Joseph Stiglitz
Dados Biográficos
| ID | 813866 |
|---|---|
| NOME | Joseph Stiglitz |
| PRENOMES | Joseph |
| SOBRENOME | Stiglitz |
| ASSINATURA | STIGLITZ J |
| AFILIAÇÕES | Professor of Economics, Stanford University, Stanford, California. |
| VERIFICADO | Não |
| TOTAL DE OBRAS | 23 |
| TOTAL DE CITAÇÕES | 145 |
| TOTAL COMO AUTOR | 21 |
| TOTAL COMO EDITOR | 3 |
| PRIMEIRO ANO DE PUBLICAÇÃO | 1974 |
| ANO MAIS RECENTE DE PUBLICAÇÃO | 2020 |
| ÍNDICE H | 6 |
Knowledge, Information, and Expectations in Modern Macroeconomics
Why inequality could spread Covid-19
Pandemics rarely affect all people in a uniform way. The Black Death in the 14th century reduced the global population by a third, with the highest number of deaths observed among the poorest populations.1 Densely populated with malnourished and overworked peasants, medieval Europe was a fertile breeding ground for the bubonic plague. Seven centuries on—with a global gross domestic product of almost US$100 trillion—is our world adequately resourc…
Will Covid-19 fiscal recovery packages accelerate or retard progress on climate change?
The COVID-19 crisis is likely to have dramatic consequences for progress on climate change. Imminent fiscal recovery packages could entrench or partly displace the current fossil-fuel-intensive economic system. Here, we survey 231 central bank officials, finance ministry officials, and other economic experts from G20 countries on the relative performance of 25 major fiscal recovery archetypes across four dimensions: speed of implementation, econo…
Tony Atkinson and his Legacy
Tony Atkinson is universally celebrated for his outstanding contributions to the measurement and analysis of inequality, but he never saw the study of inequality as a separate branch of economics. He was an economist in the classical sense, rejecting any sub‐field labelling of his interests and expertise, and he made contributions right across economics. His death on 1 January 2017 deprived the world of both an intellectual giant and a deeply com…
The Quest for Security
The Price of Inequality
El desarrollo no es solo crecimiento del PIB
Este artículo reproduce una de las conferencias de Joseph Stiglitz que dio en la Corporación Financiera Nacional en su última visita al Ecuador. En ella hace un vinculo entre sus investigaciones teóricas y los problemas del desarrollo
Leverage and Asset Bubbles
An iconic model with high leverage and overvalued collateral assets is used to illustrate the amplification mechanism driving asset prices to 'overshoot' equilibrium when an asset bubble burst--threatening widespread insolvency and what Richard Koo calls a 'balance sheet recession'. Besides interest rates cuts, asset purchases and capital restructuring are key to crisis resolution. The usual bankruptcy procedures for doing this fail to internalis…
Edmund Phelps
The contents of a speech given by Stiglitz at the American Economic Association Annual Meetings in New Orleans on January 5, 2008 honoring Edmund Phelps
Innovative Concepts for Alternative Migration Policies
IMISCOE is a European Commission-funded Network of Excellence of more than 350 scientists from various research institutes that specialise in migration and integration issues in Europe. These researchers, who come from all branches of the economic and social sciences, the humanities and law, implement an integrated, multidisciplinary and internationally comparative research programme that focuses on Europe's migration and integration challenges
Globalization and Its Discontents
Knowledge, Information, and Expectations in Modern Macroeconomics
Macroeconomics would not be what it is today without Edmund Phelps. This book assembles the field's leading figures to highlight the continuing influence of his ideas from the past four decades. Addressing the most important current debates in macroeconomic theory, it focuses on the rates at which new technologies arise and information about markets is dispersed, information imperfections, and the heterogeneity of beliefs as determinants of an ec…
The Globalization Wars
Stiglitz y la globalización
Building a Better Umbrella
Other| November 01 1998 Building a Better Umbrella Joseph Stiglitz Joseph Stiglitz Joseph Stiglitz is chief economist of the World Bank. These remarks are excerpted from an address he delivered before the Asian Development Bank in March 1998. Search for other works by this author on: This Site PubMed Google Scholar Current History (1998) 97 (622): 400. https://doi.org/10.1525/curh.1998.97.622.400 Views Icon Views Article contents Figures & tables…
Distinguished Lecture on Economics in Government
