NBER Publications by Joseph E. Stiglitz

Contact and additional information for this authorAll publicationsWorking Papers only

Working Papers and Chapters

March 2014Intellectual Property Rights, the Pool of Knowledge, and Innovation
August 2013Optimality and Equilibrium In a Competitive Insurance Market Under Adverse Selection and Moral Hazard
with Jungyoll Yun: w19317
May 2013Optimal Provision of Loans and Insurance Against Unemployment From A Lifetime Perspective
with Jungyoll Yun: w19064
March 2010Leverage and Asset Bubbles: Averting Armageddon with Chapter 11?
with Marcus Miller: w15817
Equilibrium Fictions: A Cognitive Approach to Societal Rigidity
with Karla Hoff: w15776
February 2010Risk and Global Economic Architecture: Why Full Financial Integration May Be Undesirable
January 2009Liaisons Dangereuses: Increasing Connectivity, Risk Sharing, and Systemic Risk
with Stefano Battiston, Domenico Delli Gatti, Mauro Gallegati, Bruce C. Greenwald: w15611
June 2008Financially Constrained Fluctuations in an Evolving Network Economy
with Domenico Delli Gatti, Mauro Gallegati, Bruce C. Greenwald, Alberto Russo: w14112
March 2008Dividend Taxation and Intertemporal Tax Arbitrage
with Anton Korinek: w13858
July 2007Net Worth, Exchange Rates, and Monetary Policy: The Effects of a Devaluation in a Financially Fragile Environment
with Domenico Delli Gatti, Mauro Gallegati, Bruce C. Greenwald: w13244
February 2006The Economic Costs of the Iraq War: An Appraisal Three Years After the Beginning of the Conflict
with Linda Bilmes: w12054
January 2006Growth, Initial Conditions, Law and Speed of Privatization in Transition Countries: 11 Years Later
with Sergio Godoy: w11992
November 2005The Creation of the Rule of Law and the Legitimacy of Property Rights: The Political and Economic Consequences of a Corrupt Privatization
with Karla Hoff: w11772
October 2002After the Big Bang? Obstacles to the Emergence of the Rule of Law in Post-Communist Societies
with Karla Hoff: w9282
September 2002Integration of Unemployment Insurance with Retirement Insurance
with Jungyoll Yun: w9199
May 1997Discouraging Rivals: Managerial Rent-Seeking and Economic Inefficiencies
with Aaron S. Edlin: w4145
August 1995Information and Economic Efficiency
with Richard Arnott, Bruce Greenwald: w4533
July 1995Randomization in Optimal Income Tax Schedules
with Dagobert L. Brito, Jonathan H. Hamilton, Steven M. Slutsky: w3289
January 1994Asymmetric Information and the New Theory of the Firm: Financial Constraints and Risk Behavior
with Bruce C. Greenwald: w3359
The Role of Exclusive Territories in Producers' Competition
with Patrick Rey: w4618
December 1993Banks versus Markets as Mechanisms for Allocating and Coordinating Investment
October 1993Short-Term Contracts as a Monitoring Device
with Patrick Rey: w4514
September 1993New and Old Keynesians
with Bruce Greenwald: r1810
Capital Markets and Economic Fluctuations in Capitalist Economies
July 1993Methodological Issues and the New Keynesian Economics
May 1993Financial Market Imperfections and Business Cycles
with Bruce C. Greenwald: w2494
Equilibrium Unemployment as a Worker Screening Device
with Barry Nalebuff, Andres Rodriguez: w4357
March 1993Endogenous Growth and Cycles
December 1992Information, Finance, and Markets: The Architecture of Allocative Mechanisms
with Bruce C. Greenwald: w3652
October 1992Macroeconomic Models with Equity and Credit Rationing
with Bruce C. Greenwald: w3533
September 1992Some Theoretical Aspects of the Privatization: Applications to Eastern Europe
July 1992Towards a Reformulation of Monetary Theory: Competitive Banking
with Bruce Greenwald: w4117
November 1991Pareto Efficient Tax Structures
with Dagobert L. Brito, Jonathan H. Hamilton, Steven M. Slutsky: w3288
October 1991Dynamic Optimal Income Taxation with Government Commitment
with Dagobert L. Brito, Jonathan H. Hamilton, Steven M. Slutsky: w3265
April 1991The Welfare Economics of Moral Hazard
with Richard Arnott: w3316
Government, Financial Markets, and Economic Development
March 1991The Invisible Hand and Modern Welfare Economics
Price Equilibrium, Efficiency, and Decentralizability in Insurance Markets
with Richard Arnott: w3642
January 1991Financial Market Imperfections and Productivity Growth
with Bruce C. Greenwald: w2945
Equilibrium in Competitive Insurance Markets with Moral Hazard
with Richard Arnott: w3588
The Pure Theory of Country Risk
with Jonathan Eaton, Mark Gersovitz
in International Volatility and Economic Growth: The First Ten Years of The International Seminar on Macroeconomics, Georges de Ménil and Robert J. Gordon, editors
November 1990Sorting Out the Differences Between Signaling and Screening Models
with Andrew Weiss: t0093
October 1990Sources of Technological Divergence between Developed and Less Developed Economies
with Raaj Kumar Sah: r1455
April 1990Money, Credit, and Business Fluctuations
March 1990Implicit Contracts, Labor Mobility and Unemployment
with Richard J. Arnott, Arthur Hosios: w2316
February 1990The Basic Analytics of Moral Hazard
with Richard J. Arnott: w2484
Vertical Restraints and Producers' Competition
with Patrick Rey: w2601
Toward a Theory of Rigidities
with Bruce C. Greenwald: w2938
The Informational Content of Initial Public Offerings
with Ian Gale: w3259
January 1990Markets and Development
Incentives, Information, and Organizational Design
