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Servaas Storm

  • Senior Lecturer of Economics, Delft University of Technology
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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.


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By this expert

Trump versus Biden: The Macroeconomics of the Second Coming

Paper Working Paper | By Thomas Ferguson and Servaas Storm | 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.

Bernanke and Blanchard’s Obsession with the Wage-Price Spiral

Article By Servaas Storm | Apr 8, 2024

Bernanke and Blanchard have made another failed attempt to salvage establishment macroeconomics after the massive onslaught of adverse inflationary circumstances with which it could evidently not contend.

Tilting at Windmills: Bernanke and Blanchard’s Obsession with the Wage-Price Spiral

Paper Working Paper | By Servaas Storm | Apr 2024

How convincing is the model analysis by Bernanke and Blanchard? How empirically relevant are their mechanisms causing inflation – and how robust and plausible are their econometric findings?

Unhappy New Year: How Austerity is Making a Comeback in Berlin and Brussels

Article By ​Orsola Costantini and Servaas Storm | Jan 4, 2024

Germany’s debt brake and EU fiscal rules will make it well neigh impossible for EU countries to fund the investments needed to decarbonize their economies.

Featuring this expert

Reawakening

From the Origins of Economic Ideas to the Challenges of Our Time

Event Plenary | Oct 21–23, 2017

INET gathered hundreds of new economic thinkers in Edinburgh to discuss the past, present, and future of the economics profession.

Wage Moderation and Productivity in Europe

Article By Heiner Flassbeck and Costas Lapavitsas | Jan 28, 2016

Recently, our analysis has been questioned by Servaas Storm who has claimed that it is untenable to blame neo-mercantilist Germany for driving a wedge into the Eurozone. [i] It is shown below that Storm’s critique has a certain aplomb, but lacks substance.

Friendly Fire

Article By Peter Bofinger | Jan 20, 2016

Comments on “German Wage Moderation and the Eurozone Crisis: A Critical Analysis” by Servaas Storm

Behind Europe's Populist Backlash: The Hunger Games of Mainstream Economics

Article By Lynn Parramore | Jan 6, 2015

The turmoil of Brexit and the populist challenge across Europe are consequences of austerity policies that have brought misery to millions of ordinary voters. In this interview first published last January, Servaas Storm warned of the dangers of economic decision making divorced from democracy and from the social consequences of its prescriptions

Offsite links

Crisis and Recovery in the German Economy: The Real Lessons