Sectors Expansion, Allocation of Talent and Adverse Selection in Development
Author
Abstract
Suggested Citation
Download full text from publisher
References listed on IDEAS
- repec:bla:econom:v:66:y:1999:i:262:p:157-79 is not listed on IDEAS
- Aghion, Philippe & Howitt, Peter, 1992.
"A Model of Growth through Creative Destruction,"
Econometrica, Econometric Society, vol. 60(2), pages 323-351, March.
- Aghion, P. & Howitt, P., 1989. "A Model Of Growth Through Creative Destruction," University of Western Ontario, Departmental Research Report Series 8904, University of Western Ontario, Department of Economics.
- Aghion, Philippe & Howitt, Peter, 1992. "A Model of Growth Through Creative Destruction," Scholarly Articles 12490578, Harvard University Department of Economics.
- Aghion, P. & Howitt, P., 1990. "A Model Of Growth Through Creative Destruction," DELTA Working Papers 90-12, DELTA (Ecole normale supérieure).
- Philippe Aghion & Peter Howitt, 1990. "A Model of Growth Through Creative Destruction," NBER Working Papers 3223, National Bureau of Economic Research, Inc.
- Aghion, P. & Howitt, P., 1989. "A Model Of Growth Through Creative Destruction," Working papers 527, Massachusetts Institute of Technology (MIT), Department of Economics.
- Jean Imbs & Romain Wacziarg, 2003.
"Stages of Diversification,"
American Economic Review, American Economic Association, vol. 93(1), pages 63-86, March.
- Imbs, Jean & Wacziarg, Romain, 2000. "Stages of Diversification," CEPR Discussion Papers 2642, C.E.P.R. Discussion Papers.
- Jean Imbs & Romain Wacziarg, 2003. "Stages of Diversification," Post-Print hal-00612598, HAL.
- Wacziarg, Romain & Imbs, Jean, 2000. "Stages of Diversification," Research Papers 1653, Stanford University, Graduate School of Business.
- Acemoglu, Daron & Zilibotti, Fabrizio, 1997.
"Was Prometheus Unbound by Chance? Risk, Diversification, and Growth,"
Journal of Political Economy, University of Chicago Press, vol. 105(4), pages 709-751, August.
- 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.
- Acemoglu, Daron & Zilibotti, Fabrizio, 1996. "Was Prometheus Unbound by Chance? Risk, Diversification and Growth," CEPR Discussion Papers 1426, C.E.P.R. Discussion Papers.
- Saint-Paul, Gilles, 1992.
"Technological choice, financial markets and economic development,"
European Economic Review, Elsevier, vol. 36(4), pages 763-781, May.
- Saint-Paul, G., 1990. "Technological Choice, Financial Markets and Economic Development," DELTA Working Papers 90-30, DELTA (Ecole normale supérieure).
- Robert G. King & Ross Levine, 1993.
"Finance and Growth: Schumpeter Might Be Right,"
The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 108(3), pages 717-737.
- King, Robert G. & Levine, Ross, 1993. "Finance and growth : Schumpeter might be right," Policy Research Working Paper Series 1083, The World Bank.
- Ramey, Garey & Ramey, Valerie A, 1995.
"Cross-Country Evidence on the Link between Volatility and Growth,"
American Economic Review, American Economic Association, vol. 85(5), pages 1138-1151, December.
- Garey Ramey & Valerie A. Ramey, 1994. "Cross-Country Evidence on the Link Between Volatility and Growth," NBER Working Papers 4959, National Bureau of Economic Research, Inc.
- Huw Lloyd-Ellis & Dan Bernhardt, 2000.
"Enterprise, Inequality and Economic Development,"
The Review of Economic Studies, Review of Economic Studies Ltd, vol. 67(1), pages 147-168.
- Bernhardt, Dan & Lloyd-Ellis, Huw, 1993. "Enterprise, Inequality and Economic Development," Queen's Institute for Economic Research Discussion Papers 275227, Queen's University - Department of Economics.
- Dan Bernhardt & Huw Lloyd-Ellis, 1993. "Enterprise, Inequality and Economic Development," Working Paper 893, Economics Department, Queen's University.
- Paul Krugman, 1989. "History Vs. Expectations," NBER Working Papers 2971, National Bureau of Economic Research, Inc.
- Russell Cooper & Andrew John, 1988.
"Coordinating Coordination Failures in Keynesian Models,"
The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 103(3), pages 441-463.
- Russell Cooper & John Andrew, 1985. "Coordinating Coordination Failures in Keynesian Models," Cowles Foundation Discussion Papers 745R, Cowles Foundation for Research in Economics, Yale University, revised Jul 1985.
- Banerjee, Abhijit V & Newman, Andrew F, 1993.
"Occupational Choice and the Process of Development,"
Journal of Political Economy, University of Chicago Press, vol. 101(2), pages 274-298, April.
- 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.
- Atje, Raymond & Jovanovic, Boyan, 1993. "Stock markets and development," European Economic Review, Elsevier, vol. 37(2-3), pages 632-640, April.
