OOIR: Observatory of International Research

Papers

(The median citation count of Review of Keynesian Economics is 0. The table below lists those papers that are above that threshold based on CrossRef citation counts [max. 250 papers]. The publications cover those that have been published in the past four years, i.e., from 2021-08-01 to 2025-08-01.)

Article	Citations
Book review: Hagen M. Krämer, Christian R. Proaño and Mark Setterfield, Capitalism, Inclusive Growth, and Social Protection: Inherent Contradiction or Achievable Vision? (Edward Elgar Publishing, Chel	92
Introduction: the challenge of political economy of war and peace (especially in a time of war)	39
Book review: Imad Moosa, Fintech: A Revolution or a Transitory Hype? (Edward Elgar Publishing, Cheltenham, UK and Northampton, MA, USA 2022, hardcover, ISBN 978-1-80220-633-3, US$117) 227 pp.	32
Book review: Eckhard Hein, Macroeconomics After Kalecki and Keynes: Post-Keynesian Foundations (Edward Elgar Publishing, Cheltenham, UK and Northampton, MA, USA 2023) 282 pp.	13
	12
Drivers of private consumption in the era of financialisation: new evidence for European Union countries	11
Rethinking the balance-of-payments-constrained approach, in the light of the recent commodity boom	10
Effectiveness of capital controls in dampening international shocks	10
Theorising non-bank financial intermediation	7
	7
Varieties of peripheral capitalism: on the institutional foundations of economic backwardness*	6
Rethinking Varieties of Capitalism and growth theory in the ICT era*	6
Export specialization and the switching of global value chains	6
China: capital flight or renminbi internationalization?	5
Rethinking supply constraints	5
Hysteresis and the long shadow of the exchange rate regime	5
Long-run effective demand and residential investment: a Sraffian supermultiplier based analysis*	4
Book review: Charles J. Whalen, Reforming Capitalism for the Common Good: Essays in Institutional and Post-Keynesian Economics (Edward Elgar Publishing, Cheltenham, UK and Northampton, MA, USA 2022, I	4
Labour markets in a Post-Keynesian growth model: the effects of endogenous productivity growth and working-time reduction*	4
Financialization, premature deindustrialization, and instability in Latin America*	4
Book review: Domenica Tropeano, Financial Regulation in the European Union after the Crisis. A Minskian Approach (Routledge, New York, NY, USA 2018) 173 pp.	4
Navigating geoeconomics in a new era of US–China relationship	3
Book review: Yanis Varoufakis, Another Now: Dispatches from an Alternative Present (The Bodley Head, London, UK 2020) 240 pp.	3
Between Scylla and Charybdis: long-term drivers of EU structural vulnerability*	3
Book review: Thomas Palley, Neoliberalism and the Road to Inequality and Stagnation: A Chronicle Foretold (Edward Elgar Publishing, Cheltenham, UK and Northampton, USA 2021, ISBN: 978180220 0072) 320	2

