249 Results for “stiglitz”
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Conference Session
Is Mercantilism Doomed to Fail? China, Germany, and Japan and the Exhaustion of Debtor Countries
Apr 12, 2012 | 10:00—12:10
A country that produces goods of high quality at a competitive price is likely to be rewarded for its ingenuity with a trade surplus. Small countries often achieve great development success through export-led growth. At the same time, the entire economic system must be balanced.
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Conference Session
What is Development?
Apr 5, 2013 | 08:30—09:15
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Conference Session
Inequality in China, India and America: Causes and Consequences
Apr 5, 2013 | 05:15—06:45
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Conference Session
Finance and the Real Economy
Apr 11, 2014 | 05:15—06:30
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Working Paper
Conference paperPseudo-wealth Fluctuations and Aggregate Demand Effects
Apr 2015
This paper presents a theory of pseudo-wealth in a model that displays aggregate demand externalities.
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Conference Session
Yanis Varoufakis Interviewed by Joseph Stiglitz
Apr 8, 2015 | 09:15—10:00
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Article
The Fairness of Markets
Sep 28, 2015
A student of microeconomics learns that any desirable efficient market allocation can be sustained by a competitive equilibrium (the Second Theorem of Welfare Economics), given appropriate lump-sum wealth redistributions. This is typically understood as a means to correct unfair market outcomes. What are the real world implications of the second theorem? How well does it address distributional concerns?
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Working Paper
Working paperTowards a General Theory of Deep Downturns
Aug 2015
This paper, an extension of the Presidential Address to the International Economic Association, evaluates alternative strands of macro-economics in terms of the three basic questions posed by deep downturns: What is the source of large perturbations? How can we explain the magnitude of volatility? How do we explain persistence?
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Article
Joseph Stiglitz: “Deep-seatedly wrong” economic thinking is killing Greece
Aug 19, 2015
The latest austerity deal is terrible for Greece and Europe.
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Article
Greece, Europe, and the Future: The Institute Perspective
Jul 8, 2015
The thunder from the Greek “No” vote in the referendum on Sunday, July 5 continues to roll around the world.
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Article
How German Economists Really Think
Jul 7, 2015
A survey on behalf of the Sueddeutsche Zeitung indicates that German economists are much more American in their thinking than is presumed – with a rising trend.
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Article
Europe’s Attack on Greek Democracy
Jun 30, 2015
The rising crescendo of bickering and acrimony within Europe might seem to outsiders to be the inevitable result of the bitter endgame playing out between Greece and its creditors. In fact, European leaders are finally beginning to reveal the true nature of the ongoing debt dispute, and the answer is not pleasant: it is about power and democracy much more than money and economics.
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Video
It's Time to Get Radical on Inequality
Jun 25, 2015
America’s economic system has failed by not raising living standards for most.
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Working Paper
Working Paper SeriesUnemployment and Innovation
Jan 2014
This paper analyzes equilibrium, dynamics, and optimal decisions on the factor bias of innovation in a model of induced innovation.
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Article
Why journal editors should commission history papers for their anniversary issues
Apr 23, 2015
Writing the history of economic journals is not merely a way to reconstruct the development of new fields and new approaches to economics. It also recasts current debates on peer-review, retractions, open-access, replicability, and bias in scientific publishing in a wider perspective. It answers important questions on the influence of editors, publishers and referees on the development or marginalization of various economic approaches. But such endeavour requires the preservation of journals’ archives, the recognition of historical expertise, and economists’ adoption of a more relaxed and humble approach to their history.