Joseph Stiglitz was a member of the Council of Economic Advisers from 1993-95, and chairman of the CEA from 1995 through February 1997.] Today, I want to share with you some of my thoughts about the possibilities and limitations of government. These thoughts are focused around a simple question: Why is it so difficult to implement even Pareto improvements? Working in Washington, I quickly saw that although a few potential changes were strictly Pa…
Reflections on the Natural Rate Hypothesis
Does the deviation of unemployment from some natural rate provide a robust and useful way to predict changes in the inflation rate? Can economists explain why the NAIRU changes over time? Is the NAIRU a useful way to frame policy discussions despite the uncertainty surrounding its precise level? The NAIRU hypothesis passes all three tests. Recent research shows that the NAIRU has fallen dramatically in the last decade. This paper refutes the need…
Post Walrasian and Post Marxian Economics
It is widely believed that the failure of the socialist experiment should have had a devastating effect on radical economics. Yet radical economics is not only alive and well, but flourishing. Years before the official demise of Marxist-socialism, they had broadened their critique of standard economics well beyond the received Marxist literature. Indeed, their arguments offered striking parallels with the mainstream critiques of Walrasian economi…
New and Old Keynesians
The purpose of this paper is to describe one strand of New Keynesian literature which explores how increased flexibility of wages and prices might exacerbate the economy's downturn, and to contrast it with other strands of New Keynesian literature. This strand of literature holds that even if wages and prices were perfectly flexible, output and employment would be highly volatile. It sees the economy as amplifying the shocks that it experiences a…
Project Appraisal and Foreign Exchange Constraints
This article focuses on the complexities involving project appraisals and foreign exchanges in the U.S. It is convenient to suppose that the government simultaneously optimizes with respect to all variables within its control, and it is the implication of this supposition that has been explored in much of the recent literature on project evaluation. But as a model of government behavior it is not persuasive. Moreover, the analysis of government b…
Industrial Structure and the Nature of Innovative Activity
In this paper we attempt to provide an analytical framework relating market structure to the nature of inventive activity. In doing so we have come to modify this neo-Schumpeterian view in a fundamental way. We shall argue that except in the short run both market structure and the nature of inventive activity are endogenous; that the degree of concentration in an industry ought not to be treated as given, as it recently has been in the industrial…
Equilibrium in Competitive Insurance Markets
Equilibrium in Competitive Insurance Markets
Introduction, 629.—I. The basic model, 630.—II. Robustness, 638—III. Conclusion, 648.
Growth with Exhaustible Natural Resources
Joseph Stiglitz; Growth with Exhaustible Natural Resources: Efficient and Optimal Growth Paths12, The Review of Economic Studies, Volume 41, Issue 5, 1 December
Globalization and Its Discontents
Industrial Structure and the Nature of Innovative Activity
In this paper we attempt to provide an analytical framework relating market structure to the nature of inventive activity. In doing so we have come to modify this neo-Schumpeterian view in a fundamental way. We shall argue that except in the short run both market structure and the nature of inventive activity are endogenous; that the degree of concentration in an industry ought not to be treated as given, as it recently has been in the industrial…
Distinguished Lecture on Economics in Government
Joseph Stiglitz was a member of the Council of Economic Advisers from 1993-95, and chairman of the CEA from 1995 through February 1997.] Today, I want to share with you some of my thoughts about the possibilities and limitations of government. These thoughts are focused around a simple question: Why is it so difficult to implement even Pareto improvements? Working in Washington, I quickly saw that although a few potential changes were strictly Pa…
New and Old Keynesians
The purpose of this paper is to describe one strand of New Keynesian literature which explores how increased flexibility of wages and prices might exacerbate the economy's downturn, and to contrast it with other strands of New Keynesian literature. This strand of literature holds that even if wages and prices were perfectly flexible, output and employment would be highly volatile. It sees the economy as amplifying the shocks that it experiences a…
Reflections on the Natural Rate Hypothesis
