments in National and International Markets, (with J. Ferreiro and F. Serrano), (Palgrave Macmillan, 2006)

Alternative Perspectives on Economic Policies in the European Union, (with M.C. Sawyer) (Palgrave Macmillan, 2006)

Growth and Economic Development: Essays in Honour of A.P. Thirlwall, (with J. McCombie and R. Vickerman), (Edward Elgar Publishing Limited, 2007)

A Handbook of Alternative Monetary Economics, (with M.C. Sawyer), (Edward Elgar Publishing Limited, 2007)

Advances in Monetary Policy and Macroeconomics, (with G. Zezza) (Palgrave Macmillan, 2007)

Economic Growth: New Directions in Theory and Policy, (with M. Baddeley and J. McCombie), (Edward Elgar Publishing Limited, 2007)

Is There a New Consensus in Macroeconomics?”, (Palgrave Macmillan, 2007)

Aspects of Modern Monetary and Macroeconomic Policies, (with E. Hein and E. Le Heron), (Palgrave Macmillan, 2007)

Political Economy of Latin America: Recent Economic Performance, (with M.C. Sawyer) (Palgrave Macmillan, 2007)

Political Economy of Brazil: Recent Economic Performance, (with A. Saad-Filho) (Palgrave Macmillan, 2007)

Financial Liberalization and Economic Performance in Emerging Countries, (with L.F. de Paula), (Palgrave Macmillan, 2008)

Issues in Finance and Industry: Essays in Honour of Ajit Singh, (with J. Eatwell), (Palgrave Macmillan, 2008)

Issues in Economic Development and Globalisation: Essays in Honour of Ajit Singh, (with J. Eatwell), (Palgrave Macmillan, 2008)

Critical Essays on the Privatization Experience, (with M.C. Sawyer) (Palgrave Macmillan, 2008)

Unemployment: Past and Present, (with J. McCombie), (Palgrave Macmillan, 2008)

Missing Links in the Unemployment Relationship, (with J. McCombie), (Palgrave Macmillan, 2008)

Path Dependency and Macroeconomics, (with M.C. Sawyer), (Palgrave Macmillan, 2009)

Housing Market Challenges in Europe and the United States, (with P. Mooslechner and K. Wagner),) (Palgrave Macmillan, 2010

21st Century Keynesianism, (with M.C. Sawyer), (Palgrave Macmillan, 2010)

The Post ‘Great Recession’ US Economy: Implications for Financial Markets and the Economy, (with E. Karakitsos), (Palgrave Macmillan, 2010)

The Financial Crisis: Origins and Implications, (with Rogério Sobreira and José Luis Oreiro), (Palgrave Macmillan, 2011)

An Assessment of the Global Impact of the Financial Crisis, (with Rogério Sobreira and José Luis Oreiro), (Palgrave Macmillan, 2011)

New Economics as Mainstream Economics, (with M.C. Sawyer), (Palgrave Macmillan, 2011)

Microeconomics, Macroeconomics and Economic Policy: Essays in Honour of Malcolm Sawyer, (Palgrave Macmillan, 2011)

The Euro Crisis, (with M.C. Sawyer), (Palgrave Macmillan, 2012)

Economic Policies of the New Thinking in Economics, (with M.C. Sawyer), (Routledge  Taylor and Francis Group, 2013)

Financial Stability in the Aftermath of the ‘Great Recession’, (with E. Karakitsos), (Palgrave Macmillan, 2013)

Economic Policies, Governance and the New Economics, (with M.C. Sawyer), (Palgrave Macmillan, 2013)

Economic and Monetary Union Macroeconomic Policies, Current Practices and Alternatives, (with M.C. Sawyer), (Palgrave Macmillan, 2013)

Fiscal and Debt Policies for the Future, (with M.C. Sawyer), (Palgrave Macmillan, 2014)

 

 

RESEARCH REPORTS

 

The Demand for Money in the UK and Canada, (with George Hadjimatheou and George Zis). Report commissioned by and prepared for the Canadian High Commission, March, 1989

The Demand for Money in the Case of Cyprus, (with Panicos Demetriades). Report commissioned by and prepared for the Central Bank of Cyprus, August, 1990

A European Central Bank: A Post-Keynesian Perspective. Report commissioned by and prepared for Ministerio de Industria. Also published in Informacion Commercial Espanola, Ministerio de Industria, Spain, No. 701, 1992

Financial Innovations and the Demand for Money in the UK and in Germany: A Comparative Application of Cointegration and Error-Correction Modelling, (with Harald Hagemann, Hans-Michael Trautwein, Iris Biefang-Frisancho Mariscal and Peter Howells). Report prepared for the British Council that financed the whole project, March 1993

Money and Credit Policies in the UK and Germany, (with Harald Hagemann, Peter Howells, Malcolm Sawyer and Hans-Michael Trautwein). Report prepared for the British Council that financed the whole project, March 1994

Unemployment and the Independent European Central Bank. Report commissioned by and prepared for the Economic Policy Institute, in relation to the G7 meeting in Washington DC, March, 1994 

Work for Everybody, Everywhere in the World. Report commissioned and prepared for the Institut des Sciences Mathematiques et Economiques Appliquees, Paris, 1994. This report was for the World Summit for Social Development, Copenhagen, March 6-12, 1995. The enquiry was conducted under the auspices of the Secretariat of the World Summit for Social Development, United Nations Organisation

A Possible Strategy for RAE 2000. Report commissioned by and prepared at the request of the Vice-Chancellor of the University of East London, June, 1997, as a policy paper for the University  

Degree Dimensions in Economics: The Graduate Standards Programme. Report commissioned and funded by HEQC. It was prepared for its project on Graduateness and entitled Blueprint for Economics Graduates, December 1997

A UEL Research Strategy For the Short- and the Long-run. Report commissioned by and prepared for the Research Task Force of the University of East London, May, 1998, as a strategy paper for the University

The Euro, Public Expenditure and Taxation (with Malcolm Sawyer). Report commissioned by and prepared for UNISON, June, 2002

The Euro and Public Expenditure (with Malcolm Sawyer). Written evidence submitted to the UK Treasury Select Committee, February, 2003

 

 

PAPERS IN REFEREED JOURNALS

 

"Some Investigations of Demand and Supply Functions for Money in the Federal Republic of Germany, 1965-1974" (with S.F. Frowen), Weltwirschaftliches Archiv, (March, 1976)

"The Dynamic Impacts of Government Expenditure and the Monetary Base on Aggregate Income:  The West German Case, l965 to l974", (with S.F. Frowen), Kredit und Kapital, (September, l976)

"Real Money Balances in an Aggregate Production Function: The Case of the Federal Republic of Germany", (with S.F. Frowen and E. Karakitsos) Ifo-Studien, (Autumn, l977)

"The Dynamic Impacts of Government Expenditure and the Monetary Base on Aggregate Income: The Case of Four O.E.C.D. Countries, 1965-1974", (with S.F. Frowen and E. Karakitsos), Public Finance, (No.1, 1978)

"The `Crowding Out' of Private Expenditure by Fiscal Actions: An Empirical Investigation", Public Finance, (No.1, 1979)

"Monetarism:  The Principal Issues and Areas of Disagreement", (with J. Riley), British Review of Economic Issues, (May, 1980)

"Consumption Out of Different Types of Income", (with C. Driver), Bulletin of Economic Research, (November, 1980)

"Fiscal Actions, Optimal Control and 'Crowding Out' within the NIESR Model", (with E. Karakitsos), Greek Economic Review, (December, 1980)

"Fiscal Actions and `Crowding Out' in the UK", Metroeconomica, (February/October, 1981)

"Money, Prices and Causality", (with G. Hadjimatheou), British Review of Economic Issues, (November, 1981)

"Crowding Out in the UK Within an Optimal Control Framework", (with E.   Karakitsos), Journal of Public Policy, (Vol.2, No.1, 1982)

"Towards a General Theory of Unemployment - Is Leijonhufvud a Keynesian?", (with E. Karakitsos), Zeitschrift für Nationalökonomie, (Vo1.42, No.2, 1982).  Also published in Economia Internazionale (Vol.34, Nos.2-4) under the title "The `Economies of Keynes' and Leijonhufvud"; reprinted in M. Blaug (ed.), Pioneers in Economics,  Section IV, John Maynard Keynes (1883-1946), (E. Elgar Publishing Limited, 1991)

"The Determinants of the Average Propensity to Consume in the UK", (with G. Hadjimatheou), Applied Economics, (April, 1982)

"Real Money Balances in an Aggregate Production Function: The UK Case", (with E. Karakitsos and S.F. Frowen), Revista Internazionale, (October/November, 1982)

"The Demand for and Supply of Money in the UK: 1965-1976", Indian Journal of Economics, (April, 1983)

"UK Unemployment and Post-Keynesian Remedies", (with C. Driver), Metroeconomica, (October 1983)

"Aggregate Production and Real Money Balances", (with E. Karakitsos and N.C. Sarantis), Revista Internazionale, (December, 1983)

"On the UK Monetarist Experiment", Journal of Public Policy, (April, 1984)

"The Impact of Fiscal Policy in the UK: Evidence from Two Macro-Economic Models", (with E. Karakitsos), Applied Economics, (October, 1984)

"The Policy Implications of Post-Keynesianism", (with C. Driver), Journal of Economic Issues, (December, 1984)

"A Comparison of the Monetary-Financial Blocks of Two Post-Keynesian Short-Period Models", (with C. Driver), British Review of Economic Issues (Autumn 1984)

"The Real Segment of a Post Keynesian Model" (with C. Driver and J. Rooney), Journal of Post Keynesian Economics, (Winter, 1985-86)

"Wages and Prices in the UK: The Post Keynesian View", Journal of Post Keynesian Economics, (Spring, l986); reprinted in M.C. Sawyer (ed.), Post-Keynesian Economics, (Edward Elgar Publishing Limited, 1989)

"Post-Keynesian Economic Policies: The Case of Sweden", Journal of Econonmic Issues, (September, 1986)

"The Effect of Income Distribution on Consumer Imports" (with C. Driver), Journal of Macroeconomics, (Winter 1987)

"On the Superiority of `Optimal Control' Over Simulation" (with E. Karakitsos), Mathematical Modelling, (Summer, 1987)

"The Credit Segment of a UK Post Keynesian Model", Journal of Post Keynesian Economics, (Winter, 1987-88)

"The Demand for Money in Greece: An Application of the Error Correction Mechanism", Greek Economic Review, (December, 1988)

"Money in an Open Economy: The Case of the UK", Cyprus Journal of Economics, (June 1988)

"The Endogeneity of the UK Money Supply: A Political Economy Perspective", (with C. Driver), Economies of Societies, (Cahiers de l'ISMEA, Serie Monnaie et Production, No.5, 1988)

"The Post-Keynesian and Institutionalist Theory of Money and Credit", (with A.S. Eichner), Journal of Economic Issues, (December, 1988)

"Pricing, Distribution, Investment and Growth: The Economics of A.S. Eichner", Review of Political Economy, (March, 1989)

"Austerity Policies and the New Right:  Recent UK Experience" (with F.E. Skuse), Economie Applique, (May, l989)

"On the Post Keynesian Challenge to Neo-Classical Economics: A Complete Quantitative Macro-Model for the UK Economy", Journal of Post Keynesian Economics, (Summer, 1989)

"'Reaganomics' and Supply-Side Economics: A British View" (with M.G. Marshall), Journal of Economic Issues (December, 1989)

"Fiscal Actions and Crowding Out in the UK", Cyprus Journal of Economics, (December, 1989)

"The New Right and the US Economy in the 1980s: An Assessment of the Economic Record of the Reagan Administration" (with M.G. Marshall), International Review of Applied Economics, (January, 1990)

"The Policy Implications of A.S. Eichner's Macrodynamic Model", Journal of Economic Issues, (July 1990)

"Post-Keynesianism: A New Approach to Economics", Review of Social Economy, (Fall, 1990)

"Hysteresis and Unemployment in Wage Determination: An Overview", (with Iris Biefang-Frisancho Mariscal), British Review of Economic Issues, (June 1991)

"The Myths and Realities of Conservative Economic Policy-Making in the US", (with Mike Marshall), Review of Social Economy (Summer, 1991)

"Financial Innovations and the Distributional Effects of Interest Rate Changes in the UK", (with Peter G.A. Howells), Eastern Economic Journal, (October, 1991)

"Cointegration, Error Correction and the Demand for Money in Cyprus", (with Panicos O. Demetriades). Applied Economics, (October, 1991)

"Institutional Development and the Effectiveness of Monetary Policy", (with Peter G.A. Howells), Journal of Economic Issues, (March 1992)

"Wage and Price Setting in a Post-Keynesian Theory of Inflation", (with Frank E. Skuse), Economies et Societes, (March, l992)

"The Impact of Financial Innovations on the Demand for Money in the UK and Canada", (with George Hadjimatheou and George Zis), Applied Financial Economics, (No. 2, 1992)

"Conflict, Wage Relativities and Hysteresis in UK Wage Determination", (with Peter Skott), Journal of Post Keynesian Economics (Spring, 1993).

"Degree of Monopoly, Pricing and Flexible Exchange Rates" (with Will Milberg), Journal of Post Keynesian Economics, Winter, 1993-94

"Financial Fragility, Peripherality and Divergence in the European Community", (with Eleni Paliginis), Journal of Economic Issues, (June, 1993)

"Wage Determination in the UK: Further Empirical Results Using Cointegration" (with Iris Biefang-Frisancho Mariscal), Applied Economics, (April, 1994)

"Monetary Policy and Income Distribution in the UK", (with Peter G.A. Howells). Review of Radical Political Economics, (Vol. 26, No. 3, September 1994)

"Budget Deficits and Stabilisation Policies in the UK: 1979-1993", (with Keith Bain), Economies of Societies, Cahiers de l'ISMEA, Serie Monnaie et Production, No.9, (January/February, 1994)

"To Liberalise Or Not To Liberalise Interest Rates: That Is Not The Question" (with Panicos O. Demetriades), Cyprus Journal of Economics (now EKONOMIA), (Vol. 7, No. 2, December, 1994)

"The European Central Bank: A Non-Conventional Perspective" (with Keith Bain), Journal of Economic Issues, (March, 1995)

"Fordism, Post-Fordism and Gender" (with Eleni Paliginis), Economie Appliquee, (No. 1, 1995).

