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Principles of macroeconomics

Stiglitz, Joseph E.; Walsh, Carl E. - 2002 - 3. ed.

Persistent link: https://www.econbiz.de/10013487642

Principles of macroeconomics

Stiglitz, Joseph E. - 1993 - 1. ed

Persistent link: https://www.econbiz.de/10013487652

Short-Term Contracts as a Monitoring Device

Rey, Patrick; Stiglitz, Joseph E. - 2021

This paper focuses on two separate problems. The first is that frequently, the most profitable use of funds involves long-term investments, which militiates for long-term debt contracts. The second problem is to monitor the investor's use of funds, as exemplified by the U.S. S&L saga, and we...

Persistent link: https://www.econbiz.de/10013230189

Die innovative Gesellschaft : wie Fortschritt gelingt und warum grenzenloser Freihandel die Wirtschaft bremst

Stiglitz, Joseph E.; Greenwald, Bruce C. N. - 2015

Persistent link: https://www.econbiz.de/10014010741

Rational Heuristics? Expectations and Behaviors in Evolving Economies with Heterogeneous Interacting Agents

Dosi, Giovanni; Napoletano, Mauro; Roventini, Andrea; … - 2022

We analyze the individual and macroeconomic impacts of heterogeneous expectations and action rules within an agent-based model populated by heterogeneous, interacting firms. Agents have to cope with a complex evolving economy characterized by deep uncertainty resulting from technical change,...

Persistent link: https://www.econbiz.de/10013307859

Towards a Dynamic Disequilibrium Theory with Randomness

Guzman, Martin; Stiglitz, Joseph E. - 2022

present a dynamic disequilibrium theory with randomness that is based on the premise that a better way to understand deep … coherent theory of how it is attained, the incompleteness of markets and the non-stationarity of the stochastic processes … describing the economy. We analyze the policy implications of this alternative theory, which typically differ markedly from those …

Persistent link: https://www.econbiz.de/10013309631

The Invisible Hand and Modern Welfare Economics

Stiglitz, Joseph E. - 2021

This paper reviews and puts into perspective recent work reassessing the first and second Fundamental Theorems of Welfare Economics. It assesses the implications of the Greenwald-Stiglitz theorem establishing the (constrained) Pareto inefficiency of market economies with imperfect information...

Persistent link: https://www.econbiz.de/10013311178

Climate change and growth

Stern, Nicholas H.; Stiglitz, Joseph E. - In: Industrial and corporate change 32 (2023) 2, pp. 277-303

Persistent link: https://www.econbiz.de/10014313810

Privatization : Successes and Failures

Roland, Gérard (contributor); … - 2008

The privatization of large state-owned enterprises is one of the most radical policy developments of the last quarter century. Right-wing governments have privatized in an effort to decrease the size of government, while left-wing governments have privatized either to compensate for the failures...

Persistent link: https://www.econbiz.de/10014488331

The Economics of Information in a World of Disinformation : A Survey Part 1

Stiglitz, Joseph E.; Kosenko, Andrew - National Bureau of Economic Research - 2024

their informational consequences may have lowered welfare. Surveying both theory and applications, we review the main …

Persistent link: https://www.econbiz.de/10014468249