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Papers by Mark Setterfield

Research paper thumbnail of Editorial to the special issue

ACM Transactions on Autonomous and Adaptive Systems, 2009

Research paper thumbnail of Special Forum on »Macroeconomic Theory and Macroeconomic Pedagogy«: Macroeconomic Theory and Macroeconomic Pedagogy: A response to some criticisms

European Journal of Economics and Economic Policies: Intervention, 2010

Research paper thumbnail of Are Long-Run Price Stability and Short-Run Output Stabilization All That Monetary Policy Can Aim For?

Metroeconomica, Jan 1, 2007

Research paper thumbnail of A Note of Thanks

Review of Political Economy, 2010

Skip to content. Taylor & Francis Online: Librarians; Authors & Editors; Societies. Register; Sig... more Skip to content. Taylor & Francis Online: Librarians; Authors & Editors; Societies. Register; Sign in; Mobile. Home; Browse; Products; Redeem a voucher; Shortlist; Shopping Cart Cart. The online platform for Taylor & Francis Group content. Search. Advanced Search Within current journal Entire site. Home > List of Issues > Table of Contents > A Note of Thanks. Browse journal. View all volumes and issues. Current issue. Most read articles. Most cited articles. Authors and submissions. Instructions for authors. Subscribe. Journal information. About this journal ...

Research paper thumbnail of Macroeconomics witohout the LM curve: and alternative view

Cambridge Journal of Economics, 2009

Research paper thumbnail of Change or Permanence? Growth and Development in Capitalist Economies

Review of Income and Wealth, 1993

Research paper thumbnail of History versus equilibrium' and the theory of economic growth

Cambridge Journal of Economics, 1997

A model of cumulative causation is developed and the limits of this model as a characterization o... more A model of cumulative causation is developed and the limits of this model as a characterization of 'historical' rather than 'equilibrium' long-run growth outcomes are discussed. An extension of the model, which postulates that cumulative causation occurs in the context of technological and institutional regimes, is proposed. Outcomes in the extended model are shown to be more influenced by history than those in the original model. The extended model also addresses a number of recent criticisms of cumulative causation. Copyright 1997 by Oxford University Press.

Research paper thumbnail of La economía del crecimiento dirigido por la demanda

Research paper thumbnail of A Keynes-Kalecki Model of Cyclical Growth with Agent-Based Features

Microeconomics, Macroeconomics and Economic Policy, 2011

Research paper thumbnail of Balancing the Macroeconomic Books on the Backs of Workers: A Simple Analytical Political Economy Model of Contemporary U.S. Capitalism

International Journal of Political Economy, 2006

Research paper thumbnail of Is Inflation Targeting Inimical to Employment?

... E iD Π = Π − where ΠE denotes nominal enterprise profits, Π denotes nominal gross profits and... more ... E iD Π = Π − where ΠE denotes nominal enterprise profits, Π denotes nominal gross profits and iD denotes debt-servicing payments to rentiers (the nominal interest rate, i, multiplied by the nominal stock of debt, D). Deflating by the price level, we arrive at: ... rentier households. ...

Research paper thumbnail of The Remarkable Durability of Thirlwall’s Law

Models of Balance of Payments Constrained Growth, 2012

Research paper thumbnail of History versus Equilibrium' and the Theory of Economic Growth

Cambridge Journal of Economics, May 1, 1997

A model of cumulative causation is developed and the limits of this model as a characterization o... more A model of cumulative causation is developed and the limits of this model as a characterization of 'historical' rather than 'equilibrium' long-run growth outcomes are discussed. An extension of the model, which postulates that cumulative causation occurs in the context of technological and institutional regimes, is proposed. Outcomes in the extended model are shown to be more influenced by history than those in the original model. The extended model also addresses a number of recent criticisms of cumulative causation. Copyright 1997 by Oxford University Press.

Research paper thumbnail of A Simple (and Teachable) Macroeconomic Model with Endogenous Money

Macroeconomic Theory and Macroeconomic Pedagogy, 2009

Research paper thumbnail of Endogenous regional growth: a critical survey

This paper provides a critical survey of the now burgeoning literature on the spatial application... more This paper provides a critical survey of the now burgeoning literature on the spatial application of endogenous growth theory. Attention is paid both to the (mainly North American) "new economics of urban and regional growth" literature, and to European literature that has focused on questions of convergence and the estimation of the Verdoorn law. The paper then identifies potentially fruitful

Research paper thumbnail of The phillips curve and US macroeconomic performance during the 1990s

Http Dx Doi Org 10 1080 0269217032000118729, Jul 21, 2010

This paper identifies two competing accounts of recent US macroeconomic performance, both of whic... more This paper identifies two competing accounts of recent US macroeconomic performance, both of which are capable of explaining the concurrence of low unemployment and low inflation experienced by the US after 1995. Econometric evidence provides partial support for both views, establishing that while there has been no change in the position of the long run Phillips curve in the US

Research paper thumbnail of Exploring the supply side of Kaldorian growth models

Review of Keynesian Economics, Apr 1, 2013

Research paper thumbnail of Post-Keynesian macrodynamics and path-dependent growth

European Journal of Economics and Economic Policies Intervention, Nov 1, 2011

Research paper thumbnail of Cumulative Causation, Interrelatedness and the Theory of Economic Growth: A Reply to Argyrous and Toner

Cambridge Journal of Economics, 2001

Research paper thumbnail of A Guide for “JEE Content” Submissions

Http Dx Doi Org 10 1080 00220485 2014 889967, Apr 14, 2014

Research paper thumbnail of Editorial to the special issue

ACM Transactions on Autonomous and Adaptive Systems, 2009

Research paper thumbnail of Special Forum on »Macroeconomic Theory and Macroeconomic Pedagogy«: Macroeconomic Theory and Macroeconomic Pedagogy: A response to some criticisms

European Journal of Economics and Economic Policies: Intervention, 2010

Research paper thumbnail of Are Long-Run Price Stability and Short-Run Output Stabilization All That Monetary Policy Can Aim For?