"Financial Innovations and the Demand for Money in the UK and in Germany: A Comparative Application of Cointegration and Error-Correction Modelling" (with Harald Hagemann, Hans-Michael Trautwein, Iris Biefang-Frisancho Mariscal and Peter G.A. Howells), Weltwirschaftliches Archiv, (June, 1995)

"The Endogenous Money Stock: Empirical Observations From the UK" (with Iris Biefang-Frisancho Mariscal), Journal of Post Keynesian Economics, (Summer, 1995)

"Divergence and Peripheral Fordism in the European Union" (with Eleni Paliginis), Review of Social Economy, (Summer, 1995)

"Changes in Income Distribution and the Pattern of Consumer Spending: A Constraint on Full Employment?" (with Peter G.A. Howells), Review of Political Economy (Spring, 1995)

"The Demand for Broad Money in the United Kingdom and in the West Germany: A Comparative Dynamic Short-run Study" (with Iris Biefang-Frisancho Mariscal, Peter G.A. Howells and Hans-Michael Trautwein), Applied Economic Letters (February, 1995)

"Wage Determination in the UK" (with Iris Biefang-Frisancho Mariscal), Applied Economics (June, 1995)

"Post-Keynesian Economics: Towards Coherence", Cambridge Journal of Economics, Vol. 20, No 1, (January, 1996)

"Central Banks, Governments and Markets: An Examination of Central Bank Independence and Power",(with Keith Bain and Peter G.A. Howells), Economies of Societies, Cahiers de l'ISMEA, Serie Monnaie et Production, Nos. 2-3, (January/February, l996)

"Theoretical Reflections on Endogenous Money: The Problem with `Convenience Lending" (with Peter G.A. Howells), Cambridge Journal of Economics, Vol. 20, No. 5, (September, 1996)

"Financial Development and Economic Growth: Assessing the Evidence" (with Panicos O. Demetriades), Economic Journal, Vol. 107, No. 442, (May, 1997)

"Unemployment and the Independent European System of Central Banks: Prospects and Some Alternative Arrangements" (with Malcolm C. Sawyer), American Journal of Economics and Sociology, (July, 1997)

"Conflict, Effort and Capital Stock in UK Wage determination" (with Iris Biefang-Frisancho Mariscal), Empirica, (Autumn, 1997)

"How Many Cheers for the Tobin Financial Transactions Tax?" (with Malcolm C. Sawyer), Cambridge Journal of Economics, Vol. 21, No. 6, (November, 1997)

"Keynesian Economic Policies for the New Millennium" (with Malcolm C. Sawyer), Economic Journal, Vol. 108, No. 446, (January, 1998). Translated for a South Korean publication, Mansu S. Park (ed.) Keynes’s Economics, pp. 236-250, (2001/2002)  

"Capital Shortages and Asymmetric Reactions as Factors in UK Long-term Unemployment" (with Iris Biefang-Frisancho Mariscal), Structural Change and Economic Dynamics, Vol. 9, No. 2, (June, 1998)

"The Supply of Credit Money and the Demand for Deposits: A Comment" (with Peter G.A. Howells), Cambridge Journal of Economics, Vol. 23, No. 1, (January, 1999)

"The Macroeconomics of New Labour" (with Malcolm C. Sawyer), Economic Issues, Vol. 4, No. 1, (March, 1999)

"On the Coherence of Post-Keynesian Economics: A Commentary on Walters and Young" (with Stephen P. Dunn and Malcolm C. Sawyer), Scottish Journal of Political Economy, Vol. 46, No. 3, (August, 1999)

"Post Keynesian Economics and Its Critics" (with Stephen P. Dunn and Malcolm C. Sawyer), Journal of Post Keynesian Economics, Vol. 21, No. 4, (Summer, 1999)

"Unit Roots and Structural Breaks in OECD Unemployment" (with Iris Biefang-Frisancho Mariscal), Economics Letters, Vol. 65, No. 2, (November, 1999)

"Financial Liberalisation in Developing Countries" (with Panicos O. Demetriades), Eastern Economic Journal, Vol. 25, No. 4, (Fall, 1999)

"OECD Unemployment: Structural Breaks and Stationarity" (with Iris Biefang-Frisancho Mariscal), Applied Economics, Vol. 32, (March, 2000)

“Capital Stock, Unemployment and Wages in the UK and Germany” (with Iris Biefang-Frisancho Mariscal), Scottish Journal of Political Economy, Vol. 47, No. 5, (November, 2000)

"An Alternative Stability and Growth Pact for the European Union" (with K. McCauley and M.C. Sawyer), Cambridge Journal of Economics, Vol. 25, No. 1, (January, 2001)

"Financial Development and Economic Growth: The Role of Stock Markets" (with P.O. Demetriades and K. Luintel), Journal of Money, Credit and Banking, Vol. 33, No. 1, (February, 2001)

“The Economic Analysis Underlying the ‘Third Way’ (with M.C. Sawyer), New Political Economy, Vol. 6, No. 2, (July, 2001)

"Emergence and Evolution of Cross Border Banking: Evidence from the UK" (with L. Deidda and B. Fattouh), Greek Economic Review, Vol. 21, No. 2, (Autumn, 2001)

“The 1520-1640 ‘Great Inflation’: An Early Case of Controversy on the Nature of Money” (with P. Howells), Journal of Post Keynesian Economics, Vol. 24, No. 2, (Winter, 2001-2002)

“Explaining the Euro’s Initial Decline” (with I. Biefang-Frisancho Mariscal, A. Brown and M.C. Sawyer), Eastern Economic Journal, Vol. 28, No. 1 (Winter, 2002)

“Fiscal Deficits in Monetary Unions: A Comparison of EMU and the United States”, (with M. Khan and K.B. Luintel), Eastern Economic Journal, Vol. 28, No. 1 (Winter, 2002)

“The Euro: Reflections on the First Three Years”, (with A. Brown, K. Mouratidis and M.C. Sawyer), International Review of Applied Economics, Vol. 16, No. 1, (February, 2002)

"Financial Crisis in South East Asia: Dispelling Illusion the Minskyan Way" (with Murray Glickman), Cambridge Journal of Economics, Vol. 26, No. 2, (March, 2002); reprinted in R.E. Allen (ed.), The International Library of Writings on the New Global Economy: The Political Economy of Financial Crises, Edward Elgar Publishing, (2004).

“The Bank of England Macroeconomic Model: Its Nature and Implications” (with M.C. Sawyer), Journal of Post Keynesian Economics, Vol. 24, No. 4, (Summer, 2002)

“The Impact of Financial Liberalisation Policies on Financial Development: Evidence from Developing Economies” (with P. Demetriades, B. Fattouh and K. Mouratidis), International Journal of Finance and Economics, Vol. 7, No. 2, (April, 2002)

“Is There a Trade-off Between Inflation and Output Gap?” (with G.M. Caporale and A.Cipollini), The Manchester School of Economic and Social Research, Vol. 70, No. 4, (Special Issue, 2002)

"Financial Policies and the Average Productivity of Capital: Evidence from Developed and Developing Economies" (with P. Demetriades and B. Fattouh), Eastern Economic Journal, Vol. 29, No. 2, (May, 2003)

“Financial Globalisation: Some Conceptual Problems” (with Santonu Basu), Eastern Economic Journal, Vol. 29, No. 2, (May, 2003)

“Does the Stock of Money Have Any Causal Significance?” (with M.C. Sawyer), Banca Nazionale Del Lavoro Quarterly Review, Vol. LVI, No. 225 (June, 2003)

“European Union Must End the Stability and Growth Pact and Reform the European Central Bank” (with M.C. Sawyer), Ekonomia, Vol. 6, No. 1 (Summer, 2003)

“Asymmetries of Demand for Money Functions Amongst EMU Countries”, (with I. Biefang-Frisancho Mariscal, A. Brown and M.C. Sawyer), Investigasion Economica, Vol. LXII, No. 245, (July-September, 2003)

“Reinventing Fiscal Policy” (with M.C. Sawyer), Journal of Post Keynesian Economics, Vol. 25, No. 4, (Fall, 2003). Reprinted in B. Laperche and D. Uzinidis (eds.), John Kenneth Galbraith and the Future of Economics, (Palgrave Macmillan, 2005)

“Credibility of EMS Interest Rate Policies: A Markov Regime-Switching Approach” (with Kostas Mouratidis), The Manchester School of Economic and Social Research, Vol. 72, No. 1, (January, 2004)

“Threshold Effects in the U.S. Budget Deficit” (with A. Cipollini and B. Fattouh), Economic Inquiry, Vol. 42, No. 2 (April, 2004)

“On Fiscal Policy and Budget Deficits” (with M.C. Sawyer), Intervention. European Journal of Economics and Economic Policies, Vol. 1, No. 2 (Spring, 2004)

“Financial Globalisation and Regulation” (with S. Basu), Research in International Business and Finance, Vol. 12, No. 1 (July, 2004)

“Can Monetary Policy Affect the Real Economy?” (with M.C. Sawyer), European Review of Economics and Finance, Vol. 3, No. 2 (July, 2004)

“Is There a Trade-Off between Inflation Variability and Output-Gap Variability in the EMU Countries?” (with K. Mouratides), Scottish Journal of Political Economy, Vol. 51, No. 5 (November, 2004)

On the Effectiveness of Monetary Policy and of Fiscal Policy” (with M.C. Sawyer), Review of Social Economy, Vol. LXII, No. 4 (December 2004)

“Washington Consensus and Financial Liberalizaion”, Journal of Post Keynesian Economics, Vol. 27, No. 2, (Winter, 2004-2005)

“Reinventing Fiscal Policy” (with M.C. Sawyer), Journal of Post Keynesian Economics, Vol. 25, No. 4, (Fall, 2003). Reprinted in B. Laperche and D. Uzinidis (eds.), John Kenneth Galbraith and the Future of Economics, (Palgrave Macmillan, 2005)

“Credibility of Monetary Policy in Four Accession Countries: A Markov Regime-Switching Approach” (with K. Mouratides), International Journal of Finance and Economics, Vol. 10, No. 1 (January, 2005)

“Financial Globalization: The Need for a Single Currency and a Global Central Bank” (with S. Basu and S. Mallick), Journal of Post Keynesian Economics, Vol. 27, No. 3, (Spring, 2005)

“Finance and Development: Institutional and Policy Alternatives to Financial Liberalisation Theory” (with M. Nissanke and H. Stein), Eastern Economic Journal, Vol. 31, No. 2, (Spring, 2005)

“An Institutional Perspective to Finance and Development as an Alternative to Financial liberalisation” (with H. Stein), International Review of Applied Economics, Vol. 19, No. 4, (October 2005)

“Aggregate Demand, Conflict, and Capacity in the Inflationary Process” (with M.C. Sawyer), Cambridge Journal of Economics, Vol. 29, No. 6, (October, 2005)

"Testing for financial contagion between developed and emerging markets during the 1997 East Asian crisis" (with G.M. Caporale, A. Cipollini and N. Spagnolo), International Journal of Finance and Economics, Vol. 10, No. 4, 359-367 (2005). This paper was listed on SSRN's Top Ten download list for Economic History eJournal, December 2010

“New Monetary Policy and Keynes”, Intervention. European Journal of Economics and Economic Policies, Vol. 3, No. 2, (Spring, 2006)

Monetary Policy in the Euro Area” (with G. Chortareas), Journal of Post Keynesian Economics, Vol. 28, No. 3, (Spring, 2006)

“Innocent Frauds in Greenspan’s Last Testimony” (with W. Mosler), Journal of Post Keynesian Economics, Vol. 28, No. 3, (Spring, 2006)

“Has Inflation Targeting Had Any Impact on Inflation?” (with Alvaro Angeriz), Journal of Post Keynesian Economics, Vol. 28, No. 4, (Summer, 2006)

“Technical Efficiency and Financial Deepening in the Non-OECD Economies”, (with G. Chortareas and E. Desli), International Review of Applied Economics, Vol. 20, No. 3, (July 2006)

“Fiscal Policy Matters” (with M.C. Sawyer), Public Finance, Vol. 54, No. 3-4 (1999), (October, 2006)

“Financial Development and Productive Efficiency in OECD Countries: An Exploratory Analysis” (with G. Chortareas and E. Desli), The Manchester School of Economic and Social Research, Vol. 74, No. 4, (July, 2006)

“The Role and Nature of Monetary Policy When Money is Endogenous” (with M.C. Sawyer), Cambridge Journal of Economics, Vol. 30, No. 6, (November, 2006)

“Economic and Monetary Union and the Post 2004 Member Countries” (with Malcolm Sawyer), Ekonomia, Vol. 9, No. 2, (Winter, 2006)

“Economic and Monetary Union: The Problematic nature” (with M.C. Sawyer), Journal of Financial Transformation, Vol. 19, No. 1, (April, 2007)

 “The Relationship Between Capital Stock, Unemployment and Wages in Nine EMU Countries” (with M. Baddeley and M.C. Sawyer), Bulletin of Economic Research, Vol. 59, No. 2, (May, 2007)

“Natural Equilibrium Real Interest Rate Estimates and Monetary Policy Design” (with G. Chortareas), Journal of Post Keynesian Economics, Vol. 29, No. 4, (Summer, 2007)

Assessing the Performance of ‘Inflation Targeting Lite’ Countries” (with A. Angeriz), The World Economy, Vol. 30, No. 11, (November, 2007)

“Monetary Policy in the UK” (with A. Angeriz), Cambridge Journal of Economics, Vol. 31, No. 6, (November, 2007)

“Modelling the US Housing Market” (with E. Karakitsos), Ekonomia, Vol. 10, No. 2 (Winter 2007)

“The U.S. Housing Slump and the Consumer” (with E. Karakitsos), Journal of Post Keynesian Economics, Vol. 30, No. 1, (Spring, 2008)

“Financial Structure and Economic Growth” (with K.L Luintel, M. Khan and K. Theodoridis), Journal of Development Economics, Vol. 86, No. 1, (April, 2008)

“Assessing Inflation Targeting Through Intervention Analysis” (with A. Angeriz), Oxford Economic Papers, Vol. 60, No. 2, (April, 2008)

“Atheoretical and Theory-Based Approaches to the Natural Equilibrium Real Interest Rate” (with G. Chortareas), Eastern Economic Journal, Vol. 34, No. 3, (Summer, 2008)

“A Critical Reconsideration of the Foundations of Monetary Policy in the New Consensus Macroeconomics Framework” (with M.C. Sawyer), Cambridge Journal of Economics, Vol. 32, No. 5, (September, 2008)

“Are the European Central Bank and Bank of England Macroeconomic Models Consistent with the New Consensus in Macroeconomics?” (with M.C. Sawyer), Ekonomia, Vol. 11, No. 2, (Winter, 2008)

“On the Effectiveness of Fiscal Policy as an Instrument of Macroeconomic Policy” (with J. McCombie), Economic Affairs, Vol. 29, No. 1, (March 2009)

“Financial Liberalization and the Geography of Poverty” (with A. Caner), Cambridge

Journal of Regions, Economy and Society, Vol. 2, No. 2, (July 2009)

The Consensus View on Interest Rates and Inflation: Reality or Innocent Fraud?” (with A. Angeriz) , Journal of Post Keynesian Economics, Vol. 31, No. 4, (Summer, 2009)

 “Flexible Rules cum Constrained Discretion: A New Consensus in Monetary Policy” (with A. Mihailov), Economic Issues, Vol. 14, Part 2, September, 2009)

“Financial Instability and Crisis”, Special Symposium, Intervention. European

Journal of Economics and Economic Policies, Vol. 6, No. 2, (2009, pp. 174 – 202)

“What Economists Should Know About Public Policymaking?” (with Y. Kitromilides), International Journal of Public Policy, Vol. 6, No. 1/2, (January, 2010)

“Money and Information in a New Neoclassical Synthesis Framework” (with G. Chortareas and J.D. Tsoukalas), Economic Journal, Vol. 120, No. 542, (February, 2010)

