theme in Joe Stiglitz monumental work, namely, the analysis of economies characterised by persistent learning and …This work, which shall contribute to the Fest "A Just Society: Honouring Joseph Stiglitz", discusses a major unifying … beyond Schumpeterian concerns. In this short essay, we shall illustrate this point with reference to some of Stiglitz works …

observe that (i) all the relevant information in the learning dynamics is encoded in the input decisions; (ii) firms are able …Consider a multi-sector general equilibrium model where firms have incomplete information about the returns to scale of … their production and where that information is sequentially updated once real production is observed. What is the impact of …

After the publication of Keynes' "General Theory," economics was frequently described as schizophrenia: (neo … or reclassified in the neoclassical synthesis. Keynes' General Theory is truly general. It includes the full … recent results in behavioral economics. Keynes' macroeconomics is the result of his microeconomics. Keynes' theory is a …

Keynes' main concern in the General Theory is about the capacity of an economy to return to a full employment …

Keynes' main concern in the General Theory is about the capacity of an economy to return to a full employment …

Keynes' main concern in the General Theory is about the capacity of an economy to return to a full employment …