Faculty

Education
Ph.D., City University of New York

Teaching Fields
Corporate Finance, Accounting, Money and Banking

Research Interests
Corporate finance, accounting

Selected Papers and Publications

• "Could accruals predict R square?" (with Rong Qi and Thom Thurston), International Research Journal of Applied Finance, Vol III Issue 8, August 2012

• “Return-Volume Relation in the Tail: Evidence from Six Emerging Markets," Banking and Finance Letters, Vol. 2 No. 2 (2010)  

Education
B.A., Macalester College; M.A., M.Phil., Ph.D., Yale University

Teaching Fields
Economic Development, Population Economics, Asian Economic History, Econometrics

Research Interests
Race, ethnicity and immigration in housing and labor markets, economic causes and consequences of migration, political economy of education policy, rural agricultural markets

Selected Papers and Publications

• "Long term benefits from temporary migration: does the gender of the migrant matter?", Levy Economics Institute Working Paper, No 756. February 2013.
• "Women, Schooling and Marriage in Rural Philippines" (with Mehrab Bin Bakhtiar), Levy Economics Institute Working Paper, No. 701. December 2011.
• "Racial and Ethnic Price Differentials in a Small Urban Housing Market" (with A. Pham and M. Smith), Housing Policy Debate Vol 22 No. 2 (March 2012) pp. 241-269. 
• "Access to Markets and Farm Efficiency: A Study of Rice Farms in the Bicol Region, Philippines."  in Daniel K.N. Johnson and Lakhwinder Singh (eds) Innovations, Technology and Economic Development: Essays in Honor of Robert E. Evenson. In process. 
• “Housing Inequality in the United States: A Decomposition Analysis of Racial and Ethnic Disparities in Homeownership” (with Y. Elmelech), Housing Studies Vol. 27 No. 1 (January 2012), pp. 1-26.
• “Labor Supervision and Institutional Conditions: Evidence from Bicol Rice Farms” (with R. E. Evenson and A. Kimhi), American Journal of Agricultural Economics, Vol. 88, No. 4 (November 2006), pp. 851–65

Education
B.A., University of Pennsylvania, Ph.D., Temple University

Teaching Fields
Ecological Economics, Geoclassical Economics, Urban Economics, Micro- and Macroeconomic Theory, Mathematical Economics, History of Economic Thought

Research Interests
Environmental and natural resource economics, ecological economocs, geoclassical economic, economics of food and agriculture, economic thought, distribution and economic justice, economic anthropology, economic theory of property, public sector economics, economics of taxes and subsidies, public choice.

Selected Papers and Publications

• “Clark: Apostle of Two-factor Economics,” American Journal of Economics and Sociology, Supplement, Vol. 62, no. 5 (November 2003), pp. 353–93
• “Henry George on Property Rights: Reply to John Pullen,” American Journal of Economics and Sociology, Vol. 60, no. 2 (April 2001), pp. 565–79

Education
B.S., Ph.D., University of Nice

Research  Interests
Macroeconomics, international economics, mathematical and quantitative methods

Selected Papers and Publications

• "Functional Distribution of Income, Inequality, and the Incidence of Poverty", Poverty Reduction and Policy Regimes, Flagship Report on Poverty, United Nations Research Institute for Social Development (UNRISD) 2008
• "What Did the Fed do after Inflation Died?" International Journal of Political Economy, 37, 2, pp. 47-70 2008
• (with Alain Parguez) "What Drives Profits ?", in Hein & Truger (eds.) Macroeconomics and Macroeconomic Policies, Edward Elgar, London 2007

Education
M.A., Delhi School of Economics; M.S., Ph.D., University of Illinois at Urbana-Champaign

Teaching Fields
Microeconomic Theory, Game Theory, Industrial Organization

Research Interests
Selected Papers and Publications

• Civil War, Ethnicity, and the Migration of Skilled Labor, with James T. Bang, Eastern Economic Journal, forthcoming.
• Discrimination in Festival Games with Limited  Observability and  Accessibility, with Mamoru Kaneko, Mathematical Social Sciences 62(1), July 2011, 34-45.
• Brain Drain and Institutions of Governance: Educational Attainment of Immigrants to the United States 1988-1998, with James T. Bang, Economic Systems 35(3), September 2011, 335-354.
• Gender Bias and the Female Brain Drain, with James T. Bang, Applied Economics Letters 18(9), September 2011, 829-833.