“Financial Globalisation and Crisis, Institutional Transformation and Equity” (with A.  Singh), Cambridge Journal of Economics, Vol. 34, No. 2 (March, 2010)

“Capital Account Liberalisation and Poverty: How Close is the Link?” (with A. Caner), Cambridge Journal of Economics, Vol. 34, No. 2 (March, 2010). Also reported in the ERN New Institutional Economics eJournal, Vol. 2, No. 34 (17 March, 2010)

“The Return of Fiscal Policy” (with M.C. Sawyer), Journal of Post Keynesian Economics, Vol. 32, No. 3 (Spring, 2010)

“What Monetary Policy After the Crisis?” (with M.C. Sawyer), Review of Political Economy, Vol. 22, No. 4 (October 2010)

The Problems of the Economic and Monetary Union: Is Τhere Αny Escape?” (with M.C. Sawyer), Journal of Economic Analysis, Vol. 1, No 1 (October 2010)

“Interview with Philip Arestis”, Intervention. European Journal of Economics and Economic Policies, Vol. 7, No. 2 (Atumn, 2010). Reprinted in S. Ederer, E.Hein, T. Niechoj, S.Reiner, A. Truger and T. van Treeck (eds.), Interventions: 17 Interviews with Unconventional Economists (2004-2012), Metropolis-Verlag: Marburg, Germany (2012)

“Financial Structure and Economic Growth: Evidence from Time Series Analyses” (with A.D. Luintel and K.B. Luintel), Applied Financial Economics, Vol. 20, Nos. 19-21 (October-November 2010)

“The Persistence of Inequality?” (with R. Martin and P. Tyler), Cambridge Journal of Regions, Economy and Society, Vol. 4, No. 1 (March, 2011)

“Inequality Adjusted Growth Rates in Latin America” (with A. Angeriz and S. P. Chakravarty), Cambridge Journal of Regions, Economy and Society, Vol. 4, No. 1 (March 2011)

“The Design Faults of the Economic and Monetary Union” (with M.C. Sawyer), Journal of Contemporary European Studies, Vol. 19 Issue 1, 21-32 (2011)

“A New Paradigm for Macroeconomic Policy” (with M.C. Sawyer), International Papers in Public Policy, Vol. 7, Nos. 1/2/3, 22-39 (2011)

“Inflation Targeting in Brazil” (with F. de Paula and F. Filho), International Review of Applied Economics, Vol. 25, No. 2 (March, 2011)

“Editorial to the Special Issue ‘On the Political Economy of an Australian Patriot and a Cambridge Economist’ (Geoff Harcourt)”, Intervention. European Journal of Economics and Economic Policies, Vol. 8, No. 1 (Spring, 2011)

“The Economic Policies of the Political Economy of the Australian Patriot and Cambridge Economist”, Intervention. European Journal of Economics and Economic Policies, Vol. 8, No. 1 (Spring, 2011)

“Fiscal Policy is Still an Effective Instrument of Macroeconomic Policy”, Panoeconomicus, LVIII/2 (June, 2011)

“Classifying Monetary Economics: Fields and Methods from Past to Future” (with A. Mihailov), Journal of Economic Surveys, Vol. 25, No. 4 (September, 2011)

“Current Financial Crisis and Regulatory Implications” (with E. Karakitsos), History of Economic Ideas, Vol. XIX, No. 2, (Autumn, 2011)

“The ‘New Economics’ and Policies for Financial Stability”, (with M. Sawyer), International Review of Applied Economics, Vol. 26, No. 2, (March 2012)

“Trade Flows Revisited: Further Evidence on Globalisation” (with G. Chortareas, E. Desli, and T. Pelagidis), Cambridge Journal of Economics, Vol. 36, No. 2 (March, 2012) 

 “Modelling Accumulation: A Theoretical and Empirical Application of the Accelerator Principle under Uncertainty” (with A.R. González and Ó. Dejuán), Intervention. European Journal of Economics and Economic Policies, Vol. 9, No. 2 (Autumn, 2012)

“Fiscal Policy: A Strong Macroeconomic Role”, Review of Keynesian Economics, Inaugural Issue, Vol. 1, No. 1 (Autumn, 2012)

“The US Dimension of the Euro Area Debt Crisis” (with E. Karakitsos), Journal of Post Keynesian Economics, Vol. 35, No. 1 (Fall, 2012)

“Regional Integration in South America” (with F. Ferrari Filho), Revista Venezolana de Análisis de Coyuntura/IIES-UCV, Vol.XVIII, No. 2, July-December, 2012, Caracas/Venezuela, (pp.65-92)

“Moving from Inflation Targeting to Prices and Incomes Policy”, (with M. Sawyer), Panoeconomicus, Vol. LX, No.1 (2013)

“Inflation Targeting: A Critical Approach” (“Metas de inflaciὁn: unenfoque critic”, in Spanish), Ensayos Económicos, No. 68, Central Bank of Argentina (June 2013)

Financialization, the ‘Great Recession’ and the Stratification of the US Labour Market” (with A. Charles and G.Fontana), Feminist Economics, Vol. 19, No. 3 (2013)

“Economic Theory and Policy: A Coherent Post- Keynesian Approach”, European Journal of Economics and Economic Policies: Intervention (EJEEP), Vol 10, No. 2 (September 2013)

“Modelling the Housing Market in OECD Countries” (with A.R. González), International Review of Applied Economics, Vol. 28, No. 2 (March 2014)

The Housing Market-Bank Credit Relationship: Some Thoughts on Its Causality(with A.R. González), Panoeconomicus, Vol. 61, No. 2 (March, 2014, pp. 145-160)

“Bank Credit and the Housing Market in OECD Countries” (with A.R. González), Journal of Post Keynesian Economics, Vol. 36, No. 3 (Spring 2014, pp. 467-489)

"Inflation Targeting and Inflation Convergence: International Evidence" (with G. Chortareas, G. Magkonis and D. Moschos), Journal of International Financial Markets, Institutions & Money, Vol. 31 (July, 2014, pp. 285-295)

"Identity Economics Meets Financialisation: Gender, Race, and Occupational Stratification in the US Labour Market" (with A. Charles and G. Fontana), Cambridge Journal of Economics, Vol. 38, No. 6 (November 2014, pp. 1471-1491)

“Residential Construction Activity in OECD Economies” (with A.R. González), Manchester School of Economic and Social Research, (Forthcoming)

“Fiscal Policy and the Substitution between National and Foreign Savings” (with M.F. da Cunha Resende), Journal of Post Keynesian Economics, (Forthcoming)

“Coordination of Fiscal with Monetary and Financial Stability Policies Can Better Cure Unemployment”, Review of Keynesian Economics, (Forthcoming)

"The Financial Development and Growth Nexus: A Meta-Analysis" (with Georgios Chortareas and George Magkonis), Journal of Economic Surveys, (Forthcoming)

“Current and Future European Central Bank Monetary Policy”, Brazilian Keynesian Review, (Forthcoming)

 

 

INVITED PAPERS IN REFEREED JOURNALS

 

"Macroeconomic Policies of the 1974-79 Labour Government", (with George Hadjimatheou), Thames Papers in Political Economy, (Autumn, 1980)

"Is There Any Crowding Out of Private Expenditures by Fiscal Actions?", Thames Papers in Political Economy, (Spring, 1982); reprinted in P. Arestis and T. Skouras (eds.), (1985), Post-Keynesian Economic Theory:  A Challenge to Neo-Classical Economics, (Wheatsheaf: Brighton)

"The Macrodynamics of the US and UK Economies Through Two Post-Keynesian Models", (with C. Driver), Thames Papers in Political Economy, (Summer, 1984); reprinted in P. Arestis (ed.), Post-Keynesian Monetary Economics: New Approaches to Financial Modelling, (Edward Elgar Publishing Limited, 1988)

"Post-Keynesian Theory of Money, Credit and Finance", Thames Papers in Political Economy, (Spring, 1987); reprinted in P. Arestis (ed.), Post-Keynesian Monetary Economics:  New Approaches to Financial Modelling, (Edward Elgar Publishing Limited, 1988).  Also, translated into Spanish and published in Hacienda Publica Espanola, (Ministerio de Economia y Hacienda and Instituto de Estudios Fiscales, 1991)

"In Memoriam: Alfred S. Eichner, 1937-1988", (with J. Street and M. Tool), Journal of Economic Issues, (December, 1988)

"Monetarism in the UK: Zero Out of Ten?", Within the Walls, (in Greek), (Spring, 1989)

"How the British Labour Party Would Cure Thatcheritis", (with F.E. Skuse), Challenge: The Magazine of Economic Affairs, (July/August 1990)

"I dissidenti dell'economia", (with M.C. Sawyer), Rinascita, (September, 1990)

"The Demand for Money in Cyprus:  Theoretical and Empirical Considerations", (with P.O. Demetriades), Central Bank of Cyprus Bulletin, (March, 1991)

"European Economic Integration and its Relevance to the Economy of Cyprus: A Political Economy Approach", The Cyprus Review, (Spring, 1992)

"Political Economy: An Editorial Manifesto", International Papers in Political Economy, Volume 1, No. 1, (1993)

"The Independent European Central Bank: What Are its Prospects?" (with E. Paliginis), International Journal of New Ideas, Vol. IV, No. 1, (1995)

"Making the `euro' Palatable: The Current Framework for a Single Currency Needs a Total Rewrite", (with M.C. Sawyer), The New Economy, (June, 1996)

"The Tobin Financial Transactions Tax: Its Potential and Feasibility", International Papers in Political Economy, Volume 3, No. 3, (1996)

"The Modern Relevance of Post Keynesian Economic Policies", (with Murray Glickman), Ekonomska Misao (Economic Thought), (November, 1996)

"The Single European Currency: Alternative Proposals", (with M.C. Sawyer), Zagreb International Review of Economics and Business, Vol. 1, No. 1, (May, 1998)

"Finance and Growth: Is Schumpeter `Right'?" (with P.O. Demetriades), Revista Analise Economica, No. 30, (August, 1998)

"New Labour, New Monetarism" (with M.C. Sawyer), Soundings, (Summer, 1998). Reprinted in European Labour Forum, No. 20, (Winter, 1998-99)

"Finance and Growth: Institutional Considerations, Financial Policies and Causality" (with P.O. Demetriades), Zagreb International Review of Economics and Business, Vol. 2, No. 1, (May, 1999)

"An Agenda for a New Bretton Woods" (with J. Arrowsmith, H-J. Chang, J. Grieve-Smith, S. Griffith-Jones, P. Hirst, J. Michie, M. Panic, M. Sawyer, A. Singh and P. Tolentino), International Papers in Political Economy, Vol. 6, No. 1, (1999)

"The Role for the Tobin Tax in the Reform of the Global Financial System" (with M.C. Sawyer), Kasetsart University Journal of Economics, Vol. 6, No. 1, (January-June, 1999)

"Sob Que Condicoes Pode O Euro Ser Aceitavel?" (Under What Conditions Can the Euro be Acceptable?), Jornal Dos Economistas, No. 123, (July, 1999)

"The Independent European Central Bank: Keynesian Alternatives", Arche Interdisciplinar, Vol. VIII, No. 23, (August, 1999)

"The Economic and Monetary Union: Current Prospects and Alternative Proposals" (with M.C. Sawyer), Revista da Sociedade Brasileira de Economia Política, No. 5, (In Portuguese, December, 1999). Reprinted in F. Ferrari-Filho and L.F. de Paula (eds.) Financial Globalisation: Essays on Open Macroeconomics

“Una Evaluacion De La Economia Del Nuevo Laborismo Britanico” (with M.C. Sawyer), Configuraciones, Vol. 1, No. 2, (July/September, 2000)

“The Economics of the ‘Third Way” (with M.C. Sawyer), Brazilian Journal of Political Economy, Vol. 21, No. 4, (October/December, 2001)

“The Economic Analysis Underlying the ‘Third Way’” (with M.C. Sawyer), Economia e Società, no. 2/3, Vol. 3 (December, 2001)

“Third Way, New Labour and the Challenges to EMU Macropolicies” (with M.C. Sawyer), Wirtschaft und Gesellschaft, Vol. 28, No. 1, (2002)

“Geldpolitik im Eurosystem und Alternativen für Vollbeschäftigung” (with M.C. Sawyer), WSI Mitteilungen, Monatszeitschrift des Wirtschafts – und Sozialwissenschaftlichen Instituts in der Hans Böckler Stiftung, Bund-Verlag, Vol. 55, No. 2, (May, 2002)

“The First Three Years of the Euro” (with M.C. Sawyer), Oikonomikos Tachydromos, 30 March, 2002 (in Greek)

"Macroeconomic Policies of the Economic and Monetary Union: Theoretical Underpinnings and Challenges" (with M.C. Sawyer), International Papers in Political Economy, Volume 10, No. 1, (2003)

"Making the Euro Work" (with M.C. Sawyer), Challenge: The Magazine of Economic Affairs, Vol. 46, No. 2, (March-April, 2003)

“The Euro and the EMU: Lessons for MERCOSUR” (with F. Ferrari-Filho, L.F de Paula and M.C. Sawyer), Revista Venezolana de Analisis de Coyuntura/IIES-UCX, Caracas, Vol. IX, No. 1, (January-June, 2003); also in Economia e Sociedade, Campinas, Vol. 12, No. 1 (20), (January-June, 2003)

“On the Main Ingredients of the European Economic and Monetary Union” (with M.C. Sawyer), International Journal of Political Economy, Vol. 34, No. 2, (Summer 2004)

"Is Federal Reserve Policy Working?" (with J. McCombie), Challenge: The Magazine of Economic Affairs, Vol. 48, No. 2, (March-April, 2005)

“Financial Liberalization and the Finance-Growth Nexus: What Have We Learned” (with M.C. Sawyer), International Papers in Political Economy (New Series), 2005

“Financial Liberalization and Poverty: Channels of Influence” (with A. Caner), International Papers in Political Economy (New Series), 2005

"Solving Financial Market Puzzles" (with E. Karakitsos), Challenge: The Magazine of Economic Affairs, Vol. 48, No. 6, (November-December, 2005)

“Makroökonomische Politik im Euroraum: Eine kritische Betrachtung” (with W.Mosler), WSI Mitteilungen, Monatszeitschrift des Wirtschafts – und Sozialwissenschaftlichen Instituts in der Hans Böckler Stiftung, Bund-Verlag, Vol. 58, No. 12, (December, 2005)

“Macroeconomic Policy and the European Constitution” (with M.C. Sawyer), International Papers in Political Economy (New Series), 2006

"The New Attitudes About Inflation" (with J. McCombie and W. Mosler), Challenge: The Magazine of Economic Affairs, Vol. 49, No. 5, (September-October, 2006)

“The Interest Rate Channel in the New Monetary Policy Framework” (with A. Angeriz, J. McCombie and W. Mosler), Challenge: The Magazine of Economic Affairs, Vol. 51, No. 1, (March, 2008)

"The New Consensus Macroeconomics: An Unreliable Guide for Policy" (with M.C. Sawyer), Revista Análise Econômica, Vol. 26, No. 50, (September, 2008)

