
ANOTHER NOBEL PRIZE FOR THE DEPARTMENT OF ECONOMICS AT COLUMBIA UNIVERSITY!!! JOSEPH STIGLITZ of COLUMBIA
UNIVERSITY "For his analysis of markets with asymetric information"

Joseph E. Stiglitz
Professor of Economics (and Senior Fellow, Hoover Institution) on leave as Chief Economist and Senior Vice President, Development
Economics, World Bank Ph.D. MIT; B.A. Amherst College. Research Interests: Macroeconomics, public finance,
economic theory, development economics, industrial organization, economics of information, financial markets. Current
Research: Micro foundations for Keynesian macroeconomics, economics of information, theory of taxation, development and trade,
causes and consequences of financial crises. Representative Recent Publications: (1) "The Role of Government
in the Economies of Developing Countries," in E. Malinvaud and A.K. Sen, eds. Development Strategy and the Management
of the Market Economy, Oxford: Clarendon Press, 1997; (2) Peasants versus City-Dwellers: Taxation, Prices and the Burden of
Economic Development, (with R. Sah), 1993, Oxford University Press; (3) "Financial Market Imperfections and Business
Cycles, " with Bruce Greenwald, Quarterly Journal of Economics, 108 (1), February 1993, 77-114. Teaching Interests:
Macroeconomics, microeconomics, introductory economics. Professional Affiliations: AEA, American Academy of Arts
and Sciences (Fellow), Econometrics Society (Fellow), National Academy of Sciences (Fellow), Editor of The Journal of Economic
Perspectives, American Philosophical Society (Member), British Academy (Corresponding Fellow), American Economic Society (President
1983, member of executive committee, 1979-1993), Board of Editors, American Economic Review.
Recent Publications
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