Joseph Stiglitz
Executive Director and Co-founder at Columbia Business School
Schools
- Columbia Business School
Expertise
Links
Biography
Columbia Business School
Professor Stiglitz accepted a joint appointment to a chaired professorship at Columbia Business School, the Graduate School of Arts and Sciences (in the Department of Economics) and the School of International and Public Affairs in the spring of 2001. He was the first Joel M. Stern Faculty Scholar at Columbia Business School from Fall 1999 until Spring 2001. From 1997 to 2000, he served as the World Bank's Chief Economist and Senior Vice President, Development Economics. Prior to that, he served on President Clinton's economic team as a member of the U.S. Council of Economic Advisors from 1993 to 1995 and as its Chairman from 1995 to 1997.
Stiglitz is a renowned scholar and teacher of a new branch of economics that he created, the "Economics of Information." He also helped pioneer such pivotal concepts as theories of adverse selection and moral hazard, which have now become standard tools of policy analysts, as well as economic theorists. Recognized around the world as a leading economic educator, he has written textbooks that have been translated into several dozen languages.
Stiglitz was a Fulbright Scholar and a Tapp Junior Research Fellow at Cambridge University in 1970. He became a fellow of the Econometric Society at the age of 29 and is a member of the National Academy of Science. He is also the recipient of the prestigious John Bates Clark Medal, awarded every two years to the American economist under the age of 40 who has made the most significant contributions to the subject. In 2001, he was awarded the Nobel Prize in Economics for the analysis of markets with asymmetric information.
Research
Journal articles
From Global Savings Glut to Financing Infrastructure In Economic Policy (2017)
Coauthor(s): Rabah Arezki, Patrick Bolton, Sanjay Peters, Joseph Stiglitz, Frederic Samama
On Selective Indirect Tax Reform in Developing Countries In Journal of Public Economics (2005)
Coauthor(s): M. Shahe Emran, Joseph Stiglitz
Capital Market Liberalization, Globalization, and the IMF In Oxford Review of Economic Policy (2004)
Coauthor(s): Joseph Stiglitz
Evaluating Economic Change In Daedalus (2004)
Coauthor(s): Joseph Stiglitz
Information and the Change in the Paradigm in Economics In American Economist (2004)
Coauthor(s): Joseph Stiglitz
Globalization and Growth in Emerging Markets and the New Economy In Journal of Policy Modeling (2003)
Coauthor(s): Joseph Stiglitz
Democratizing the International Monetary Fund and the World Bank: Governance and Accountability In Governance (2003)
Coauthor(s): Joseph Stiglitz
Dealing with Debt: How to Reform the Global Financial System In Harvard International Review (2003)
Coauthor(s): Joseph Stiglitz
Globalization and the Economic Role of the State in the New Millennium In Industrial and Corporate Change (2003)
Coauthor(s): Joseph Stiglitz
Financial Market Stability and Monetary Policy In Pacific Economic Review (2002)
Coauthor(s): Joseph Stiglitz
Capital Market Liberalization and Exchange Rate Regimes: Risk Without Reward In Annals of the American Academy of Political and Social Science (2002)
Coauthor(s): Joseph Stiglitz
Employment, Social Justice, and Societal Well-Being In International Labour Review (2002)
Coauthor(s): Joseph Stiglitz
New Perspectives on Public Finance: Recent Achievements and Future Challenges In Journal of Public Economics (2002)
Coauthor(s): Joseph Stiglitz
Participation and Development: Perspectives from the Comprehensive Development Paradigm In Review of Development Economics (2002)
Coauthor(s): Joseph Stiglitz
Failure of the Fund: Rethinking the IMF Response In Harvard International Review (2001)