“New Consensus Macroeconomics and Inflation Targeting: Keynesian Critique" (with M.C. Sawyer), Economia e Sociedade, Vol. 17, (Special Issue), (2008)

“The New Monetary Policy: An Analysis of the Inflation Targeting in Brazil" (with L.F. de Paula and F. Ferrari-Filho), Economia e Sociedade, Vol. 18, No. 1 (April 2009, in Portuguese)

“Current Account Deficits in the EMU and the International Financial Crisis” (with J.P. Gutiérrez), Ola Financiera, Vol. 1, Number 4, September-December 2009, in Spanish)

The Future of Public Expenditure”, (with M. Sawyer), Renewal: A Journal of Social Democracy, Vol. 17, No. 3, (Autumn, 2009)

“Current Financial Crisis: Origins, and Economic Policy Implications”, Wolfson College Cambridge Magazine 2008-2009, No. 33, (pp. 44-49)

“Special Symposium on ‘Financial Instability and Crisis’”, Intervention. European Journal of Economics and Economic Policies, 2009, Vol. 6, No. 2, (pp. 174-181)

“Objectivo de Inflación: Evaluatión de la Evidencia”, (with A. Angeriz), Investigación Económica, Vol. LXVIII, Número Especial 2009 (pp. 21-46)

“Introduction to the 2009 Issue of Ekonomiaz, Revista Vasca de Economia”, (with J. Ferreiro Aparicio), Ekonomiaz, Revista Vasca de Economia, Vol. 72, No. 3, 2009

“Current Financial Crisis: The End of Financial Liberalisation?” (As in the Spanish title: “La Actual Crisis Financiera: Del Fin De La Liberalización Financiera?”, (with C. Baltar and A. Cavalcante), Ekonomiaz, Revista Vasca de Economia, Vol. 72, No. 3, 2009

 “Absurd Austerity Policies in Europe” (with T. Pelagidis), Challenge: The Magazine of Economic Affairs, Vol. 53, No. 6, (November-December, 2010)

“Time to Say Farewell to the Euro?” (with M. Sawyer), WSI Mitteilungen, Vol. 64, Issue No. 6 (June 2011). In German: “Abschied vom Euro” (with M.C. Sawyer), WSI Mitteilungen, Monatszeitschrift des Wirtschafts – und Sozialwissenschaftlichen Instituts in der Hans Böckler Stiftung, Bund-Verlag, Vol. 64, No. 6, (June, 2011)

“The Ongoing Euro Crisis” (with M. Sawyer), Challenge: The Magazine of Economic Affairs, Vol. 54, No. 6, (November-December, 2011)

"Fiscal Policy: Time for the Renaissance of Keynesianism", in G. Chaloupek and M. Marterbauer (eds.), 75 Jahre General Theory, Employment, Interest and Money, Wirtschaftswissenschaftliache Tagungen der AK-Wien, Band 17 (2012)

“Private Productive Investment in Spain and the United States” (with A. R. González and Ó. Dejuán), Análise Econômica, Vol. 30, No. 58 (September 2012)

“Moving to a United States of Europe?” (with M. Sawyer), Challenge: The Magazine of Economic Affairs, Vol. 56, No. 3, (May-June, 2013)

“How Might the U.S. ‘Quantitative Easing’ Develop?” (with E. Karakitsos), Challenge: The Magazine of Economic Affairs, Vol. 57, No. 1, (January-February, 2014)

"The Eurozone Balanced-Budget Disaster" (with M. Sawyer), Dollars & Sense, No. 310, (January/February 2014, pp. 17-20)

“Editorial to the Special Issue on Microfoundations of Macroeconomics: How Important are They?” (with J. Ferreiro), Intervention. European Journal of Economics and Economic Policies, 2014, Vol. 11, No. 1, (pp. 50-52)

“Austerity Cannot Explain the Current UK Economic Growth(with M. Sawyer), Challenge: The Magazine of Economic Affairs, (Forthcoming, March, 2015)

 

 
INVITED PAPERS IN NON-REFEREED OUTLETS

 

"An Evaluation of Two Large-Scale UK Models Within an Optimal Control Framework: The Crowding Out Issue", (with E. Karakitsos), PROPE Discussion Paper, No.49, Imperial College, University of London, (October, 1982)

"On the Superiority of `Optimal Control' over `Simulation' in Policy Analysis", (with E. Karakitsos), PROPE Discussion Paper, No.56, Imperial College, University of London, (April, 1983)

"An Evaluation of Some Dynamic Properties of the NIESR and LBS UK Models", (with E. Karakitsos), PROPE Discussion Paper, No.57, Imperial College, University of London, (April, 1983)

"The Demand for Money in the UK and Canada", (with G. Hadjimatheou and G. Zis), Discussion Papers in Economics, School of Economics, Kingston University, No. 89/1, (1989)

"Tributes to Alfred S. Eichner" in F. Lee (ed.), Tributes in Memory of Alfred S. Eichner, Leicester Polytechnic: Leicester, (1991)

"On Financial Repression and Economic Development: The Case of Cyprus", (with P.O. Demetriades), Working Papers Series, Department of Economics and Management Sciences, Keele University, No. 91/23, (October, 1991)

"Dissenting Voices Challenge the Neo-Classical World", (with M.C. Sawyer), The Guardian, (30 December, 1991)

"The Ethics of Financial Liberalisation in Developing Economies", (with P.O. Demetriades), Working Papers Series, Department of Economics, Keele University, No. 92/13, (August, 1992)

"Theoretical Reflections on Endogenous Money", (with P. Howells), Working Papers Series, Department of Economics, University of East London, No. 1, (September, 1994)

"The Economics of Assessment and the Assessment of Economics: The 1992-93 SHEFC Exercise", (with A. Young), Royal Economic Society Newsletter, No. 87, (October, 1994)

"Finance and Growth: Is Schumpeter `Right'?", (with P.O. Demetriades), Working Papers Series, Department of Economics, Keele University, No. 95/11, (June, 1995)

"Globalisation of Production and Industrialisation in the Periphery: The Case of the EU and NAFTA", (with E. Paliginis), Discussion Papers Series, School of Economics, Middlesex University, No. 22, (February, 1996)

"Finance and Growth: Institutional Considerations and Causality", (with P.O. Demetriades), Working Papers Series, Department of Economics, University of East London, No. 5, (June, 1996)

"The European Single Currency: A Note of Caution", (with M.C. Sawyer), Centre for Industrial Policy and Performance Bulletin, No. 10, (Spring, 1996)

"Financial Development and Economic Growth: Assessing the Evidence" (with P.O. Demetriades), Working Papers Series, Department of Economics, Keele University, No. 96/16, (June, 1996)

"Demise of the Pound Would Remove Safety Valve", (with M.C. Sawyer), The Guardian, (29 July, 1996)

"The Single European Currency: The Need for Caution", (with M.C. Sawyer), Thames Valley Chamber of Commerce Newsletter, (August, 1996)

"The Proposals for a Foreign Exchange Transactions Tax: An Evaluation", (with M.C. Sawyer), Centre for Industrial Policy and Performance Bulletin, No. 11, (Autumn, 1996)

"Capital Shortages and Asymmetries in UK Unemployment" (with Iris Biefang-Frisancho Mariscal), Working Papers Series, Department of Economics, University of East London, No. 7, (November, 1996)

"Finance and Growth: Institutional Considerations, Financial Policies and Causality" (with P.O. Demetriades), Working Papers Series, Department of Economics, Keele University, No. 97/02, (February, 1997)

"Wage Determination, Capital Shortage and Unemployment - A Comparison between Germany and the UK", Discussion Papers in German Studies, No. 97/3, Institute for German Studies, University of Birmingham

"Blueprint for Economics Graduates?", Royal Economic Society Newsletter, No. 98, (July, 1997)

"Financial Development and Economic Growth: the Role of Stock Markets" (with P.O. Demetriades), Working Papers Series, Department of Economics, Keele University, No. 97/05, (July, 1997)

"Reasserting the Role of Keynesian Policies for the New Millennium" (with M.C. Sawyer), Working Papers Series, No. 207, Levy Economics Institute of Bard College, Annandale-on-Hudson, New York, (September, 1997). Also, Working Papers Series, Department of Economics, University of East London, No. 10, (October, 1997).  Also, available in the SSRN eLibrary

"An Interview on Recent Trends in Higher Education" (in Greek), The Philelephtheros Newspaper, Nicosia, Cyprus, (Sunday 3 November, 1997)

"On the Coherence of Post-Keynesian Economics: A Commentary on Walters and Young" (with S.P. Dunn and M.C. Sawyer), Discussion Paper Series, Leeds University Business School, University of Leeds, E97/10, (December, 1997)

"Blueprint for Economics Graduates? Some Evidence" (with K. McCauley), Royal Economic Society Newsletter, No. 101, (March, 1998)

"The Macroeconomics of Industrial Strategy" (with M.C. Sawyer), Working Papers Series, No. 238, Levy Economics Institute of Bard College, Annandale-on-Hudson, New York, (June, 1998). Also, available in the SSRN eLibrary

"Capital Shortage Unemployment in Germany and the UK", (with Iris Biefang-Frisancho Mariscal and Harald Hagemann), Discussion Papers in Economics, Nr. 3/1998, ISSN 1436-1655, University of Hohenheim, Stuttgart, Germany, (1998)

"From Common Market to EMU: A Historical Perspective of European Economic and Monetary Union" (with K. McCauley and M.C. Sawyer), Working Papers Series, No. 263, Levy Economics Institute of Bard College, Annandale-on-Hudson, New York, (February, 1999). Also, available in the SSRN eLibrary. This paper was listed on SSRN's Top Ten download list for Economic History eJournal, December 2010

"The Independent European Central Bank: Keynesian Alternatives", Working Papers Series, No. 274, Economics Institute of Bard College, Annandale-on-Hudson, New York, (July, 1999). Also, available in the SSRN eLibrary

"The Economic and Monetary Union: Current and Future Prospects” (with M.C. Sawyer), Working Papers Series, No. 282, Levy Economics Institute of Bard College, Annandale-on-Hudson, New York, (October, 1999). Also, available in the SSRN eLibrary

 "Financial Liberalisation: the Experience of Developing Countries” (with P. Demetriades), Working Papers Series, Department of Economics, University of East London, No. 19, (November, 1999)

"Financial Crisis in South East Asia: Dispelling Illusion the Minskyan Way” (with M. Glickman), Working Papers Series, Department of Economics, University of East London, No. 22, (December, 1999)

"An Alternative Stability and Growth Pact for the European Union" (with K. McCauley and M.C. Sawyer), Working Papers Series, No. 296, Levy Economics Institute of Bard College, Annandale-on-Hudson, New York (March, 2000). Also, available in the SSRN eLibrary

"History Warns Against Ditching the Pound at this Level", (with M.C. Sawyer), The Guardian, (3 April, 2000)

"’Benchmarking’ Economics" (with J. Beath), Royal Economic Society Newsletter, No. 110, (July, 2000)

“Will the Euro Bring Economic Crisis to Europe?” (with M.C. Sawyer), Working Papers Series, No. 322, Levy Economics Institute of Bard College, Annandale-on-Hudson, New York (March, 2001). Also, available in the SSRN eLibrary

“The Causes of Euro Instability” (with I. Biefang-Frisancho Mariscal, A. Brown and M.C. Sawyer), Working Papers Series, No. 324, Levy Economics Institute of Bard College, Annandale-on-Hudson, New York (March, 2001). Also, available in the SSRN eLibrary

“The Future of the Euro: Is There An Alternative to the Stability and Growth Pact?” (with K. McCauley and M.C. Sawyer), Public Policy Brief No. 63, Levy Economics Institute of Bard College, Annandale-on-Hudson, New York (March, 2001). A shorter version of the Public Policy Brief No. 63 was published as the Highlights No. 63A, 2001

"Bernand Corry: Obituary" (with S. Daniel), Royal Economic Society Newsletter, No. 113, (April, 2001)

“The 'Third Way' and the Challenges to Economic and Monetary Union Macropolicies" (with M.C. Sawyer), Working Papers Series, No. 345, Levy Economics Institute of Bard College, Annandale-on-Hudson, New York, (May, 2002). Also, a available in the SSRN eLibrary

"Euro Fall Points to Failure at its Institutional Heart" (with M.C. Sawyer), The Guardian, (9 September, 2002)

“Critical Realism and the Political Economy of the Euro” (with A. Brown and M.C. Sawyer), Working Papers Series, No. 352, Levy Economics Institute of Bard College, Annandale-on-Hudson, New York, (September, 2002). Also, available in the SSRN eLibrary

“Can Monetary Policy Affect the Real Economy?” (with M.C. Sawyer), Working Papers Series, No. 355, Levy Economics Institute of Bard College, Annandale-on-Hudson, New York, (September, 2002). Also, available in the SSRN eLibrary

“The Euro, Public Expenditure, and Taxation” (with M.C. Sawyer), Working Papers Series, No. 357, Levy Economics Institute of Bard College, Annandale-on-Hudson, New York, (September, 2002). Also, available in the SSRN eLibrary

“European Integration and the ‘Euro Project’” (with M.C. Sawyer), Policy Note 2002/2003, Levy Economics Institute of Bard College, Annandale-on-Hudson, New York (2002)

“Threshold Effects in the U.S. Budget Deficit”, (with A. Cipollini and B. Fattouh), Working Papers Series, No. 358, Levy Economics Institute of Bard College, Annandale-on-Hudson, New York (October, 2002). Also, available in the SSRN eLibrary

“Is There a Trade-Off between Inflation Variability and Output-Gap Variability in the EMU Countries?” (with K. Mouratides), Working Papers Series, No. 359, Levy Economics Institute of Bard College, Annandale-on-Hudson, New York (October, 2002). Also, available in the SSRN eLibrary

“Financial Globalization: Some Conceptual Problems” (with S. Basu), Working Papers Series, No. 360, Levy Economics Institute of Bard College, Annandale-on-Hudson, New York (October, 2002). Also, available in the SSRN eLibrary

“Credibility of EMS Interest Rate Policies: A Markov Regime-Switching Approach” (with K. Mouratides), Working Papers Series, No. 361, Levy Economics Institute of Bard College, Annandale-on-Hudson, New York (October, 2002). Also, available in the SSRN eLibrary

“Financial Policies and the Aggregate Productivity of the Capital Stock: Evidence from Developed and Developing Economies” (with P. Demetriades and B. Fattouh), Working Papers Series, No. 362, Levy Economics Institute of Bard College, Annandale-on-Hudson, New York (October, 2002). Also, available in the SSRN eLibrary

“Does the Stock of Money Have Any Causal Significance?” (with M.C. Sawyer), Working Papers Series, No. 363, Levy Economics Institute of Bard College, Annandale-on-Hudson, New York (December, 2002). Also, available in the SSRN eLibrary

“‘New Consensus’, New Keynesianism, and the Economics of the ‘Third Way’” (with M.C. Sawyer), Working Papers Series, No. 364, Levy Economics Institute of Bard College, Annandale-on-Hudson, New York (December, 2002). Also, available in the SSRN eLibrary

“How Far Can U.S. Equity Prices Fall Under Asset and Debt Deflation?” (with E. Karakitsos), Working Papers Series, No. 368, Levy Economics Institute of Bard College, Annandale-on-Hudson, New York (January, 2003). Also, available in the SSRN eLibrary

