Servaas Storm

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.


By this expert

Why the Rich Get Richer and Interest Rates Go Down

Article | Sep 13, 2021

Going Down the Rabbit Hole at Jackson Hole

Austerity Raises Covid Deaths

Article | Mar 26, 2021

Mortality and economic data show how constraints to government spending and a skepticism of redistributive policies have made the pandemic far worse

Lessons for the Age of Consequences: COVID-19 and the Macroeconomy

Paper Working Paper Series | | Mar 2021

Mortality and economic data show how constraints to government spending and a skepticism of redistributive policies have made the pandemic far worse

The Standard Economic Paradigm is Based on Bad Modeling

Article | Mar 8, 2021

The New Keynesian Dynamic Stochastic General Equilibrium (DSGE) is a straightjacket for macroeconomics

Featuring this expert

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

Article | 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

Storm’s INET funded research is discussed in Naked Capitalism

News Jan 25, 2021

“One of the main reasons Italy’s economy is in such dire straits is its strict adherence to the EMU’s macroeconomic rule book — in particular the rules on fiscal austerity and structural reforms — as Dutch economist Servaas Storm painstakingly details in his article ‘Italy: How to Ruin a Country in Three Decades’” — Nick Corbishley, Naked Capitalism

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