Risk and global economic architecture: Why full financial integration may be undesirable

American Economic Review

Volumn 100, Issue 2, 2010, Pages 388-392

  Stiglitz, Joseph E ^a,b  

^a Och Spine at New York Presbyterian Hospitals   (United States)

^b UNIVERSITY OF MANCHESTER   (United Kingdom)

Author keywords

[No Author keywords available]

Indexed keywords

EID: 77956130694     PISSN: 00028282     EISSN: None     Source Type: Journal    
DOI: 10.1257/aer.100.2.388     Document Type: Conference Paper

References (11)

1. Allen, Franklin, and Douglas Gale. 2000. "Financial Contagion." Journal of Political Economy, 108(1): 1-33.
2. Battiston, Stefano, Domenico Delli Gatti, Mauro Gallegati, Bruce Greenwald, and Joseph E. Stiglitz. 2009. "Liaisons Dangereuses: Increasing Connectivity, Risk Sharing, and Systemic Risk." Paper presented at the Eastern Economic Association Meetings, New York.
3. Delli Gatti, Domenico, Mauro Gallegati, Bruce Greenwald, Alberto Russo, and Joseph E. Stiglitz. 2006. "Business fluctuations in a credit-network economy." Physica A, 370(1): 68-74.
4. Gallegati, Mauro, Bruce Greenwald, Matteo G. Richiardi, and Joseph E. Stiglitz. 2008. "The Asymmetric Effect of Diffusion Processes: Risk Sharing and Contagion." Global Economy Journal, 8(3). http://www.bepress.com/gej/ vol8/iss3/2.
5. Greenwald, Bruce, and Joseph E. Stiglitz. 1986 "Externalities in Economies with Imperfect Information and Incomplete Markets." Quarterly Journal of Economics, 101(2): 229-264
6. Greenwald, Bruce, and Joseph E. Stiglitz. 1993. "Financial Market Imperfections and Business Cycles." Quarterly Journal of Economics, 108(1): 77-114.
7. Greenwald, Bruce, and Joseph E. Stiglitz. 2003. Towards a New Paradigm in Monetary Economics. Cambridge, UK: Cambridge University Press.
8. Haldane, Andrew G. 2009. "Rethinking the Financial Network." Speech delivered at the Financial Students Association, 28 April 2009, Amsterdam.
9. Newbery, David M. G., and Joseph E. Stiglitz. 1984. "Pareto Inferior Trade." Review of Economic Studies, 51(1): 1-12.
10. Stiglitz, Joseph E. 2004. "Capital-Market Liberalization, Globalization, and the IMF." Oxford Review of Economic Policy, 20(1): 57-71.
11. Stiglitz, Joseph E. Forthcoming. "Contagion, liberalization, and the optimal structure of globalization." Journal of Globalization and Development.