“On the Effectiveness of Monetary Policy and Fiscal Policy” (with M.C. Sawyer), Working Papers Series, No. 369, Levy Economics Institute of Bard College, Annandale-on-Hudson, New York (January, 2003). Also, available in the SSRN eLibrary

“Testing for Financial Contagion between Developed and Emerging Markets during the 1997 East Asian Crisis” (with G.M. Caporale and A. Cipollini), Working Papers Series, No. 370, Levy Economics Institute of Bard College, Annandale-on-Hudson, New York (January, 2003). Also, available in the SSRN eLibrary

“Credibility of Monetary Policy in Four Accession Countries: A Markov Regime-Switching Approach” (with K. Mouratides), Working Papers Series No. 371, Levy Economics Institute of Bard College, Annandale-on-Hudson, New York (February, 2003). Also, available in the SSRN eLibrary

“Can Monetary Policy Affect the Real Economy? The Dubious Effectiveness of Interest Rate Policy” (with M.C. Sawyer), Public Policy Brief No. 71, Levy Economics Institute of Bard College, Annandale-on-Hudson, New York (January, 2003). A shorter version of the Public Policy Brief No. 71 was published as the Highlights No. 71A, 2004

“Reforming the Euro’s Institutional Framework” (with M.C. Sawyer), Policy Note 2003/2, Levy Economics Institute of Bard College, Annandale-on-Hudson, New York (February, 2003)

“The Nature and Role of Monetary Policy When Money is Endogenous” (with M.C. Sawyer), Working Papers Series, No. 374, Levy Economics Institute of Bard College, Annandale-on-Hudson, New York (March, 2003). Also, available in the SSRN eLibrary

“Finance and Development: Institutional and Policy Alternatives to Financial Liberalisation Theory” (with M. Nissanke and H. Stein), Working Papers Series, No. 377, Levy Economics Institute of Bard College, Annandale-on-Hudson, New York (April, 2003). Also, available in the SSRN eLibrary

“The Conditions for a Sustainable U.S. Recovery: The Role of Investment” (with E. Karakitsos), Working Papers Series, No. 378, Levy Economics Institute of Bard College, Annandale-on-Hudson, New York (May, 2003). Also, available in the SSRN eLibrary

“How Long Can the U.S. Consumers Carry the Economy on Their Shoulders” (with E. Karakitsos), Working Papers Series, No. 380, Levy Economics Institute of Bard College, Annandale-on-Hudson, New York (May, 2003). Also, available in the SSRN eLibrary

“Reinventing Fiscal Policy” (with M.C. Sawyer), Working Papers Series, No. 381, Levy Economics Institute of Bard College, Annandale-on-Hudson, New York (May, 2003). Also, available in the SSRN eLibrary

“The Case for Fiscal Policy” (with M.C. Sawyer), Working Papers Series, No. 382, Levy Economics Institute of Bard College, Annandale-on-Hudson, New York (May, 2003). Also, available in the SSRN eLibrary

“Financial Sector Reforms in Developing Countries with Special Reference to Egypt”, Working Papers Series, No. 383, Levy Economics Institute of Bard College, Annandale-on-Hudson, New York (July, 2003). Also, available in the SSRN eLibrary

“Asset and Debt Deflation in the United States: How Far Can Equity Prices Fall?” (with E. Karakitsos), Public Policy Brief No. 73, Levy Economics Institute of Bard College, Annandale-on-Hudson, New York (August, 2003). A shorter version of the Public Policy Brief No. 73 was published as the Highlights No. 73A, 2003

“Macroeconomic Policies of the Economic and Monetary Union: Theoretical Underpinnings and Challenges” (with M.C. Sawyer), Working Papers Series No. 385, Levy Economics Institute of Bard College, Annandale-on-Hudson, New York (August, 2003). Also, available in the SSRN eLibrary

"Europe’s Imposed Stability, Now it Has to Create Growth" (with M.C. Sawyer), The Guardian, (25 August, 2003)

"Only Fiscal Activism has the Power to Counter Recession, because Central Banks are Impotent: Letter to the Editor”, (with P. Papadimitriou), Financial Times, (29 August, 2003)

"Wrong Policies Pulling Eurozone Economies Apart: Letter to the Editor ", (with M.C. Sawyer), Financial Times, (8 September, 2003)

“Inflation Targeting: A Critical Appraisal” (with M.C. Sawyer), Working Papers Series No. 388, Levy Economics Institute of Bard College, Annandale-on-Hudson, New York (September, 2003). Also, available in the SSRN eLibrary

“Aggregate Demand, Conflict, and Capacity in the Inflationary Process” (with M.C. Sawyer), Working Papers Series No. 391, Levy Economics Institute of Bard College, Annandale-on-Hudson, New York (September, 2003). Also, available in the SSRN eLibrary

“Credibility of Interest Rate Policies in Eight EMS Countries: An Application of the Markov Regime-Switching of a Bivariate Autoregressive Model” (with K. Mouratides), National Institute Discussion Papers Series, No. 223, National Institute of Economic and Social Research, London (November, 2003)

“Financial Globalization and Regulation” (with S Basu), Working Papers Series No. 397, Levy Economics Institute of Bard College, Annandale-on-Hudson, New York (December, 2003). Also, available in the SSRN eLibrary

“On the US Post-‘New Economy’ Bubble: Should Asset Prices be Controlled?”, (with E. Karakitsos), Working Papers Series CCEPP WP01-04, Cambridge Centre for Economic and Public Policy, Department of Land Economy, University of Cambridge, (January, 2004). Also, available in the SSRN eLibrary

“The Unsustainable Nature of the Current Economic Recovery in the United States”, (with E. Karakitsos), Policy Briefs, CCEPP PB01-04, Cambridge Centre for Economic and Public Policy, Department of Land Economy, University of Cambridge, (January, 2004)

“Is Financial Globalization Truly Global? New Institutions for an Inclusive Capital Market” (with S Basu), Public Policy Brief No. 75, Levy Economics Institute of Bard College, Annandale-on-Hudson, New York (December, 2003). A shorter version of the Public Policy Brief No. 75 was published as the Highlights No. 75A, 2004

“Does Financial Structure Matter?” (with A.D. Luintel and K.B. Luintel), Working Papers Series, No. 399, Levy Economics Institute of Bard College, Annandale-on-Hudson, New York (January, 2004). Also, available in the SSRN eLibrary

“If US Grows to Potential It Would Stimulate Eurozone Recovery: Letter to the Editor”, (with E. Karakitsos), Financial Times, (2 March, 2004)

“Dollar Weakness is the Key Driver: Letter to the Editor”, (with E. Karakitsos), Financial Times, (3 March, 2004)

“Regime de Metas de Inflação Ainda Divide Especialistas”. Interview by Folha De S. Paulo Newspaper and Debate with Frederic Mishkin, Columbia University, on Inflation Targeting. Published in the Brazilian Newspaper Folha De S. Paulo, 24 May, 2004

“The Sustainability of Economic Recovery in the United States: The Risks to Consumption and Investment” (with E. Karakitsos), Public Policy Brief No. 77, Levy Economics Institute of Bard College, Annandale-on-Hudson, New York (May, 2004). A shorter version of the Public Policy Brief No. 77 was published as the Highlights No. 77A, 2004

“El BCE y el Pacto de Estabilidad son culpables del bajo crecimiento de la UE”. Interview by Ana Barandiaran and published in the Spanish Newspaper El Correo, 17 July, 2004

“Financial Liberalization and Poverty: Channels of Influence”, (with A. Caner), Working Papers Series, No. 411, Levy Economics Institute of Bard College, Annandale-on-Hudson, New York (July, 2004). Also, available in the SSRN eLibrary

“Restrictive Fiscal Stance of German Economic Model Cuts Hopes of Robust Eurozone Recovery: Letter to the Editor”, (with W.  Mosler), Financial Times, (6 September, 2004)

“Eurozone ‘Surplus’: 0.1 Per Cent of GDP is Hardly a Surplus At All: Letter to the Editor”, (with W.  Mosler), Financial Times, (15 September, 2004)

“Fiscal Policy: A Potent Instrument”, (with M. Sawyer), New School Economic Review, Vol. 1, No. 1, (Fall, 2004)

"Schröder is Right, Europe Does Need to Change", (with E. Karakitsos), The Guardian, (24 January, 2005)

“Is Japan’s Recovery Sustainable?”, (with E. Karakitsos), The Nikkei Weekly, (7 February, 2005)

“A Policy-Game Framework for the Dollar-Euro Exchange Rate”, (with E. Karakitsos), Working Papers Series CCEPP WP03-05, Cambridge Centre for Economic and Public Policy, Department of Land Economy, University of Cambridge, (March, 2005)

“A Soft Landing for the US Property Market?, (with E. Karakitsos), Working Papers Series CCEPP WP04-05, Cambridge Centre for Economic and Public Policy, Department of Land Economy, University of Cambridge, (April, 2005)

“Financial Liberalisation and the Relationship between Finance and Growth”, Working Papers Series CCEPP WP05-05, Cambridge Centre for Economic and Public Policy, Department of Land Economy, University of Cambridge, (May, 2005)

“Financial Structure and Economic Growth”, (with A. D. Luintel and K. B. Luintel), Working Papers Series CCEPP WP06-05, Cambridge Centre for Economic and Public Policy, Department of Land Economy, University of Cambridge, (June, 2005)

“Letter to the Editor”, (with J. McCombie and W. Mosler), The Economist, (28 May, 2005)

“Is There a Case for a Strong US Dollar?”, (with W. Mosler), Newropeans Magazine, (27 June, 2005)

“BCE e PEC fracassaram”, Diário Economico, (Interview published in Portuguese), (20 June, 2005)

“Governo deveria financiar totalidade do ensino”, Diário Economico, (Interview published in Portuguese), (21 June, 2005)

“Letter to the Editor”, The Guardian, (13 July, 2005)

“No Votes Raise New Debt Fears: Letter to the Editor”, (with W.  Mosler), Financial Times, (23/24 July, 2005)

“Virtue of Keynes: Letter to the Editor”, (with Y. Kitromilides), The Guardian, (10 August, 2005)

“Innocent Frauds in Greenspan’s Last Testimony?”, (with W. Mosler), Newropeans Magazine, Part 1 (25 August, 2005); Part 2 (26 August, 2005)

“As Fraudes Inocentes No Ultimo Testemunho DE Greenspan”, (with W. Mosler), Revista Autor, Vol. V, No. 51 (5 September, 2005)

“Interview on the EMU”, Newropeans Magazine (30 September, 2005)

“Interview on the EMU”, Revista Autor, (01 October, 2005)

“Katrina and Rita May Stymie Hopes of Bernanke: Letter to the Editor”, (with E. Karakitsos), Financial Times, (29/30 October, 2005)

“Assessing Inflation Targeting through Intervention Analysis” (with A. Angeriz), Working Papers Series CCEPP WP010-05, Cambridge Centre for Economic and Public Policy, Department of Land Economy, University of Cambridge, (October, 2005)

“How Exposed is the Euro Area Economic Performance to External Factors?”, (with E. Karakitsos), Newropeans Magazine, (19 November, 2005)

“An Empirical Investigation of Inflation Targeting in Emerging Economies”, (with A. Angeriz), Working Papers Series CCEPP WP011-05, Cambridge Centre for Economic and Public Policy, Department of Land Economy, University of Cambridge, (November, 2005)

“Inflation Targeting: Assessing the Evidence”, (with A. Angeriz), Working Papers Series CCEPP WP012-05, Cambridge Centre for Economic and Public Policy, Department of Land Economy, University of Cambridge, (December, 2005)

“Exposição da Zona do Euro a Fatores Externos”, (with E. Karakitsos), Revista Autor, Vol. V, No. 54 (1 December, 2005)

“Das Erwartungsparadox”, (with W. Mosler), Financial Times Deutschland, (27 January, 2006). Reprinted in Deutsche Bundesbank, Auszüge aus Presseartikeln Nr. 5, Frankfurt am Main, (1 February, 2006, pp. 6-7)

“Monetary Policy in the UK”, (with A. Angeriz), Working Papers Series CCEPP WP02-06, Cambridge Centre for Economic and Public Policy, Department of Land Economy, University of Cambridge, (February, 2006)

“Europa no hace lo suficiente para corregir los desequilibrios mundiales”. Interview by Emilio Fernandez and published in the Spanish Newspaper La Tribuna De Albacete, (30 April, 2006)

“Fed Policy Brings Economy Back to the Risks of 2000: Letter to the Editor”, (with E. Karakitsos), Financial Times, (20 June, 2006)

“US Downturn May Not be ‘Manageable’: Letter to the Editor”, (with E. Karakitsos), Financial Times, (02 January, 2007)

“US-Hausmarkt und Zinspolitik”, (with E.Karakitsos), Financial Times Deutschland, (07 May, 2007)

Greek Treasury Gaining at Expense of Pension Funds: Letter to the Editor”, (with E. Karakitsos), Financial Times, (22 June, 2007)

“Los expertos temen que la crisis inmobiliaria de EE UU pueda afectar a la economía mundial”. Interview by Manu Alvarez and published in the Spanish Newspaper El Correo, 16 July, 2007

“Fed-funds Rate Cut is Needed because of Risks Facing Consumers: Letter to the Editor ” ”, (with E. Karakitsos), Financial Times, (04 August, 2007)

“Central Banks Should Target Personal Sector Wealth: Letter to the Editor”, (with E. Karakitsos), Financial Times, (07 November, 2007)

“Muito Além Das Metas”. Interview by Luiz Antonio Cintra and published in the Brazilian Magazine CartaCapital: Politica, Economia E Cultura, (18 April, 2008)

“We Need Fiscal Policy to Tackle the Crisis: Letter to the Editor”, (with J. McCombie), The Guardian, (21 July, 2008)

“Expect Public-Sector Deficits and Oil Prices to Go on Rising: Letter to the Editor”, (with J. McCombie and W. Mosler), Financial Times, (22 July, 2008)

“Fiscal Policy Rescue: Letter to the Editor”, (with J. McCombie and W. Mosler), The Times, (13 August, 2008)

“Drawing Up a New Economic Architecture: Letter to the Editor”, (with M. Sawyer), The Guardian, (09 September, 2008)

“Inflation Targeting in Brazil” (with F. Ferrari, L.F. de Paula), Working Papers Series No. 544, Levy Economics Institute of Bard College, Annandale-on-Hudson, New York (September, 2008). Also, available in the SSRN eLibrary

“Open Letter to World Leaders Attending the November 15 White House Summit on Financial Markets and the World Economy” (with P. Davidson and others), Asia Times, (07 November, 2008)

“What Role for Central Banks in View of the Current Crisis?” (with E. Karakitsos), Policy Note 2009/2, Levy Economics Institute of Bard College, Annandale-on-Hudson, New York (March, 2009)

“Capital Account Liberalization and Poverty: How Close is the Link?” (with A. Caner), Working Papers Series CCEPP WP04-09, Cambridge Centre for Economic and Public Policy, Department of Land Economy, University of Cambridge, (April, 2009). Also, available in the SSRN eLibrary