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Education

B.A., Columbia University; M.A., Ph.D., New School for Social Research

Affiliations

• Executive Vice President and Jerome Levy Professor of Economics, Bard College, since 1977
• Executive Vice President, Bard College at Simon’s Rock, since 1979
• President, Levy Economics Institute of Bard College, since 1986
• Member, Board of Directors, and Treasurer, American Symphony Orchestra, since 1992
• Managing Director, ECLA of Bard, Berlin, since 2011
• Member, Board of Directors, William Penn Life Insurance Company of New York, 1972–2010
• Distinguished Scholar, Shanghai Academy of Social Sciences, 2002
• Vice Chairman, Trade Deficit Review Commission, United States Congress, 1999–2001
• Member, Sub-Council on Capital Allocation of the Competitiveness Policy Council, 1993–98
• Wye Fellow, Aspen Insitute, 1985 

Teaching Fields: Macroeconomic Theory and Policy, Money and Banking, Finance

Publications

Papadimitriou is general editor of the Levy Institute book series and has edited and contributed to 13 books published by Palgrave Macmillan, Edward Elgar, and McGraw-Hill. He is a member of the editorial boards of the Journal of Economic Analysis, Challenge, and the Bulletin of Political Economy.

Selected Papers and Publications

• Contributor to Intervention, Bulletin of Political Economy, The Economic Journal, International Encyclopedia of the Social Sciences, Milken Institute Review, Journal of Applied Business Research, Routledge Encyclopedia of International Political Economy, Challenge, Review of Political Economy, Journal of Economic Issues, Durell Journal of Money and Banking, and European Journal of Political Economy.
• Editor and contributor, Contributions in Stock-flow Modeling: Essays in Honor of Wynne Godley, with Gennaro Zezza (Palgrave Macmillan, forthcoming), The Elgar Companion to Hyman Minsky, with L. Randall Wray (Edward Elgar Publishing, 2010), Hyman P. Minsky’s John Maynard Keynes, with L. Randall Wray (McGraw-Hill, 2008), Hyman P. Minsky’s Stabilizing an Unstable Economy, with L. Randall Wray (McGraw-Hill, 2008), Government Spending on the Elderly (Palgrave Macmillan, 2007), Distributional Effects of Government Spending and Taxation (Palgrave Macmillan, 2006), Hyman P. Minsky’s Induced Investment and Business Cycles (Edward Elgar Publishing, 2004), Modernizing Financial Systems (Macmillan and St. Martin’s Press, 2000), Stability in the Financial System (Macmillan and St. Martin’s Press, 1996), Aspects of the Distribution of Wealth and Income (Macmillan and St. Martin’s Press, 1994), Poverty and Prosperity in the USA in the Late Twentieth Century, with Edward N. Wolff (Macmillan and St. Martin’s Press, 1993), Profits, Deficits and Instability (Macmillan and St. Martin’s Press, 1992), Financial Conditions and Macroeconomic Performance: Essays in Honor of Hyman P. Minsky, with Steven M. Fazzari (M. E. Sharpe, 1992).
• Author of the Levy Institute Strategic Analysis reports Is Personal Debt Sustainable? Deficits, Debt, and Growth, Is Deficit-financed Growth Limited? Prospects and Policies for the U.S. Economy, and How Fragile Is the U.S. Economy? with A. M. Shaikh, C. H. Dos Santos, and G. Zezza; The United States and Her Creditors, with W. Godley, Dos Santos, and Zezza; Are Housing Prices, Household Debt, and Growth Sustainable? and Can the Growth in the U.S. Current Account Deficit Be Sustained? with E. Chilcote and Zezza; Can Global Imbalances Continue? with Zezza and G. Hannsgen; The U.S. Economy: What’s Next? with Godley and Zezza; The U.S. Economy: Is There A Way Out of the Woods? with Godley, Hannsgen, and Zezza; Fiscal Stimulus—Is More Needed? with Hannsgen and Zezza; Prospects for the United States and the World, with Godley and Zezza; Recent Rise in Federal Government and Federal Reserve Liabilities, with Hannsgen; and Sustaining Recovery and Jobless Recovery Is No Recovery, with Hannsgen and Zezza; and the Public Policy Briefs Full Employment Has Not Been Achieved; Community Development Banking, A Path to Community Development, and An Alternative in Small Business Finance, with R. J. Phillips and Wray; Monetary Policy Uncovered, Targeting Inflation, Does Social Security Need Saving? and Understanding Deflation, with Wray; Cracks in the Foundations of Growth, with Hannsgen and Zezza; The New New Deal Fracas, Will the Recovery Continue? and Debts, Deficits, Economic Recovery, and the U.S. Government, with Hannsgen; and Endgame for the Euro? with Wray and Y. Nersisyan.

