Jo Michell

Jo Michell is Associate Professor in Economics at the University of the West of England, Bristol. His research interests include finance, macroeconomics, money and banking, and income distribution. He has a PhD in Economics from SOAS, University of London. He co-edited the Handbook of Critical Issues in Finance with Jan Toporowski (Elgar, 2012). He has taken part in two large European Commission-funded research projects, AUGUR and FESSUD, and is currently working on a project funded by the Federation for Progressive European Studies producing global macroeconomic policy projections. In 2014 he was one of the founders of 'Reteaching Economics', a group of early-career academics dedicated to pluralism in the teaching of economics.

Publications

Michell, J. (2017) Do shadow banks create money? ‘Financialisation’ and the monetary circuit. Metroeconomica, 68 (2). pp. 354-377. ISSN 0026-1386 Available from: http://eprints.uwe.ac.uk/28694 ' Stockhammer, E. and Michell, J. (2017) Pseudo-Goodwin cycles in a Minsky model. Cambridge Journal of Economics, 41 (1). pp. 105-125. ISSN 0309-166X Available from: http://eprints.uwe.ac.uk/28695 ' Michell, J. (2016) Book review: Interacting multiagent systems by Lorenzo Pareschi and Giuseppe Toscani. The Mathematical Gazette, 100 (548). pp. 376-378. ISSN 0025-5572 Available from: http://eprints.uwe.ac.uk/29340 ' Michell, J. (2016) Do shadow banks create money? 'Financialisation' and the monetary circuit. Working Paper. UWE Economics Working Paper Series. Available from: http://eprints.uwe.ac.uk/28552 ' Michell, J. and Stockhammer, E. (2015) Money supply. In: Rochon, L.-P., ed. (2015) The Encyclopedia Of Central Banking. 1. Edward Elgar, pp. 368-369. ISBN 9781782547433 Available from: http://eprints.uwe.ac.uk/24680 ' Michell, J. (2015) Income distribution and the financial and economic crisis. In: Hein, E., Detzer, D. and Dodig, N., eds. (2015) The Demise Of Finance-Dominated Capitalism Explaining the Financial and Economic Crises. Edward Elgar, pp. 240-264. ISBN 9781784715069 Available from: http://eprints.uwe.ac.uk/25412 ' Michell, J. (2015) Saving the eurozone: Modelling an alternative vison of Europe. Technical Report. Federation for Progressive European Studies (FEPS). Available from: http://eprints.uwe.ac.uk/28553 ' Michell, J. (2015) The Collected Works of F. A. Hayek, Volume 7: Business Cycles Part I; The Collected Works of F. A. Hayek, Volume 8: Business Cycles Part II. Review of Political Economy, 27 (3). pp. 466-471. ISSN 0953-8259 Available from: http://eprints.uwe.ac.uk/28355 ' Michell, J. (2014) A Steindlian account of the distribution of corporate profits and leverage: A stock-flow consistent macroeconomic model with agent-based microfoundations. Working Paper. Post Keynesian Economics Study Group (PKSG). Available from: http://eprints.uwe.ac.uk/24588 ' Michell, J. (2014) Speculation, financial fragility and stock-flow consistency. In: Bellofiore, R. and Vertova, G., eds. (2014) The Great Recession And The Contradictions Of Contemporary Capitalism. Edward Elgar. ISBN 9780857938527 Available from: http://eprints.uwe.ac.uk/23299 ' Michell, J. (2014) Book review: 'Treatise on Money' by J. A. Schumpeter. Economic Issues, 19 (2). pp. 86-88. ISSN 1363-7029 Available from: http://eprints.uwe.ac.uk/24020 ' Michell, J. and Toporowski, J. (2014) Critical observations on financialization and the financial process. International Journal of Political Economy, 42 (4). pp. 67-82. ISSN 0891–1916 Available from: http://eprints.uwe.ac.uk/23042 ' Michell, J. (2014) Working paper no. 41: Factors generating and transmitting the crisis: Functional distribution of income. Working Paper. FESSUD, Leeds. Available from: http://eprints.uwe.ac.uk/23428 ' Argitis, G., Evans, T., Michell, J. and Toporowski, J. (2014) Working paper no.39: Finance and crisis: Marxian, institutionalist and circuitist approaches. Working Paper. FESSUD, Leeds. Available from: http://eprints.uwe.ac.uk/23427 ' Stockhammer, E. and Michell, J. (2014) Pseudo-Goodwin cycles in a Minsky model. Working Paper. Post Keynesian Study Group. Available from: http://eprints.uwe.ac.uk/23043 ' McKinley, T., Cozzi, G. and Michell, J. (2014) Development, demography and migration. In: Eatwell, J., McKinley, T. and Petit, P., eds. (2014) Challenges for Europe in the World, 2030. 1st. UK: Ashgate. ISBN 9781472419286 Available from: http://eprints.uwe.ac.uk/22151 ' Michell, J. (2013) The price mechanism and the distribution of income in Kalecki's economics and post-Kaleckian economics. In: Bellofiore, R., Karwowski, E. and Toporowski, J., eds. (2013) The Legacy of Rosa Luxemburg, Oskar Lange and Michal Kalecki. (Vol. 1) Palgrave Macmillan, pp. 179-204. ISBN 9781137335593 Available from: http://eprints.uwe.ac.uk/21606 ' Michell, J. (2013) Review of 'Unemployment, recession and effective demand: The contributions of Marx, Keynes and Kalecki', by Claudio Sardoni. Economic Issues, 18 (2). pp. 119-120. Available from: http://eprints.uwe.ac.uk/22092 ' McKinley, T., Cozzi, G., Michell, J. and Bargawi, H. (2013) How can the EU Federal Government spearhead an employment-led recovery? Other. FEPS (Foundation for European Progressive Studies). Available from: http://eprints.uwe.ac.uk/21605 ' Toporowski, J. and Michell, J. (2012) Handbook of critical issues in finance. Cheltenham: Edward Elgar Publishing. ISBN 9781849803700 Available from: http://eprints.uwe.ac.uk/21603 ' Lapavitsas, C., Kaltenbrunner, A., Labrinidis, G., Lindo, D., Meadway, J., Michell, J., Painceira, J. P., Pires, E., Powell, J., Stenfors, A., Teles, N. and L, V. (2012) Crisis in the eurozone. 1st. UK: London: Verso, pp. 321-373. ISBN 9781844679690 Available from: http://eprints.uwe.ac.uk/23047 ' Michell, J. and Toporowski, J. (2012) The stock-flow consistent approach with active financial markets. In: Papadimitriou, D. and Zezza, G., eds. (2012) Contributions to Stock-Flow Modelling: Essays in Honor of Wynne Godley. Palgrave Macmillan, pp. 173-196. ISBN 978-0-230-29445-5 Available from: http://eprints.uwe.ac.uk/21609 ' Lapavitsas, C., Kaltenbrunner, A., Lindo, D., Michell, J., Painceira, J. P., Pires, E., Powell, J., Stenfors, A. and Teles, N. (2010) Eurozone crisis: Beggar thyself and thy neighbour. Journal of Balkan and Near Eastern Studies, 12 (4). pp. 321-373. ISSN 1944-8953 Available from: http://eprints.uwe.ac.uk/23045 '