Prof. Dr. Eckhard Hein

Background

since 2017: Associated Member of the CEPN (Center of Economics of Paris North), University Paris XIII

since 2015: Co-Director of the Institute for International Political Economy (IPE), Berlin School of Economics and Law

since 2015: Director of the Master International Economics programme, Berlin School of Economics and Law

since 2013: Research Associate, Levy Economics Institute of Bard College, Annandale-on-Hudson, New York

since 2009: Professor of Economics, in particular European Economic Policies, Berlin School of Economics and Law

since 2005: Adj. Professor (Privatdozent) of Economics, Carl von Ossietzky University Oldenburg

2005 – 2009: Senior Researcher, Macroeconomic Policy Institute (IMK), Hans Böckler Foundation, Düsseldorf

2007 – 2008: Visiting Professor (Gastprofessor), Vienna University of Economics and Business Administration

2005 – 2008: Visiting Professor (Vertretungsprofessor), University of Hamburg

2005: Post-doctoral exam (Dr. rer. pol. habil), Carl von Ossietzky University Oldenburg

2001 – 2004: Senior Researcher, Institute for Economic and Social Research (WSI), Hans Böckler Foundation, Düsseldorf

2001 – 2004: Visiting Lecturer, Department of Economics and Law, Carl von Ossietzky University Oldenburg

1997 – 2001: Senior Lecturer (Wissenschaftlicher Assistent), Department of Economics and Law, Carl von Ossietzky University Oldenburg

1996: Doctorate (Dr. rer. pol.), Free University of Berlin

1992 – 1996: Junior Lecturer (Wissenschaftlicher Mitarbeiter), Department of Economics, Free University of Berlin

1991: Junior Lecturer (Wissenschaftlicher Mitarbeiter) at the Institute of Economics, University of Lüneburg

1990: Diploma (Diplom-Ökonom), University of Bremen

1985 – 1990: Studies of Economics, University of Bremen and New School for Social Research, New York

Coorperations

Co-Director of the Institute for International Political Economy (IPE), Berlin School of Economics and Law (More)

Member of the Consortium of the Erasmus Mundus Master Programme Economic Policies in the Age of Globalisation (EPoG) (More)

Associated Member of the CEPN (Centre d'Économie de l'Université Paris-Nord) (More) and Coordinator of the PhD-Cooperation between the Berlin School of Economics and Law and the University of Paris 13

Research Associate, Levy Economics Institute of Bard College, Annandale-on-Hudson, New York (More)

Member of the Coordinating Committee of the Forum for Macroeconomics and Macroeconomic Policies (FMM) (until 2017: Research Network Macroeconomics and Macroeconomic Policies) (More)

Co-editor of the Series of the Research Network Macroeconomics and Macroeconomic Policies (FMM), Metropolis Publisher, Marburg (More)

Managing Co-editor of European Journal of Economics and Economic Policies: Intervention (More)

Contact Professor of Hans Boeckler Foundation (More)

  • Dr. Alessandro Bramucci, Research Fellow in the Project "Model-theoretic Foundations of Controversies in Economic Policy"
  • Daniel Detzer, M.A. International Economics, PhD Student
  • Henriette Heinze, M.A. International Economics, PhD Student
  • Franz J. Prante, M.A. International Economics, PhD Student and Research Fellow in the Project "Model-theoretic Foundations of Controversies in Economic Policy"

Former PhD Students

Publications

The German Financial System and the Financial and Economic Crisis, Cham: Springer International, 2017 (with D. Detzer, N. Dodig, T. Evans, H. Herr and F.J. Prante). (More)

Monetäre Makroökonomie, Arbeitsmärkte und Entwicklung/Monetary Macroeconomics, Labour Markets and Development, Festschrift für/for Hansjörg Herr, Marburg: Metropolis 2016 (Hg./editor mit/with A. Truger, M. Heine, F. Hoffer). (More)

Financialisation and the Financial and Economic Crises: Country Studies, Cheltenham: Edward Elgar, 2016 (editor with D. Detzer and N. Dodig) (More)

The Demise of Finance-dominated Capitalism: Explaining the Financial and Economic Crises, Cheltenham: Edward Elgar, 2015 (editor with D. Detzer and N. Dodig). (More)

Distribution and Growth after Keynes: A Post-Keynesian Guide, Cheltenham: Edward Elgar, 2014. (More)     (Errata)

Makroökonomie, Entwicklung und Wirtschaftspolitik/Macroeconomics, Development and Economic Policies. Festschrift für/for Jan Priewe, Marbug: Metropolis 2014 (Hg./editor mit/with S. Dullien und/and A. Truger). (More)

The Macroeconomics of Finance-dominated Capitalism - and its Crisis, Cheltenham: Edward Elgar, 2012. (More)     (Errata)

A Kaleckian perspective on financialisation and distribution in three main Eurozone countries before and after the crisis: France, Germany and Spain, Review of Political Economy, 2018, 30 (1), 41-71 (with P. Dünhaupt, A. Alfageme and M. Kulesza).

