education:
University of Aarhus, "cand scient oecon", July 1981
professional experience
Professor, University of Massachusetts, 2003 - present
Associate Professor and Professor, University of Aarhus, 1987 - 2003
Visiting Professor, University of Notre Dame, USA, spring 1995
Visiting Professor, EuroFaculty, Vilnius University, Lithuania, autumn 1994
Junior and Senior research fellow ("Kandidatstipendiat" and "seniorstipendiat"),
University of Copenhagen, 1982-1987
Temporary lecturer, University of Copenhagen, autumn 1981
research interests
Macroeconomics; income distribution
teaching
Econ 204: Intermediate macro (undergraduate)
Econ 309: Game theory (undergraduate)
Econ 705: Macroeconomic theory (graduate)
Econ 751: Mathematical Methods (graduate)
Econ 797K: Modelling growth and distribution (graduate)
Econ 797N: Macro III (graduate)
professional activities
Editorial board, Metroeconomica, 2004-
Editorial board, International Papers in Political Economy, 1993-
Editorial board, Economic Issues, 1990-
Board of Directors, Eastern Economic Association, 2007-2010
Associate editor, Journal of Economic Behavior and Organization, 2002-2011
Editorial board, Dynamic Economic Theory, 1998-2010
Corresponding editor, Capital and Class, 1988-1992
Editorial board, Review of Political Economy, 1991-95
Selected publications
“Employment and Distribution Effects of the Minimum Wage”. With Fabian Slonimczyk.
Journal of Economic Behavior and Organization, forthcoming.
“Distributional biases in the analysis of climate change”. With Leila Davis.
Ecological Economics, forthcoming
“An empirical evaluation of three post Keynesian models”. With Ben Zipperer. Intervention – European Journal of Economics and Economic Policies, forthcoming.
"Theoretical and empirical shortcomings of the Kaleckian investment function".
Metroeconomica, 2012, Vol. 63, pp. 109-138.
“The Real Exchange Rate and Economic Development”. With Arslan Razmi and Martin Rapetti.
Structural Change and Economic Dynamics, 2012, 23, 151-169.
"Macroeconomic Implications of Financialisation". With Soon Ryoo. Cambridge Journal of
Economics, 2008, 32 (6), pp.827-862.
"Japanese growth and stagnation: a Keynesian perspective". With Takeshi Nakatani.
Structural Change and
Economic Dynamics, 2007, Vol. 18, Iss. 3, pp. 306-332.
"A Model of Power-Biased Technological Change" With Fred Guy. Economics Letters, 2007,
Vol. 95, No. 1, pp. 124-131.
"Wage Inequality and Overeducation in a Model with Efficiency Wages"
Canadian Journal of
Economics, 2006, vol. 39 (1), pp. 94-123.
“Fairness as a Source of Hysteresis in Employment and Relative Wages”. Journal of Economic Behavior and Organization, Vol 57, 2005, pp. 305-331.
"Paradoxical Effects of Drug Policy in a Model with Imperfect Competition and Switching
Costs". With G.T. Jepsen. Journal of Economic Behavior and Organization, Vol. 48 (4), 2002,
pp. 335-354.
"Growth and Stagnation in a Two-Sector Model: Kaldor's Mattioli Lectures".
Cambridge Journal of Economics, 23, 1999, pp. 353-370.
"Uneven Development and the Liberalization of Trade and Capital Flows: the Case of Mexico". With Mehrene Larudee.
Cambridge Journal of Economics, 22, 1998, pp. 277-95.
"Dynamic Effects of Trade Liberalization and Currency Overvaluation under Conditions of Increasing Returns". With J. Ros.
Manchester School, 66 (4), 1998, pp. 466-89.
"Stagflationary Consequences of `Prudent' Monetary Policy in a Unionized Economy".
Oxford Economic Papers, 49, 1997, pp. 609-622.
"On the Modelling of Systemic Financial Fragility". In A.K. Dutt (ed) New Directions in Analytical Political Economy, Edward Elgar, 1994, pp. 49-76.
"Effective Demand, Class Struggle and Cyclical Growth", International Economic Review, February 1989, pp. 231-247.
Conflict and Effective Demand in Economic Growth, Cambridge University Press, 1989
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