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Agency Costs in the Process of Development

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Daron Acemoglu
Fabrizio Zilibotti

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Paper provided by Department of Economics and Business, Universitat Pompeu Fabra in its series Economics Working Papers with number 157.

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Date of creation: Feb 1996
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Handle: RePEc:upf:upfgen:157

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Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
  1. J. S. Marron & Frederic Udina, 1995. "Interactive Local Bandwidth Choice," Economics Working Papers 109, Department of Economics and Business, Universitat Pompeu Fabra. [Downloadable!]
  2. Alfonso Gambardella & Walter Garcia Fontes, 1994. "Regional Linkages through European Research Funding," Economics Working Papers 97, Department of Economics and Business, Universitat Pompeu Fabra. [Downloadable!]
  3. Francesco Drudi & Raffaela Giordano, 1994. "Optimal Wage Indexation in a Reputational Model of Monetary Policy Credibility," Economics Working Papers 85, Department of Economics and Business, Universitat Pompeu Fabra. [Downloadable!]
  4. Nir Dagan, 1994. "Recontracting and Competition," Economics Working Papers 152, Department of Economics and Business, Universitat Pompeu Fabra, revised Jan 1996. [Downloadable!]
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  5. Walter Garcia-Fontes & Hugo Hopenhayn, 2000. "Entry restrictions and the determination of quality," Spanish Economic Review, Springer, vol. 2(2), pages 105-127. [Downloadable!] (restricted)
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  6. Rahi, Rohit, 1996. "Adverse Selection and Security Design," Review of Economic Studies, Blackwell Publishing, vol. 63(2), pages 287-300, April. [Downloadable!] (restricted)
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  7. Marimon, R. & Spear, S. & Sunder, S., 1991. "Expectationally-Driven Market Volatility: An Experimental Study," GSIA Working Papers 1991-3, Carnegie Mellon University, Tepper School of Business.
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  8. Antonio Ciccone & Robert E. Hall, 1996. "Productivity and the Density of Economic Activity," NBER Working Papers 4313, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
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  9. Jeffrey S. Simonoff & Frederic Udina, 1995. "Measuring the Stability of Histogram Appearance when the Anchor Position is Changed," Economics Working Papers 133, Department of Economics and Business, Universitat Pompeu Fabra. [Downloadable!]
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  10. Diamond, Douglas W, 1984. "Financial Intermediation and Delegated Monitoring," Review of Economic Studies, Blackwell Publishing, vol. 51(3), pages 393-414, July. [Downloadable!] (restricted)
  11. Rothschild, Michael & Stiglitz, Joseph E, 1976. "Equilibrium in Competitive Insurance Markets: An Essay on the Economics of Imperfect Information," The Quarterly Journal of Economics, MIT Press, vol. 90(4), pages 630-49, November.
  12. Daron Acemoglu & Fabrizio Zilibotti, 1994. "Was Prometheus Unbound by Chance? Risk, Diversification and Growth," Economics Working Papers 98, Department of Economics and Business, Universitat Pompeu Fabra. [Downloadable!]
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  13. Juan P. Nicolini, 1992. "Ruling out Speculative Hyperinflations: A Game Theoretic Approach," Economics Working Papers 14, Department of Economics and Business, Universitat Pompeu Fabra. [Downloadable!]
  14. Grossman, Sanford J & Stiglitz, Joseph E, 1980. "On the Impossibility of Informationally Efficient Markets," American Economic Review, American Economic Association, vol. 70(3), pages 393-408, June.
  15. Xavier Cuadras, 1994. "Perishable Medium of Exchange (Can Ice Cream be Money?)," Economics Working Papers 80, Department of Economics and Business, Universitat Pompeu Fabra. [Downloadable!]
  16. Giorgia Giovannetti & Albert Marcet & Ramon Marimon, 1993. "Growth, Capital Flows and Enforcement Constaints: The Case of Africa," Economics Working Papers 22, Department of Economics and Business, Universitat Pompeu Fabra. [Downloadable!]
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  17. Andrew Scott, 1995. "Why is Consumption so Seasonal?," CEP Discussion Papers dp0269, Centre for Economic Performance, LSE.
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  18. Mulligan, Casey B & Sala-i-Martin, Xavier, 1996. "Adoption of Financial Technologies: Implications for Money Demand and Monetary Policy," CEPR Discussion Papers 1358, C.E.P.R. Discussion Papers. [Downloadable!] (restricted)
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  19. Greenwood, Jeremy & Smith, Bruce D., 1997. "Financial markets in development, and the development of financial markets," Journal of Economic Dynamics and Control, Elsevier, vol. 21(1), pages 145-181, January. [Downloadable!] (restricted)
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  20. Cabrales, Antonio, 2000. "Stochastic Replicator Dynamics," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 41(2), pages 451-81, May.
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  21. Bruno Biais & Thierry Foucault & François Salani, 1995. "Implicit Collusion on Wide Spreads," Economics Working Papers 153, Department of Economics and Business, Universitat Pompeu Fabra. [Downloadable!]
  22. Raffaela Giordano, 1992. "A Model of Inflation and Reputation with Wage Bargaining," Economics Working Papers 72, Department of Economics and Business, Universitat Pompeu Fabra, revised Mar 1994. [Downloadable!]
  23. Nir Dagan, 1996. "Consistency and the Walrasian Allocations Correspondence," Economic theory and game theory 012, Nir Dagan. [Downloadable!]
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  24. Abhijit V. Banerjee & Andrew F. Newman, 1990. "Occupational Choice and the Process of Development," Discussion Papers 911, Northwestern University, Center for Mathematical Studies in Economics and Management Science. [Downloadable!]