Autonomous government expenditure growth, deficits, debt and distribution in a neo-Kaleckian growth model, Journal of Post Keynesian Economics, 2018, 41 (2), 216-238.

Financialisation and distribution from a Kaleckian perspective: the US, the UK and Sweden compared – before and after the crisis, International Journal of Political Economy, 2017, 46 (4), 233-266 (with P. Dünhaupt, M. Kulesza and A. Alfageme).

Opportunities and limits of rebalancing the Eurozone via wage policies: Theoretical considerations and empirical illustrations for the case of Germany, PSL Quarterly Review, 2017, 70 (283), 421-447 (with A. Truger).

Post-Keynesian macroeconomics since the mid-1990s – main developments, European Journal of Economics and Economic Policies: Intervention, 2017, 14 (2), 131-172.

The Bhaduri/Marglin post-Kaleckian model in the history of distribution and growth theories – an assessment by means of model closures, Review of Keynesian Economics, 2017, 5 (2), 218-238.

Secular stagnation or stagnation policy? A post-Steindlian view, European Journal of Economics and Economic Policies: Intervention, 2016, 13 (2), 160-171.

Secular stagnation or stagnation policy? Steindl after Summers, PSL Quarterly Review, 2016, 69 (276): 3-47.

Finance-dominated capitalism and income distribution: a Kaleckian perspective on the case of Germany, Italian Economic Journal, 2015, 1 (2): 171-191 (with D. Detzer).

Post-Keynesian alternative policies to curb macroeconomic imbalances in the Euro area, Panoeconomicus, 2015, 62 (2): 217-236 (with D. Detzer).

Finance-dominated capitalism and re-distribution of income – a Kaleckian perspective, Cambridge Journal of Economics, 2015, 39 (3): 907-934.

Fiscal policy and rebalancing in the Euro area: A critique of the German debt brake from a Post-Keynesian perspective, Panoeconomicus, 2014, 61 (1): 21-38 (with A. Truger).

The crisis of finance-dominated capitalism in the Euro area, deficiencies in the economic policy architecture and deflationary stagnation policies, Journal of Post Keynesian Economics, 2013/14, 36 (2): 325–354.

On the importance of the retention ratio in a Kaleckian distribution and growth model with debt accumulation – a comment on Sasaki and Fujita (2012), Metroeconomica, 2013, 64 (1): 186-196.

Finance-dominated capitalism in crisis – the case for a global Keynesian New Deal, Journal of Post Keynesian Economics, 2012/13, 35 (2): 183-210 (with A. Truger).

The rate of interest as a macroeconomic distribution parameter: Horizontalism and Post-Keynesian models of distribution and growth, Bulletin of Political Economy, 2012, 6 (2): 107-132.

'Financialisation', distribution, capital accumulation and productivity growth in a Post-Kaleckian model, Journal of Post Keynesian Economics, 2012, 34 (3): 475-496.

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.

Harrodian instability and the 'normal rate' of capacity utilisation in Kaleckian models of distribution and growth – a survey, Metroeconomica, 2012, 63 (1): 139-169 (with M. Lavoie and T. van Treeck).

Research

1. Post-Keynesian Macroeconomics

  • Post-Keynesian macroeconomics since the mid-1990s – main developments, European Journal of Economics and Economic Policies: Intervention, 2017, 14 (2), 131-172.
  • A Modern Guide to Keynesian Macroeconomics and Economic Policies, Cheltenham: Edward Elgar, 2011 (editor with E. Stockhammer). (More)
  • Money, Distribution Conflict and Capital Accumulation. Contributions to 'Monetary Analysis', Basingstoke: Palgrave Macmillan, 2008. (More)

2. Distribution and Growth: Theory and Empirical Results

  • The Bhaduri/Marglin post-Kaleckian model in the history of distribution and growth theories – an assessment by means of model closures, Review of Keynesian Economics, 2017, 5 (2), 218-238.
  • Distribution and Growth after Keynes: A Post-Keynesian Guide, Cheltenham: Edward Elgar, 2014. (More + Teaching Material)     (Errata)

3. European Economic Policies and Macroeconomic Policy Regimes

  • Opportunities and limits of rebalancing the Eurozone via wage policies: Theoretical considerations and empirical illustrations for the case of Germany, PSL Quarterly Review, 2017, 70 (283), 421-447 (with A. Truger).
  • Post-Keynesian alternative policies to curb macroeconomic imbalances in the Euro area, Panoeconomicus, 2015, 62 (2): 217-236 (with D. Detzer).
  • The crisis of finance-dominated capitalism in the Euro area, deficiencies in the economic policy architecture and deflationary stagnation policies, Journal of Post Keynesian Economics, 2013/14, 36 (2): 325–354.

