Research

Working Papers

Growing differently? Financial cycles, austerity, and competitiveness in growth models since the Global Financial Crisis (with Engelbert Stockhammer), November 2020; forthcoming in Review of International Political Economy.

A history of aggregate demand and supply shocks for the United Kingdom, 1900 to 2016 (with Robert Calvert Jump), November 2020.

Periodic business and exchange rate cycles: evidence from 7 emerging markets (with Engelbert Stockhammer), September 2020.

Estimating Nonlinear Business Cycle Mechanisms With Linear VARs: A Monte Carlo Study (with Robert Calvert Jump), April 2020.

Journal Articles

Short and medium term financial-real cycles: An empirical assessment (with Engelbert Stockhammer, Robert Calvert Jump, and Julian Cavallero). Journal of International Money and Finance, 94, 81-96. (2019)

The impact of financialisation on the wage share. A theoretical clarication and empirical test (with Alexander Guschanski and Engelbert Stockhammer). Cambridge Journal of Economics, 43, 937-974. (2019) Blog at Brave New Europe. Blog at WiSo (in German).

Exchange rate dynamics, balance sheet effects, and capital flows. A Minskyan model of emerging market boom-bust cycles, Structural Change and Economic Dynamics, 51, 270-283. (2019)

Verteilungseffekte von Finanzialisierung (with Alexander Guschanski and Engelbert Stockhammer). Kölner Zeitschrift fürr Soziologie und Sozialpsychologie. 70, Supplement 1, 37-63. (2018)

Currency devaluations, aggregate demand, and debt dynamics in economies with foreign currency liabilities. Journal of Post Keynesian Economics. 40(4), 487-511. (2017)

Unemployment, capital accumulation and labour market institutions in the Great Recession (with Engelbert Stockhammer and Alexander Guschanski). European Journal of Economics and Economic Policies: Intervention. 11(2), 182-194. (2014)

Book chapters

Financialization and demand regimes in advanced countries (with Engelbert Stockhammer), in: Mader, P., Mertens, D. and Zwan, N. (eds) International Handbook of Financialization, Routledge 2020. Working paper version.

Linking a post-Keynesian approach to critical political economy: Debt-driven growth, export-driven growth and the crisis in Europe (with Engelbert Stockhammer), In: Jäger, J. and Springler, E. (eds) Asymmetric Crisis in Europe and Possible Futures: Critical Political Economy and Post-Keynesian Perspectives, Routledge 2015, pp.34-49.