Does the deviation of unemployment from some natural rate provide a robust and useful way to predict changes in the inflation rate? Can economists explain why the NAIRU changes over time? Is the NAIRU a useful way to frame policy discussions despite the uncertainty surrounding its precise level? The NAIRU hypothesis passes all three tests. Recent research shows that the NAIRU has fallen dramatically in the last decade. This paper refutes the need…
Project Appraisal and Foreign Exchange Constraints
This article focuses on the complexities involving project appraisals and foreign exchanges in the U.S. It is convenient to suppose that the government simultaneously optimizes with respect to all variables within its control, and it is the implication of this supposition that has been explored in much of the recent literature on project evaluation. But as a model of government behavior it is not persuasive. Moreover, the analysis of government b…
Leverage and Asset Bubbles
An iconic model with high leverage and overvalued collateral assets is used to illustrate the amplification mechanism driving asset prices to 'overshoot' equilibrium when an asset bubble burst--threatening widespread insolvency and what Richard Koo calls a 'balance sheet recession'. Besides interest rates cuts, asset purchases and capital restructuring are key to crisis resolution. The usual bankruptcy procedures for doing this fail to internalis…
Post Walrasian and Post Marxian Economics
It is widely believed that the failure of the socialist experiment should have had a devastating effect on radical economics. Yet radical economics is not only alive and well, but flourishing. Years before the official demise of Marxist-socialism, they had broadened their critique of standard economics well beyond the received Marxist literature. Indeed, their arguments offered striking parallels with the mainstream critiques of Walrasian economi…
Growth with Exhaustible Natural Resources
Joseph Stiglitz; Growth with Exhaustible Natural Resources: Efficient and Optimal Growth Paths12, The Review of Economic Studies, Volume 41, Issue 5, 1 December
Equilibrium in Competitive Insurance Markets
Introduction, 629.—I. The basic model, 630.—II. Robustness, 638—III. Conclusion, 648.
Equilibrium in Competitive Insurance Markets
Industrial Structure and the Nature of Innovative Activity
In this paper we attempt to provide an analytical framework relating market structure to the nature of inventive activity. In doing so we have come to modify this neo-Schumpeterian view in a fundamental way. We shall argue that except in the short run both market structure and the nature of inventive activity are endogenous; that the degree of concentration in an industry ought not to be treated as given, as it recently has been in the industrial…
Project Appraisal and Foreign Exchange Constraints
This article focuses on the complexities involving project appraisals and foreign exchanges in the U.S. It is convenient to suppose that the government simultaneously optimizes with respect to all variables within its control, and it is the implication of this supposition that has been explored in much of the recent literature on project evaluation. But as a model of government behavior it is not persuasive. Moreover, the analysis of government b…
Post Walrasian and Post Marxian Economics
It is widely believed that the failure of the socialist experiment should have had a devastating effect on radical economics. Yet radical economics is not only alive and well, but flourishing. Years before the official demise of Marxist-socialism, they had broadened their critique of standard economics well beyond the received Marxist literature. Indeed, their arguments offered striking parallels with the mainstream critiques of Walrasian economi…
New and Old Keynesians
The purpose of this paper is to describe one strand of New Keynesian literature which explores how increased flexibility of wages and prices might exacerbate the economy's downturn, and to contrast it with other strands of New Keynesian literature. This strand of literature holds that even if wages and prices were perfectly flexible, output and employment would be highly volatile. It sees the economy as amplifying the shocks that it experiences a…
Reflections on the Natural Rate Hypothesis
Does the deviation of unemployment from some natural rate provide a robust and useful way to predict changes in the inflation rate? Can economists explain why the NAIRU changes over time? Is the NAIRU a useful way to frame policy discussions despite the uncertainty surrounding its precise level? The NAIRU hypothesis passes all three tests. Recent research shows that the NAIRU has fallen dramatically in the last decade. This paper refutes the need…
Building a Better Umbrella