- Philippe Aghion & Patrick Bolton, 1997. "A Theory of Trickle-Down Growth and Development," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 64(2), pages 151-172.
- Acemoglu, Daron & Zilibotti, Fabrizio, 1999.
"Information Accumulation in Development,"
Journal of Economic Growth, Springer, vol. 4(1), pages 5-38, March.
- Acemoglu, D. & Zilibotti, F., 1998. "Information Accumulation in Development," Papers 652, Stockholm - International Economic Studies.
- Acemoglu, Daron & Zilibotti, Fabrizio, 1998. "Information Accumulation in Development," Seminar Papers 652, Stockholm University, Institute for International Economic Studies.
- Andreoni, James, 1989. "Giving with Impure Altruism: Applications to Charity and Ricardian Equivalence," Journal of Political Economy, University of Chicago Press, vol. 97(6), pages 1447-1458, December.
- Benhabib, Jess & Spiegel, Mark M, 2000. "The Role of Financial Development in Growth and Investment," Journal of Economic Growth, Springer, vol. 5(4), pages 341-360, December.
- Oded Galor & Joseph Zeira, 1993.
"Income Distribution and Macroeconomics,"
The Review of Economic Studies, Review of Economic Studies Ltd, vol. 60(1), pages 35-52.
- Galor, Oded & Zeira, Joseph, 1988. "Income Distribution and Macroeconomics," MPRA Paper 51644, University Library of Munich, Germany, revised 01 Sep 1989.
- Oded Galor & Joseph Zeira, 2013. "Income Distribution and Macroeconomics," Working Papers 2013-12, Brown University, Department of Economics.
- Thomas Piketty, 1997. "The Dynamics of the Wealth Distribution and the Interest Rate with Credit Rationing," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 64(2), pages 173-189.
- Maitreesh Ghatak & Massimo Morelli & Tomas Sjoström, 2001.
"Credit rationing, wealth inequality, and allocation of talent,"
ICER Working Papers - Applied Mathematics Series
23-2001, ICER - International Centre for Economic Research.
- Maitreesh Ghatak & Massimo Morelli & Tomas Sjostrom, 2002. "Credit Rationing, Wealth Inequality, and Allocation of Talent," STICERD - Theoretical Economics Paper Series 441, Suntory and Toyota International Centres for Economics and Related Disciplines, LSE.
- Ghatak, Maitreesh & Morelli, Massimo & Sjostrom, Tomas, 2002. "Credit rationing, wealth inequality and allocation of talent," LSE Research Online Documents on Economics 5922, London School of Economics and Political Science, LSE Library.
- Maitreesh Ghatak & Massimo Morelli & Tomas Sjostrom, 2002. "Credit Rationing, Wealth Inequality, and Allocation of Talent," Economics Working Papers 0026, Institute for Advanced Study, School of Social Science.
- Gene M. Grossman & Elhanan Helpman, 1991.
"Quality Ladders and Product Cycles,"
The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 106(2), pages 557-586.
- Gene M. Grossman & Elhanan Helpman, 1989. "Quality Ladders and Product Cycles," NBER Working Papers 3201, National Bureau of Economic Research, Inc.
- Grossman, G.M. & Helpman, E., 1989. "Quality Ladders And Product Cycles," Papers 152, Princeton, Woodrow Wilson School - Public and International Affairs.
- Grossman, G.M. & Helpman, E., 1989. "Quality Ladders And Product Cycles," Papers 39-89, Tel Aviv.
- Michael Rothschild & Joseph Stiglitz, 1976. "Equilibrium in Competitive Insurance Markets: An Essay on the Economics of Imperfect Information," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 90(4), pages 629-649.
- King, Robert G. & Levine, Ross, 1993. "Finance, entrepreneurship and growth: Theory and evidence," Journal of Monetary Economics, Elsevier, vol. 32(3), pages 513-542, December.
- Wilson, Charles, 1977. "A model of insurance markets with incomplete information," Journal of Economic Theory, Elsevier, vol. 16(2), pages 167-207, December.
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Jaimovich, Esteban, 2011.
"Sectoral differentiation, allocation of talent, and financial development,"
Journal of Development Economics, Elsevier, vol. 96(1), pages 47-60, September.
- Esteban Jaimovich, 2007. "Sectoral Differentiation, Allocation of Talent, and Financial Development," Carlo Alberto Notebooks 59, Collegio Carlo Alberto, revised 2009.
- Esteban Jaimovich, 2010.
"Adverse Selection and Entrepreneurship in a Model of Development,"
Scandinavian Journal of Economics, Wiley Blackwell, vol. 112(1), pages 77-100, March.
- Esteban Jaimovich, 2008. "Adverse Selection and Entrepreneurship in a Model of Development," Carlo Alberto Notebooks 78, Collegio Carlo Alberto.
- Bertola, Giuseppe, 2000.
"Macroeconomics of distribution and growth,"
Handbook of Income Distribution, in: A.B. Atkinson & F. Bourguignon (ed.), Handbook of Income Distribution, edition 1, volume 1, chapter 9, pages 477-540,
Elsevier.
