Joseph Stiglitz


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Joseph Stiglitz

An American economist and academic born in 1943. He is most noted for his work on information asymmetry, which summarizes how economic actors use and share information in order to gain advantages in the market. Stiglitz argues, contrary to neo-classical economics, that markets usually are inefficient because information is not spread evenly. He shared the Nobel Prize for Economics in 2001 for this work.
References in periodicals archive ?
The most serious is the failure to address global climate change, argues Joseph Stiglitz for Project Syndicate.
Joseph Stiglitz, two-time Nobel Prize winner, has said that independence of central banks was not necessary.
Despite this thematic approach to organization, he retains the focus on reviewing and comparing the ideas of prominent economists on these issues, including those of Milton Friedman, Friedrich Hayek, Paul Krugman, Robert Lucas, James Meade, Robert Mundell, Paul Samuelson, Joseph Stiglitz, and James Tobin.
LONDON: The future of the euro is bleak unless Europe does more to help to member countries that experience large adverse economic shocks, Nobel Prize winning economist Joseph Stiglitz said.
Other current NBER Research Associates who have received the Clark Medal include Daniel McFadden, Martin Feldstein, Joseph Stiglitz, James Heckman, Jerry Hausman, Sanford Grossman, Paul Krugman, David Card, Kevin Murphy, Andrei Shleifer, Steven Levitt, Daron Acemoglu, Susan Athey, and Emmanuel Saez.
Nobel prize winning economist Joseph Stiglitz and co-author Linda Bilmes have compiled the latest figures.
Joseph Stiglitz might not be aware of the fact, but he currently holds the record as the most frequently reviewed author in African Business' monthly books' pages.
In his estimate of the cost of the Iraq War, should the war continue until 2010, Columbia University economist and 2001 Nobel Prize winner Joseph Stiglitz points to such additional expenses as taking care of 16,000 seriously wounded soldiers for the rest of their lives.
El FMI ha animado a paises como Argentina, Brasil, Indonesia o Rusia a abrir sus mercados a los capitales a corto plazo, incluidos los especulativos, aumentando su vulnerabilidad, denuncia el Premio Nobel de Economia norteamericano Joseph Stiglitz.
With his Nobel Prize for Economics (yep, he's been there and done that: 2001) tucked safely under his arm, Professor Joseph Stiglitz (see p50) has decided to boldly go where no former senior employee of a Bretton Woods institution has gone: into print with exactly what takes place in the minds of policy wonks at the IMP and the World Bank.
But one of the unexpected results of the Asian crisis is that a new coterie of economists has emerged--including not only Krugman but also Joseph Stiglitz of the World Bank, Jeffrey Sachs of Harvard, and Jagdish Bhagwhati of Columbia--who favor some restraints on unadulterated international capitalism precisely because of their internationalism.
Joseph Stiglitz, chairman of Clinton's Council of Economic Advisers, issued the administration's formal response, saying it ``believes it is important to have the most accurate measure possible to ensure that Social Security and other benefits are protected from inflation and to adjust tax brackets to keep our system fair.