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Servaas Storm

  • Senior Lecturer of Economics, Delft University of Technology
Involvement
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.


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By this expert

The Fed and the “Soft Landing” - Policy or Luck?

Article By Thomas Ferguson and Servaas Storm | Sep 30, 2024

The biggest factor in accounting for the strength in the economy is the continuing importance of the wealth effect in sustaining consumption by the affluent.

Good Policy or Good Luck? Why Inflation Fell Without a Recession

Paper Working Paper | By Thomas Ferguson and Servaas Storm | Sep 2024

A major factor in the decline of inflation is the simple fact that America’s workers were, in general, unable to raise their nominal wages in line with the rise in the cost of living

A New Era of Endless Labor Shortages? A Critical Analysis of McKinsey's New Report

Article By Thomas Ferguson and Servaas Storm | Jul 15, 2024

The McKinsey report’s highlighting of an extremely high job vacancy ratio in recent years does not reflect the true state of the U.S. labor market.

The Fed’s “Chicken Run”: Why Sticking with High Rates Will Crash the Economy

Article By Thomas Ferguson and Servaas Storm | Jun 24, 2024

In persisting with its high rates policy, the Fed is acting like James Dean in the famous “chicken run” auto race in Rebel Without a Cause.

Featuring this expert

Global Inflation Today: What Is to Be Done?

PERI Conference, featuring INET Research Director Thomas Ferguson and INET Grantees

Event Conference | Dec 2–Nov 3, 2022

Emerging out of the COVID lockdown, inflation in the U.S. and globally has risen to the highest levels in 40 years. On December 2-3, PERI will host a conference to explore the causes of this global inflation spike. Conference participants will also provide critical perspectives on the austerity macroeconomic policies being implemented globally to control inflation and will propose alternative policies capable of managing inflation without imposing austerity and rising mass unemployment.

Experts on Inflation: Prognosis, Political Fallout and Who’s Really to Blame

Article By Lynn Parramore | Nov 18, 2021

Economists Claudia Sahm, Servaas Storm, and Pia Malaney share their views on the problem that has everyone freaking out. Here’s what it all means for your pocketbook – and your democracy.

Storm and Naastepad’s INET working paper was cited in LSE’s blog on wages in the Eurozone

News Apr 28, 2021

“Some authors argue that the German export success has nothing to do with wage or unit labour cost moderation and is instead due to the country’s high non-price competitiveness.” — Lucio Baccaro and Tobias Tober, LSE

Makronom cites Servass Storm’s INET working paper, Lost in Deflation

News Feb 16, 2021

“That Italy is “lazy to reform” is probably one of the most widespread myths - and has little to do with reality. In 2015, for example, the OECD rated Italy’s reform efforts as significantly higher than those of Germany and France. The Dutch economist Servaas Storm takes the same line. In an in-depth study, he found that Italian politics as a whole adhered much more closely to the (market-liberal) economic policy guidelines of the EU than Germany and France.” — Phillip Heimberger & Nikolaus Kowall, Makronom

Offsite links

Crisis and Recovery in the German Economy: The Real Lessons