Introduction	2
Book review: Geoff Mann, In the Long Run, We are All Dead: Keynesianism, Political Economy, and Revolution (Verso Books, London, UK 2017) 432 pp.	2
Book review: Perry Mehrling, Money and Empire: Charles P. Kindleberger and the Dollar System (Cambridge University Press, Cambridge, UK 2022) 298 pp.	2
Why the conventional test of Thirlwall’s law is still not a ‘near-tautology’: a rejoinder to Professor Blecker	2
Understanding backwardness as a structural problem: historical time in the analysis of the Russian Narodniks and Lenin, Gerschenkron, and Furtado	2
Aggregate demand can reduce monopsonistic exploitation	2
Book review: Alex M. Thomas, Macroeconomics: An Introduction (Cambridge University Press, Cambridge, UK 2021) 254 pp.	2
Book review: Lucio Baccaro, Mark Blyth and Jonas Pontusson (eds), Diminishing Returns: The New Politics of Growth and Stagnation (Oxford University Press, Oxford, UK 2022) 541 pp.	2
The Argentine economy through the lens of an adapted Mundell–Fleming model for small open peripheral economies	2
Are jobless recoveries history? Okun’s law, insufficient stimulus, and slow recoveries	2
Book review: Margarita Fajardo, The World That Latin America Created: The United Nations Economic Commission for Latin America in the Development Era (Harvard Historical Studies, Cambridge, MA, USA 20	1
Book review: Marc Lavoie, Post-Keynesian Monetary Theory: Selected Essays (Edward Elgar Publishing, Cheltenham, UK and Northampton, MA, USA 2020, ISBN 978-1-83910-008-6) 416 pp.	1
Book review: Mark G. Hayes, The Economics of Keynes: A New Guide to The General Theory (Edward Elgar Publishing, Cheltenham, UK and Northampton, MA, USA 2006, ISBN 978-1-84844-056-2) 288 pp.	1
Book review: Louis-Phillipe Rochon and Sergio Rossi (eds), Elgar Encyclopedia of Post-Keynesian Economics (Edward Elgar Publishing, Cheltenham, UK and Northampton, MA, USA 2023, hardcover, ISBN 978-1-	1
Inflation dynamics: forward or backward looking?	1
Price and prejudice: reflections on the return of inflation and ideology,*	1
Growth trajectories and political economy in a Structuralist open economy model	1
Why do we think that inflation expectations matter for inflation? (And should we?)	1
Book review: Zachary D. Carter, The Price of Peace: Money, Democracy, and the Life of John Maynard Keynes (Random House, New York, NY, USA 2020) 656 pp.	1
The effect of fiscal austerity on citizens’ trust in the European Union	1
Testing the global extent of the endogenous-money hypothesis: a panel vector autoregression approach*	1
Globalization of capital, erosion of economic policy sovereignty, and the lessons from John Maynard Keynes	1
‘King dollar’ forever? Prospects for a New Bretton Woods	1
The gift of sanctions: an analysis of assessments of the Russian economy, 2022–2023	1
The relation between Keynesian monetary theory and demand-led growth: a Sraffian exploration	1
Book review: Ashwani Saith, Cambridge Economics in the Post-Keynesian Era: The Eclipse of Heterodox Traditions (Palgrave Studies in the History of Economic Thought, Palgrave Macmillan, Cham, Switzerla	1
The limits to redistribution in small open economies: the case of Argentina	1
On empirical tests of Thirlwall’s law: a reply to Professor McCombie’s rejoinder	0
The US National Security State and Big Tech: frenemy relations and innovation planning in turbulent times*	0
A Pasinettian Structuralist analysis of the European Union’s core and peripheries*	0
Demand-led growth under political constraints: a long-run model of conflict inflation	0
Book review: James Crotty, Keynes Against Capitalism: His Economic Case for Liberal Socialism (Routledge, London, UK 2019) ISBN: 978-1138612846, 397 pp.	0
Much deeper and simpler: Pasinetti’s reassessment of Prebisch’s centre–periphery approach	0
Book review: Aleksandr V. Gevorkyan (ed.), Foreign Exchange Constraint and Developing Economies (Edward Elgar Publishing, Cheltenham, UK and Northampton, MA, USA 2023, ISBN 978-1-80088-049-8) 278 pp.	0
The impact of securities financing arrangements on the allocation of capital	0
Financial subordination of peripheral emerging economies: a Keynesian–Structuralist approach	0
The first inflation problem of the twenty-first century	0
What lies behind export-led growth? An inquiry into the role of price and non-price competitiveness	0
Old and new proposals for global monetary reform	0
Book review: Dong Wang and Dejun Cao, Re-Globalisation: When China Meets the World Again (Routledge, London, UK 2020, ISBN 978-1-0031-2693-5) 168 pp.	0
Book review: Peter Skott, Structuralist and Behavioral Macroeconomics (Cambridge University Press, Cambridge, UK 2023) 384 pp.	0
Critical notes on some recent Neo-Kaleckian contributions on capacity utilization	0
The military–industrial complex as a variety of capitalism and threat to democracy: rethinking the political economy of guns versus butter	0
Autonomous demand and economic growth in Mexico (1993–2019): theory and empirics in a small, open and peripheral economy	0
Inflation phobia, myths and dogma exacerbate policy responses*	0
Political economy of peace and war	0
Book review: Martin Wolf, The Crisis of Democratic Capitalism (Penguin Books/Allen Lane, London, UK 2023) 474 pp.	0
The direct and indirect effects of an asymmetric sectoral shock: a dynamic input–output approach	0
Interest rate and endogenous money under capital mobility and fixed exchange rate: alternative closures and implications	0
Will hysteresis effects afflict the US economy during the post-COVID-19 recovery?	0

