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.
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).
This paper maps the intellectual and institutional landscape of post-Keynesian economics in Germany since the 1970s. It reviews the contributions of academics based in Germany, irrespective of their nationality, to post-Keynesian economics viewed from a broad tent perspective and to the different strands within this broad-tent post-Keynesian economics.
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.