Coauthor(s): Joseph Stiglitz
Not Poles Apart: ''Whither Reform?'' and ''Whence Reform?'' In Journal of Policy Reform (2001)
Coauthor(s): Joseph Stiglitz, David Ellerman
Principles of Financial Regulation: A Dynamic Approach In World Bank Research Observer (2001)
Coauthor(s): Joseph Stiglitz
The Contributions of the Economics of Information to Twentieth Century Economics In Quarterly Journal of Economics (2000)
Coauthor(s): Joseph Stiglitz
Liberalization, Moral Hazard in Banking and Prudential Regulation: Are Capital Requirements Enough? In American Economic Review (2000)
Coauthor(s): Thomas Hellmann, Kevin Murdock, Joseph Stiglitz
Credit and Equity Rationing in Markets with Adverse Selection In European Economic Review (2000)
Coauthor(s): Thomas Hellmann, Joseph Stiglitz
Capital Market Liberalization, Economic Growth and Instability In World Development (2000)
Coauthor(s): Joseph Stiglitz
Democratic Development as the Fruits of Labor In Perspectives on Work (2000)
Coauthor(s): Joseph Stiglitz
New Bridges Across the Chasm: Macro- and Micro-Strategies for Russia and other Transitional Economies In Zagreb International Review of Economics and Business (2000)
Coauthor(s): Joseph Stiglitz, David Ellerman
Two Principles for the Next Round or, How to Bring Developing Countries in from the Cold In World Economy (1999)
Coauthor(s): Joseph Stiglitz
Books
Creating a Learning Society: A New Approach to Growth, Development, and Social Progress (2014)
Coauthor(s): Joseph Stiglitz, Bruce Greenwald
Sovereign Wealth Funds and Long-Term Investing (2011)
Coauthor(s): Patrick Bolton, Frederic Samama, Joseph Stiglitz
Fair Trade for All: How Trade Can Promote Development (2005)
Coauthor(s): Joseph Stiglitz, Andrew Charlton
The Roaring Nineties: A New History of the World''s Most Prosperous Decade (2003)
Coauthor(s): Joseph Stiglitz
Towards a New Paradigm in Monetary Economics (2003)
Coauthor(s): Joseph Stiglitz, Bruce Greenwald
Globalization and Its Discontents (2002)
Coauthor(s): Joseph Stiglitz
Chapters
The Overselling of Globalization In Globalization: What''s New (2005)
Coauthor(s): Joseph Stiglitz
Edmund S. Phelps and Modern Macroeconomics In Knowledge, Information and Expectations in Modern Macroeconomics (2003)
Coauthor(s): Philippe Aghion, Roman Frydman, Joseph Stiglitz, Michael Woodford
Competition and Competitiveness in a New Economy In Competition and Competitiveness in a New Economy (2002)
Coauthor(s): Joseph Stiglitz
Franchise Value and the Dynamics of Financial Liberalization In Designing Financial Systems in Transition Economies: Strategies for Reform in Central and Eastern Europe (2002)
Coauthor(s): Thomas Hellmann, Kevin Murdock, Joseph Stiglitz
Globalization and the Logic of International Collective Action: Re-Examining the Bretton Woods Institutions In Governing Globalization: Issues and Institutions (2002)
Coauthor(s): Joseph Stiglitz
Information and the Change in the Paradigm in Economics (Les Prix Nobels) In Les Prix Nobel: The Nobel Prizes 2001 (2001)
Coauthor(s): Joseph Stiglitz
On Liberty, the Right to Know, and Public Discourse: The Role of Transparency in Public Life In The Rebel Within (2001)
Coauthor(s): Joseph Stiglitz
Redefining the Role of the State In The Rebel Within (2001)
Coauthor(s): Joseph Stiglitz
Rethinking Pension Reform: Ten Myths About Social Security Systems In New Ideas About Old Age Security (2001)
Coauthor(s): Peter Orszag, Joseph Stiglitz
The Role of International Financial Institutions in the Current Global Economy In The Rebel Within (2001)
Coauthor(s): Joseph Stiglitz
Modern Economic Theory and Development In Frontiers of Development Economics: The Future in Perspective (2000)
Coauthor(s): Joseph Stiglitz
