Publications (peer-reviewed)
“Household Debt, Financialization, and Macroeconomic Performance in the U.S., 1951-2009,” Journal of Post Keynesian Economics 35(4), pages 675-694, Summer 2013 Preprint
“Consumer Debt and Corporate Debt: A neo-Kaleckian Synthesis” (with Alan G. Isaac),
Metroeconomica 64(2) pages 244–271, May 2013
“A Theory of Aggregate Consumption” (with Mark Setterfield and Yuan Mei), European Journal of Economics and Economic Policies: Intervention 11(1), pages 31-49, 2014
“Income Distribution, Consumer Debt, and Keeping-Up with the Joneses: a Kaldor-Minsky-Veblen Model” (with Soon Ryoo), Metroeconomica, 65(4), pages 585-618, 2014
“Aggregate Consumption and Debt Accumulation: An Empirical Examination of US Household Behavior” (with Mark Setterfield and Yuan Mei), Cambridge Journal of Economics, 39(1), pages 93-112, 2015
“Macroeconomic Implications of Household Debt: An Empirical Analysis,” Review of Keynesian Economics, 49(2), pages 127-150, 2016
“Inequality, Debt Servicing, and the Sustainability of Steady State Growth” (with Mark Setterfield and Jeremy Rees), Review of Political Economy, 28(1), pages 45-63, 2016
“Debt Servicing, Aggregate Consumption, and Growth” (with Mark Setterfield), Structural change and Economic Dynamics, 36, pages 22-33, 2016
“Household Borrowing and the Possibility of Consumption-Driven, Pro fit-Led Growth” (with Mark Setterfield), Review of Keynesian Economics, 5(1), pages 43-60, 2017.
“Political Aspects of Household Finance: Debt, Wage Bargaining, and Macroeconomic (In)Stability ” (with Mark Setterfield and Gilberto Tadeu Lima), Journal of Post Keynesian Economics, 42(1), pages 16-38, 2019 — EAEPE-Kapp Prize Winner (2019) of the European Association of Evolutionary Political Economy (EAEPE) for the best published paper on a theme broadly in accord with the EAEPE theoretical perspectives for the paper,
“Understanding the Rise of Household debt in the United States: Comparative Perspectives” Review of Radical Political Economics, 52(1), pages 26-49, 2020
“Varieties of capitalism, increasing income inequality, and the sustainability of long-run growth” (with Mark Setterfield), Cambridge Journal of Economics, 44(3), pages 559–582, 2020
“Household Indebtedness, Distribution, and Bargaining Power under Distribution-Induced Technological Change: A Macroeconomic Analysis” (with Eric-Kemp Benedict), Review of Keynesian Economics, 9(3), pages 297-318. 2021
“Systems Estimation of a Structural Model of Distribution and Demand in the US Economy” (with Robert Blecker and Michael Cauvel), Cambridge Journal of Economics, forthcoming.
Book chapters and Encyclopedia Articles “Paradox of Cost,” Encyclopedia of Post-Keynesian Economics, in L.P. Rochon and S. Rossi (eds), Cheltenham, Edward Elgar, forthcoming
“Paradox of Debt” Encyclopedia of Post-Keynesian Economics, in L.P. Rochon and S. Rossi (eds), Cheltenham, Edward Elgar, forthcoming
Book Reviews “Review of Flexicurity Capitalism: Foundations, Problems, and Perspectives by Peter Flaschel and Alfred Greiner,” European Journal of Economics and Economic Policies: Intervention, 10 (3), 2013