I hold a PhD from Sorbonne Paris Nord and joined the Department of European & International Studies (EIS) at King’s College in September 2022. Before, I lectured International Political Economy at City, University of London.

I’ve also worked as a consultant for the Argentine Ministry of Health and collaborated with the NGO, SOMO (Centre for Research on Multinational Corporations).

Research

My research focuses on the changing mechanisms that define the generation (both in terms of income and expenses) and use of funds in the nonfinancial corporate sector with special attention to finance, global value chains and the increasing intangibilisation of business models. I pay special attention to large multinational corporations and how the financial and productive decisions taken at the corporate (micro) level affect the economic landscape of multiple countries.

So far, my research has focused mostly on firms from advanced economies but it is increasingly turning to the peripheries, specifically Latin America. My approach is mostly interdisciplinary and draws on heterodox economics, international political economy, and critical accounting. Methodologically, I rely primarily on quantitative methods applied to large firm-level databases.

Research interests

• Corporate financialisation
• Global value chains
• Intangible assets
• Linkages between financial and productive subordination in the peripheries
• Corporate borrowing in the peripheries
• Multinational corporations from peripheral economies

PhD applications

I welcome applications for PhD topics related to any of my research interests.

Latest publications

Pérez Artica, R. and Rabinovich, J. (2025) “What drives private capital outflows in Latin America? An empirical study of gross non-financial private capital outflows in six Latin American countries”. Forthcoming Revista de la CEPAL.

Kaltenbrunner, A., Karacimen e., and Rabinovich, J. (2024) Assessing Financialization under International Financial Subordination: A Mixed-Methods Study of Brazilian and Turkish Non-Financial Corporations. Socio-Economic Review, 22(4), 1967–1994, https://doi.org/10.1093/ser/mwae037

Rabinovich, J. (2023) Tangible and intangible investments and sales growth of US firms. Structural Change and Economic Dynamics, 66, 200-212, https://www.sciencedirect.com/science/article/pii/S0954349X23000668

Rabinovich, J. and Pérez Artica, R. (2022). Cash holdings and corporate financialisation: evidence from listed Latin American firms. Competition and Change, 27(3-4), 635-655, https://journals.sagepub.com/doi/full/10.1177/10245294221117275.

Auvray, T., Durand, C., Rabinovich, J. and Rikap, C. (2021). Corporate financialization’s conservation and transformation: from Mark I to Mark II. Review of Evolutionary Political Economy, 2(3), 431–457, https://link.springer.com/article/10.1007/s43253-021-00045-4.

Stockhammer, E., Rabinovich, J. and Reddy, N. (2021). Distribution, wealth and demand regimes in historical perspective. USA, UK, France and Germany, 1855-2010. Review of Keynesian Economics, 9(3), 337-367. https://www.elgaronline.com/view/journals/roke/9-3/roke.2021.03.03.xml.

Rabinovich, J. (2021). Financialisation and the supply-side face of the investment-profit puzzle. Journal of Post-Keynesian Economics, 44(3), 434-462. https://doi.org/10.1080/01603477.2020.1734463.

Rabinovich, J. and Pérez Artica, R. (2020). El aumento de los activos financieros en firmas de América Latina. ¿Un caso de financiarización?. Realidad Económica, 49(333), 113-140.

Rabinovich, J. (2019). The financialisation of the nonfinancial corporation. A critique to the financial turn of accumulation hypothesis. Metroeconomica, 70(4), 738-775, https://doi.org/10.1111/meca.12251.

Auvray, T. and Rabinovich, J. (2019). The financialisation-offshoring nexus and the capital accumulation of U.S. non-financial firms. Cambridge Journal of Economics, 43(5), 1183-1218, https://doi.org/10.1093/cje/bey058.

Awards

• 2024 CEMLA (Centre for Latin American Monetary Studies) Central Bank Award. Honorary Mention for the paper “Beyond Carry-Trading: New Insights into the Uses of Foreign-Denominated Bond Issuances by Latin American Firms.”
• 2022 REPE (Review of Evolutionary Political Economy) prize to the best article published in the journal during 2021. Award for the paper Corporate financialization’s conservation and transformation: from Mark I to Mark II.
• 2022 EAEPE (European Association for Evolutionary Political Economy) - Herbert Simon Young Scholar Prize Competition. Award for the paper Financialization, shareholder value orientation and short-termism: Evidence from US non-financial corporations 1998 – 2018.