Scan Globally, Reinvent Locally: Knowledge Infrastructure and the Localization of Knowledge In Banking on Knowledge: The Genesis of the Global Development Network (2000)
Coauthor(s): Joseph Stiglitz
More Instruments and Broader Goals: Moving Toward the Post-Washington Consensus In Development Issues in the 21st Century (1999)
Coauthor(s): Joseph Stiglitz
Working papers
The Transition from Communism: A Diagrammatic Exposition of Obstacles to the Demand for the Rule of Law In Policy Research Working Paper Series 3352 (2005)
Coauthor(s): Karla Hoff, Joseph Stiglitz
Price Neutral Tax Reform with an Informal Economy In Economics Working Paper Archive at WUSTL (2004)
Coauthor(s): M. Shahe Emran, Joseph Stiglitz
After the Big Bang? Obstacles to the Emergence of the Rule of Law in Post-Communist Societies In Columbia University Department of Economics Discussion Paper and NBER Working Paper 9282 (2002)
Coauthor(s): Karla Hoff, Joseph Stiglitz
Lectures
A Development Round of Trade Negotiations? (2004)
Coauthor(s): Joseph Stiglitz, Andrew Charlton
Ethics, Market and Government Failure and Globalization (2003)
Coauthor(s): Joseph Stiglitz
Development Policies in a World of Globalization (2002)
Coauthor(s): Joseph Stiglitz
Integration of Unemployment Insurance with Retirement Insurance (2002)
Coauthor(s): Joseph Stiglitz, Jungyoll Yun
Mexico-Five Years After the Crisis (2001)
Coauthor(s): D. Lederman, Angel Menendez, G. Perry, Joseph Stiglitz
Development Thinking at the Millennium (2000)
Coauthor(s): Joseph Stiglitz
The Underpinnings of a Stable and Equitable Global Financial System: From Old Debates to New Paradigm (2000)
Coauthor(s): Joseph Stiglitz, Amar Bhattacharya
Whither Reform? Ten Years of Transition (2000)
Coauthor(s): Joseph Stiglitz
Towards a New Paradigm for Development: Strategies, Policies and Processes (1998)
Coauthor(s): Joseph Stiglitz
Case studies
Multilateral Strategies to Promote Democracy (2004)
Coauthor(s): Thomas Corothers, John Cavanagh, Michael Doyle, Sakiko Fukuda-Parr, Andrew Kruper, Adam Przeworski, Mary Robinson, Joseph Stiglitz
Ideas and Insights
The Euro is Killing Europe (2016)
In The News
Media Mentions
Puerto Rico''s Universities Are Facing an Unprecedented Crisis
BuzzFeed
Global Carbon Prices Must Soar to Meet Paris Climate Target: Report
Reuters
Pith and Its Young Chef Move Out of Columbia’s Dorms
Nobel Laureate Stiglitz Is Right On Japan''s Fiscal Policy, But Wrong On Its Industrial Policy
Videos
Joseph E. Stiglitz, "The Great Divide"
Read about executive education
Other experts
Robert Spich
Following the completion of his bachelor’s degree in international relations, Robert S. Spich served in the Peace Corps in Chile and later at the Agency for International Development (AID) in Washington, D.C., where he focused on programs in economic development and technical assistance. After co...
Trilochan Sastry
Professor Sastry is a faculty member in the Decision Sciences and Information Systems Area. His interests and work, however, include supply chain and operations, as well as social entrepreneurship, rural development, and good governance. He was the Dean at IIMB from 2008 to 2011.
Popular Courses
The Manchester Leadership Development Programme
Alliance Manchester Business School
Manchester, United Kingdom
Jul 1
Private Equity: Investing and Creating Value
The Wharton School
Philadelphia, Pennsylvania, United States
Sep 8
Leading People and Teams
ESMT
Berlin, Germany
May 28
Leading Digital Transformation
ESMT
Berlin, Germany
May 28
The Positive Leader: Deep Change and Organizational Transformation
Stephen M. Ross School of Business
Ann Arbor, Michigan, United States
Jun 23
Leading Strategic Growth and Change
Columbia Business School
New York, New York, United States
Jun 10
Looking for an expert?
Contact us and we'll find the best option for you.