Servaas Storm

Involvement
Servaas Storm is a Dutch economist and author who works on macroeconomics, technological progress, income distribution & economic growth, finance, development and structural change, and climate change.

He is a Senior Lecturer at Delft University of Technology. He obtained a PhD in Economics (in 1992) from Erasmus University Rotterdam. His work has appeared in Cambridge Journal of Economics, Development and Change, Eastern Economic Review, Industrial Relations, International Review of Applied Economics, International Journal of Political Economy, Journal of Post Keynesian Economics, Journal of Development Economics and Structural Change and Economic Dynamics.

His latest book, co-authored by C.W.M. Naastepad, is Macroeconomics Beyond the NAIRU (Harvard University Press, 2012) and winner of the 2013 Myrdal Prize of the European Association for Evolutionary Political Economy. Servaas Storm is one of the editors of Development and Change and a member of the Institute for New Economic Thinking’s Working Group on the Political Economy of Distribution.


By this expert

A New Era of Endless Labor Shortages? A Critical Analysis of McKinsey's New Report

Article | Jul 15, 2024

The McKinsey report’s highlighting of an extremely high job vacancy ratio in recent years does not reflect the true state of the U.S. labor market.

The Fed’s “Chicken Run”: Why Sticking with High Rates Will Crash the Economy

Article | Jun 24, 2024

In persisting with its high rates policy, the Fed is acting like James Dean in the famous “chicken run” auto race in Rebel Without a Cause.

The Second Coming? Trump vs. Biden

Article | May 17, 2024

How have the macroeconomic problems in the US blinded many participants and observers to the actual state of the American economy as the election approaches?

Trump versus Biden: The Macroeconomics of the Second Coming

Paper Working Paper | | May 2024

The current paper returns to the key questions of wages and incomes and how wealth effects cripple reliance on interest rates to control inflation.

Featuring this expert

Global Inflation Today: What Is to Be Done?

PERI Conference, featuring INET Research Director Thomas Ferguson and INET Grantees

Event Conference | Dec 2–Nov 3, 2022

Emerging out of the COVID lockdown, inflation in the U.S. and globally has risen to the highest levels in 40 years. On December 2-3, PERI will host a conference to explore the causes of this global inflation spike. Conference participants will also provide critical perspectives on the austerity macroeconomic policies being implemented globally to control inflation and will propose alternative policies capable of managing inflation without imposing austerity and rising mass unemployment.

Experts on Inflation: Prognosis, Political Fallout and Who’s Really to Blame

Article | Nov 18, 2021

Economists Claudia Sahm, Servaas Storm, and Pia Malaney share their views on the problem that has everyone freaking out. Here’s what it all means for your pocketbook – and your democracy.

Storm and Naastepad’s INET working paper was cited in LSE’s blog on wages in the Eurozone

News Apr 28, 2021

“Some authors argue that the German export success has nothing to do with wage or unit labour cost moderation and is instead due to the country’s high non-price competitiveness.” — Lucio Baccaro and Tobias Tober, LSE

Makronom cites Servass Storm’s INET working paper, Lost in Deflation

News Feb 16, 2021

“That Italy is “lazy to reform” is probably one of the most widespread myths - and has little to do with reality. In 2015, for example, the OECD rated Italy’s reform efforts as significantly higher than those of Germany and France. The Dutch economist Servaas Storm takes the same line. In an in-depth study, he found that Italian politics as a whole adhered much more closely to the (market-liberal) economic policy guidelines of the EU than Germany and France.” — Phillip Heimberger & Nikolaus Kowall, Makronom

Offsite links