Soon Ryoo   

Associate Professor of Economics
Department of Finance and Economics 
Adelphi University
, NY, U.S.A.
sryoo [at] adelphi [dot] edu
Profile at Adelphi, IDEAS.


  1. Ryoo, S. and Skott, P. Fiscal and Monetary Policy Rules in an Unstable Economy. Forthcoming in Metroeconomica. WP
  2. Skott, P. and Ryoo, S. (2017). Functional Finance and Intergenerational Distribution in neoclassical and Keynesian OLG modelsReview of Keynesian Economics 5(1), 112-134WP.
  3. Ryoo, S. (2016). Household Debt and Housing Bubbles: a Minskian Approach to Boom-Bust Cycles. Journal of Evolutionary Economics 26(5), 917-1006. WP
  4. Ryoo, S. (2016). Inequality of Income and Wealth in the Long Run: a Kaldorian PerspectiveMetroeconomica 67(2), 429-457. Preprint
  5. Ryoo, S. (2016). Demand-Driven Inequality, Endogenous Saving Rate, and Macroeconomic InstabilityCambridge Journal of Economics 40 (1), 201-225. Preprint
  6. Skott, P. and Ryoo, S. (2014). Public Debt in an OLG Model with Imperfect Competition: Long-Run Effects of Austerity Programs and Changes in the Growth Rate, The B.E. Journal of Macroeconomics 14(1), Contributions, 533-552. WP
  7. Ryoo, S. and Kim, Y. K. (2014). Income Distribution, Consumer Debt and Keeping Up with the Joneses. Metroeconomica 65(4), 585-618. WP
  8. Ryoo, S. (2013). Bank Profitability, Leverage and Financial Instability. Cambridge Journal of Economics 37(5), 1127-1160. Preprint
  9. Ryoo, S. and Skott, P. (2013), Public Debt and Full Employment in a Stock-Flow Consistent Model of a Corporate Economy. Journal of Post Keynesian Economics 35(4), 511-527. WP
  10. Ryoo, S. (2013). Minsky Cycles in Keynesian Models of Growth and Distribution. Review of Keynesian Economics 1(1), 37-60. Preprint
  11. Ryoo, S. (2013). The Paradox of Debt and Minsky’s Financial Instability Hypothesis. Metroeconomica 64(1), 1-24. Preprint
  12. Ryoo, S. (2011). Banks with Market Power, Sectoral Structure and the Big Push. Journal of Economics 103(1), 1-38. Preprint
  13. Ryoo, S. (2010). Long Waves and Short Cycles in a Model of Endogenous Financial Fragility. Journal of Economic Behavior and Organization 74(3), 163-186. WP
  14. Ryoo, S. and Skott, P. (2008). Financialization in Kaleckian Economies With and Without Labor ConstraintsEuropean Journal of Economics and Economic Policies. Intervention 5(2), 357-386. WP
  15. Skott, P. and Ryoo, S. (2008). Macroeconomic Implications of Financialisation. Cambridge Journal of Economics 32(6), 827-862. WP