The Political Economy Research Institute (PERI) promotes human and ecological well-being through our original research. Our approach is to translate what we learn into workable policy proposals that are capable of improving life on our planet today and in the future. In the words of the late Professor Robert Heilbroner, we at PERI “strive to make a workable science out of morality.”

Established in 1998, PERI is an independent unit of the University of Massachusetts, Amherst, with close ties to the Department of Economics. PERI staff frequently work collaboratively with faculty members and graduate students from the University of Massachusetts, and other economists from around the world. Since its founding, PERI has become a leading source of research and policy initiatives on issues of globalization, unemployment, financial market instability, central bank policy, living wages and decent work, and the economics of peace, development, and the environment.

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Submissions from 2007

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Forensic Accounting: Hidden Balance of Payments of the Philippines, Edsel, Jr Beja

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Unchained Melody: East Asia in Performance, Edsel, Jr. L. Beja

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External Shocks, Structural Change, and Economic Growth in Mexico, 1979–2006, Robert A. Blecker

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Is Inequality Bad for the Environment?, James K. Boyce

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Cap and Dividend: How to Curb Global Warming While Protecting the Incomes Of American Families, James K. Boyce and Matthew Riddle

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Options for Revenue Generation in Post-Conflict Environments, Michael Carnahan

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Current Global Imbalances and the Keynes Plan, Lilia Costabile

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If Financial Market Competition is so Intense, Why are Financial Firm Profits so High? Reflections on the Current ‘Golden Age’ of Finance, James Crotty

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U.S. Debt and Global Imbalances, Jane D’Arista

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An EU Sky Trust: Distributional Analysis for Hungary, Viola Ferjentsik and Michael Ash

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Do Surges in Less-Skilled Immigration Have Important Wage Effects? A Review of the U.S. Evidence, David R. Howell

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Uprooting Diversity? Peasant Farmers’ Market Engagements and the on-Farm Conservation of Crop Genetic Resources in the Guatemalan Highlands, S, Ryan Isakson

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The Correlates of Rentier Returns in OECD Countries, Arjun Jayadev and Gerald Epstein

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Emigrant or Sojourner? Migration Intensity and Its Determinants, Florian Kaufmann

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Employment and Millenium Development Goals: Analytics of the Linkage in the Context of an Accelerated Effort to Achieve the MDGs, A. R. Khan

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U.S., China, and the Unraveling of Global Imbalances, Minqi Li

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The Meaning of Poverty Questions of Distribution and Power, Arthur MacEwan

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Wage Share, Globalization, and Crisis: The Case of the Manufacturing Industry in Korea, Mexico, and Turkey, Özlem Onaran

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Financialization and Capital Accumulation in the Non-Financial Corporate Sector: A Theoretical and Empirical Investigation of the U.S. Economy: 1973-2003, Özgür Orhangazi

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Financialization: What it is and Why it Matters, Thomas I. Palley

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A Scheme to Coordinate Monetary and Fiscal Policies in the Euro Area, Carlo Panico and Marta Vàzquez Suàrez

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The Employment Effects of Downsizing the U.S. Military, Robert Pollin and Heidi Garrett-Peltier

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The U.S. Employment Effects of Military and Domestic Spending Priorities, Robert Pollin and Heidi Garrett-Peltier

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Gender, Distribution, and Balance of Payments Constrained Growth in Developing Countries, Stephanie Seguino

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Engendering Human Development: A Critique of the UNDP’s Gender-Related Development Index, Elizabeth A. Stanton

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The Human Development Index: A History, Elizabeth A. Stanton

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Some Stylized Facts on the Finance-Dominated Accumulation Regime, Engelbert Stockhammer

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Promoting Group Justice: Fiscal Policies in Post-Conflict Countries, Frances Strewart, Graham Brown, and Alex Cobham

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Have Differences in Credit Access Diminished in an Era of Financial Market Deregulation?, Christian E. Weller

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Changes in Homeowners’ Financial Security during the Recent Housing and Mortgage Boom, Christian Weller and Kate Sabatini

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Patterns of Adjustment under the Age of Finance: The Case of Turkey as a Peripheral Agent of Neoliberal Globalization, Erinc Yeldan

Submissions from 2005

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Land Reform and Sustainable Development, James K. Boyce; Peter Rosset; and Elizabeth A, Stanton

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A Chinese Sky Trust? Distributional Impacts of Carbon Charges and Revenue Recycling in China, Mark Brenner, Matthew Riddle, and James K. Boyce

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Certification Systems as Tools for Natural Asset Building: Potential , Experience to Date, and Critical Challenges, Michael E. Conroy

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The Effects of Neoliberal "Reforms" on the Post-Crisis Korean Economy, James Crotty and Kang-Kook Lee

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Landowner Driven Sustainable Forest Management and Value-Added Processing, David T. Damery

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Central Banks as Agents of Economic Development, Gerald Epstein

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Exchange Market Pressure, Monetary Policy, and Economic Growth: Argentina in 1993-2004, Clara Garcia and Nuria Malet