Macroeconomic Models with Equity and Credit Rationing
with Bruce C. Greenwald
in Asymmetric Information, Corporate Finance, and Investment, R. Glenn Hubbard, editor
December 1989A Simple Proof That Futures Markets are Almost Always Informationally Inefficient
with Ian Gale: w3209
April 1989Pareto Inefficiency of Market Economies: Search and Efficiency Wage Models
with Bruce Greenwald: w2651
December 1988Pareto Efficient and Optimal Taxation and the New New Welfare Economics
October 1988The Wage-Productivity Hypothesis: Its Economic Consequences and Policy Implications.
September 1988Banks as Social Accountants and Screening Devices for the Allocation of Credit
with Andrew Weiss: w2710
July 1988Dysfunctional Non-Market Institutions and the Market
with Richard J. Arnott: w2666
June 1988Taxation and Pricing of Agricultural and Industrial Goods
with Raaj Kumar Sah: w1338
Privatization, Information and Incentives
with David E. M. Sappington: w2196
February 1988The General Theory of Tax Avoidance
Randomization with Asymmetric Information
with Richard J. Arnott: w2507
1988The Invariance of R&D to the Number of Firms in the Industry
with Raaj Kumar Sah: w1798
Imperfect Information, Credit Markets and Unemployment
with Bruce C. Greenwald: w2093
Keynesian, New Keynesian, and New Classical Economics
with Bruce C. Greenwald: w2160
December 1987Information and Multi-Period Optimal Income Taxation with Government Commitment
with Dagobert L. Brito, Jonathan H. Hamilton, Steven M. Slutsky: w2458
March 1987Money, Imperfect Information and Economic Fluctuations
with Bruce Greenwald: w2188
February 1987The Architecture of Economic Systems: Hierarchies and Polyarchies
with Raaj Kumar Sah: w1334
1987Macro-Economic Equilibrium and Credit Rationing
with Andrew Weiss: w2164
Project Appraisal and Foreign Exchange Constraints: A Simple Exposition
with Charles R. Blitzer, Partha Dasgupta: w2165
December 1986The Pure Theory of Country Risk
with Jonathan Eaton, Mark Gersovitz: w1894
September 1986Economics of Information and the Theory of Economic Development
August 1986Some Aspects of the Taxation of Capital Gains
Moral Hazard and Optimal Commodity Taxation
with Richard J. Arnott: w1154
Equilibrium Wage Distributions
July 1986The Social Cost of Labor, and Project Evaluation: A General Approach
with Raaj Kumar Sah: w1229
June 1986Theories of Wage Rigidity
1985Informational Imperfections in the Capital Market and Macro-Economic Fluctuations
with Bruce C. Greenwald, Andrew Weiss: w1335
August 1984The Economics of Price Scissors
with Raaj Kumar Sah: w1156
July 1984On the Relevance or Irrelevance of Public Financial Policy: Indexation,Price Rigidities and Optimal Monetary Policy
June 1984Towards A Reconstruction of Keynesian Economics: Expectations and Constrained Equilibria
with J. Peter Neary: w0376
The Theory of Local Public Goods Twenty-Five Years After Tiebout: A Perspective
March 1984Pecuniary & Market Mediated Externalities: Towards a General Theory of the Welfare Economics & Economies with Imperfect Information & Incomplete Mrkts
with Bruce C. Greenwald: w1304
November 1983Public Goods in Open Economies with Heterogeneous Individuals
July 1983The Rate of Discount for Benefit-Cost Analysis and Theory of the Second Best
June 1983Money, Credit Constraints, and Economic Activity
with Alan S. Blinder: w1084
1983On the Relevance or Irrelevance of Public Financial Policy
December 1982Information and Capital Markets
November 1982Utilitarianism and Horizontal Equity: The Case for Random Taxation
August 1982Self-Selection and Pareto Efficient Taxation
May 1982Stochastic Capital Theory I. Comparative Statics
with William A. Brock, Michael Rothschild: t0023
1982Pareto Optimality and Competition
December 1981The Taxation of Exhaustible Resources
with Partha Dasgupta, Geoffrey Heal: w0436
November 1981Energy Resources and Research and Development
with Partha Dasgupta, Richard Gilbert: r0218
On the Almost Neutrality of Inflation: Notes on Taxation and the Welfare Costs of Inflation
September 1981Equality, Taxation, and Inheritance
August 1981Potential Competition May Reduce Welfare
Aggregate Land Rents and Aggregate Transport Costs
with Richard J. Arnott: w0523
May 1981On Search and Equilibrium Price Distributions
April 1981Uncertainty, Industrial Structure, and the Speed of R&D
with Partha Dasgupta: r0156
December 1980On the Impossibility of Informationally Efficient Markets
with Sanford J. Grossman: r0121
Stockholder Unanimity in Making Production and Financial Decisions
with Sanford J. Grossman: r0122
Industrial Structure and the Nature of Innovative Activity
with Partha Dasgupta: r0124
November 1980Aggregate Land Rents, Expenditure on Public Goods, and Optimal City Size
with Richard J. Arnott: r0102
August 1980Intergenerational Transfers and Inequality
with D.L. Bevan: r0076
A Neoclassical Analysis of the Economics of Natural Resources
Some Further Remarks on Cost-Benefit Analysis
1978Conference on Research in Taxation: Introduction
with Michael J. Boskin
in Research in Taxation, Michael J. Boskin, ed.
Notes on Estate Taxes, Redistribution, and the Concept of Balanced Growth Path Incidence
in Research in Taxation, Michael J. Boskin, ed.
October 1976Some Lessons from the New Public Finance
with Michael J. Boskin: w0151

Contact and additional information for this authorAll publicationsWorking Papers only


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