We support dynamic ideas through wide-ranging research that embraces both pure theory and applied work where advances in economics can help solve the great challenges of the 21st century. The Institute’s research is interdisciplinary, incorporating concepts from fields including history, political science, psychology, the physical sciences and the humanities.
Research Papers
Working Paper Series
We support in-depth, multidisciplinary research that carefully examines the conceptual frameworks of economic thinking. This series focuses on critical areas in the discipline that are relevant right now. View details
1
Capitalism in the age of robots: work, income and wealth in the 21st-century
Adair Turner, Chair of the Institute for New Economic Thinking, Lecture at School of Advanced International Studies, Johns Hopkins University, Washington DC April 10th 2018
2
Where Do Profits and Jobs Come From? Employment and Distribution in the US Economy
“Meso” level analysis of 16 producing sectors sheds light on broad forces shaping growth of employment and profits.
3
A Distorting Mirror: Major Media Coverage of Americans’ Tax Policy Preferences
Over the last four decades, Americans have consistently told pollsters that they favor higher taxes on business and the wealthy, even as tax policy has moved sharply in the other direction.
4
Corporate Scandals and Regulation
Are regulatory interventions delayed reactions to market failures or can regulators proactively pre-empt corporate misbehavior?
5
The Price of a Vote: Evidence from France, 1993-2014
Money in politics is not a strictly American phenomenon. In France, despite strong campaign finance laws, campaign donations have a direct influence on legislative and municipal election results.
7
Lending a Hand: How Small Black Businesses Supported the Civil Rights Movement
A large literature has detailed the seminal roles played in the Civil Rights Movement by activists, new political organizations, churches, and philanthropies. But black-owned businesses also provided a behind-the-scenes foundation for the movement’s success.
8
$MeToo: The Economic Cost of Sexual Harassment
To get justice, targets must show measurable harm: economists can help.
9
Empirical Research on the Revolving Door ‘Shadow Lobbyists’
The US federal lobbying industry, based in Washington DC, is major focal point for political money and the exercise of influence, with expenditures peaking at approximately $2.5 billion per annum during the first Obama administration.
10
Industrial Structure and Party Competition in an Age of Hunger Games: Donald Trump and the 2016 Presidential Election
The U.S. presidential election of 2016 featured frontal challenges to the political establishments of both parties and perhaps the most shocking election upset in American history.
11
Why central bank models failed and how to repair them
The consensus that reigned in macroeconomics before the financial crisis has come under renewed attack.
12
Why Observation of the Behaviour of Human Actors and How They Combine Within the Economy, is an Important Next Step.
One might think of the satisfied consensus reigning in macroeconomics before the financial crisis (and still relatively entrenched) as evidence of “Groupthink” in a “Divided State”
13
How a Flawed Structure is Hurting the Eurozone—Economically and Politically
The wind appears to be back in the sails of the Eurozone economy ….
14
A Fiscal Union. Is it likely? Would it be enough?
The current crisis is the culmination of a process of integration that has profoundly changed the structure of each member state, their inter-relations and their power relations. One of its side effects was the rediscovery of the terms ‘centre’ and ‘periphery’ to analyse the economic situations of the European countries.
15
Macroeconomic stabilization, monetary-fiscal interactions, and Europe’s monetary union
The euro area has been experiencing a prolonged period of weak economic activity and very low inflation.