4. Financial System and the Macroeconomy

  • The German Financial System and the Financial and Economic Crisis, Cham: Springer International, 2017 (with D. Detzer, N. Dodig, T. Evans, H. Herr and F.J. Prante). (More)
  • Financialisation and the Financial and Economic Crises: Country Studies, Cheltenham: Edward Elgar, 2016 (editor with D. Detzer and N. Dodig) (More)
  • The Demise of Finance-dominated Capitalism: Explaining the Financial and Economic Crises, Cheltenham: Edward Elgar, 2015 (editor with D. Detzer and N. Dodig). (More)
  • The Macroeconomics of Finance-dominated Capitalism - and its Crisis, Cheltenham: Edward Elgar, 2012. (More)     (Errata)

1. Secular Stagnation? Modern Perspectives, Empirical Results and Economic Policy Implications

(More)

  • Secular stagnation or stagnation policy? Steindl after Summers, PSL Quarterly Review, 2016, 69 (276): 3-47.
  • Financialisation and distribution from a Kaleckian perspective: the US, the UK and Sweden compared – before and after the crisis, International Journal of Political Economy, 2017, 46 (4), 233-266 (with P. Dünhaupt, M. Kulesza and A. Alfageme).
  • A Kaleckian perspective on financialisation and distribution in three main Eurozone countries before and after the crisis: France, Germany and Spain, Review of Political Economy, 2018, 30 (1), 41-71 (with P. Dünhaupt, A. Alfageme and M. Kulesza).
  • Financialisation and tendencies towards stagnation: the role of macroeconomic regime changes in the course of and after the financial and economic crisis 2007-9, Institute for International Political Economy (IPE) Working Paper, 90/2017.
  • Stagnation policy in the Eurozone and economic policy alternatives: A Steindlian/neo-Kaleckian perspective, Wirtschaft und Gesellschaft, forthcoming.

2. Government Expenditures, Deficits, Debt and Growth

  • Autonomous government expenditure growth, deficits, debt and distribution in a neo-Kaleckian growth model, Journal of Post Keynesian Economics, 2018, 41 (2), 216-238.

3. Model-theoretic Foundations of Controversies in Economic Policy

(More)

Lecturing

Bachelor (Economics, Business Administration, et al.):

  • Macroeconomics I: Business Cycle and Employment
  • Macroeconomics I: Business Cycle and Employment (in German)
  • Macroeconomics II: World market and currencies (in German)
  • Theory of Economic Policies (in German)
  • European Economic Policies

Master International Economics:

  • Macroeconomics
  • Distribution and Growth
  • Research Seminar
  • Tutorial Seminar

Master Political Economy of European Integration:

  • Dimensions of European Integration: Money and Trade
  • Current Issues of European Integration

Syllabus and materials on Moodle: (More)

  • Distribution and Growth for Master and Doctoral Students
  • Economics I: Introduction (in German)
  • Economics II: Microeconomics (in German)
  • Economics III: Macroeconomics (in German)
  • Growth and Distribution (in German)
  • Distribution: Empirics, Theory, Policy (in German)
  • Marx and Keynes (in German)
  • Empirical Economic Research (in German)

Vienna Universityof Economics and Business Administration 2007–2008

  • Current economic policy discussions in macroeconomics (in German)

University of Hamburg2005 – 2008

  • Macroeconomics (in German)
  • Distribution and Growth (in German)
  • European Economic Policies (in German)

Free University of Berlin 1992–1996

  • Controversies in Political Economy (in German)
  • Business Cycle and Long-run Developments (in German)
  • Marx and Keynes: Money, Effective Demand and Capital Accumulation (in German)

Study groups (in German) for:

  • Economics I: Introduction
  • Economcis II: Microeconomics
  • Economics IV: Business Cycle, Growth, Distribution, Internatonal Economics, in German

Berlin School of Economics 1995

  • Distribution and Social Policy (in German)

University of Lüneburg 1991

  • Economic Policy Concepts (in German)

University of Bremen 1989 – 1991

Study groups (in German) for:

  • National Income Accounting
  • Economics I: Employment, Business Cycle and Growth