Stefan Kesting

Stefan Kesting
University of Leeds · Division of Economics

Doctor of Philosophy

About

32
Publications
4,284
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244
Citations
Introduction
1) Central bank communication based on Habermas's Theory of Communicative Action and empirical discourse analysis. (in collaboration with Annina Kaltenbrunner and Hendrik Theine) 2) A pluralist intermediate microeconomics textbook (in collaboration with Don Webber and Sebastian Berger) 3) What are the moral foundations of heterodox schools in economics? Normative tensions or communalities?

Publications

Publications (32)
Article
Full-text available
We will try to show the potential of a research perspective that we have tentatively called an Institutional Economics of Gift (IEG). For this purpose, we dwell on two key issues that any nascent research perspective is expected to address: the subject matter and the method. Without any claim to exhaustiveness, the subject matter of an IEG will be...
Article
This review highlights the strengths and weaknesses of three recently published useful resources for teaching economics from a pluralist and/or heterodox perspective. The introduction provides an overview of other helpful (text-)books for this purpose. Based on a historical approach, Geoffrey Schneider’s book describes and differentiates the charac...
Book
Full-text available
Mainstream economics offers a perspective on the gift which is constructed around exchange, axioms of self-interest, instrumental rationality and utility-maximisation – concepts that predominate within conventional forms of economic analysis. Recognising the gift as an example of social practice underpinned by social institutions, this book moves b...
Article
Full-text available
We would like to invite theoretical, empirical and methodological papers, and review articles on Stratification Economics to a special issue of the Review of Evolutionary Political Economy (REPE). The abstract submission deadline is January 31st; the expected publication date is the first half of 2022. Please see attached the call and consider subm...
Article
Full-text available
How can gift and gift-giving studies be relevant to the study of institutions and vice versa? This is the question we broadly address in the introduction to this symposium while drawing on the contributing articles and sketching out a possible future research in a perspective of integration between these two fields of study. Is the gift an institut...
Conference Paper
The UNDP HDR 2019 has called for "a revolution in metrics" to develop new ways to measure emerging forms of inequality. However, we do not only need better measurement, but also deeper understanding of the mechanisms behind inequality. Mainstream economists have long studied inequality, but much of that work focuses on narrowly conceived market mec...
Article
The two books under review could not be more different in terms of their main subject matter and writing style, but their central message is exactly the same: only a pluralist economics is scientifically rigorous and explanatorily honest and fruitful. Both books underpin this important point in their own ways. While Fullbrook draws on a wide range...
Article
Full-text available
Purpose – This paper aims to review the economic literature on central bank communication to address the questions of how economists account for the effects of speech acts and whether and to what extent discourse analysis is applied in their studies. Moreover, whether there may be room for more linguistic approaches to analyse central bank communic...
Article
Full-text available
This article aims in general at further fulfilling the ambition of green economics to be a holistic paradigm synthesising and integrating a diverse set of heterodox economic approaches and philosophies. In particular, it addresses the current lack of macroeconomic and more specifically post-Keynesian short run theories in green economics. This new...
Article
British institutional economist Shaun Hargreaves Heap once wrote: "... that orthodox welfare economics runs into problems generating public policy prescriptions because it works with a picture of individuals as solely a bunch of well-behaved preferences, which they are motivated in their actions to satisfy in an instrumental fashion" (1989, 206). M...
Article
Purpose – The paper seeks to answer the question: why is John Kenneth Galbraith a radical economist? The purpose of this paper is to show how he contributed to the development of economic theory and how this contribution differs radically from mainstream economics. Design/methodology/approach – In concentrating on Galbraith's theory of power – cert...
Article
Purpose – This paper aims to contribute to the growing body of empirical evaluations of subjective wellbeing by assessing the impact of basic cultural values and beliefs on job satisfaction across 20 countries in Eastern and Western Europe. Design/methodology/approach – Basic cultural values and beliefs are defined by reference to traditional vs se...
Conference Paper
Across various social science disciplines, several determinants of job satisfaction have been identified, ranging from personal background variables to individual labour market characteristics. Primarily in the scholarship of human resource management and applied psychology, job satisfaction has also been strongly associated with measures of organi...
Chapter
Book synopsis: In response to global and technological challenges, this important book highlights the continuing diversity of national institutional reconfigurations and policy reforms from an institutional economics perspective. The distinguished contributors offer a fresh and critical appraisal of three interconnected fields of research; varietie...
Chapter
This chapter pursues the idea that path dependent processes which construct and change institutional arrangements not only incur cost, but also produce transaction benefits. This production of transaction benefits is based on the fundamental social institution of language. To change institutional arrangements, communicative actors evaluate speech a...
Article
Power has been a neglected topic in economics at least since the neoclassical paradigm has dominated the profession. John Kenneth Galbraith is probably the most prominent and successful among his fellow American institutional economists in this particular field of inquiry. Steven Lukes's useful framework to distinguish different theoretical approac...
Article
The aim of this article is to investigate the impact of globalization on the Danish economy. We focus on four possible influences of globalization and European integration (as one of the expressions of globalization) which are widely discussed in the scientific discourse on this topic and appear to be relevant for the Danish case. These dimensions...
Article
Full-text available
This paper is based on the Political Aspects of Innovation (PAI) approach developed by Courvisanos (2007). It applies this Kaleckian theory of innovation to the New Zealand dairy industry and incorporates the National Systems of Innovation framework. PAI stresses the importance of innovation in the struggle for control over the distribution of prof...
Article
This paper outlines the rationale and methodology for an international comparative project investigating the links between workplace productivity and employee wellness and well being via the operation of representative employee participation structures in Denmark and New Zealand. It will define and discuss the often contentious terms of productivit...

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