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  25. Serguei Maliar & Igor Kozin & Vitali Perepelitsa, 1995. "Solving Capability of LCA," Economics Working Papers 119, Department of Economics and Business, Universitat Pompeu Fabra. [Downloadable!]
  26. Walter Garcia Fontes & Ruben Tansini & Marcel Vaillant, 1994. "Cross-Industry Entry: the Case of a Small Developing Economy," Economics Working Papers 103, Department of Economics and Business, Universitat Pompeu Fabra.
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  27. Hart, Sergiu & Mas-Colell, Andreu, 1996. "Bargaining and Value," Econometrica, Econometric Society, vol. 64(2), pages 357-80, March. [Downloadable!] (restricted)
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  28. Casey B. Mulligan & Xavier Sala-i-Martin, 1994. "A Labor-Income-Based Measure of the Value of Human Capital: An Application to the States of the United States," Economics Working Papers 106, Department of Economics and Business, Universitat Pompeu Fabra, revised Dec 1994. [Downloadable!]
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  29. Casey B. Mulligan & Xavier Sala-i-Martin, 1994. "Measuring Aggregate Human Capital," Economics Working Papers 112, Department of Economics and Business, Universitat Pompeu Fabra, revised Jan 1995. [Downloadable!]
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  30. Jensen, Michael C. & Meckling, William H., 1976. "Theory of the firm: Managerial behavior, agency costs and ownership structure," Journal of Financial Economics, Elsevier, vol. 3(4), pages 305-360, October. [Downloadable!] (restricted)
  31. Giorgia Giovannetti, 1993. "Import Pricing, Domestic Pricing and Market Structure," Economics Working Papers 71, Department of Economics and Business, Universitat Pompeu Fabra, revised Jan 1994. [Downloadable!]
  32. Walter Garcia Fontes, 1993. "Price Competition in Segmented Industries," Economics Working Papers 34, Department of Economics and Business, Universitat Pompeu Fabra. [Downloadable!]
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  33. Fabio Canova & Gianni De Nicolo, 1995. "The Equity Premium and the Risk Free Rate: A Cross Country, Cross Maturity Examination," Economics Working Papers 136, Department of Economics and Business, Universitat Pompeu Fabra. [Downloadable!]
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  34. Fabio Canova & Morten O. Ravn, 1993. "International Consumption Risk Sharing," Economics Working Papers 135, Department of Economics and Business, Universitat Pompeu Fabra, revised Jun 1995. [Downloadable!]
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  35. Canova, Fabio & Marcet, Albert, 1995. "The Poor Stay Poor: Non-Convergence Across Countries and Regions," CEPR Discussion Papers 1265, C.E.P.R. Discussion Papers. [Downloadable!] (restricted)
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  36. Poirier, Dale J., 1991. "Editor's introduction," Journal of Econometrics, Elsevier, vol. 49(1-2), pages 1-4. [Downloadable!] (restricted)
  37. Motta, Massimo & Norman, George, 1996. "Does Economic Integration Cause Foreign Direct Investment?," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 37(4), pages 757-83, November.
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  38. Antonio Cabrales & Takeo Hoshi, 1993. "Heterogeneous Beliefs, Wealth Accumulation, and Asset Price Dynamics," Economics Working Papers 55, Department of Economics and Business, Universitat Pompeu Fabra, revised Jun 1993. [Downloadable!]
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  39. Greenwood, J. & Jovanovic, B., 1990. "Financial Development, Growth, And The Distribution Of Income," University of Western Ontario, The Centre for the Study of International Economic Relations Working Papers 9002, University of Western Ontario, The Centre for the Study of International Economic Relations.
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  40. Thierry Foucault, 1994. "Price Formation and Order Placement Strategies in a Dynamic Order Driven Market," Economics Working Papers 99, Department of Economics and Business, Universitat Pompeu Fabra. [Downloadable!]
  41. Walter Garcia Fontes & Massimo Motta, 1994. "Quality of Professional Services under Price Floors," Economics Working Papers 87, Department of Economics and Business, Universitat Pompeu Fabra. [Downloadable!]
  42. Xavier Calsamiglia & Alan Kirman, 1991. "A Unique Informationally Efficient and Decentralized Mechanism with Fair Outcomes," Economics Working Papers 7, Department of Economics and Business, Universitat Pompeu Fabra. [Downloadable!]
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  43. Nir Dagan, 1995. "Consistent Solutions in Exchange Economies: A Characterization of the Price Mechanism," Economics Working Papers 141, Department of Economics and Business, Universitat Pompeu Fabra. [Downloadable!]
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Cited by:
(explanations, Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.)

  1. Mishkin, Frederic S., 1998. "International Experiences With Different Monetary Policy Regimes," Seminar Papers 648, Stockholm University, Institute for International Economic Studies. [Downloadable!]
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  2. Taylor, John B., 1998. "The Robustness and Efficiency of Monetary Policy Rules as Guidelines for Interest Rate Setting by the European Central Bank," Seminar Papers 649, Stockholm University, Institute for International Economic Studies. [Downloadable!]
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  3. Lindbeck, Assar, 1998. "Swedish Lessons for Post-Socialist Countries," Seminar Papers 645, Stockholm University, Institute for International Economic Studies. [Downloadable!]
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  4. Daron Acemoglu & Fabrizio Zilibotti, 1997. "Setting Standards: Information Accumulation in Development," Economics Working Papers 212, Department of Economics and Business, Universitat Pompeu Fabra. [Downloadable!]
    Other versions:
  5. C. Simon Fan & Herschel I. Grossman, 1998. "Incentives and Corruption in Chinese Economic Reform," Working Papers 98-8, Brown University, Department of Economics, revised Sep 1998. [Downloadable!]
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