Contemporary Issues in Microeconomics

Joseph E. Stiglitz is an American economist and a professor at Columbia University. A recipient of the Nobel Memorial Prize in Economic Sciences (2001) and the John Bates Clark Medal (1979), he is a former senior vice president and chief economist of the World Bank, and a former member and chairman of the (US president's) Council of Economic Advisers. In 2000, Stiglitz founded the Initiative for Policy Dialogue, a think tank on international development based at Columbia University, USA. Martin Guzman is a postdoctoral research fellow at Columbia University Business School, USA, and Associate Professor at the University of Buenos Aires, Argentina. He is also a member of the INET Taskforce on Macroeconomic Externalities and a senior fellow at the Centre for International Governance Innovation.

Table of Contents List of Figures List of Tables Foreword Notes on Contributors Introduction Part I: Inequality, Poverty, and Security 1. The UTIP Global Inequality Data Sets 1963-2008. Updates, Revisions and Quality Checks; James K. Galbraith, Beatrice Halbach, Aleksandra Malinowska, Amin Shams and Wenjie Zhang 2. Multidimensional Poverty Measurement: The Mexican Wave; Gonzalo Hernndez Licona 3. Inequality, Economic Growth and Natural Ressources Rent: Evidence From The Middle East and North Africa; Hamid E. Ali and Sara M. Sami 4. Inequality Impacts of Oil Dependence in the Mena; Sevil Acar 5. Housing and Saving in Retirement Across Countries; Makoto Nakajima and Irina A. Telyukova Part II: Income Contingent and Student Loans 6. Income Contingent Loans; Joseph E. Stiglitz 7. Income Contingent Loans as a General Risk Management Instrument; Bruce Chapman 8. Utilising the Transactional Efficiencies of Contingent Loans A General Framework for Policy Application; Richard Denniss 9. Income Contingent Loans for Social Policy: the Case of Paid Parental Leave; Timothy Higgins 10. Illustrating Trade-Off Between Interest Rates and Aggregate Loan Recovery of the Student Loans Fund in Thailand; Kiatanantha Lounkaew 11. The Financial Capacity of German University Graduates to Repay Student Loans; Mathias G. Sinning Index