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Credit, land speculation, and long-run economic growth

Hirano, Tomohiro; Stiglitz, Joseph E. - 2024

Persistent link: https://www.econbiz.de/10014555741

Die innovative Gesellschaft : wie Fortschritt gelingt und warum grenzenloser Freihandel die Wirtschaft bremst

Stiglitz, Joseph E.; Greenwald, Bruce C. N. - 2015

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Creating a learning society : a new approach to growth, development, and social progress

Stiglitz, Joseph E.; Greenwald, Bruce C. N. - 2014

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Creating a Learning Society : A New Approach to Growth, Development, and Social Progress

Stiglitz, Joseph E. - 2014

, Joseph E. Stiglitz and Bruce C. Greenwald cast light on the significance of this insight for economic theory and policy …Walter Frick:[A] sweeping work of macroeconomic theory. Robert Kuttner, coeditor, The American Prospect:Joseph E …, Director, Institute of Economics, Scuola Superiore Sant'Anna:An impressive tour de force, from the theory of the firm all the …

Persistent link: https://www.econbiz.de/10014482165

Credit, Land Speculation, and Long-Run Economic Growth

Hirano, Tomohiro; Stiglitz, Joseph E. - National Bureau of Economic Research - 2024

This paper analyses the impact of credit expansions arising from increases in collateral values or lower interest rate policies on long-run productivity and economic growth in a two-sector endogenous growth economy with credit frictions, with the driver of growth lying in one sector...

Persistent link: https://www.econbiz.de/10014544757