Gender plays a crucial role in many macroeconomic areas, including, for example, how fiscal policy or crises generate different outcomes for men, women, and non-binary individuals, and gender inequalities have substantial macroeconomic consequences. These disparities are often deeply entwined with labor market dynamics, where gender wage gaps, gendered and racial profiling of jobs and segregation, and inequalities in the distribution of paid and unpaid work persist. Such inequalities are further compounded by the systemic undervaluation of unpaid labor as well as paid care work, disproportionately carried out by women. Addressing these imbalances requires policies, which aim to close gender gaps and promote inclusive development. Equally critical is examining the intersection of globalization, climate change and gender, revealing how trade, climate conditions, and financial flows reshape inequalities in the Global South and North. Therefore, this year's FMM conference focuses on the interactions between gender and macroeconomics.
Post-Keynesian conflict inflation models have received renewed attention in the course of the recent inflationary processes related to the recovery from the Covid-19 crisis in 2020 and the hike of energy prices in the context of the start of the Russian war on Ukraine in 2022.
The revival of economic nationalism poses a challenge to neoclassical orthodoxy, which claims that liberalized international trade is (subject to a few recognized exceptions) inherently cooperative and mutually beneficial. Post-Keynesian open economy models demonstrate that international trade relations can be conflictive under certain conditions.
Since income distribution is a central theme in Rothschild’s research, this paper examines his contributions to post‐Keynesian distribution theory. Following a brief overview of his life, academic formation, and the historical context that shaped his thinking, the paper explores his theoretical innovations, emphasizing his rejection of mono‐causal explanations in favor of an approach that integrates economic, political, and social dynamics.
This paper presents a theory and model of long-run cycles in income inequality. The model explains the historical pattern of income distribution identified by Kuznets (1955) and Piketty (2014).
FMM Fellows are distinguished scholars that contribute to the development of the Forum, act as its ambassadors in academics and policy circles and give advice to the coordination group.