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Gerald Epstein

Co-director and Professor of Economics

Political Economy Research Institute

Gordon Hall 418 N. Pleasant St., Suite A Amherst, MA 01002 U.S.A.

Gerald Epstein received his Ph.D. in economics from Princeton University. He has published widely on a variety of progressive economic policy issues, especially in the areas of central banking and international finance, and is the editor or co-editor of six volumes, including Financialization and the World Economy (Edward Elgar Press 2004); Capital Flight and Capital Controls in Developing Countries (Edward Elgar Press 2004); Globalization and Progressive Economic Policy (with Dean Baker and Robert Pollin, Cambridge University Press 1998); Macroeconomic Policy After the Conservative Era: Studies in Investment, Saving and Finance (with Herbert Gintis, Cambridge University Press 1995); and Transforming the U.S. Financial System: An Equitable and Efficient Structure for the 21st Century (with Gary Dymski and Robert Pollin, M.E. Sharpe 1993).

Professor Epstein's current work focuses on developing macroeconomic policies to promote just and sustainable improvements in living standards. He is also a long-time member of the Center for Popular Economics.

Focus: Economy, Finance, Globalization, United States, Americas, Global

Related Resources:

• Principles for Economic Recovery and Financial Reconstruction from Progressive Economists (Policy Library)
• A Progressive Program for Economic Recovery and Financial Reconstruction (Policy Library)
• Alternatives to Inflation Targeting Monetary Policy for Stable and Egalitarian Growth (Policy Library)
• Capital Management Techniques in Developing Countries (Policy Library)
• Capital Management Techniques in Seven Developing Countries During the 1990s (Policy Library)
• Employment-Oriented Central Bank Policy in an Integrated World Economy: A Reform Proposal for South Africa (Policy Library)
• Creating International Credit Rules and the Multilateral Agreement on Investment: What are the Alternatives? (Policy Library)

Selected Publications:

Books:
Financialization of the World Economy (Edward Elgar, forthcoming)

Globalization and Progressive Economic Policy, Cambridge, 1998 (with Robert Pollin and Dean Baker)

Creating a New World Economy, for the Center for Popular Economics, published by the Temple University Press, 1993 (with Julie Graham and Jessica Nembhard)

Transforming the U.S. Financial System, published by M. E. Sharpe, 1993 (with Gary A. Dymski and Robert Pollin)

Macroeconomic Policy after the Conservative Era: Studies in Investment, Savings, and Finance, published by Cambridge University Press, 1995 (with Herbert Gintis).

Papers:
Epstein, Gerald, Ilene Grabel, and Jomo K. Sundaram, "Capital Management Techniques in Developing Countries: An Assessment of Experiences From the 1990s and Lessons for the Future," 2003, PERI Working Paper Number 56.

Braunstein, Elissa, and Gerald Epstein, "Bargaining Power and Foreign Direct Investment in China: Can 1.3 Billion Consumers Tame the Multinationals?" 2002, PERI Working Paper Number 45.

Last Updated: Sep 22, 2006