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Risk and Global Economic Architecture : Why Full Financial Integration May Be Undesirable
Stiglitz, Joseph E. - 2010
superior. The intuition is simple: if underlying technologies are not convex, then risk-sharing can lower expected utility. The … likelihood of a bankruptcy cascade, "contagion," and systemic risk …
Persistent link: https://www.econbiz.de/10013148101
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Stochastic Capital Theory I. Comparative Statics
Brock, William A.; Rothschild, Michael; Stiglitz, Joseph E. - 2021
Introductory lectures on capital theory often begin by analyzing the following problem: I have a tree which will be …
Persistent link: https://www.econbiz.de/10013218338
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Pareto inefficiency of market economies : search and efficiency wage models
Greenwald, Bruce C. N. - In: The American economic review 78 (1988) 2, pp. 351-355
Persistent link: https://www.econbiz.de/10001046719
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Risk and global economic architecture : why full financial integration may be undesirable
Stiglitz, Joseph E. - In: The American economic review 100 (2010) 2, pp. 388-392
Persistent link: https://www.econbiz.de/10008748222
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After the Big Bang? : Obstacles to the emergence of the rule of law in post-communist societies
Hoff, Karla Ruth; Stiglitz, Joseph E. - In: The American economic review 94 (2004) 3, pp. 753-763
Persistent link: https://www.econbiz.de/10002170056
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Information and the change in paradigm in economics
Stiglitz, Joseph E. - In: The American economic review 92 (2002) 3, pp. 460-501
Persistent link: https://www.econbiz.de/10001697120
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Liberalization, moral hazard in banking, and prudential regulation : are capital requirements enough?
Hellmann, Thomas; Murdock, Kevin C.; Stiglitz, Joseph E. - In: The American economic review 90 (2000) 1, pp. 147-165
Persistent link: https://www.econbiz.de/10001471655
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Discouraging rivals : managerial rent-seeking and economic inefficiencies
Edlin, Aaron S. - In: The American economic review 85 (1995) 5, pp. 1301-1312
Persistent link: https://www.econbiz.de/10001202021
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Moral hazard and nonmarket institutions : dysfunctional crowding out or peer monitoring?
Arnott, Richard - In: The American economic review 81 (1991) 1, pp. 179-190
Persistent link: https://www.econbiz.de/10001104507
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Asymmetric information and the new theory of the firm : financial constraints and risk behavior
Greenwald, Bruce C. N. - In: The American economic review 80 (1990) 2, pp. 160-165
Persistent link: https://www.econbiz.de/10001085493