Pavlina Tcherneva

Pavlina Tcherneva

Formal First Name
1974 - present

Pavlina Tcherneva is an Associate Professor of Economics at Bard College and a Research Scholar at the Levy Economics Institute. Her current research examines the impact of unemployment on growth, income inequality, and public health. She specializes in modern monetary theory, fiscal policy, macroeconomic stabilization, and the economics of gender. She has worked both on the financial and institutional aspects of direct job creation programs and has examined the relative merits of job and income guarantee proposals.

Professional Experience

Academic History


  • Tcherneva conducts research on modern monetary theory and public policy.
  • She looks at the nexus between monetary and fiscal policies under sovereign currency regimes and the macroeconomic merits of alternative stabilization programs.
  • She has consulted policymakers from Argentina, Bulgaria, China, Turkey, and the United States on developing and evaluating various job-creation programs.
  • She immersed herself in J.M. Keynes’s collected writings and personal papers while she was a visiting scholar at the University of Cambridge.
  • She has offered a reinterpretation of Keynes’s approach to full employment.
  • She is currently working on the impact of alternative fiscal policies on unemployment, income distribution, and public goods provisioning.
  • She has also examined the role, nature, and relative effectiveness of Federal Reserve Chairman Bernanke’s alternative monetary policies and President Obama’s American Recovery and Reinvestment Act during the Great Recession.
  • Her research on the Job Guarantee has informed the proposals of several members of Congress, including that of the Green New Deal resolution.


  • Tcherneva has published articles in leading journals, including the Journal of Post Keynesian Economics, International Journal of Political Economy, and Rutgers Journal of Law and Urban Policy.
  • She has also written on the impact of public employment on women and the environment.
  • She blogs for New Economic Perspectives.

  • Tcherneva received the Helen Potter Prize in 2012 for the best paper in the Review of Social Economy.
  • She is a two-time grantee from the Institute for New Economic Thinking for her work on rethinking fiscal policy, job creation, and public goods provisioning. 


  • Her early work assessed Argentina’s adoption of a large-scale job creation proposal she had developed with colleagues in the United States
  • She worked with the Sanders 2016 Presidential campaign after her research on inequality had garnered national attention.