Discussion papers

RMF invites discussion papers that may be in political economy, heterodox economics, and economic sociology. We welcome theoretical and empirical analysis without preference for particular topics. Our aim is to accumulate a body of work that provides insight into the development of contemporary capitalism. We also welcome literature reviews and critical analyses of mainstream economics provided they have a bearing on economic and social development.
Submissions are refereed by a panel of three. Publication in the RMF series does not preclude submission to journals. However, authors are encouraged independently to check journal policy.

41. Does the LIBOR Misdirect Monetary Policy? A Case Study on the NIBOR and Norges Bank 2007-11

by Alexis Stenfors, February 2013

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40. LIBOR as a Keynesian Beauty Contest: A Process of Endogenous Deception

by Alexis Stenfors, October 2012

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39. LIBOR Games: Means, Opportunities and Incentives to Deceive

by Alexis Stenfors, October 2012

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38. Financialisation, Reserve Accumulation and Central Bank in Emerging Economies: Banks in Brazil and Korea

by Juan Pablo Painceira, July 2012

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37. State, Class and the “Fixing” of Capitalism in Mexico

Hepzibah Muñoz Martínez, May 2012

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36. Credit, Profitability and Instability: A Strictly Structural Approach

Paulo L dos Santos, December 2011

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35. Notes Towards a New Political-Economy Approach to Contemporary Credit Relations

Paulo L dos Santos, December 2011

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34. European Periphery Crises, International Financial Markets, and Democracy: moving towards a globalized neofeudalism?

Jorge Garcia-Arias Eduardo Fernandez-Huerga and Ana Salvador, September 2011

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33. Neoclassical Inflation: No theory there

John Weeks, September 2011

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32. The Debt as a Lever for Economic Policy Change: A Tale of Two Continents

Oscar Ugarteche, August 2011

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31. Sucre: A Monetary Tool Toward, Economic Complementarity

Antulio Rosales, Manuel Cerezal and Ricardo Molero, August 2011

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30. Financialization, Household Credit and Economic Slowdown in the U.S.

Deepankar Basu, June 2011

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29. Peripheral Europe’s Debt and German Wages. The Role of Wage Policy in the Euro Area

Engelbert Stockhammer, March 2011

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28. Production and Consumption Credit in a Continuous-Time Model of the Circuit of Capital

Paulo L dos Santos, February 2011

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27. Credit Growth and Instability in Balkan Countries: The Role of Foreign Banks

Predrag Ćetković, January 2011

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26. The Political Economy of Public Investment and Public Finance: Structural and Institutional Regulators

Jamee K. Moudud and Francisco Martinez-Hernandez, January 2011

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25. The Socialization of Financial Risk in Neoliberal Mexico

Thomas Marois, January 2011

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24. Financial Profit: Profit from Production and Profit upon Alienation

Costas Lapavitsas and Iren Levina, November 2010

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23. The Bank of Japan’s Monetary Policy during the Global Financial Crisis

Yoshihiko Saito, November 2010

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22. The Financial Crisis of 2007-9 and Emerging Countries: The Political Economy Analysis of Central Banks in the Brazilian and Korean Economies

Juan Pablo Painceira, November 2010

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21. The Theory and Empirical Credibility of the Commodity Money

John Weeks, October 2010

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20. Effectiveness of Monetary Policy Reconsidered

John Weeks, July 2010

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19. Neoliberalism, Income Distribution and the Causes of the Crisis

Engelbert Stockhammer, June 2010

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18. Fiscal Crisis in Europe or a Crisis of Distribution?

Özlem Onaran, June 2010

Download File (pdf; 386kb)

17. The Role of Banks in the Korean Financial Crisis of 1997: An Interpretation Based on the Financial Instabiliy Hypothesis

Juan Pablo Painceira, March 2010

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16. Financialisation and Capitalist Accumulation : Structural Accounts of the Crisis of  2007-9

Costas Lapavitsas, February 2010

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15. New Forms of External Vulnerability: Brazil in the Global Financial Crisis

Annina Kaltenbrunner & Juan Pablo Painceira, December 2009

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14. Financialisation Embroils Developing Countries

Costas Lapavitsas, August 2009

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13. Systemic Failure of Private Banking: A Case for Public Banks

Costas Lapavitsas, August 2009

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12. A Minsky Perspective on the Global Recession of 2009

Charles J Whalen, July 2009

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11. At the Heart of the Matter: Household Debt in Contemporary Banking and the International Crisis

Paulo L dos Santos, May 2009

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10. Financialisation, or the Search for Profits in the Sphere of Circulation

Costas Lapavitsas, May 2009

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9. Emerging Market Bank Rescues in an Era of Finance-Led Neoliberalism

Thomas Marois, April 2009

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8. Global Integration of the Turkish Economy in the Era of Financialisation

Nuray Ergüneş, March 2009

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7. On the Historical Significance and the Social Costs of the Sub-Prime Financial Crisis: Drawing on the Japanese Experience

Makoto Itoh, March 2009

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6. The Globalisation of Financial Capital, 1997-2008

Carlos Morera Camacho and José Antonio Rojas Nieto, March 2009

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5. Central Banking in Contemporary Capitalism: Monetary Policy and its Limits

Demophanes Papadatos, February 2009

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4. Developing Countries in the Era of Financialisation: From Deficit Accumulation to Reserve Accumulation

Juan Pablo Painceira, February 2009

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3. On the Content of Banking in Contemporary Capitalism

Paulo L dos Santos, February 2009

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2. Racial Exclusion and the Political Economy of the Subprime Crisis

Gary A Dymski, February 2009

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1. Financialised Capitalism: Crisis and Financial Expropriation

Costas Lapavitsas, February 2009

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