Webinar 20/6 Engelbert Stockhammer: Introduction to Post-Keynesian Macroeconomics for Political Economy


We are happy to present Engelbert Stockhammer, professor of Political Economy in King’s College London as our virtual guest in June 20. He will present an broad overview of post-Keynesian economics (PKE). The seminar requires no in-depth knowledge of PKE and will be accessible to a broader audience.

Stockhammer will first present the the methodological foundations of PKE and discuss differences and similarities to mainstream economics and New Keynesian Economics in particular. Second, he will present the main features of PKE: demand-led growth (the goods market), post-Keynesian monetary theory (financial markets) and the theory of induced technological change and how it gives rise to path-dependent growth (the supply side). Third, he will present the post-Keynesian theory of demand regimes, which covers distributional growth drivers (wage/profit-led growth) as well as finance and fiscal policy effects. Finally, he will discuss financialisation, and the return of financial cycles and the central role of real estate prices for macroeconomic performance.  

Welcome to an online lecture and discussion with Professor Engelbert Stockhammer on Monday 20 June 17-18.30. The seminar will start with a lecture in the first hour, followed by questions and discussion. Don't miss this exciting opportunity, register here to get the video link:

Engelbert Stockhammer is Professor of Political Economy in the department of European and International Studies. He did his PhD in Economics at the University of Massachusetts at Amherst, USA, and has worked at the Vienna University of Economics and Business (2000-2009) and Kingston University London (2010-2018), where he led the Political Economy Research Group, before joining King’s College London in 2018.  He has taught or held visiting positions at Bilkent University, Turkey, German Institute for Economic Research (DIW Berlin), Germany, Maastricht University, Netherlands, Macroeconomic Policy Institute (IMK), Germany, and Sabanci University, Turkey. He has done research projects for the Institute for New Economic Thinking (INET), the Austrian Science Fund (FWF) and the International Labour Office (ILO).  Engelbert does research in political economy and macroeconomics, on issues of financialisation, distribution and growth and economic policy in Europe. He has published more than 70 articles in peer reviewed journals.

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