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Interaction Between Food Attributes in Markets: The Case of Environmental Labeling, Gilles Grolleau and Julie A. Caswell

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Employment, Poverty, and Gender in Ghana, James Heintz

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The Work Environment Index: Technical Background Paper, James Heintz, Jeannette Wicks-Lim, and Robert Pollin

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Market Power in Direct Marketing of Fresh Produce: Community Supported Agriculture Farms, Daniel A. Lass, Nathalie Lavoie, and T. Robert Fetter

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Neoliberalism, Global Imbalances, and Stages of Capitalist Development, Minqi Li and Andong Zhu

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Inspections to Avert Terrorism: Robustness Under Severe Uncertainty, L. Joe Moffitt, John K. Stranlund, and Barry C. Field

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A Laboratory Investigation of Compliance Behavior under Tradable Emissions Rights: Implications for Targeted Enforcement, James J. Murphy and John Stranlund

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An Investigation of Voluntary Discovery and Disclosure of Environmental Violations Using Laboratory Experiments, James J. Murphy and John K. Stranlund

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Heterogeneity and Common Pool Resources: Collective Management of Forests in Himachal Pradesh, India, Sirisha C. Naidu

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Social Attitudes, Labor Law, and Union Organizing: Toward A New Economics of Union Density, Thomas I. Palley and Robert M. LaJeunesse

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Comments on Aaron Yelowitz, "Santa Fe's Living Wage Ordinance and the Labor Market", Robert Pollin and Jeannette Wicks-Lim

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Inflation and Economic Growth: A Cross-Country Non-linear Analysis, Robert Pollin and Andong Zhu

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What Motivates Common Pool Resource Users? Experimental Evidence from the Field, Maria Alejandra Vélez, John K. Stranlund, and James J. Murphy

Submissions from 2004

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Levels, Differences and ECMs – Principles for Improved Econometric Forecasting, P. Geoffrey Allen and Robert Fildes

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Natural and Cultural Assets and Participatory Forest Management in West Africa, Kojo Sebastian Amanor

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Hypothetical Bias in Dichotomous Choice Contingent Valuation Studies, Michael Ash, James J. Murphy, and Thomas H. Stevens

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Air Pollution and Per Capita Income, Rachel A. Bouvier

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A Future for Small Farms? Biodiversity and Sustainable Agriculture, James K. Boyce

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Declining Corporate Income Taxes in the 1990s: A State-by-State Analysis of Effective Tax Rates, Elissa Braunstein

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The Economic Impact of Living Wage Ordinances, Mark D. Brenner

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Rising Foreign Outsourcing and Employment Losses in U.S. Manufacturing, 1987-2002, James Burke, Gerald Epstein, and Minsik Choi

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Enforcing Transferable Permit Systems in the Presence of Transaction Costs, Carlos A. Chavez and John K. Stranlund

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Was the IMF's Imposition of Economic Regime Change in Korea Justified? A critique of the IMF's economic and political role before and after the crisis, James Crotty and Kang-Kook Lee

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An Economic Valuation of Recreational Shellfishing On Cape Cod, David T. Damery and P. Geoffrey Allen

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Capital inflows, policy responses, and their ill consequences: Thailand, Malaysia, and Indonesia in the decade before the crises, Clara García

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Extractive Reserves: Building Natural Assets in the Brazilian Amazon, Anthony Hall

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International Environmental Justice: Building the Natural Assets of the World’s Poor, Krista Harper and S. Ravi Rajan

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Elements of an Employment Framework for Poverty Reduction in Ghana, James Heintz

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Equitable Carbon Revenue Distribution Under an International Emissions Trading Regime, Nathan Hultman and Daniel M. Kammen

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The Blessing of Commons: Small Scale Fisheries, Community Property Rights, and Coastal Natural Assets, John Kurien

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Pricing-to-Market: Price Discrimination or Product Differentiation?, Nathalie Lavoie and Qihong Liu

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Exploring the Demographic Factors Affecting Passage of Living Wage Ordinances, Oren M. Levin-Waldman

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Another Distortion of Adam Smith: The Case of the "Invisible Hand", Michael Meeropol

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Direct and Market Effects of Enforcing Emissions Trading Programs: An Experimental Analysis, James J. Murphy and John K. Stranlund

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Deepening Divides in the U.S. Economy, 2004: Jobless Recovery and the Return of Fiscal Deficits, Robert Pollin

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Review (for Challenge Magazine) of The Roaring Nineties: A New History of the World’s Most Prosperous Decade by Joseph E. Stiglitz, Robert Pollin

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Compensation for Environmental Services and Rural Communities: Lessons from the Americas, Herman Rosa, Deborah Barry, Susan Kandel, and Leopoldo Dimas

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Attitudes Towards Alternative Management Policies For Public Recreation Lands, Mihail Samnaliev, Thomas Stevens, and Thomas More

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The Economics of Implementing Traceability in Beef Supply Chains: Trends in Major Producing and Trading Countries, Diogo M. Souza-Monteiro and Julie A. Caswell