- Bertola, G., 1998. "Marcroeconomics of Distribution and Growth," Economics Working Papers eco98/39, European University Institute.
- Tressel, Thierry, 2003. "Dual Financial Systems and Inequalities in Economic Development," Journal of Economic Growth, Springer, vol. 8(2), pages 223-257, June.
- Alessandra Bonfiglioli, 2004.
"Equities and Inequality,"
2004 Meeting Papers
256, Society for Economic Dynamics.
- Alessandra Bonfiglioli, 2005. "Equities and inequality," Economics Working Papers 947, Department of Economics and Business, Universitat Pompeu Fabra.
- Bonfiglioli, Alessandra, 2005. "Equities and Inequality," Seminar Papers 737, Stockholm University, Institute for International Economic Studies.
- Levine, Ross, 2005.
"Finance and Growth: Theory and Evidence,"
Handbook of Economic Growth, in: Philippe Aghion & Steven Durlauf (ed.), Handbook of Economic Growth, edition 1, volume 1, chapter 12, pages 865-934,
Elsevier.
- Ross Levine, 2004. "Finance and Growth: Theory and Evidence," NBER Working Papers 10766, National Bureau of Economic Research, Inc.
- Philippe Aghion & Peter Howitt & David Mayer-Foulkes, 2005.
"The Effect of Financial Development on Convergence: Theory and Evidence,"
The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 120(1), pages 173-222.
- Philippe Aghion & Peter Howitt & David Mayer-Foulkes, 2004. "The Effects of Financial Development on Convergence: Theory and Evidence," DEGIT Conference Papers c009_021, DEGIT, Dynamics, Economic Growth, and International Trade.
- Howitt, Peter & Mayer-Foulkes, David & Aghion, Philippe, 2005. "The Effect of Financial Development on Convergence: Theory and Evidence," Scholarly Articles 4481509, Harvard University Department of Economics.
- Philippe Aghion & Peter Howitt & David Mayer-Foulkes, 2004. "The Effect of Financial Development on Convergence: Theory and Evidence," NBER Working Papers 10358, National Bureau of Economic Research, Inc.
- Inci, Eren, 2013.
"Occupational choice and the quality of entrepreneurs,"
Journal of Economic Behavior & Organization, Elsevier, vol. 92(C), pages 1-21.
- Eren Inci, 2007. "Occupational Choice and the Quality of Entrepreneurs," Boston College Working Papers in Economics 666, Boston College Department of Economics.
- Maitreesh Ghatak & Massimo Morelli & Tomas Sjoström, 2001.
"Credit rationing, wealth inequality, and allocation of talent,"
ICER Working Papers - Applied Mathematics Series
23-2001, ICER - International Centre for Economic Research.
- Ghatak, Maitreesh & Morelli, Massimo & Sjostrom, Tomas, 2002. "Credit rationing, wealth inequality and allocation of talent," LSE Research Online Documents on Economics 5922, London School of Economics and Political Science, LSE Library.
- Maitreesh Ghatak & Massimo Morelli & Tomas Sjostrom, 2002. "Credit Rationing, Wealth Inequality, and Allocation of Talent," Economics Working Papers 0026, Institute for Advanced Study, School of Social Science.
- Maitreesh Ghatak & Massimo Morelli & Tomas Sjostrom, 2002. "Credit Rationing, Wealth Inequality, and Allocation of Talent," STICERD - Theoretical Economics Paper Series 441, Suntory and Toyota International Centres for Economics and Related Disciplines, LSE.
- Robert M. Townsend & Mr. Kenichi Ueda, 2003. "Financial Deepening, Inequality, and Growth: A Model-Based Quantitative Evaluation," IMF Working Papers 2003/193, International Monetary Fund.
- Asli Demirgüç-Kunt & Ross Levine, 2009.
"Finance and Inequality: Theory and Evidence,"
Annual Review of Financial Economics, Annual Reviews, vol. 1(1), pages 287-318, November.
- Asli Demirguc-Kunt & Ross Levine, 2009. "Finance and Inequality: Theory and Evidence," NBER Working Papers 15275, National Bureau of Economic Research, Inc.
- Demirguc-Kunt, Asli & Levine, Ross, 2009. "Finance and inequality : theory and evidence," Policy Research Working Paper Series 4967, The World Bank.
- Alexander Karaivanov, 2003. "Financial Contracts and Occupational Choice," Computing in Economics and Finance 2003 25, Society for Computational Economics.
- José Wynne, 2005. "Wealth as a Determinant of Comparative Advantage," American Economic Review, American Economic Association, vol. 95(1), pages 226-254, March.
- Blackburn, Keith & Bose, Niloy, 2003.
"A model of trickle-down through learning,"
Journal of Economic Dynamics and Control, Elsevier, vol. 27(3), pages 445-466, January.
- K Blackburn & N Bose, 2001. "A Model of Trickle Down Through Learning," Centre for Growth and Business Cycle Research Discussion Paper Series 06, Economics, The University of Manchester.
- Dabla-Norris, Era & