A. Main Areas of Research with Selected Publications

1. Post-Keynesian Macroeconomics

• A Modern Guide to Keynesian Macroeconomics and Economic Policies, Cheltenham: Edward Elgar, 2011 (editor with E. Stockhammer). (More)
  
  
• Macroeconomic policy mix, employment and inflation in a Post-Keynesian alternative to the New Consensus model, Review of Political Economy, 2010, 22: 317-354 (with E. Stockhammer).
  
  
• Money, Distribution Conflict and Capital Accumulation. Contributions to ‘Monetary Analysis’, Basingstoke: Palgrave Macmillan, 2008. (More)

2. Distribution and Growth: Theory and Empirical Results

• Distribution, aggregate demand and productivity growth – theory and empirical results for six OECD countries based on a Post-Kaleckian model, Cambridge Journal of Economics, 2010, 34: 727-754 (with A. Tarassow).
  
  
• Distribution and growth reconsidered – empirical results for six OECD countries, Cambridge Journal of Economics, 2008, 32: 479-511 (with L. Vogel).
  
  
• Verteilung und Wachstum. Eine paradigmenorientierte Einführung unter besonderer Berücksichtigung der post-keynesianischen Theorie, Marburg: Metropolis, 2004. (More)

3. European Economic Policies and Macroeconomic Policy Regimes

• How to fight (or not to fight) a slowdown, Challenge. The Magazine of Economic Affairs, 2009, 52 (2): 52-75 (with A. Truger).
  
  
• Ende der Stagnation? Wirtschaftspolitische Perspektiven für mehr Wachstum und Beschäftigung in Europa, Wien: NexisLexis, 2007 (Hg. mit G. Chaloupek und A. Truger). (More)
  
  
• European Monetary Union: nominal convergence, real divergence and slow growth?, Structural Change and Economic Dynamics, 2005, Vol. 16: 7-33 (with A. Truger).

4. Financial System and the Macroeconomy

• The Macroeconomics of Finance-dominated Capitalism - and its Crisis, Cheltenham: Edward Elgar, forthcoming. (More)
  
  
• Shareholder value orientation, distribution and growth – short- and medium-run effects in a Kaleckian model, Metroeconomica, 2010, 61: 302-332.
  
  
• ‘Financialisation’ in Post-Keynesian models of distribution and growth – a systematic review, in: Setterfield, M. (ed.), Handbook of Alternative Theories of Economic Growth, Cheltenham: Edward Elgar, 2010, 277-292 (with T. van Treeck).

B. Current Research Projects

1. Distribution and the Financial and Economic Crises

• Finance-dominated capitalism, re-distribution and the financial and economic crises - a European perspective, Munich Personal RePEc Archive, MPRA Paper 35903, 2012. (Download)
  
  
• Finance-dominated capitalism, re-distribution, household debt and financial fragility in a Kaleckian distribution and growth model, PSL Quarterly Review, 2012, 65 (260): 11-51. (Download)
  
  
• Distribution, 'financialisation' and the financial and economic crisis - implications for a post-crisis economic policies, Berlin School of Economics and Law, Institute for International Political Economy (IPE), Working Paper 9/2011, and Munich Personal RePEc Archive, MPRA Paper 31180, 2011. (Download)
  
  
• Redistribution, global imbalances and the financial and economic crisis – the case for a Keynesian New Deal, International Journal of Labour Research, 2011, 3(1): 51-73. (Download)
  
  
• Financialisation, re-distribution, and the financial and economic crisis – a Kaleckian perspective, in: Niechoj, T., Onaran, Ö., Stockhammer, E., Truger, A., van Treeck, T. (eds): Stabilising an Unequal Economy? Public Debt, Financial Regulation, and Income Distribution, Marburg: Metropolis, 2011, 35-62.
  
  
• The European financial and economic crisis: Alternative solutions from a (Post-)Keynesian perspective, IMK Working Paper, 9/2011, Düsseldorf: Macroeconomic Policy Institute (IMK), Hans Boeckler Foundation (with A. Truger and T. van Treeck). (Download)
  
  
• Finance-dominated capitalism in crisis – the case for a Keynesian New Deal at the European and the global level, in: Arestis, P., Sawyer, M. (eds), New Economics as Mainstream Economics, International Papers in Political Economy, Basingstoke: Palgrave Macmillan, 2011, 190-230 (with A. Truger)

2. Financialisation, Economy, Society and Sustainable Development (FESSUD)

3. Distribution and Growth - Post-Keynesian Approaches