Skip to main content
Log in

The Current Economic Crisis and Lessons for Economic Theory

  • Presidential Address
  • Published:
Eastern Economic Journal Aims and scope Submit manuscript

This is a preview of subscription content, log in via an institution to check access.

Access this article

Price excludes VAT (USA)
Tax calculation will be finalised during checkout.

Instant access to the full article PDF.

Institutional subscriptions

Notes

  1. See Battiston, 2007; Gallegati et al., 2008 and Delli Gatti et al., 2008.

References

  • Battiston, S. 2007. Credit Chains and Bankruptcy Propagation in Production Networks. Journal of Economic Dynamics & Control, 31 (6): 2061–2084.

    Article  Google Scholar 

  • Delli Gatti, D., M. Gallegati, B. Greenwald, A. Russo, and J.E. Stiglitz . 2008. Business fluctuations and bankruptcy avalanches in an evolving network economy, mimeo.

  • Gallegati, M., B. Greenwald, M. Richiardi, and J.E. Stiglitz . 2008. The Asymmetric Effect of Diffusion Processes: Risk Sharing and Contagion. Global Economy Journal, 8 (3). Article 2.

  • Greenwald, B., and J.E. Stiglitz . 2003. Towards a New Paradigm in Monetary Economics. Cambridge: Cambridge University Press.

    Google Scholar 

Download references

Acknowledgements

Financial support from Ford, Macarthur, Hewlett, and Rockefeller Brothers Foundations is gratefully acknowledged.

Author information

Authors and Affiliations

Authors

Rights and permissions

Reprints and permissions

About this article

Cite this article

Stiglitz, J. The Current Economic Crisis and Lessons for Economic Theory. Eastern Econ J 35, 281–296 (2009). https://doi.org/10.1057/eej.2009.24

Download citation

  • Published:

  • Issue Date:

  • DOI: https://doi.org/10.1057/eej.2009.24

Navigation