Matias Vernengo

Research Interests

• macroeconomics
• international political economy
• Latin American development
• history of economic thought

Courses

• ECON 203 Intermediate Macroeconomics
• ECON 326 History of Economic Thought
• ECON 337 International Monetary and Financial Economics
• UNIV 225 Introduction to Public Policy

Activities and Other Interests

Matías Vernengo is Full Professor at Bucknell University, and the Director of the Bucknell Institute for Public Policy (BIPP). He was formerly Senior Research Manager at the Central Bank of Argentina (BCRA), Associate Professor of Economics at the University of Utah, and Assistant Professor at Kalamazoo College and the Federal University of Rio de Janeiro (UFRJ). He has been an external consultant to several United Nations organizations like the Economic Commission for Latin America and the Caribbean (ECLAC), the International Labor Organization (ILO), the United Nations Conference on Trade and Development (UNCTAD) and the United Nations Development Program (UNDP). He has seven edited books, two books and more than one hundred and twenty articles published in scientific peer reviewed journals or book chapters. He specializes in macroeconomic issues for developing countries, in particular Latin America, international political economy and the history of economic thought. He is also the emeritus founding co-editor of the Review of Keynesian Economics (ROKE), and co-editor in chief of the New Palgrave Dictionary of Economics. He received a Doctorate Honoris Causa from the Universidad Nacional Santiago Antúnez de Mayolo in Peru.

Recent Publications

Papers

2024. Economic Growth and Technological Progress in Developing Economies: Okun and Kaldor-Verdoorn Effects in China and India (1991-2019), Review of Political Economy, forthcoming. Co-author: Suranjana Nabar-Bhaduri.

2023. From Regulation to Deregulation and (Perhaps) Back, Research in the History of Economic Thought and Methodology, Volume 41c, 133–156. Co-author: William McColloch.

2022. Varieties of peripheral capitalism: on the institutional foundations of economic backwardness, Review of Keynesian Economics, 10(2): 240-261. Co-author: Esteban Pérez Caldentey.

2022. The Inflationary Puzzle, Catalyst, 5(4): 90-113.

2021. The consolidation of dollar hegemony after the collapse of Bretton Woods: Bringing power back in, Review of Political Economy, 33(4): 529-551.

2020. The Economic Consequences of COVID-19: The Great Shutdown and the Rethinking of Economic Policy, International Journal of Political Economy, 49(4): 265–277. Co-author: Suranjana Nabar-Bhaduri.

2019. Heterodox Central Banking in the Periphery, Research in the History of Economic Thought and Methodology, 36C: 81-100. Co-author: Esteban Pérez Caldentey.

2019. The Historical Evolution of Monetary Policy in Latin America. In Handbook of the History of Money and Currency. Edited by Stefano Battilossi, Youssef Cassis, and Kazuhiko Yago, Berlin: Springer. Co-author: Esteban Pérez Caldentey.

2018. Exchange Rate Depreciation, Wage Resistance and Inflation in Argentina (1882–2009), Economic Notes, 47(1): 125-144. Co-author: Nathan Perry.

Books

2024. Dollar Hegemony: Past, Present, and Future, Cheltenham: Edward Elgar. Co-editors: Thomas Palley and Esteban Pérez Caldentey.

2023. Varieties of Capitalism: Second Generation Perspectives, Cheltenham: Edward Elgar. Co-editors: Thomas Palley and Esteban Pérez Caldentey.

2021. Thirlwall's Law at 40, Cheltenham: Edward Elgar. Co-editors: Thomas Palley and Esteban Pérez Caldentey.

2018. Raúl Prebisch: El Desarrollo de la Periferia. CABA: Universidad Nacional General Sarmiento. Co-author: Esteban Pérez Caldentey.

2017. Why Latin American Nations Fail: Development Strategies in the 21st Century, Berkeley: University of California Press. Co-editor: Esteban Pérez Caldentey.