Metroeconomica, Jan 1, 2007

Research paper thumbnail of A Note of Thanks

Review of Political Economy, 2010

Skip to content. Taylor & Francis Online: Librarians; Authors & Editors; Societies. Register; Sig... more Skip to content. Taylor & Francis Online: Librarians; Authors & Editors; Societies. Register; Sign in; Mobile. Home; Browse; Products; Redeem a voucher; Shortlist; Shopping Cart Cart. The online platform for Taylor & Francis Group content. Search. Advanced Search Within current journal Entire site. Home > List of Issues > Table of Contents > A Note of Thanks. Browse journal. View all volumes and issues. Current issue. Most read articles. Most cited articles. Authors and submissions. Instructions for authors. Subscribe. Journal information. About this journal ...

Research paper thumbnail of Macroeconomics witohout the LM curve: and alternative view

Cambridge Journal of Economics, 2009

Research paper thumbnail of Change or Permanence? Growth and Development in Capitalist Economies

Review of Income and Wealth, 1993

Research paper thumbnail of History versus equilibrium' and the theory of economic growth

Cambridge Journal of Economics, 1997

A model of cumulative causation is developed and the limits of this model as a characterization o... more A model of cumulative causation is developed and the limits of this model as a characterization of 'historical' rather than 'equilibrium' long-run growth outcomes are discussed. An extension of the model, which postulates that cumulative causation occurs in the context of technological and institutional regimes, is proposed. Outcomes in the extended model are shown to be more influenced by history than those in the original model. The extended model also addresses a number of recent criticisms of cumulative causation. Copyright 1997 by Oxford University Press.

Research paper thumbnail of La economía del crecimiento dirigido por la demanda

Research paper thumbnail of A Keynes-Kalecki Model of Cyclical Growth with Agent-Based Features

Microeconomics, Macroeconomics and Economic Policy, 2011

Research paper thumbnail of Balancing the Macroeconomic Books on the Backs of Workers: A Simple Analytical Political Economy Model of Contemporary U.S. Capitalism

International Journal of Political Economy, 2006

Research paper thumbnail of Is Inflation Targeting Inimical to Employment?

... E iD Π = Π − where ΠE denotes nominal enterprise profits, Π denotes nominal gross profits and... more ... E iD Π = Π − where ΠE denotes nominal enterprise profits, Π denotes nominal gross profits and iD denotes debt-servicing payments to rentiers (the nominal interest rate, i, multiplied by the nominal stock of debt, D). Deflating by the price level, we arrive at: ... rentier households. ...

Research paper thumbnail of The Remarkable Durability of Thirlwall’s Law

Models of Balance of Payments Constrained Growth, 2012

Research paper thumbnail of History versus Equilibrium' and the Theory of Economic Growth

Cambridge Journal of Economics, May 1, 1997

A model of cumulative causation is developed and the limits of this model as a characterization o... more A model of cumulative causation is developed and the limits of this model as a characterization of 'historical' rather than 'equilibrium' long-run growth outcomes are discussed. An extension of the model, which postulates that cumulative causation occurs in the context of technological and institutional regimes, is proposed. Outcomes in the extended model are shown to be more influenced by history than those in the original model. The extended model also addresses a number of recent criticisms of cumulative causation. Copyright 1997 by Oxford University Press.

Research paper thumbnail of A Simple (and Teachable) Macroeconomic Model with Endogenous Money

Macroeconomic Theory and Macroeconomic Pedagogy, 2009

Research paper thumbnail of Endogenous regional growth: a critical survey

This paper provides a critical survey of the now burgeoning literature on the spatial application... more This paper provides a critical survey of the now burgeoning literature on the spatial application of endogenous growth theory. Attention is paid both to the (mainly North American) "new economics of urban and regional growth" literature, and to European literature that has focused on questions of convergence and the estimation of the Verdoorn law. The paper then identifies potentially fruitful

Research paper thumbnail of The phillips curve and US macroeconomic performance during the 1990s

Http Dx Doi Org 10 1080 0269217032000118729, Jul 21, 2010

This paper identifies two competing accounts of recent US macroeconomic performance, both of whic... more This paper identifies two competing accounts of recent US macroeconomic performance, both of which are capable of explaining the concurrence of low unemployment and low inflation experienced by the US after 1995. Econometric evidence provides partial support for both views, establishing that while there has been no change in the position of the long run Phillips curve in the US

Research paper thumbnail of Exploring the supply side of Kaldorian growth models

Review of Keynesian Economics, Apr 1, 2013

Research paper thumbnail of Post-Keynesian macrodynamics and path-dependent growth

European Journal of Economics and Economic Policies Intervention, Nov 1, 2011

Research paper thumbnail of Cumulative Causation, Interrelatedness and the Theory of Economic Growth: A Reply to Argyrous and Toner

Cambridge Journal of Economics, 2001

Research paper thumbnail of A Guide for “JEE Content” Submissions

Http Dx Doi Org 10 1080 00220485 2014 889967, Apr 14, 2014