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

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

Cordon of Conformity: Why DSGE models Are Not the Future of Macroeconomics

Paper Working Paper Series | | Mar 2021

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

Featuring this expert

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

Are Economists Blocking Progress on Climate Change?

Article | Jun 24, 2019

By promoting unrealisitc models, economists have become part of problem rather than the solution

Vox Features INET Climate Research

News Dec 31, 2018

Vox features INET’s package of climate research

Offsite links