“New Consensus Macroeconomics: A Critical Appraisal”, Working Papers Series No. 564, Levy Economics Institute of Bard College, Annandale-on-Hudson, New York, (May, 2009). Also, Working Papers Series CCEPP WP05-09, Cambridge Centre for Economic and Public Policy, Department of Land Economy, University of Cambridge, (May, 2009). Also, available in the SSRN eLibrary

“Fiscal Policy within the New Consensus Framework”, Working Papers Series CCEPP WP06-09, Cambridge Centre for Economic and Public Policy, Department of Land Economy, University of Cambridge, (June, 2009)

“Financial Liberalization and the Geography of Poverty”, (with A. Caner), Working Papers Series CCEPP WP07-09, Cambridge Centre for Economic and Public Policy, Department of Land Economy, University of Cambridge, (July, 2009)

“Subprime Mortgage Market and the Current Financial Crisis”, (with E. Karakitsos), Working Papers Series CCEPP WP08-09, Cambridge Centre for Economic and Public Policy, Department of Land Economy, University of Cambridge, (August, 2009)

“Ferguson’s Conclusions are Based on Ideology: Letter to the Editor”, (with M. Sawyer), Financial Times, (17 August, 2009)

“Inflation Targeting in Brazil”, (with L. F. de Paula and F. Ferrari-Filho), Working Papers Series CCEPP WP09-09, Cambridge Centre for Economic and Public Policy, Department of Land Economy, University of Cambridge, (September, 2009)

“Classifying Monetary Economics: Fields and Methods from Past to Future”, (with A. Mihailov), Working Papers Series CCEPP WP10-09, Cambridge Centre for Economic and Public Policy, Department of Land Economy, University of Cambridge, (October, 2009)

“Help the Jobless before the Bankers: Letter to the Editor”, (with M. Sawyer), The Guardian, (09 September, 2009)

“The Truth Worth of a Tobin Tax: Letter to the Editor”, (with M. Sawyer), The Observer, (20 December, 2009)

“Hypocritical to Suggest Greece be Ejected from Eurozone: Letter to the Editor”, (with T. Pelagidis), Financial Times, (28 January, 2010)

“Greece’s Economic Problems and Euro Threads are Exaggerated: Letter to the Editor”, (with T. Pelagidis), The Guardian, (01 February, 2010)

“‘Slash and Burn’ Plan Would Cost Us All Dear: Letter to the Editor”, (with M. Sawyer), TheSunday Times, (21 February, 2010)

“Better Routes to Economic Recovery: Letter to the Editor” (with 28 others), The Guardian, (27 March, 2010)

“Open Letter to European Policymakers: The Greek Crisis is a European Crisis and Needs European Solutions” (with 200 Other Economists), Published in a Number of Outlets, (May 2010)  

“Osborne’s Axe – Much Pain, Little Gain: Letter to the Editor” (with M. Sawyer), The Guardian, (24 May 2010)

“A Sectre is Hunting Europe” (with T. Pelagidis), The Levy Economics Institute Blog, (15 June 2010)

“The Mediterranean Countries are Being Condemned to High and Rising Unemployment” (with M. Sawyer). Published in the special issue of the e-journal Re-public, entitled Beyond the Public Debt Crisis: The European Union at a Crossroads. Available at: http://www.re-public.gr/en/?p=2390

A Good Mood Based on a Bad Policy” (with T. Pelagidis), The Levy Economics Institute Blog, (16 July 2010)

“Financial Globalisation and Crisis, Institutional Transformation and Equity” (with A.  Singh), Working Paper Series, No. 405, Centre for Business Research, Judge Business School, University of Cambridge, (June 2010)

“Raising Interest Rates is a Poor Tool to Fight Inflation: Letter to the Editor” (with M. Sawyer), Financial Times, (02 February, 2011)

“Moral Hazard Requires Targeting Wealth” (with E. Karakitsos), Brazilian Keynesian Association, Short Papers, March 11, 2011. Available at: http://www.ppge.ufrgs.br/akb/clipping/21.pdf

“Financial Market Reforms”, Bulletin No. 9, June 2011, Facultad de Ciencias Económicas y Empresariales, University of the Basque Country

“Eurobonds Will Need a Form of Political Union: Letter to the Editor” (with M. Sawyer), Financial Times, (18 August, 2011)

“Ideas on Fiscal Union Welcome but Inadequate: Letter to the Editor” (with M. Sawyer), Financial Times, (06 December, 2011)

“The EU Fiscal Compact” (with M. Sawyer), Available at Triple Crisis: Global Perspectives on Finance, Development and Environment, December 2011,  (http://triplecrisis.com)

“The ‘Fiscal Compact’ has not solved the Euro Crisis” (with M. Sawyer), Available at Triple Crisis: Global Perspectives on Finance, Development and Environment, January 2012, (http://triplecrisis.com)

“Reforming the European Central Bank to Promote Economic Prosperity” (with M. Sawyer), Available at Triple Crisis: Global Perspectives on Finance, Development and Environment, April 2012, (http://triplecrisis.com)

EU Austerity Measures Constitute Sheer Catastrophe (with M. Sawyer), Available at Triple Crisis: Global Perspectives on Finance, Development and Environment, June 2012, (http://triplecrisis.com)

The Time Bomb of Public Private Partnerships (with M. Sawyer), Available at Triple Crisis: Global Perspectives on Finance, Development and Environment, July 2012, (http://triplecrisis.com)

The Dangers of Pseudo Fiscal Union in the EMU (with M. Sawyer), Available at Triple Crisis: Global Perspectives on Finance, Development and Environment, August 2012, (http://triplecrisis.com)

Austerity is not Working in Europe” (with M. Sawyer), Available at Triple Crisis: Global Perspectives on Finance, Development and Environment, August 2012, (http://triplecrisis.com)

“Investment, Financial Markets, and Uncertainty” (with Ó. Dejuán and A. R. González), Working Papers Series No. 743, Levy Economics Institute of Bard College, Annandale-on-Hudson, New York, (December, 2012). Also, available in the SSRN eLibrary and listed on SSRN's Top Ten download list for: ERN: Analytical Models (Topic) and PSN: Housing (Topic)

“Bank Credit and the Housing Market in OECD Countries”, (with A.R. González), Working Papers Series CCEPP WP01-13, Cambridge Centre for Economic and Public Policy, Department of Land Economy, University of Cambridge, (January, 2013)

“Residential Construction Activity in OECD Economies”, (with A.R. González), Working Papers Series CCEPP WP02-13, Cambridge Centre for Economic and Public Policy, Department of Land Economy, University of Cambridge, (January, 2013)

“Modelling the Housing Market in OECD Countries”, (with A.R. González), Working Papers Series CCEPP WP03-13, Cambridge Centre for Economic and Public Policy, Department of Land Economy, University of Cambridge, (January, 2013)

“Endogenous Bank Credit and its Link to Housing in OECD Countries”, (with A. R. González),  Working Papers Series No. 750, Levy Economics Institute of Bard College, Annandale-on-Hudson, New York, (January, 2013). Also, available in the SSRN eLibrary

“Modeling the Housing Market in OECD Countries”, (with A.R. González),  Working Papers Series No. 764, Levy Economics Institute of Bard College, Annandale-on-Hudson, New York, (May, 2013). Also, available in the SSRN eLibrary, and listed on SSRN's Top Ten download list for: ERN: Analytical Models (Topic) and PSN: Housing (Topic)

“European governments repeat mistakes of the Treaty of Versailles: Letter to the Editor” (with others), Financial Times, (23 August, 2013)

“Euro Area Banking Union” (with M. Sawyer). Available at Triple Crisis: Global Perspectives on Finance, Development and Environment, March 2013, (http://triplecrisis.com)

“Would a Euro Area Banking Union Have Saved Cyprus?” (with M. Sawyer). Available at Triple Crisis: Global Perspectives on Finance, Development and Environment, May 2013, (http://triplecrisis.com)

“Quantitative Easing: Can it be Unwound?” (with M. Sawyer). Available at Triple Crisis: Global Perspectives on Finance, Development and Environment, July 2013, (http://triplecrisis.com)

“The economists' warning: Letter to the Editor” (with others), Financial Times (23 September, 2013) (http://www.theeconomistswarning.com)

“The Eurozone Balanced Budget Disaster” (with M. Sawyer). Available at Triple Crisis: Global Perspectives on Finance, Development and Environment, November 2013, (http://triplecrisis.com)

“Can the Eurozone Survive and be Prosperous?” (with M. Sawyer),  Intereconomics - Review of European Economic Policy, Vol. 48, November/December 2013

“‘Structural Reforms’ and Unemployment (with M. Sawyer). Available at Triple Crisis: Global Perspectives on Finance, Development and Environment, January 2014, (http://triplecrisis.com)

“Current and Future Regulatory Role of the ECB”, Cambridge Centre for Economic and Public Policy (CCEPP) Working Paper CCEPP WP04-14 (February 2014)

“Current and Future ECB Monetary Policy”, Financialisation, Economy, Society and Sustainable Development (FESSUD) Working Paper Series, No. 28 (March, 2014)

“Is a Second Euro Crisis Possible?” (with M. Sawyer). Available at Triple Crisis: Global Perspectives on Finance, Development and Environment, March 2014, (http://triplecrisis.com)

“Are We All Post Keynesians Now?!” (with M. Sawyer). Available at Triple Crisis: Global Perspectives on Finance, Development and Environment, May 2014, (http://triplecrisis.com)

“Time to change central bank role: Letter to the Editor” (with M. Sawyer), The Guardian, (21 April 2014)

“A Reflection on ‘Capital in the 21st Century’ (with M. Sawyer). Available at Triple Crisis: Global Perspectives on Finance, Development and Environment, July 2014, (http://triplecrisis.com)

“Financial Transactions Taxes: An Overview of their Potential Roles”, FESSUD, University of Leeds, November 2014

“The Failed Austerity Experiment in the UK” (with M. Sawyer). Available at Triple Crisis: Global Perspectives on Finance, Development and Environment, January  2014, (http://triplecrisis.com)

 

 

CHAPTERS IN BOOKS AND OTHER

 

"The Demand for and Supply of Money in the Federal Republic of Germany, 1965 to  1974", (with S.F. Frowen), in S.F. Frowen, A.S. Courakis and M. Miller (eds.), Monetary Policy and Economic Activity in the Federal Republic of Germany, (Surrey University Press in association with International Textbook Company, 1977). Chapter followed by commentary by Marcus H. Miller, under the title "The Demand for and Supply of Money in the Federal Republic of Germany: 1965-1974 - A Comment"

"Impacts of Fiscal Actions on Aggregate Income and the Monetarist Controversy:  An Empirical Investigation", (with S.F. Frowen), in S.F. Frowen (ed.), Controlling Industrial Economies, (in honour of Professor C.T. Saunders), (Macmillan, l983)

"Optimal Stabilisation Policies in W. Germany and the Netherlands", (with S. Holly and E. Karakitsos), in S.F. Frowen (ed.) Controlling Industrial Economies (in honour of Professor C.T. Saunders), (Macmillan, 1983)

"The Demand for Money in Small Developing Economies: An Application of the Error Correction Mechanism", in P. Arestis (ed.), Contemporary Issues in Money and Banking, (Macmillan, 1988)

"Post-Keynesian Economics: Recent Developments and Future Prospects", in J.R. Shackleton's (ed.) New Thinking in Economics, (Edward Elgar Publishing Limited, 1990)

"Supply Side Socialism in the UK: A Post-Keynesian Perspective", in J. Michie (ed.), The Economics of Restructuring and Intervention, (Edward Elgar Publishing Limited, 1991)

"Entry on A.S. Eichner's Life and Work" in P. Arestis and M.C. Sawyer (eds.), Biographical Dictionary of Dissenting Economists, (Edward Elgar Publishing Limited, 1992)

"A Post-Keynesian Perspective on European Integration", in K. Bain (ed.), Aspects of European Integration, (Caldwell Prince Ltd, 1992)

"Economic Policies in a Post-Keynesian World", in W. Milberg (ed.), The Megacorp and Macrodynamics : Essays in Memory of Alfred Eichner, (M. E. Sharpe, Inc., 1992)

"The Impact of German Unification on the EMS", in C. Ruhl (ed.), Konsolidierung des Binnenmarkts in den neuen Ländern:  Strukturpolitik und Westeuropäische Integration (Metropolis, 1992)

"Budget Deficits and Stabilization Policies in the UK, l979-91", (with K. Bain), in P. Paquette and M. Seccareccia (eds., in French), Budget Deficits and Stabilisation Policy: Alternatives to Contemporary Orthodoxy (Economie et Politique, 1993)

"Financial Liberalisation and Economic Development: A Critical Exposition", (with P.O. Demetriades), in P. Arestis (ed.) Money and Banking: Issues for the 21st Century, Essays in Honour of Stephen Frowen, (Macmillan, 1993)

"UK Monetary Aggregates - Definition and Control", (with I. Biefang-Frisancho Mariscal and P.G.A. Howells), in P. Arestis (ed.) Money and Banking: Issues for the 21st Century, Essays in Honour of Stephen Frowen, (Macmillan, 1993)

"A Post-Keynesian Perspective of European Integration", in I. Rima (ed.) The Political Economy of Global Restructuring, (Edward Elgar Publishing Limited, 1993)

"Divergence and Peripheral Fordism in the European Community", (with E. Paliginis), in T. Georgakopoulos, C. Paraskevopoulos and J. Smithin (eds.), Economic Integration Between Unequal Partners, (Edward Elgar Publishing Limited, 1994)

"Post-Keynesian Economic Policy", in G. Hodgson, M. Tool and W. Samuels (eds.), Handbook of Institutional and Evolutionary Economics, (Edward Elgar Publishing Ltd, 1994)

"The Independence of a European Central Bank: An Application of Ideas from Keynes and Hicks to the Europe of the 1990s", (with K. Bain), in the proceedings of the 3rd International Annual Congress Conference, under the title European Financial Area, (The Economic Society of Thessaloniki: Greece, 1994)

"Divergence Rather than Convergence in the European Community: A Political Economy Perspective", (with E. Paliginis), in the proceedings of the 3rd International Annual Congress, under the title European  Financial Area, (The Economic Society of Thessaloniki: Greece, 1994)

"Wages, Money and Real", (with M.C. Sawyer), in P. Arestis and M.C. Sawyer, (eds.), Handbook of Radical Political Economy, (Edward Elgar Publishing Limited, 1994)

"Peripheral Fordism in Europe", (with E. Paliginis), in P. Arestis and M.C. Sawyer, (eds.), Handbook of Radical Political Economy, (Edward Elgar Publishing Limited, 1994)

"Realism in Post-Keynesian Quantitative Analysis: An Application in the Case of Endogenous Money", (with I. Biefang-Frisancho Mariscal and P.G.A. Howells), in M. Glick and E.K. Hunt (eds.) Competition, Technology and Money, (Edward Elgar Publishing Limited, 1994)

"A European Central Bank: A Necessary Evil?", (with Keith Bain), in P. Arestis and V. Chick (eds.), Finance, Development and Structural Change: Post-Keynesian Perspectives, (Edward Elgar Publishing, 1995)