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Education
B.A., Gettysburg College; M.A., Ph.D., University of Missouri - Kansas City

Teaching Fields
Macroeconomic Policy, Monetary Economics, Gender

Research Interests
Modern Monetary Theory, Fiscal Policy, Macroeconomic Stabilization, Economics of Gender.
Selected Papers and Publications

• “Beyond Full Employment: What Argentina’s Plan Jefes Can Teach Us about the Employer of Last Resort” in M. Forstater and M. Murray (eds.) The Job Guarantee: Toward True Full Employment, Palgrave (forthcoming). 
• “Fiscal Policy for the Great Recession and Beyond” in S. Fazzari, M. Setterfield, and B. Cynamon (eds.) Keynesian Policy after the Great Recession, Cambridge University Press (forthcoming).  
• “On-the-spot Employment: Keynes’s Approach to Full Employment and Economic Transformation,” Review of Social Economy, 2012, 70 (1): 57-80. 
• “The Job Guarantee: Delivering the Benefits that Basic Income Only Promises”, Journal of Basic Income Studies, Forthcoming. 
• “The Case for Labor Demand Targeting,” Journal of Economic Issues, June 2011, 45 (2): 401-409.  
• “Bernanke’s Paradox: Can he reconcile his position on the federal budget with his charge to fight deflation?”, Journal of Post Keynesian Economics, April 2011 (lead article) 33(3): 411-433. 
• “Fiscal Policy: The Wrench in the New Economic Consensus,” International Journal of Political Economy, Fall 2010, 39(3): 24-44. 
• “Fiscal Policy on Shaky Foundations: (Post) Keynesian Lessons for New Consensus Economists,” in E. Hein, T. Niechoj and E. Stockhammer (eds.) Macroeconomic Policies on Shaky Foundations - Whither Mainstream Economics?, Marburg: Metropolis Verlag, 2009.  
• “Evaluating the Economic and Environmental Viability of Basic Income and Job Guarantees,” in P. Lawn (ed.) Environment and Employment: A Reconciliation, London: Routledge, 2009.  
• “Chartalism and the Tax-Driven Approach to Money,” in P. Arestis and M. Sawyer (eds.) Handbook of Alternative Monetary Economics, Northampton, MA: Edward Elgar, 2006.  
• “Universal Assurances in the Public Interest: Evaluating the Economic Viability of Basic Income and Job Guarantees,” International Journal of Environment, Workplace, and Employment, 2006, Vol. 2, No. 1, pp.69-88. 5 
• “Common Goals – Different Solutions: Can Basic Income and Job Guarantees Deliver Their Own Promises?” (with L.R. Wray), Rutgers Journal of Law and Urban Policy, 2005, Vol. 2, No. 1, pp.125-166. 
• Full Employment and Price Stability: The Macroeconomic Vision of William S. Vickrey, (with M. Forstater, eds.) Northampton, MA: Edward Elgar, 2004. 
• “Monopoly Money: The State as a Price Setter,” Oeconomicus, Winter 2002, Vol. 5, pp.124-143. 

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