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 2021-04-01 to 2025-04-01.)

Article	Citations
Introduction: the challenge of political economy of war and peace (especially in a time of war)	74
Why the conventional test of Thirlwall’s law is still not a ‘near-tautology’: a rejoinder to Professor Blecker	35
Autonomous demand and economic growth in Mexico (1993–2019): theory and empirics in a small, open and peripheral economy	24
The quasi-inflation of 2021–2022: a case of bad analysis and worse response	12
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.	11
Financial subordination of peripheral emerging economies: a Keynesian–Structuralist approach	10
The Argentine economy through the lens of an adapted Mundell–Fleming model for small open peripheral economies	8
Robert Solow, eclectic American Keynesianism, and the Review of Keynesian Economics	8
Sellers’ inflation, profits and conflict: why can large firms hike prices in an emergency?	7
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	5
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-	5
Will hysteresis effects afflict the US economy during the post-COVID-19 recovery?	5
Will the Chinese renminbi replace the US dollar?	5
Full access Book review: Charles Camic, Veblen: The Making of an Economist Who Unmade Economics (Harvard University Press, Cambridge, MA, USA 2020) 492 pp.	4
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.	4
The relation between Keynesian monetary theory and demand-led growth: a Sraffian exploration	4
Globalization of capital, erosion of economic policy sovereignty, and the lessons from John Maynard Keynes	4
Book review: Yanis Varoufakis, Another Now: Dispatches from an Alternative Present (The Bodley Head, London, UK 2020) 240 pp.	4
Dominant currency shocks and foreign exchange pressure in the periphery	3
Expectations and exchange rates in a Keynes–Harvey model: an analysis of the Brazilian case from 2002 to 2017	3
The effect of public social expenditure on imports	3
Book review: Ajit Sinha, A Revolution in Economic Theory: The Economics of Piero Sraffa (Palgrave Macmillan, Basingstoke, UK, New York, NY, USA and Melbourne, Australia 2016) 264 pp.	3
The effect of fiscal austerity on citizens’ trust in the European Union	3
A macroeconomic critique of integrated assessment environmental models: the case of Brazil	3
Inflation phobia, myths and dogma exacerbate policy responses*	3

Wage- and profit-led growth regimes: a panel-data approach*	2
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.	2
Paul Davidson (1930–2024) and the founding of Post Keynesian economics	2
Revisiting the hysteresis hypothesis: an ARIMAX approach	2
Neoliberalism, Keynesian economics, and responding to today’s inflation*	2
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	2
External balance sheets of emerging economies: low-yielding assets, high-yielding liabilities	2
The limits to redistribution in small open economies: the case of Argentina	2
Are jobless recoveries history? Okun’s law, insufficient stimulus, and slow recoveries	2
Old and new proposals for global monetary reform	1
Theorizing Varieties of Capitalism: economics and the fallacy that ‘there is no alternative (TINA)’	1
Book review: Eckhard Hein, Macroeconomics After Kalecki and Keynes: Post-Keynesian Foundations (Edward Elgar Publishing, Cheltenham, UK and Northampton, MA, USA 2023) 282 pp.	1
Beyond the age of hegemony	1
Inflation dynamics: forward or backward looking?	1
Book review: Perry Mehrling, Money and Empire: Charles P. Kindleberger and the Dollar System (Cambridge University Press, Cambridge, UK 2022) 298 pp.	1
The different roles of liquidity and capital in preventing financial crises: insights from a Post-Keynesian model	1
Testing the global extent of the endogenous-money hypothesis: a panel vector autoregression approach*	1
Book review: Geoff Mann, In the Long Run, We are All Dead: Keynesianism, Political Economy, and Revolution (Verso Books, London, UK 2017) 432 pp.	1
What lies behind export-led growth? An inquiry into the role of price and non-price competitiveness	1
Book review: Martin Wolf, The Crisis of Democratic Capitalism (Penguin Books/Allen Lane, London, UK 2023) 474 pp.	1
Critical notes on some recent Neo-Kaleckian contributions on capacity utilization	1
Testing the global extent of the endogenous-money hypothesis: a panel vector autoregression approach – Online appendix	1
Hysteresis and path dependence in economic analysis: formalizations, causes and implications	1
Exploring counter-cyclical monetary policy in a small open economy using the portfolio balance approach	1
Hysteresis and the long shadow of the exchange rate regime	0
Effectiveness of capital controls in dampening international shocks	0
Between Scylla and Charybdis: long-term drivers of EU structural vulnerability*	0
Drivers of private consumption in the era of financialisation: new evidence for European Union countries	0
Recession and deflation?	0
Book review: James Crotty, Keynes Against Capitalism: His Economic Case for Liberal Socialism (Routledge, London, UK 2019) ISBN: 978-1138612846, 397 pp.	0
Theorizing dollar hegemony: the political economic foundations of exorbitant privilege	0
Distribution, wealth and demand regimes in historical perspective: the USA, the UK, France and Germany, 1855–2010	0
Introduction	0
Optimal inflation targeting with anchoring	0
Liquidity, solvency and regulation in the Classical–Keynesian theory of crises*	0
Labour markets in a Post-Keynesian growth model: the effects of endogenous productivity growth and working-time reduction*	0
Learning from distant cousins? Post-Keynesian Economics, Comparative Political Economy, and the Growth Models approach	0
Book review: Adem Yavuz Elveren, The Economics of Military Spending: A Marxist Perspective (Routledge, London, UK and New York, NY, USA 2019) 224 pp.	0
Long-run effective demand and residential investment: a Sraffian supermultiplier based analysis*	0
Reimagining the global economic order*	0
Book review: Alex M. Thomas, Macroeconomics: An Introduction (Cambridge University Press, Cambridge, UK 2021) 254 pp.	0
Asset market closure and the neo-Pasinetti theorem	0
The US National Security State and Big Tech: frenemy relations and innovation planning in turbulent times*	0
The incidence of tax rates on workers’ debt stability and demand regimes	0
‘King dollar’ forever? Prospects for a New Bretton Woods	0
Financialization, premature deindustrialization, and instability in Latin America*	0
	0
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	0
Central Bank Digital Currencies: a proper reaction to private digital money?	0
	0

The macroeconomics of COVID-19: a two-sector interpretation*	0
The peso problem and dollar hegemony under inflation targeting	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: Domenica Tropeano, Financial Regulation in the European Union after the Crisis. A Minskian Approach (Routledge, New York, NY, USA 2018) 173 pp.	0
Mind the wage gap: an empirical analysis of the impact of labour income inequality on economic growth*	0
Notes on the political economy of war	0
Book review: Naomi Lamoreaux and Ian Shapiro (eds), The Bretton Woods Agreements: Together with Scholarly Commentaries and Essential Historical Documents (Yale University Press, New Haven, CT, USA 201	0
Financialization revisited: the economics and political economy of the vampire squid economy	0
	0
Omitted-variable bias in demand-regime estimations: the role of household credit and wage inequality in Brazil	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
Why do we think that inflation expectations matter for inflation? (And should we?)	0
Questioning the effect of the real exchange rate on growth: new evidence from Mexico	0
Rethinking the balance-of-payments-constrained approach, in the light of the recent commodity boom	0
Book review: Peter Skott, Structuralist and Behavioral Macroeconomics (Cambridge University Press, Cambridge, UK 2023) 384 pp.	0
Theorising non-bank financial intermediation	0
Secular stagnation: a Classical–Marxian view	0
Human capital accumulation, income distribution, and economic growth: a demand-led analytical framework	0
The international currency system revisited	0
Keynes vs Kalecki: risk and uncertainty in their theories of the rate of interest	0
In search of varieties of capitalism: hardy perennial or troublesome weed?	0
Navigating geoeconomics in a new era of US–China relationship	0
Rent-seeking and asset-price inflation: a total-returns profile of economic polarization in America*	0
The Godley-Tobin Memorial Lecture	0
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.	0
Varieties of peripheral capitalism: on the institutional foundations of economic backwardness*	0
The first inflation problem of the twenty-first century	0
Growth trajectories and political economy in a Structuralist open economy model	0
Interest rate and endogenous money under capital mobility and fixed exchange rate: alternative closures and implications	0
The Godley–Tobin Memorial Lecture	0
The Godley–Tobin Memorial Lecture	0
On empirical tests of Thirlwall’s law: a reply to Professor McCombie’s rejoinder	0
Broadening the application of hysteresis in economics: institutions, policy lock-in, psychology, identity, and ideas	0
Asset market closure and the neo-Pasinetti theorem – a comment	0
The impact of securities financing arrangements on the allocation of capital	0
Monetary Keynesianism before Keynes? The January 1932 Harvard memorandum on anti-depression policies	0
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	0
A note on ‘Wage-led versus profit-led demand regimes: the long and the short of it’	0
Alternative uses of functional finance: Lerner, MMT, and the Sraffian supermultiplier	0
The military–industrial complex as a variety of capitalism and threat to democracy: rethinking the political economy of guns versus butter	0
Book review: Sergio Cesaratto, Heterodox Challenges in Economics: Theoretical Issues and the Crisis of the Eurozone (Springer, Cham, Switzerland 2020) 296 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
Hysteresis and the New Consensus three-equation model: a Post-Keynesian amendment	0
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.	0
Rethinking Varieties of Capitalism and growth theory in the ICT era*	0
Price and prejudice: reflections on the return of inflation and ideology,*	0
Demand-led growth under political constraints: a long-run model of conflict inflation	0
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.	0
Considerations on inflation, economic growth, and the 2 per cent inflation target	0
Household indebtedness, distribution, and bargaining power under distribution-induced technological change: a macroeconomic analysis	0
Political economy of peace and war	0
Joan Robinson’s Phillips curve	0
Understanding the consequences of IMF surcharges: the need for reform	0
Centralization of capital and economic conditions for peace	0
	0
Pure Harrodian dynamics: heterogeneous expectations and the loss of three established propositions	0
Sellers’ inflation, profits and conflict: why can large firms hike prices in an emergency?	0
China: capital flight or renminbi internationalization?	0
Towards a general, modern theory of animal spirits	0
The politics of growth models	0
Life among the Econ: 50 years on	0
Rethinking supply constraints	0
Distribution, wealth and demand regimes in historical perspective: the USA, the UK, France and Germany, 1855–2010 Online Appendices	0
Thirlwall's law is not a tautology, but some empirical tests of it nearly are	0
Credit-financed household consumption and the debt service ratio: tackling endogenous autonomous demand in the supermultiplier model	0
On Dutch disease and its neutralization: a classical perspective	0
A sectoral perspective on the persistence of economic sentiment: mere transitory effect or a long memory process?	0
The gift of sanctions: an analysis of assessments of the Russian economy, 2022–2023	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