Neoliberalism, Keynesian economics, and responding to today’s inflation*	0
Theorizing dollar hegemony: the political economic foundations of exorbitant privilege	0
Joan Robinson’s Phillips curve	0
Rent-seeking and asset-price inflation: a total-returns profile of economic polarization in America*	0
The peso problem and dollar hegemony under inflation targeting	0
Understanding the consequences of IMF surcharges: the need for reform	0
Credit-financed household consumption and the debt service ratio: tackling endogenous autonomous demand in the supermultiplier model	0
Liquidity, solvency and regulation in the Classical–Keynesian theory of crises*	0
Secular stagnation: a Classical–Marxian view	0
Book review: John Komlos, Foundations of Real-World Economics: What Every Student Needs to Know, Third Edition (Routledge, New York, NY, USA 2023, softcover, ISBN 9781032001722, US$54.95; hardcover, U	0
The Godley–Tobin Memorial Lecture	0
Trade between advanced and underdeveloped countries: a Pasinetti model – Mexico–US 2013–2018	0
The quasi-inflation of 2021–2022: a case of bad analysis and worse response	0
Robert Solow, eclectic American Keynesianism, and the Review of Keynesian Economics	0
Reimagining the global economic order*	0
Theorizing Varieties of Capitalism: economics and the fallacy that ‘there is no alternative (TINA)’	0
Book review: Andres F. Cantillo, The Financial Foundations of Production and Uncertainty (Routledge, New York, NY, USA 2024) 150 pp.	0
Learning from distant cousins? Post-Keynesian Economics, Comparative Political Economy, and the Growth Models approach	0
Beyond the age of hegemony	0
Notes on the political economy of war	0
Global convergence in labour productivity: new evidence from a Multi-Regional Input–Output analysis*	0
Hysteresis and path dependence in economic analysis: formalizations, causes and implications	0
Towards a general, modern theory of animal spirits	0
The effect of public social expenditure on imports	0
Considerations on inflation, economic growth, and the 2 per cent inflation target	0
The international currency system revisited	0
Pasinetti, debt sustainability and structural change in an era of global finance: an emerging and developing countries’ perspective	0
Alternative uses of functional finance: Lerner, MMT, and the Sraffian supermultiplier	0
Introduction to symposium: honoring Luigi Pasinetti (1930–2023)	0
Full access Book review: Robert Skidelsky, Money and Government: The Past and Future of Economics (Yale University Press, New Haven, CT, USA 2017, ISBN 978-0-24135-282-3) 492 pp.	0
Book review: Jonathan Levy, Ages of American Capitalism: A History of The United States (Random House, New York, NY, USA 2021) ISBN 978-0812995015, 944 pp.	0
The incidence of tax rates on workers’ debt stability and demand regimes	0
Monetary Keynesianism before Keynes? The January 1932 Harvard memorandum on anti-depression policies	0
Sellers’ inflation, profits and conflict: why can large firms hike prices in an emergency?	0
A sectoral perspective on the persistence of economic sentiment: mere transitory effect or a long memory process?	0
Broadening the application of hysteresis in economics: institutions, policy lock-in, psychology, identity, and ideas	0
Central Bank Digital Currencies: a proper reaction to private digital money?	0
Centralization of capital and economic conditions for peace	0
Keynes vs Kalecki: risk and uncertainty in their theories of the rate of interest	0
The politics of growth models	0
Full access Book review: Charles Camic, Veblen: The Making of an Economist Who Unmade Economics (Harvard University Press, Cambridge, MA, USA 2020) 492 pp.	0
Varieties and interdependencies of demand and growth regimes in finance-dominated capitalism: a Post-Keynesian two-country stock–flow consistent simulation approach	0
Dominant currency shocks and foreign exchange pressure in the periphery	0
The Godley-Tobin Memorial Lecture	0
In search of varieties of capitalism: hardy perennial or troublesome weed?	0
Recession and deflation?	0
Exploring counter-cyclical monetary policy in a small open economy using the portfolio balance approach	0
The different roles of liquidity and capital in preventing financial crises: insights from a Post-Keynesian model	0
Asset market closure and the neo-Pasinetti theorem – a comment	0
Book review: James M. Boughton, Harry White and the American Creed: How a Federal Bureaucrat Created the Modern Global Economy (and Failed to Get the Credit) (Yale University Press, New Haven, CT, USA	0
Assessing the political aspects of full employment: evidence from work stoppages	0
Will the Chinese renminbi replace the US dollar?	0
What lies behind export-led growth? An inquiry into the role of price and non-price competitiveness	0
Financialization revisited: the economics and political economy of the vampire squid economy	0
Testing the global extent of the endogenous-money hypothesis: a panel vector autoregression approach – Online appendix	0
Optimal inflation targeting with anchoring	0
Paul Davidson (1930–2024) and the founding of Post Keynesian economics	0
Mind the wage gap: an empirical analysis of the impact of labour income inequality on economic growth*	0
Hysteresis and the New Consensus three-equation model: a Post-Keynesian amendment	0
Asset market closure and the neo-Pasinetti theorem	0
Pure Harrodian dynamics: heterogeneous expectations and the loss of three established propositions	0
Revisiting the hysteresis hypothesis: an ARIMAX approach	0
The impact of securities financing arrangements on the allocation of capital	0
On Dutch disease and its neutralization: a classical perspective	0
Was the ECB’s policy conventional or unconventional after the 2008 Great Financial Crisis?	0
The Godley–Tobin Memorial Lecture	0