nep-pke New Economics Papers
on Post Keynesian Economics
Issue of 2025–10–13
five papers chosen by
Karl Petrick


  1. Endogenous money and inflation: an introductory post-Keynesian/Kaleckian conflict inflation model By Cara Dabrowski; Eckhard Hein
  2. Reimagining growth futures: overcoming the false binary between green growth and degrowth By Hasselbalch, Jacob; Larsen, Mathias
  3. Generative AI: A Double-Edged Sword for Western Democracy By Ritzen, Jo
  4. A qualitative study exploring women’s empowerment in coffee cooperatives in Chiapas, Mexico By Eissler, Sarah; Rubin, Deborah; de Anda, Victoria
  5. Ending child labour: Implementation of SDG 8.7 By Papatheophilou, Simela; Tröster, Bernhard

  1. By: Cara Dabrowski; Eckhard Hein
    Abstract: Based on the notion of endogenous money, which precludes inflation from being a monetary phenomenon, this contribution develops an introductory macroeconomic model of conflict inflation aimed at undergraduate teaching. Our demand-driven model includes Kaleckian mark-up pricing determining firms’ target profit shares, while workers’ target wage shares are determined by institutional features of the labour market and the social benefit system and the employment rate. Conflict inflation emerges if these targets are inconsistent with each other. This basic version of our teachable Kaleckian macroeconomic model incorporates the main components of aggregate demand and their determinants for a closed (private) economy, as well as conflicting income claims between workers and capitalists. The model is then applied in a stylised way to the recent inflationary shocks taking off in 2021. It aims to provide a basic heterodox approach, which is both straightforward and effective in facilitating students’ understanding of inflationary dynamics.
    Keywords: conflict inflation, post-Keynesian/Kaleckian model, teaching economics
    JEL: A22 E12 E25 E31
    Date: 2025–10
    URL: https://d.repec.org/n?u=RePEc:pke:wpaper:pkwp2522
  2. By: Hasselbalch, Jacob; Larsen, Mathias
    Abstract: When imagining how a green transition can take place, the relationship between economic growth and environmental sustainability is commonly viewed in two ways: As ‘green growth, ’ where the two can be mutually supporting, and as ‘degrowth, ’ where they cannot. The two are considered mutually exclusive, internally coherent, and competing eco-political paradigms. Here, we conceptually analyze the literature and map standpoints within the two positions along nine dimensions covering national institutions, world order, and scientific cosmology. We find that there are substantial disagreements within as well as agreements between green growth and degrowth. In consequence, we argue that the literature is caught in a false binary. To constructively move the debate forward, we propose giving up the paradigmatic and polarized approach and instead embracing a multidimensional plurality of imagined growth futures.
    Keywords: green growth; degrowth; post-growth; imaginaries; paradigms
    JEL: J1
    Date: 2026–02
    URL: https://d.repec.org/n?u=RePEc:ehl:lserod:129714
  3. By: Ritzen, Jo (Mt Economic Research Inst on Innov/Techn, RS: GSBE MGSoG, RS: UNU-MERIT Theme 3)
    Abstract: The advent of generative artificial intelligence (AI) has sparked a critical debate: will it fortify democratic institutions or accelerate their decline? This paper evaluates AI’s dual role as both a potential guardian and disruptor of democracy in the Western hemisphere. At the centre of analysis stands the traditional economic model of human decision making, with information asymmetry. Personalized advertising, based on clicks, recorded purchase- and social media behaviour are powerful sales-boosters. Without being held to ethical boundaries, generative AI will increase rather than reduce the asymmetries in markets. Translating the economic model to voting behaviour the same asymmetry appears. Drawing on case studies, empirical research, and policy analyses, the paper explores how AI’s capabilities—from spreading disinformation to enhancing civic engagement—shape democratic resilience. The discussion emphasizes the urgent need for balanced governance to harness AI’s benefits while mitigating its risks. By synthesizing insights from recent elections, regulatory frameworks, and socio-political trends, this paper argues that proactive, multi-sectoral collaboration is essential to ensure AI serves as a bulwark rather than a threat to democratic values.
    JEL: O33 O38 D72 D83 L51
    Date: 2025–10–01
    URL: https://d.repec.org/n?u=RePEc:unm:unumer:2025021
  4. By: Eissler, Sarah; Rubin, Deborah; de Anda, Victoria
    Abstract: This study presents findings from a qualitative research study conducted in Chiapas, Mexico that is one component of a larger activity funded by the Walmart Foundation and implemented by the International Food Policy Research Institute (IFPRI), titled Applying New Evidence for Women’s Empowerment (ANEW). ANEW seeks to generate evidence from mixed-methods evaluations of women’s empowerment in production and other entrepreneurial efforts at different nodes of agricultural value chains and aims to develop and validate measures of women’s empowerment that focus on agricultural marketing and collective empowerment at the group level, both of which build upon the project-level Women’s Empowerment in Agriculture Index for Market Inclusion (pro-WEAI+MI). In this report, we present findings of a qualitative study of coffee cooperatives supported by Root Capital in Chiapas, Mexico and how Root Capital engages with them to advance women’s economic empowerment, among other objectives. As part of this study, we aimed to describe the gender dynamics and roles and responsibilities of men and women in the coffee value chain in Chiapas, and the opportunities and barriers faced as a result of these dynamics. This study employed qualitative methods to collect primary data from types of respondents using individual and group interviews. Two coffee cooperatives in Chiapas that work with Root Capital were selected to participate in this study. From June to July 2023, 21 individual interviews and 9 group interviews were conducted with market actors, men and women coffee cooperative leaders, men and women cooperative members and their wives, and Root Capital staff from two municipalities in Chiapas. The data were transcribed into Spanish and then translated into English. These transcripts were analyzed using thematic analysis in NVivo software. A codebook inclusive of inductive and deductive themes was developed to guide the thematic analysis. This study design adhered to best practices for ethical research and received approval from IFPRI’s IRB. Several limitations should be considered when reviewing the findings and conclusions of this study. There exist defined gender roles and divisions of labor at each node of the coffee value chain in Chiapas, and participants often described these roles as expected given social norms or perceived gender-specific limitations of natural abilities that would shape how men or