Monthly Archives: February 2012

Reading List 2−25−12

An occa­sional roundup of the new papers whose titles and abstracts catch my eye.   Infla­tion­ary and Dis­tri­b­u­tional Effects of Alter­na­tive Fis­cal Poli­cies: An Aug­mented Minskyan-​​​​Kaleckian Model Pavlina R. Tch­erneva This paper aug­ments the basic Post-​​​​Keynesian markup model to exam­ine the effects of dif­fer­ent fis­cal poli­cies on prices and income dis­tri­b­u­tion. This is an approach a

Reading List 2−23−12

An occa­sional roundup of the new papers whose titles and abstracts catch my eye.   Short-​​​​Run Dis­tri­b­u­tional Effects of Pub­lic Edu­ca­tion in Greece Chris­tos Kout­sam­pelas & Panos Tsak­loglou The present paper exam­ines the short-​​​​run dis­tri­b­u­tional impact of pub­lic edu­ca­tion in Greece using the micro-​​​​data of the 2004⁄5 House­hold Bud­get Sur­vey. The aggre­gate dis­tri­b­u­tional impact of pub­lic edu­ca­tion is

Debt Forgiveness in Iceland: Success

Bloomberg:   Ice­landers who pelted par­lia­ment with rocks in 2009 demand­ing their lead­ers and bankers answer for the country’s eco­nomic and finan­cial col­lapse are reap­ing the ben­e­fits of their anger. Since the end of 2008, the island’s banks have for­given loans equiv­a­lent to 13 per­cent of gross domes­tic prod­uct, eas­ing the debt bur­dens of more than