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Joseph E. Stiglitz Author info | Abstract | Publisher info | Download info | Related research | Statistics Hoff, Karla
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Joseph E. Stiglitz, 2001 Nobel Laureate in Economics, helped create the theory of markets with asymmetric information and was one of the founders of modern development economics. He played a leading role in an intellectual revolution that changed the characterization of a market economy. In the new paradigm, the price system only imperfectly solves the information problem of scarcity because of the many other information problems that arise in the economy: the selection over hidden characteristics, the provision of incentives for hidden behaviors and for innovation, and the coordination of choices over institutions.
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Paper provided by The World Bank in its series Policy Research Working Paper Series with number
4478.
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Date of creation: 01 Jan 2008Date of revision:
Handle: RePEc:wbk:wbrwps:4478Contact details of provider: Postal: 1818 H Street, N.W., Washington, DC 20433 Email: Web page: http://www.worldbank.org/ More information through EDIRC
For technical questions regarding this item, or to correct its listing, contact: (Roula I. Yazigi).
Keywords: Labor Policies ; Economic Theory&Research ; Debt Markets ; Financial Intermediation ; Other versions of this item:
This paper has been announced in the following NEP Reports :
References listed on IDEAS Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile , click on "citations" and make appropriate adjustments.: Mirrlees, James A, 1971.
"An Exploration in the Theory of Optimum Income Taxation ,"
Review of Economic Studies ,
Blackwell Publishing, vol. 38(114), pages 175-208, April.
[Downloadable!] (restricted)
Shapiro, Carl, 1983.
"Premiums for High Quality Products as Returns to Reputations ,"
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[Downloadable!] (restricted)
Full
references Cited by : (explanations , Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile , click on "citations" and make appropriate adjustments.)
Odd-Helge Fjeldstad & Mick Moore, 2007.
"Taxation and State Building: Poor Countries in a Globalised World ,"
CMI Working Papers
11, CMI (Chr. Michelsen Institute), Bergen, Norway.
[Downloadable!]
Karla Hoff & Joseph E. Stiglitz, 2002.
"After the Big Bang? Obstacles to the Emergence of the Rule of Law in Post-Communist Societies ,"
NBER Working Papers
9282, National Bureau of Economic Research, Inc.
[Downloadable!] (restricted)
Other versions:
Hoff, Karla & Stiglitz, Joseph E., 2002.
"After the Big Bang? Obstacles to the emergence of the rule of law in post-communist societies ,"
Policy Research Working Paper Series
2934, The World Bank.
[Downloadable!] Karla Hoff & Joseph E. Stiglitz, 2002.
"After the Big Bang? Obstacles to the emergence of the rule of law in post-communist societies ,"
Discussion Papers
0203-03, Columbia University, Department of Economics.
[Downloadable!] Karla Hoff & Joseph E. Stiglitz, 2004.
"After the Big Bang? Obstacles to the Emergence of the Rule of Law in Post-Communist Societies ,"
American Economic Review ,
American Economic Association, vol. 94(3), pages 753-763, June.
[Downloadable!] Takane, Tsutomu, 2000.
"Incentives Embedded in Institutions: The Case of Share Contracts in Ghanaian Cocoa Production ,"
The Developing Economies ,
Institute of Developing Economies, Japan External Trade Organization(JETRO), vol. 38(3), pages 374-397, September.
[Downloadable!]
Carnaje, Gideon P., 2007.
"Contractual Arrangements in Philippine Fisheries ,"
Discussion Papers
DP 2007-22, Philippine Institute for Development Studies.
[Downloadable!]
Hoff, Karla & Stiglitz, Joseph E., 2004.
"The transition from communism : a diagrammatic exposition of obstacles to the demand for the rule of law ,"
Policy Research Working Paper Series
3352, The World Bank.
[Downloadable!]
M. Ghaffar Chaudhry, 2001.
"Theory of Optimal Taxation and Current Tax Policy in Pakistan’s Agriculture ,"
The Pakistan Development Review ,
Pakistan Institute of Development Economics, vol. 40(4), pages 489-502.
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Aidan Hollis & Arthur Sweetman, 1997.
"Microcredit in Pre-Famine Ireland ,"
Economic History
9704002, EconWPA.
[Downloadable!]
Other versions: Schady, Norbert R., 2000.
"Picking the poor : indicators for geographic targeting in Peru ,"
Policy Research Working Paper Series
2477, The World Bank.
[Downloadable!]
Other versions: Keefer, Philip, 2004.
"A review of the political economy of governance : from property rights to voice ,"
Policy Research Working Paper Series
3315, The World Bank.
[Downloadable!]
Thierry Tressel, 1999.
"Financial Intermediation and Growth: Long Run Consequences of Capital Market Imperfections ,"
CSEF Working Papers
20, Centre for Studies in Economics and Finance (CSEF), University of Naples, Italy.
[Downloadable!]
Dorothea Schäfer & Boriss Siliverstovs & Eva Terberger, 2005.
"Banking Competition, Good or Bad?: The Case of Promoting Micro and Small Enterprise Finance in Kazakhstan ,"
Discussion Papers of DIW Berlin
479, DIW Berlin, German Institute for Economic Research.
[Downloadable!]
Messick, Richard E, 1999.
"Judicial Reform and Economic Development: A Survey of the Issues ,"
World Bank Research Observer ,
Oxford University Press, vol. 14(1), pages 117-36, February.
[Downloadable!]
Ravallion, 1999.
"Monitoring targeting performance when decentralized allocation to the poor are unobserved ,"
Policy Research Working Paper Series
2080, The World Bank.
[Downloadable!]
Ravallion, Martin, 1998.
"Reaching poor areas in a federal system ,"
Policy Research Working Paper Series
1901, The World Bank.
[Downloadable!]
Aidan Hollis & Arthur Sweetman, 1996.
"The Evolution of A Microcredit Institution: The Irish Loan Funds, 1720 - 1920 ,"
Working Papers
ecpap-96-01, University of Toronto, Department of Economics.
[Downloadable!]
Nabeel A. Goheer, 1999.
"Poverty in Pakistan: Increasing Incidence, Chronic Gender Preponderance, and the Plausibility of Grameen-type Intermediation ,"
The Pakistan Development Review ,
Pakistan Institute of Development Economics, vol. 38(4), pages 873-894.
[Downloadable!]
Ravallion, Martin, 2000.
"Monitoring Targeting Performance When Decentralized Allocations to the Poor Are Unobserved ,"
World Bank Economic Review ,
Oxford University Press, vol. 14(2), pages 331-45, May.
[Downloadable!]
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