women could engage in different activities. Men and women indicated that while men are in charge of coffee production activities, women do spend time contributing to cleaning and management activities, and that women are heavily involved in the coffee harvest. Both men and women explained that women are responsible for processing activities, which can be time consuming and laborious, but often occur close to the home. Although the coffee harvest activities require physical labor in picking and carrying the baskets of ripened cherries, there is a perception that women cannot participate in other post-harvesting activities, such as transporting bags of coffee, because the lifting is too physically heavy of a task for women. Men are responsible for managing the sale of coffee and directly negotiating with the buyer to the extent that a negotiation happens. In instances when buyers travel to the household as the point of sale, women can participate in sales, typically facilitating the sale under the direction of her husband. However, women still do not lift the coffee bags nor transport the bags for sale. And many coffee producing households prefer to or sometimes need to hire labor to help with coffee harvest activities; they tend to hire men as laborers more out of preference or their availability compared to women. Men and women interviewed for this study also described their perceptions and understanding of empowerment and elements of an empowered person with relation to engaging in the coffee value chain. Overall, while the concept of an empowered person was difficult for both men and women to relate to, they shared perceptions of how relations between men and women had changed over the years. Respecting women’s rights or the perception of respecting women’s rights was more acknowledged at the time of the interviews than in previous years, and it was more common to see men and women both generating incomes for the household. Men and women shared different perspectives regarding attitudes toward intimate partner violence, whereas both acknowledged men often mistreated their wives, but women discussed it as a private matter where men shared concerns over women’s reaction to the mistreatment rather than the mistreatment itself. Varying access to resources limited both men and women farmer’s ability to advance in the coffee value chain, particularly access to credit, which was limited for both men and women in the study areas. Limited access to credit with favorable or reasonable terms limited men’s and women’s ability to hire additional labor on their coffee farm or to purchase machines that would reduce specifically women’s time burdens within the household. Women’s time use is constrained by expectations and normative tasks in ways that men are not constrained. Future research is needed and discussed to better understand these dynamics of gendered roles and relations and elements of empowerment in the coffee value chain in Chiapas. Men and women members of the two respective cooperatives shared differences in how they were able to participate in and benefit from their participation in each cooperative. One cooperative provided more opportunities for members to directly engage in meetings, social activities, and capacity building opportunities whereas the other operated through a more decentralized structure and did not offer opportunities for members to directly participate in decision-making or meetings beyond the representation of their delegate. Members of both cooperatives perceived their cooperatives to be consistent and reliable coffee buyers offering stable prices. The former cooperative was also perceived as a source of support and community for members to advance their coffee production and post-harvesting activities. Both cooperatives also addressed key barriers faced by members, such as providing consistent and reliable pricing. Some members reported that cooperatives offered higher prices than those offered by non-cooperative buyers. Cooperatives also provided transportation options for producers to sell their coffee, which also enables women to have more engagement in coffee sales. However, normative barriers, such as women’s existing time burdens and their need for their husbands’ permission, limits women’s full participation in the cooperatives. Finally, we explored the extent to which Root Capital’s engagement with the cooperatives had supported activities or changes that strengthen women’s empowerment by understanding members and leaders’ perceptions of this engagement. Overall, cooperative members were generally unaware of Root Capital and its engagement with the cooperative. Since Root Capital does not provide direct services to farmers or cooperative members, it was not surprising that many cooperative members were generally unaware of Root Capital and its engagement with the cooperative. However, a few were aware of Root Capital, knowing it had provided their cooperative a loan to purchase and maintain a truck, which was used to reduce barriers faced by producers to bring their coffee to the point of sale and had implications for shifting gender roles to manage coffee sales. Cooperative leaders reflected on the loan that facilitated increased transportation capacity, as well as other benefits from working with Root Capital. However, as Root Capital operates with a client-driven approach, adoption of the Gender Equity Advisory services was limited as these services only became recently available in 2021 and cooperatives opted not to prioritize these until 2023. Therefore, there was limited data to understand how these activities may be influencing cooperative operations, gender dynamics and roles, and perception of women engaged in the coffee value chain at the time of this study. We present several recommendations for areas of future research and considerations for Root Capital to strengthen its approach to gender equity programming.
    Keywords: coffee; cooperatives; research methods; value chains; women’s empowerment; gender; collective behaviour; qualitative analysis; Mexico; Americas; Northern America
    Date: 2024–03–29
    URL: https://d.repec.org/n?u=RePEc:fpr:ifprid:140749
  5. By: Papatheophilou, Simela; Tröster, Bernhard
    Abstract: Despite SDG target 8.7 aiming to eliminate child labour by 2025, 137.6 million children remain affected worldwide, highlighting the urgent need for action. Effective approaches go beyond prohibition, addressing root causes through social protection, education, decent work, and childcare systems, supported by social dialogue with affected communities, including the voices of affected children. This paper offers targeted recommendations to Austrian and EU institutions, encouraging them to drive change through multilateral and bilateral cooperation, enforce corporate responsibility across supply chains, and support local initiatives.
    Keywords: Child Labour, Sustainable Development Goals, Policy interventions
    Date: 2025
    URL: https://d.repec.org/n?u=RePEc:zbw:oefser:327984

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