"The Ethics of Interest Rate Liberalisation in Developing Economies", (with P.O. Demetriades), in S.F. Frowen and F.P. McHugh (eds.) Financial Decision-Making and Moral Responsibility, (Macmillan, 1995)

"Changes in Income Distribution and the Pattern of Consumer Spending: A Constraint on Full Employment?" (with P. Howells). Published in French in the proceedings of the 1994 conference, What Are the Actual Obstacles to Full Employment in Contemporary Economies?, which took place in Ottawa, Canada, April 7-8, 1994

"In Conversation with John King" in J.E. King Conversations with Post Keynesians, (Macmillan, 1995)

"Kalecki's Role in Post-Keynesian Economics: An Overview", in J. King       (ed.), An Alternative Macroeconomic Theory: The Kaleckian Model and Post-Keynesian Economics, (Kluwer Academic Publishers, 1996)

International Review of Applied Economics, Special Issue on Relevance of Keynesian Policies (edited with M.C. Sawyer), Volume 10, Number 1, January 1996

"Free Trade Among Unequal Partners: The Case of the EU and NAFTA" (with E. Paliginis), in C. Paraskevopoulos, R. Grinspun and G. Eaton (eds.) Economic Integration in the Americas, (Edward Elgar Publishing, 1996)

"European Monetary Integration: A Post Keynesian Critique and Some Proposals" (with M.C. Sawyer), in P. Arestis (ed.), Keynes, Money and the Open Economy: Essays in Honour of Paul Davidson, Volume 1, (Edward Elgar, 1996)

"On Financial Repression and Economic Development: The Case of Cyprus", (with P.O. Demetriades), in P. Arestis (ed.), Employment, Economic Growth and the Tyranny of the Market: Essays in Honour of Paul Davidson, Volume 2, (Edward Elgar, 1996)

"Post Keynesian Economic Policies for `World Prosperity'" in P. Arestis, Gabriel Palma and M.C. Sawyer (eds.), Markets, Unemployment and Economic Policy: Essays in Honour of Geoff Harcourt, Volume 2, (Routledge, 1997)           

"The Problematic Nature of Independent Central Banks" (with M.C. Sawyer), in A.J. Cohen, H. Hagemann and J. Smithin (eds.), Money, Financial Institutions and Macroeconomics. Proceedings of the conference held in Toronto, Canada, 10-12 April, 1995 (Kluwer Academic Publishers, 1997)

"Financial Liberalisation: Myth or Reality?", (with P.O. Demetriades), in P. Arestis (ed.), Methodological, Theoretical and Policy Issues in the Tradition of the General Theory: Essays in Honour of Paul Davidson, Volume 3, (Edward Elgar, 1998)

"Post Keynesian Policies for the New Millennium" (with M. Glickman), in S. Sharma (ed.), John Maynard Keynes: Keynesianism into the Twenty-first Century, (Edward Elgar, 1998)

"Elements of Conflict in UK Wage Determination", (with I. Biefang-Frisancho Mariscal), in R. Rotheim (ed.), New Keynesian Economics/Post Keynesian Alternatives, (Routledge, 1998)

"The Tobin Financial Transactions Tax: Its Potential and Feasibility" (with M.C. Sawyer), in P. Arestis and M.C. Sawyer (eds.), Essays on the Political Economy of Economic Policies, (Macmillan, 1998)

"Globalisation of Production and Industrialisation in the Periphery: The Case of the EU and NAFTA" (with E. Paliginis), in J. Deprez and J. Harvey (eds.) Post-Keynesian Foundations in the Analysis of International Economics, (Kluwer Academic Publishers, 1999; Hardback and Paperback)

"Wage Determination, Capital Shortage and Unemployment - A Comparison Between Germany and the UK", (with I. Biefang-Frisancho Mariscal) in M. Setterfield (ed.), The Political Economy of Growth, Employment and Inflation: Essays in Honour of John Cornwall, (Macmillan, 1999)

"Post Keynesian Economic Policies: Continuing Relevance", (with M. Glickman), in P. Arestis, S. Daniel and J. Grahl (eds.), Adjustment, Convergence and Economic Policy: Essays in Macroeconomics in Honour of Bernard Corry and Maurice Peston, Volume 1, (Edward Elgar Publishing Limited, 1999)

"What Role for the Tobin Tax in World Economic Governance?" (with M.C. Sawyer), in J. Grieve Smith and J. Michie (eds.), Global instability: The Political Economy of World Economic Governance, (Routledge, 1999)

"Prospects for the Single European Currency and Some Proposals for a New Maastricht" (with M.C. Sawyer), in P. Davidson and J. Kregel (eds.), Full Employment and Price Stability in a Global Economy. Selected proceedings of the international conference under the same title at the Post Keynesian Economics Workshop, University of Tennessee, Knoxville, USA, 25 June to 1 July, 1998, (Edward Elgar Publishing Limited, 1999)

"The Macroeconomics of Industrial Strategy" (with M.C. Sawyer), in K. Cowling (ed.), Industrial Policy in Europe: Theoretical Perspectives and Practical Proposals, (Routledge, 1999)

"Globalization, Regionalism and National Economic Policies" (with E. Paliginis), in J. Toporowski (ed.), Political Economy and the New Capitalism: Essays in Honour of Sam Aaronovitch, (Edward Elgar Publishing Limited, 1999)

"Financial Development and Economic Growth: Assessing the Evidence" (with P.O. Demetriades). Reprinted from Economic Journal (Vol. 107, No. 442, May, 1997) in H. Dixon (ed.), Controversies in Macroeconomics: Growth, Trade and Policy, (Blackwell, 2000)

"The Deflationary Consequences of the Single Currency" (with M.C. Sawyer), in M. Baimbridge, B. Burkitt and P. Whyman (eds.), The Impact of Euro: Debating Britain’s Future, (Macmillan, 2000)

"Recent Banking and Financial Crises: Minsky versus the Financial Liberalisationists", in R. Bellofiore and P. Freri (eds.), Financial Keynesianismand Market Instability: The Economic Legacy of Hyman Minsky, Volume I (Edward Elgar Publishing Limited, 2001)

"Financial Liberalisation and the Globalisation of Financial Services: Two Lessons from the East Asian Experience" (with P.O. Demetriades and B. Fattouh), in S. Lahiri (ed.), Regionalism and Globalisation: Theory and Practice (Routledge, Routledge Contemporary Economic Policy Issues Series, 2001)

"Will the Euro Bring Economic Crisis to Europe?" (with M.C. Sawyer), in P. Arestis, M. Baddeley and J. McCombie (eds.), What Global Economic Crisis?, (Palgrave, 2001)

"Post Keynesian Economics", in R.J.B. Jones (ed.), Routledge Encyclopedia of International Political Economy, (Routledge, 2001)

“Causes of Euro Instability” (with I. Biefang-Frisancho Mariscal, A. Brown and M.C. Sawyer), ch. 5 in A.M. Al-Agraa (ed.), The Euro and Britain: Implications of Moving Into the EMU, (Pearson Education Limited, 2002)

“Macroeconomics of Sterling and the Euro” (with M.C. Sawyer), ch. 9 in A. Al-Agraa (ed.), The Euro and Britain, (Pearson Education Limited, 2002)

"Conflict in Wage and Unemployment Determination in the UK", (with I. Biefang-Frisancho Mariscal) in S.C. Dow and J. Hillard (eds.), Post Keynesian Econometrics, Microeconomics and the Theory of the Firm: Beyond Keynes, Volume One, (Edward Elgar Publishing Limited, 2002)

"An Evaluation of the Tobin Transactions Tax", (with M.C. Sawyer) in S.C. Dow and J. Hillard (eds.), Keynes, Uncertainty and the Global Economy: Beyond Keynes, Volume Two , (Edward Elgar Publishing Limited, 2002)

“Fiscal Policies in the Eurosystem” (with M.C. Sawyer) in Arne Heise (Hrsg.), Neus Geld-alte Geldpolitik?, Die EZB im makroökonomischen Interaktionsraum, (Metropolis-Verlag, Marburg, 2002)

“The Importance of Capital Stock in Unemployment and Wage determination: an Empirical Investigation”, (with I. Biefang-Frisancho Mariscal), in H. Hagemann and S. Seiter (eds.), Growth Theory and Growth Policy, (Routledge, Taylor and Francis Group, 2003)

“The Decline of the Euro in its First Two Years: Is There a Satisfactory Explanation?”, (with I. Biefang-Frisancho Mariscal, A. Brown and M.C. Sawyer), in L-P. Rochon and M. Seccareccia (eds.), Dollarisation: Lessons from Europe and the Americas, (Routledge, Taylor and Francis Group, 2003) 

“The Euro and the EMU: Lessons for MERCOSUR” (with F. Ferrari, L.F. de Paula and M.C. Sawyer), in P. Arestis and L.F. de Paula (eds.), Monetary Union in South America: Lessons from EMU, (Edward Elgar Publishing Limited, 2003)

“European Integration and the ‘Euro Project’” (with M.C. Sawyer), in J. Michie (ed.), The Handbook of Globalisation, (Edward Elgar Publishing Limited, 2003)

“Critical Realism and the Political Economy of the Euro” (with A. Brown and M.C. Sawyer), in P. Downward (ed.), Applied Economics and the Critical Realist Critique, (Routledge, Taylor and Francis Group, 2003)

“The Relevance of Kalecki’s ‘Political Aspects of Full Employment’ to the Twenty-First Century” (with F. Skuse) in Z.L. Sadowski and A. Szeworski (eds.), Kalecki’s Economics Today, (Routledge, Taylor and Francis Group, 2004)

“Financial Sector Reforms in Developing Countries with Special Reference to Egypt”, in R. Arena and N. Salvatori (eds.), Money Credit and the Role of the State: Essays in Honour of Augusto Graziani, (Ashgate Publishing Limited, 2004)

"The Economic and Monetary Union: Current and Future Prospects” (with M.C. Sawyer), in F.F. Filho and L.F.R. de Paula (eds.), Financial Globalisation: Essays on Open Economies, (in Portuguese), (Vozes Publishers, 2004)

"Macroeconomic Policies of the Economic and Monetary Union: Theoretical Underpinnings and Challenges" (with M.C. Sawyer), in P. Arestis and M.C. Sawyer (eds.), Neo-Liberal Economic Policy: Critical Essays, (Edward Elgar Publishing Limited, 2004)

“Monetary Policy when Money is Endogenous: Going Beyond the ‘New Consensus’” (with M.C. Sawyer), in M. Lavoie and M. Seccareccia (eds.), Central Banking in the Modern World: Alternative Perspectives, (Edward Elgar Publishing Limited, 2004)

“Neoliberalism and the Third Way” (with M.C. Sawyer), in A. Saad-Filho and D. Johnston (eds.), Neoliberalism: A Critical Reader, (Pluto Press, 2005)

“The Neoliberal Experience in the United Kingdom” (with M.C. Sawyer), in A. Saad-Filho and D. Johnston (eds.), Neoliberalism: A Critical Reader, (Pluto Press, 2005)

“Tobin Tax”, in J. King (ed.), Elgar Companion to Post Keynesian Economics, (Edward Elgar Publishing Limited, 2005)

“Financial Globalisation and Regulation” (with S. Basu), in R. Sobreira (ed.), Regulação Financeira E Bancάria, (Atlas Press, 2005, in Portuguese)

“What is Wrong with the Euro Area Monetary Model?” (with M.C. Sawyer), in G. Fontana and R. Realfonso (eds.), The Monetary Theory of Production: Tradition and Perspectives, (Palgrave Macmillan, 2005)

“Alternatives for the Policy Framework of the Euro” (with M.C. Sawyer), in B. Laperche and D. Uzinidis (eds.), John Kenneth Galbraith and the Future of Economics, (Palgrave Macmillan, 2005)

“New Consensus Monetary Policy: An Appraisal” (with M.C. Sawyer), in P. Arestis, M. Baddeley and J. McCombie (eds.), The New Monetary Policy: Implications and Relevance, (Edward Elgar Publishing Limited, 2005)

“On the US Post-‘New Economy’ Bubble: Should asset Prices be Controlled?” (with E. Karakitsos), in P. Arestis, M. Baddeley and J. McCombie (eds.), The New Monetary Policy: Implications and Relevance, (Edward Elgar Publishing Limited, 2005) Financial Liberalization and the Finance-Growth Nexus: What Have we Learned?” (with M. Sawyer), in P. Arestis and M. Sawyer (eds), Financial Liberalization: Beyond Orthodox Concerns, (Palgrave Macmillan, 2005)

“The Case for Fiscal Policy” (with M.C. Sawyer), in P. Arestis, J. Ferreiro and F. Serrano (eds.), Financial Developments in National and International Markets, (Palgrave Macmillan, 2006)

“Is Capital Sock a Determinant of Unemployment?” (with M. Baddeley and M.C. Sawyer), in E. Hein, A. Heise, and A. Truger (eds.), Wages, Employment, Distribution and Growth: International Perspectives, (Palgrave Macmillan, 2006)

“What Type of European Monetary Union?” (with M.C. Sawyer), in P. Whyman, M. Baimbridge and B. Birkitt (eds.), Implications of the Euro: A Critical Perspective From the Left, (Routledge, Taylor and Francis Group, 2006)

“Is There a Role for Capital Controls? ” (with J. Ferreiro and C. Gómes), in L-P. Rochon and S. Rossi (eds.), Monetary and Exchange Rate Systems: A Global View of Financial Crises, (Edward Elgar Publishing Limited, 2006)

“Interest Rates and the Real Economy” (with M.C. Sawyer), in C. Gnos and L-P. Rochon (eds.), Post-Keynesian Principles of Economic Policy, (Edward Elgar Publishing Limited, 2006)

“The Case for Fiscal Policy” (with M.C. Sawyer), in P.G. Berglund and M. Vernengo (eds.), The Means to Prosperity: Fiscal Policy Reconsidered, (Routledge, Taylor and Francis Group, 2006)

“Reflections on the Experience of the Euro: Lessons for the Americas” (with M.C. Sawyer), in M.Vernengo (ed.), Monetary Integration and Dollarization: No Panacea, (Edward Elgar Publishing Limited, 2006)

“Alternatives for the Policy Framework of the Euro” (with M.C. Sawyer), in W. Mitchell, J. Muysken and T.V. Veen (eds.), Growth and Cohesion in the European Union: The Impact of Macroeconomic Policy, (Edward Elgar Publishing Limited, 2006)

“Monetary Policy when Money is Endogenous” (with M.C. Sawyer), in M. Setterfield (ed.), Complexity, Endogenous Money and Macroeconomic Theory: Essays in Honour of Basil J. Moore, (Edward Elgar Publishing Limited, 2006)

“Interest Rates and the Real Economy” (with M.C. Sawyer), in C. Gnos and L-P. Rochon (eds.), Post-Keynesian Principles of Economic Policy, (Edward Elgar Publishing Limited, 2006)

“Endogenous Growth Theory: A Partial Critique” (with M.C. Sawyer), in P. Arestis, J. McCombie and R. Vickerman (eds.), Growth and Economic Development: Essays in Honour of A.P. Thirlwall, (Edward Elgar Publishing Limited, 2007)

“Financial Liberalization and the Relationship between Finance and Growth”, in P. Arestis and M.C. Sawyer (eds.), A Handbook of Alternative Monetary Economics, (Edward Elgar Publishing Limited, 2007)

“Asymmetries as Sources of Conflict in a Monetary Union” (with G. Chortareas and T. Pelagidis), in P. Arestis and G. Zezza (eds.), Advances in Monetary Policy and Macroeconomics, (Palgrave Macmillan, 2007)

“Inflation Targeting: Assessing the Evidence” (with A. Angeriz), in J. McCombie and C.R. Gonzales (eds.), Issues in Finance and Monetary Policy, (Palgrave Macmillan, 2007)

“Credibility of Interest Rate Policies in Eight European Monetary System Countries: An Application of the Markov Regime-Switching of a Bivariate Autoregressive Model” (with K. Mouratidis), in J. McCombie and C.R. Gonzales (eds.), Issues in Finance and Monetary Policy, (Palgrave Macmillan, 2007)

“Introduction” (with Andrew Ross), in P. Arestis (ed.), Is There a New Consensus in Macroeconomics?”, (Palgrave Macmillan, 2007)

“What is the New Consensus in Macroeconomics?”, in P. Arestis (ed.), Is There a New Consensus in Macroeconomics?”, (Palgrave Macmillan, 2007)

“A Policy-Game Framework for the Dollar-Euro Exchange Rate?” (with E. Karakitsos), in P. Arestis, E. Hein and E. Le Heron (eds.), Aspects of Modern Monetary and Macroeconomic Policies, (Palgrave Macmillan, 2007)

“Macroeconomic Policy in the UK Under New Labour: The End of Boom and Bust” (with M.C. Sawyer), in P. Arestis, E. Hein and E. Le Heron (eds.), Aspects of Modern Monetary and Macroeconomic Policies, (Palgrave Macmillan, 2007)

“Funciona en la prάctica la consolidaciόn fiscal” (with G. Goodwin and M.C. Sawyer), in M.G.M de Anguino and N.O.L Orlik (eds.), Políticas Macroeconόmicas Para Países rn Desarrollo, (FES Unam Acatlan: Mexico, 2007).

