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  • 1
    ISBN: 9780231527613
    Language: English
    Pages: 1 Online-Ressource
    Parallel Title: Erscheint auch als Ostry, Jonathan David, 1962 - Confronting inequality
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    Keywords: Einkommensverteilung ; Verteilungspolitik ; Funktionelle Einkommensverteilung ; Wirtschaftspolitik ; Entwicklung ; Welt ; Equality Economic aspects ; Income distribution ; Economic development ; Economic development. ; Equality. ; Income distribution. ; BUSINESS & ECONOMICS / Money & Monetary Policy ; Verteilungsgerechtigkeit ; Wirtschaftsentwicklung
    Abstract: Inequality has drastically increased in many countries around the globe over the past three decades. The widening gap between the very rich and everyone else is often portrayed as an unexpected outcome or as the tradeoff we must accept to achieve economic growth. In this book, three International Monetary Fund economists show that this increase in inequality has in fact been a political choice-and explain what policies we should choose instead to achieve a more inclusive economy.Jonathan D. Ostry, Prakash Loungani, and Andrew Berg demonstrate that the extent of inequality depends on the policies governments choose-such as whether to let capital move unhindered across national boundaries, how much austerity to impose, and how much to deregulate markets. While these policies do often confer growth benefits, they have also been responsible for much of the increase in inequality. The book also shows that inequality leads to weaker economic performance and proposes alternative policies capable of delivering more inclusive growth. In addition to improving access to health care and quality education, they call for redistribution from the rich to the poor and present evidence showing that redistribution does not hurt growth. Accessible to scholars across disciplines as well as to students and policy makers, Confronting Inequality is a rigorous and empirically rich book that is crucial for a time when many fear a new Gilded Age
    URL: Volltext  (lizenzpflichtig)
    URL: Cover
    URL: Cover
    URL: Cover  (lizenzpflichtig)
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  • 2
    ISBN: 9780231546805
    Language: English
    Pages: 1 Online-Ressource (xiii, 556 Seiten)
    Parallel Title: Erscheint auch als Celebration of Joseph E. Stiglitz's 50 Years of Teaching (2015) Toward a just society
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    Keywords: Stiglitz, Joseph E. ; Soziale Ungleichheit ; Mikroökonomik ; Makroökonomik ; Netzwerkökonomik ; Entwicklungstheorie ; Rechtsökonomik ; Wirtschaftspolitik ; Economic development ; Finance ; Poverty ; Social policy ; Economic development ; Finance ; Poverty ; Social policy ; Economic development. ; Finance. ; Poverty. ; Social policy. ; BUSINESS & ECONOMICS / Economics / Macroeconomics ; Festschrift ; Konferenzschrift ; Stiglitz, Joseph E. 1943- ; Wirtschaftstheorie
    Abstract: Joseph Stiglitz is one of the world’s greatest economists. He has made fundamental contributions to economic theory in areas such as inequality, the implications of imperfect and asymmetric information, and competition, and he has been a major figure in policy making, a leading public intellectual, and a remarkably influential teacher and mentor. This collection of essays influenced by Stiglitz’s work celebrates his career as a scholar and teacher and his aspiration to put economic knowledge in the service of creating a fairer world.Toward a Just Society brings together a range of essays whose breadth reflects how Stiglitz has shaped modern economics. The contributions to this volume, all penned by high-profile authors who have been guided by or collaborated with Stiglitz over the last five decades, span microeconomics, macroeconomics, inequality, development, law and economics, and public policy. Touching on many of the central debates and discoveries of the field and providing insights on the directions that academic economics could take in the future, Toward a Just Society is an extraordinary celebration of the many paths Stiglitz has opened for economics, politics, and public life.
    Note: Frontmatter -- ; Contents -- ; Preface , Introduction , PART I: Inequality -- ; 1. A Firm-Level Perspective on the Role of Rents in the Rise in Inequality , 2. Parents, Children, and Luck: Equality of Opportunity and Equality of Outcome , 3. The Middle Muddle: Conceptualizing and Measuring the Global Middle Class , PART II: Microeconomics -- ; 4. Companies Are Seldom as Good or as Bad as They Seem at the Time , 5. What’s So Special About Two-Sided Markets? , 6. Missing Money and Missing Markets in the Electricity Industry , 7. Thoughts on DSGE Macroeconomics: Matching the Moment, But Missing the Point? , 8. The “Schumpeterian” and the “Keynesian” Stiglitz: Learning, Coordination Hurdles, and Growth Trajectories , 9. Deleterious Effects of Sustained Deficit Spending , 10. The Rediscovery of Financial Market Imperfections , PART IV: Networks -- ; 12. Use and Abuse of Network Effects , 13. Financial Contagion Revisited , 14. The Economics of Information and Financial Networks , PART V: Development -- ; 15. Joseph Stiglitz and China’s Transition Success , 16. The Sources of Chinese Economic Growth Since 1978 , 17. Knowledge as a Global Common and the Crisis of the Learning Economy , 18. Conservatism and Switcher’s Curse , 19. The “Inner Logic” of Institutional Evolution: Toward a Theory of the Relationship Between Formal and “Informal” Law , PART VII: Public Policies -- ; 20. Joe Stiglitz and Representative and Equitable Global Governance , 21. The Fiscal Opacity Cycle: How America Hid the Costs of the Wars in Iraq and Afghanistan , 22. It Works in Practice, But Would It Work in Theory? Joseph Stiglitz’s Contribution to Our Understanding of Income Contingent Loans , 23. The Public Economics of Long-Term Care , 24. Jomo E. Stiglitz: Kenya’s First Nobel Laureate in Economics , List of Contributors -- ; Index , Mode of access: Internet via World Wide Web. , In English
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