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Servaas Storm

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Servaas Storm is a Dutch economist and author who works on macroeconomics, technological progress, income distribution & economic growth, finance, development and structural change, and climate change.

He is a Senior Lecturer at Delft University of Technology. He obtained a PhD in Economics (in 1992) from Erasmus University Rotterdam. His work has appeared in Cambridge Journal of Economics, Development and Change, Eastern Economic Review, Industrial Relations, International Review of Applied Economics, International Journal of Political Economy, Journal of Post Keynesian Economics, Journal of Development Economics and Structural Change and Economic Dynamics.

His latest book, co-authored by C.W.M. Naastepad, is Macroeconomics Beyond the NAIRU (Harvard University Press, 2012) and winner of the 2013 Myrdal Prize of the European Association for Evolutionary Political Economy. Servaas Storm is one of the editors of Development and Change and a member of the Institute for New Economic Thinking’s Working Group on the Political Economy of Distribution.


By this expert

Financial Markets Have Taken Over the Economy. To Prevent Another Crisis, They Must Be Brought to Heel.

Article | Feb 13, 2018

Banks have long had undue influence in society. But with the rapid expansion of a financial sector that transforms all debts and assets into tradable commodities, we are faced with something far worse: financial markets with an only abstract, inflated, and destabilizing relationship with the real economy. To prevent another crisis, finance must be domesticated and turned into a useful servant of society. 

What Mainstream Economists Get Wrong About Secular Stagnation

Article | Dec 21, 2017

Forget the myth of a savings glut causing near-zero interest rates. We have a shortage of aggregate demand, and only public spending and raising wages will change that.

Some Thoughts on Secular Stagnation, Loanable Funds and the ZLB

Paper Conference commentary | | Dec 2017

I have read the various conference papers and am struck by the fact that many use the (omnipresent New-Keynesian) model of an aggregate loanable funds market to diagnose secular stagnation and investigate possible remedies.

How a Flawed Structure is Hurting the Eurozone—Economically and Politically

Paper Conference paper | | Oct 2017

The wind appears to be back in the sails of the Eurozone economy ….

Featuring this expert

Reawakening

From the Origins of Economic Ideas to the Challenges of Our Time

Event Conference #INET2017 | Oct 21–23, 2017

INET gathered hundreds of new economic thinkers in Edinburgh to discuss the past, present, and future of the economics profession.

CEPS IdeasLab 2016

YSI Event Workshop YSI | Hosted by Political Economy of Europe | Feb 24–27, 2016

The new YSI Political Economy of Europe Working Group will take part in the 2016 CEPS IdeasLab and a subsequent workshop organized by the working group in Brussels.

Wage Moderation and Productivity in Europe

Article | Jan 28, 2016

Recently, our analysis has been questioned by Servaas Storm who has claimed that it is untenable to blame neo-mercantilist Germany for driving a wedge into the Eurozone. [i] It is shown below that Storm’s critique has a certain aplomb, but lacks substance.

Friendly Fire

Article | Jan 20, 2016

Comments on “German Wage Moderation and the Eurozone Crisis: A Critical Analysis” by Servaas Storm

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