“Perspectives on Economic Policy in the Economic and Monetary Union” (with M.C. Sawyer), in E. Hein, J. Priewe and A. Truger (eds.), European Integration in Crisis, (Metropolis-Verlag, Marburg, 2007)

“Assessing the Economic Policies of President Lula da Silva in Brazil: Has fear Defeated Hope?” (with L.F. de Paula and F. Ferrari), in  P. Arestis and M.C. Sawyer (eds.), Political Economy of Latin America: Recent Economic Performance, (Palgrave Macmillan, 2007)

“Can the Euro Area Play a Stabilizing Role in Balancing the Global Imbalances?” (with M.C. Sawyer), in J. Bibow and A. Terzi (eds.), Eurolandand the World Economy: Global Player or Global Drag (Palgrave Macmillan, 2007)

“Assessing the Empirical Evidence on Inflation Targeting and Possible Lessons for Brazil” (with A. Angeriz and T. Chakravarty), in P. Arestis and A. Saad-Filho (eds.), Political Economy of Brazil: Recent Economic Performance, (Palgrave Macmillan, 2007)

“Inflation Targeting in Emerging Countries: The Case of Brazil” (with L.F. de Paula and F. Ferrari), in P. Arestis and A. Saad-Filho (eds.), Political Economy of Brazil: Recent Economic Performance, (Palgrave Macmillan, 2007)

“Minsky’s Financial Instability Hypothesis: The Crucial Role of Fiscal Policy” (with E. De Antoni), in J. Creel and M. Sawyer (eds.), Current Thinking on Fiscal Policy, (Palgrave Macmillan, 2008)

“Financial Liberalization: The Current State of Play” (with M. Sawyer), in P. Arestis and J. Eatwell (eds.), Issues in Finance and Industry: Essays in Honour of Ajit Singh, (Palgrave Macmillan, 2008)

“Unemployment and the Natural Interest Rate in a Neo-Wicksellian Model” (with E. Karakitsos), in P. Arestis and J. McCombie (eds.), Unemployment: Past and Present, (Palgrave Macmillan, 2008)

“Role of Finance and Credit in Economic Development” (with S. Basu), in A.K. Dutt and J. Ros (eds.), International Handbook of Development Economics, Volume One, (Edward Elgar Publishing Limited, 2008)

“Fiscal Policy Within the ‘New Consensus Macroeconomics’ Framework”, in J. Creel and M. Sawyer (eds.), Current Thinking on Fiscal Policy, (Palgrave Macmillan, 2009)

“Minsky’s Financial Instability Hypothesis: The Crucial Role of Fiscal Policy” (with E. De Antoni), in J. Creel and M. Sawyer (eds.), Current Thinking on Fiscal Policy, (Palgrave Macmillan, 2009)

“The Intertemporal Budget Constraint and the Sustainability of Budget Deficits” (with M. Sawyer), in J. Creel and M. Sawyer (eds.), Current Thinking on Fiscal Policy, (Palgrave Macmillan, 2009)

“On the Convergence and Divergence of Economics” (with M. Sawyer), in S. Ghatak and P. Levine (eds.), Development Macroeconomics: Essays in Memory of Anita Ghatak, (Routledge Studies in Development Economics, 2009)

“Price and Wage Determination and the Inflation Barrier: Moving Beyond the Phillips Curve” (with M. Sawyer), in G. Gnos and L-P. Rochon (eds), Monetary Policy and Financial Stability: A Post-Keynesian Agenda, (Edward Elgar, 2009)

“New Consensus Macroeconomics and Keynesian Critique”, in E. Hein, T. Niechoj and E. Stockhammer (eds.), Macroeconomic Policies on Shaky Foundations: Wither Mainstream Macroeconomics?, (Metropolis-Verlag, Marburg, 2009)

“Path Dependence and Demand-Supply Interactions in Macroeconomic Analysis” (with M.C. Sawyer), in P. Arestis and M.C. Sawyer (eds.), Path Dependency and Macroeconomics, (Palgrave Macmillan, 2009)

“The New Consensus in Macroeconomics: A Critical Appraisal”, in G. Fontana and M. Setterfield (eds.), Macroeconomic Theory and Macroeconomic Pedagogy, (Palgrave Macmillan, Hardback 2009; Paperback 2010)

 “Introduction: Housing Market Challenges in Europe and the United States” (with P. Mooslechner and K. Wagner), in P. Arestis, P. Mooslechner and K. Wagner (eds.), Housing Market Challenges in Europe and the United States, (Palgrave Macmillan, 2010)

“Subprime Mortgage Market and Current Financial Crisis” (with E. Karakitsos), in P. Arestis, P. Mooslechner and K. Wagner (eds.), Housing Market Challenges in Europe and the United States, (Palgrave Macmillan, 2010)

“21st Century Keynesian Economic Policies” (with M.C. Sawyer), in P. Arestis and M. Sawyer (eds), 21st Century Keynesianism, (with M.C. Sawyer), (Palgrave Macmillan, 2010)

“Economic Policies After the New Consensus Macroeconomics”, in S. Dullien, E. Hein, A. Truger and T. van Treeck (eds.), The World Economy in Crisis – The Return of Keynesianism?, (Metropolis-Verlag, Marburg, 2010)

“An Anatomy of the Great Recession and Regulatory Responses” (with E. Karakitsos), in the Proceedings of the 11th International Conference of the Economic Society of Thessaloniki, Greece, entitled, Global Crisis & Economic Policy,  (Economic Society of Thessaloniki, 2011)

“European Integration and the ‘Euro Project” (with M.C. Sawyer), in J. Michie (ed.), The Handbook of Globalisation, Second Edition, (Edward Elgar Publishing Limited, 2011)

“The Lessons from the Current Crisis for Macro-Theory and Policy” (with E. Karakitsos), in P. Arestis, R. Sobreira and J. L. Oreiro (eds.), The Financial Crisis: Origins and Implications, (Palgrave Macmillan, 2011)

“Current Crisis in the US and Economic Policy Implications” (with E. Karakitsos), in P. Arestis, R. Sobreira and J. L. Oreiro (eds.), An Assessment of the Global Impact of the Financial Crisis, (Palgrave Macmillan, 2011)

“Keynesian Economics and the New Consensus in Macroeconomics”, in E. Hein and E. Stockhammer (eds.), A Modern Guide to Keynesian Macroeconomics and Economic Policies, (Edward Elgar Publishing Limited, 2011)

“European Economic and Monetary Union Policies from a Keynesian Perspective”, in E. Hein and E. Stockhammer (eds.), A Modern Guide to Keynesian Macroeconomics and Economic Policies, (Edward Elgar Publishing Limited, 2011)

“Economic Theory and Policies: New Directions after Neoliberalism” (with M.C. Sawyer), in P. Arestis and M. Sawyer (eds), New Economics as Mainstream Economics, (Palgrave Macmillan, 2011)

“Malcolm Sawyer: An Appreciation”, in P. Arestis (ed.), Microeconomics, Macroeconomics and Economic Policy: Essays in Honour of Malcolm Sawyer, (Palgrave Macmillan, 2011)

“A Critical Appraisal of the New Consensus Macroeconomics”, in P. Arestis (ed.), Microeconomics, Macroeconomics and Economic Policy: Essays in Honour of Malcolm Sawyer, (Palgrave Macmillan, 2011)

“An Analysis of the Causes of the ‘Great Recession’ and Some Policy Implications” (with E. Karakitsos), in T. Niechoj, Ö. Onaran, E. Stockhammer, A. Truger and T. van Treeck (eds.), Stabilising an Unequal Economy? Public Debt, Financial Regulation, and Income Distribution, (Metropolis-Verlag, Marburg, 2011)

“Economic Policy Implications of the 'Great Recession' (with E. Karakitsos), in  H. Herr, T. Niechoj, C. Thomasberger, A. Truger, and T. van Treeck (eds), From Crisis to Growth? The Challenge of Imbalances and Debt, (Metropolis-Verlag, Marburg, 2012)

“Introduction to the Special Issue: Economic Policies of the New Thinking in Economics” (with M. Sawyer), Special Issue on “Economic Policies of the New Thinking in Economics”, International Review of Applied Economics, (Vol.26, Number 2, March, 2012)

“The Effectiveness of Fiscal Policy in the Stock/Flow Levy Institute’s Model” (with M. Sawyer), in D.B. Papadimitriou and G. Zezza (eds.), Contributions in Stock-Flow Modelling: Essays in Honour of Wynne Godley, (Palgrave Macmillan, 2012)

“A Historical, Theoretical and Empirical Perspective on Inflation Targeting”, in H.M. Krämer, H,D. Kurz and H-M. Trautwein (eds.), Macroeconomics and the History of Economic Thought, (Taylor and Francis, 2012)

“Can the Euro Survive after the European Crisis?” (with M.C. Sawyer), in P. Arestis and M. Sawyer (eds), The Euro Crisis, (Palgrave Macmillan, 2012)

"The Greek Tragedy and the Euro Area Crisis", in F. Ferrari Filho and L.F de Paula (eds.), The International Financial Crisis: Origins, Impacts and Perspectives (in Portuguese) (Universidade Estadual de São Paulo,Unesp, Universidade Federal do Rio Grande do Sul, UFRGS, and Associação Keynesiana Brasileira, AKB, 2012)

“The Greek Tragedy in the Context of the Euro Crisis”, published in Brazil under the title “A Tragedia Grega No Contexto da Crise do Euro”, in A.M. Modenesi, D.M. Prates, J.L. Oreiro, L.F. de Paula and M.F. da Cunha Reserde (eds.), Sistema Financeiro e Política Econômica em Uma Era de Instabilidade, (Elsevier/Associacao Keynesiana Brasileira, Rio de Janeiro, 2012)

"The Conditions for Sustainable USA Recovery: The Role of Investment" (with E. Karakitsos), in N. Karagiannis, Z. Madjd-Sadjadi, and S. Sen, S. (eds.), The US Economy and Neoliberalism: Alternative Strategies and Policies, (Routledge, 2013)

"Business Investment, Growth and Crisis" (with A.R. González and and Ó. Dejuán), in Ó. Dejuán, E. Febrero, J. and Uxó (eds.), Post-Keynesian Views of the Crisis and its Remedies, (Routledge, 2013)

Economic Policies of the New Consensus Macroeconomics: A Critical Appraisal”, in G.C. Harcourt and J. Pixley (eds.), Financial Crises and the Nature of Capitalist Money: Mutual Developments from the Work of Geoffrey Ingham, (Palgrave Macmillan, 2013)

“The Dysfunctional Nature of the Economic and Monetary Union” (with G. Fontana and M. Sawyer), in D. Schiek (ed.), The EU Economic and SocialModel in the Global Crisis: Interdisciplinary Perspectives, (Ashgate, 2013)

“Introduction” (with M. Sawyer), in P. Arestis and M. Sawyer (eds.), Economic Policies of the New Thinking in Economics, (Routledge Taylor and Francis Group, 2013)

“The ‘New Economics’ and Policies for Financial Stability” (with M. Sawyer), in P. Arestis and M. Sawyer (eds.), Economic Policies of the New Thinking in Economics, (Routledge Taylor and Francis Group, 2013)

“A Modern Kaleckian-Keynesian Framework for Economic Theory and Policy” (with M. Sawyer), in G.C. Harcourt and P. Kriesler (eds.), The Oxford Hadbook of Posy-Keynesian Economics, Volume 2: Critiques and Methodology, (Oxford University Press, 2013)

"Uma Avaliação Crítica das Políticas Econômicas do Novo Consenso Macroeconômico", in A. Modenesi, D. Prates, J.L. Oreiro and M.F. Resende (eds.), Dossiê da Crise IV: A Economia Brasileira na Encruzilhada, (Associação Keynesiana: Porto Alegre, Brazil, 2013)

“The Potential of Financial Transactions Taxes” (with M.C. Sawyer), in P. Arestis and M. Sawyer (eds), Economic Policies, Governance and the New Economics, (Palgrave Macmillan, 2013)

“On the Sustainability of Budget Deficits and Public Debts with Reference to the UK” (with M.C. Sawyer), in P. Arestis and M. Sawyer (eds), Fiscal and Debt Policies for the Future, (Palgrave Macmillan, 2014)

“The Eurozone Needs a Complete Make-Over of its Fiscal Policies” (with M.C. Sawyer), in A. Bitzenis, N. Karagiannis and J. Marangos (eds.), Europe in Crisis, (Palgrave-Macmillan, 2014)

Labour Market Institutions and the Future of the Euro” (with M.C. Sawyer), in S. Dullien, E. Hein and A. Truger (eds.), Macroeconomics, Developments and Economic Policies: Essays in Honour of Jan Priewe, (Metropolis-Verlag: Marburg, Germany, 2014)

“Causes of the ‘Great Recession’ and Economic Policy Implications” (with E. Karakitsos), In P. Tridico and S. Fadda (eds.), The Economic Crisis in Social and Institutional Context: Theories, Policies and Exit Strategies, (Routledge: Taylor and Francis Group, 2015)