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This research project studies the drivers of technology adoption as well as the consequences of the dynamics of technology adoption for economic growth.

Robert Pollin challenges the myth that climate action hurts working people—and explains why a just transition must be at the heart of a global Green New Deal.

We need a new approach to research—one rooted in trust, lived experience, and the stories data often overlooks.

Scientific American

We propose several multivariate variance ratio statistics. We derive the asymptotic distribution of the statistics and scalar functions thereof under the null hypothesis that returns are unpredictable after a constant mean adjustment (i.e., under the weak form Efficient Market Hypothesis). We do not impose the no leverage assumption of Lo and MacKinlay (1988) but our asymptotic standard errors are relatively simple and in particular do not require the selection of a bandwidth parameter. We extend the framework to allow for a time varying risk premium through common systematic factors.

This essay deals with the contradictory dynamics that engulfed Europe from 1959 to 1979, the year of the launching of the European Monetary System.

Rising inequality has focused attention on the benefits of new technologies. Do these accrue primarily to inventors, early investors, and highly skilled users, or to society more widely as their adoption generates employment growth?

Riots, lynchings and other forms of violence dramatically disproportionate impact on the lives and prospects of African inventors. That’s just one indicator, says Professor Lisa Cook, of the profound impact of racial violence on the economic structure

The INET YSI Financial Stability working group (WG) is organising a workshop as part of the Rethinking Finance Conference in Oslo at the Norwegian Business School BI on April 14th, 2018.

The TPP is dead, as is the assumption that future free-trade agreements can be negotiated by experts alone

Tony Atkinson’s new book points the way forward.

From the Archives: In the wake of the Bear Stearns bailout in 2008, INET Research Director Tom Ferguson and President Rob Johnson say taxpayers rescuing banks are owed their due: “If the public is going to pay for [bailouts]… it should also get paid back for them.”

Beneath the heated political rhetoric over U.S.-China economic ties lies an increasingly complex reality

Economist James K. Galbraith warns that ‘unrealistic expectations’ by Athens’ creditors is a recipe for turmoil

Recovery from recessions takes longer than it has in the past.