Archive

We develop adjustments to align the NIPA measures of key household flows with cash flow concepts that better reflect household budgets and demand.

Rapid private-debt growth threw Japan into crisis in 1991 and did the same to the United States and Europe in 2008. China may be next.

This paper discusses the main issues about increasing inequality, whether it matters and its impact on economic activity and growth. It starts by briefly considering the empirical evidence of the share of income going to the top one percent since 1945 in the advanced countries. It then considers whether this represents an increase in the productivity of the top one percent or merely an extraction of economic rent.

The Institute partners with the Asia Global Institute (AGI), an independent think tank in Hong Kong, to encourage global policy and actions to move toward a prosperous and sustainable future for the world.

Economic activity cannot be explained solely by modeling rational behavior. Our partnership with the Kiel Institute brings interdisciplinary scholars together to develop new perspectives on human motivation and decision-making.

A jointly-created research institute devoted to finding a more realistic way of thinking about the economy, using tools from decision theory and the theory of networks to tackle problems such as unemployment and inequality.

Our partnership with the Oxford Martin School at the University of Oxford, is conducting visionary interdisciplinary research on a wide range of economic and public policy challenges.

How can we reconnect economic success to socioeconomic outcomes?

The Human Capital and Economic Opportunity Global Working Group (HCEO) is an interdisciplinary collaboration incorporating biological, sociological and psychological perspectives into traditional economic questions of inequality and human capital.

As the pace of financial crises quickens and the volatility of economic shocks intensifies, we need new ways to understand and respond to instability. This program coordinates our research efforts on finance, macroeconomics, and monetary economics.

Inequality and distribution—areas underserved by mainstream economics—sit at the heart of The Institute’s work. This program brings together researchers from a variety of disciplines to develop alternative approaches to the problem of inequality.

Michael Greenberger discusses the current state of play of regulatory reform and gives a barely passing grade.