Toward a just society Joseph Stiglitz and twenty-first century economics

This collection of essays reflects on how modern economics has been shaped by Joseph Stiglitz. High-profile authors spanning microeconomics, macroeconomics, inequality, development, law and economics, and public policy take up the central debates and discoveries of the field and provide insights on...

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Bibliographic Details
Other Authors: Guzman, Martin (Editor), Stiglitz, Joseph E., ([Gefeierte/Gefeierter])
Format: eBook
Language:English
Published: New York, NY ; Chichester, West Sussex Columbia University Press 2018, ©2018
Subjects:
Online Access:
Collection: DeGruyter MPG Collection - Collection details see MPG.ReNa
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245 0 0 |a Toward a just society  |h Elektronische Ressource  |b Joseph Stiglitz and twenty-first century economics  |c edited by Martin Guzman 
260 |a New York, NY ; Chichester, West Sussex  |b Columbia University Press  |c 2018, ©2018 
300 |a XIII, 556 pages 
505 0 |a Introduction / Martin Guzman -- Part I. Inequality. A firm-level perspective on the role of rents in the rise in inequality / Jason Furman and Peter Orszag -- Parents, children, and luck : equality of opportunity and equality of outcome / Ravi Kanbur -- The middle muddle : conceptualizing and measuring the global middle class / Arun Jayadev, Rahul Lahoti, and Sanjay Reddy -- Part II. Microeconomics. Companies are seldom as good or as bad as they seem at the time / Gary Smith -- What's so special about two-sided markets? / Benjamin E. Hermalin and Michael L. Katz -- Missing money and missing markets : application to electricity markets / David Newbery -- Part III. Macroeconomics. Thoughts on DSGE macroeconomics : matching the moment, but missing the point? / Anton Korinek -- The "Schumpeterian" and the "Keynesian" Stiglitz : learning, coordination hurdles, and growth trajectories / Giovanni Dosi and Maria Enrica Virgillito -- Deleterious effects of sustained deficit spending / Edmund Phelps -- The rediscovery of financial market imperfections / John C. Williams -- Ambiguity and international risk-sharing / Brian Hill and Tomasz Michalski -- Part IV. Networks. Use and abuse of network effects / Hal Varian -- Financial contagion revisited / Franklin Allen and Douglas Gale -- The economics of information and financial networks / Stefano Battiston -- Part V. Development. Joseph Stiglitz and China's transition success / Justin Yifu Lin -- The sources of Chinese economic growth since 1978 / Lawrence J. Lau -- Knowledge as a global common and the crisis of the learning economy / Ugo Pagano -- Part VI. Law and economics. Conservatism and switcher's curse / Aaron Edlin -- The "inner logic" of institutional evolution : towards a theory of the relationship between formal and informal law / Antara Haldar -- 
505 0 |a Part VII. Public policies. Joe Stiglitz and representative and equitable global governance / Jose Antonio Ocampo -- The fiscal opacity cycle: how America hid the cost of the wars in Iraq and Afghanistan / Linda J. Bilmes -- It works in practice, but would it work in theory? : Joseph Stiglitz's contribution to our understanding of income contingent loans / Bruce Chapman -- The public economics of long-term care / Pierre Piesteau and Gregory Ponthiere -- Jomo E. Stiglitz : Kenya's first nobel laureate in economics / Celestin Monga -- List of contributors -- Index 
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520 3 |a This collection of essays reflects on how modern economics has been shaped by Joseph Stiglitz. High-profile authors spanning microeconomics, macroeconomics, inequality, development, law and economics, and public policy take up the central debates and discoveries of the field and provide insights on the future directions of academic economics.