Other| November 01 1998 Building a Better Umbrella Joseph Stiglitz Joseph Stiglitz Joseph Stiglitz is chief economist of the World Bank. These remarks are excerpted from an address he delivered before the Asian Development Bank in March 1998. Search for other works by this author on: This Site PubMed Google Scholar Current History (1998) 97 (622): 400. https://doi.org/10.1525/curh.1998.97.622.400 Views Icon Views Article contents Figures & tables…
Distinguished Lecture on Economics in Government
Joseph Stiglitz was a member of the Council of Economic Advisers from 1993-95, and chairman of the CEA from 1995 through February 1997.] Today, I want to share with you some of my thoughts about the possibilities and limitations of government. These thoughts are focused around a simple question: Why is it so difficult to implement even Pareto improvements? Working in Washington, I quickly saw that although a few potential changes were strictly Pa…
The Globalization Wars
Stiglitz y la globalización
Knowledge, Information, and Expectations in Modern Macroeconomics
Macroeconomics would not be what it is today without Edmund Phelps. This book assembles the field's leading figures to highlight the continuing influence of his ideas from the past four decades. Addressing the most important current debates in macroeconomic theory, it focuses on the rates at which new technologies arise and information about markets is dispersed, information imperfections, and the heterogeneity of beliefs as determinants of an ec…
Globalization and Its Discontents
Innovative Concepts for Alternative Migration Policies
IMISCOE is a European Commission-funded Network of Excellence of more than 350 scientists from various research institutes that specialise in migration and integration issues in Europe. These researchers, who come from all branches of the economic and social sciences, the humanities and law, implement an integrated, multidisciplinary and internationally comparative research programme that focuses on Europe's migration and integration challenges
Edmund Phelps
The contents of a speech given by Stiglitz at the American Economic Association Annual Meetings in New Orleans on January 5, 2008 honoring Edmund Phelps
Leverage and Asset Bubbles
An iconic model with high leverage and overvalued collateral assets is used to illustrate the amplification mechanism driving asset prices to 'overshoot' equilibrium when an asset bubble burst--threatening widespread insolvency and what Richard Koo calls a 'balance sheet recession'. Besides interest rates cuts, asset purchases and capital restructuring are key to crisis resolution. The usual bankruptcy procedures for doing this fail to internalis…
The Quest for Security
The Price of Inequality
El desarrollo no es solo crecimiento del PIB
Este artículo reproduce una de las conferencias de Joseph Stiglitz que dio en la Corporación Financiera Nacional en su última visita al Ecuador. En ella hace un vinculo entre sus investigaciones teóricas y los problemas del desarrollo
Tony Atkinson and his Legacy
Tony Atkinson is universally celebrated for his outstanding contributions to the measurement and analysis of inequality, but he never saw the study of inequality as a separate branch of economics. He was an economist in the classical sense, rejecting any sub‐field labelling of his interests and expertise, and he made contributions right across economics. His death on 1 January 2017 deprived the world of both an intellectual giant and a deeply com…
Why inequality could spread Covid-19
Pandemics rarely affect all people in a uniform way. The Black Death in the 14th century reduced the global population by a third, with the highest number of deaths observed among the poorest populations.1 Densely populated with malnourished and overworked peasants, medieval Europe was a fertile breeding ground for the bubonic plague. Seven centuries on—with a global gross domestic product of almost US$100 trillion—is our world adequately resourc…
Will Covid-19 fiscal recovery packages accelerate or retard progress on climate change?
The COVID-19 crisis is likely to have dramatic consequences for progress on climate change. Imminent fiscal recovery packages could entrench or partly displace the current fossil-fuel-intensive economic system. Here, we survey 231 central bank officials, finance ministry officials, and other economic experts from G20 countries on the relative performance of 25 major fiscal recovery archetypes across four dimensions: speed of implementation, econo…
Knowledge, Information, and Expectations in Modern Macroeconomics
Economics (18 obras) · Political science (12 obras) · Sociology (9 obras) · Economic theories and models (8 obras) · Economic Theory and Policy (6 obras) · Law (6 obras) · Law and economics (6 obras) · Computer Science (5 obras) · Economic Theory and Institutions (5 obras) · Macroeconomics (4 obras)