Risk and Global Economic Architecture: Why Full Financial Integration May Be Undesirable

被引:112
作者
Stiglitz, Joseph E. [1 ,2 ]
机构
[1] Columbia Univ, New York, NY 10027 USA
[2] Brooks World Poverty Inst, Manchester, Lancs, England
关键词
D O I
10.1257/aer.100.2.388
中图分类号
F [经济];
学科分类号
02 ;
摘要
引用
收藏
页码:388 / 392
页数:5
相关论文
共 11 条
[1]   Financial contagion [J].
Allen, F ;
Gale, D .
JOURNAL OF POLITICAL ECONOMY, 2000, 108 (01) :1-33
[2]  
[Anonymous], 2003, NEW PARADIGM MONETAR
[3]  
BATTISTON S, 2009, E EC ASS M NEW YORK
[4]   The Asymmetric Effect of Diffusion Processes: Risk Sharing and Contagion [J].
Gallegati, Mauro ;
Greenwald, Bruce ;
Richiardi, Matteo G. ;
Stiglitz, Joseph E. .
GLOBAL ECONOMY JOURNAL, 2008, 8 (03)
[5]   Business fluctuations in a credit-network economy [J].
Gatti, Domenico Delli ;
Gallegati, Mauro ;
Greenwald, Bruce ;
Russo, Alberto ;
Stiglitz, Joseph E. .
PHYSICA A-STATISTICAL MECHANICS AND ITS APPLICATIONS, 2006, 370 (01) :68-74
[6]   EXTERNALITIES IN ECONOMIES WITH IMPERFECT INFORMATION AND INCOMPLETE MARKETS [J].
GREENWALD, BC ;
STIGLITZ, JE .
QUARTERLY JOURNAL OF ECONOMICS, 1986, 101 (02) :229-264
[7]   FINANCIAL MARKET IMPERFECTIONS AND BUSINESS CYCLES [J].
GREENWALD, BC ;
STIGLITZ, JE .
QUARTERLY JOURNAL OF ECONOMICS, 1993, 108 (01) :77-114
[8]  
Haldane A., 2009, COMMUNICATION 0428
[9]   PARETO INFERIOR TRADE [J].
NEWBERY, DMG ;
STIGLITZ, JE .
REVIEW OF ECONOMIC STUDIES, 1984, 51 (01) :1-12
[10]  
Stiglitz J., J GLOBALIZA IN PRESS