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Class Struggle and Economic Fluctuations: VAR Analysis of the post-War U.S. Economy (with Ying Chen and Jong-seok Oh), Department of Economics Working Papers (2011)
Building on Marx’s insights in Chapter 25, Volume I of Capital, an augmented version of...
Comparative Growth Dynamics in a Discretetime Marxian Circuit of Capital Model, Department of Economics Working Papers (2011)
This paper develops a discrete-time formalization of the circuit of capital model presented by Marx...
Is There a Tendency for the Rate of Profit to Fall? Econometric Evidence for the U.S. Economy, 1948-2007 (with Panayiotis T. Manolakos), Department of Economics Working Paper Series (2010)
The law of the tendential fall in the rate of profit has been at the...
The Paradox of Thrift and Crowding-In of Private Investment in a Simple IS-LM Model, Department of Economics Working Papers (2009)
This paper derives conditions for two key Keynesian propositions in a simple IS-LM model: (a)...
Relations of Production and Modes of Surplus Extraction in India: An Aggregate Study (with Amit Basole), Department of Economics Working Papers (2009)
This paper uses aggregate-level data, as well as case-studies, to trace the evolution of some...
Dynamic Multinomial Ordered Choice with an Application to the Estimation of Monetary Policy Rules (with Robert M. de Jong), Studies in Nonlinear Dynamics & Econometrics (2007)
We present a novel specification of a dynamic multinomial ordered choice model, where the latent...