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Financial Market Imperfections and Productivity Growth
Greenwald, Bruce C.; Stiglitz, Joseph E. - Institutet för Näringslivsforskning (IFN) - 1989
This paper examines the impact of financial market imperfections on long-term productivity growth. It focuses on failures in markets for the sale of equity securities and hence on the failure of markets which help firms diversify the risks of real investment. The paper examines separately...
Persistent link: https://www.econbiz.de/10010684473
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Financial Market Imperfections and Productivity Growth
Greenwald, Bruce C.; Stiglitz, Joseph E. - 1989
This paper examines the impact of financial market imperfections on long-term productivity growth. It focuses on failures in markets for the sale of equity securities and hence on the failure of markets which help firms diversify the risks of real investment. The paper examines separately...
Persistent link: https://www.econbiz.de/10010334893
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Risk and Global Economic Architecture: Why Full Financial Integration May Be Undesirable
Stiglitz, Joseph E. - In: American Economic Review 100 (2010) 2, pp. 388-92
Persistent link: https://www.econbiz.de/10008584547
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Qualitative properties of profit-maximizing k-out-of-n systems subject to two kinds of failures
Sah, Raaj Kumar; Stiglitz, Joseph E. - 1988
Persistent link: https://www.econbiz.de/10000124914
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Credit rationing, tenancy, productivity, and the dynamics of inequality
Braverman, Avishay; Stiglitz, Joseph E. - 1989
Persistent link: https://www.econbiz.de/10000125489
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Financial market imperfections and productivity growth
Greenwald, Bruce C. N.; Stiglitz, Joseph E. - 1989
Persistent link: https://www.econbiz.de/10000127004
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Discouraging rivals : managerial rent seeking and economic inefficiencies
Stiglitz, Joseph E.; Edlin, Aaron S. - 1992
Persistent link: https://www.econbiz.de/10000136741
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Information and economic efficiency
Arnott, Richard - 1993
Persistent link: https://www.econbiz.de/10000880520
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Price equilibrium, efficiency and decentralizability in insurance markets with moral hazard
Arnott, Richard; Stiglitz, Joseph E. - 1993
Persistent link: https://www.econbiz.de/10000880743
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Moneylenders and bankers : fragmented credit markets with monopolistic competition
Hoff, Karla Ruth; Stiglitz, Joseph E. - 1993
Persistent link: https://www.econbiz.de/10000880939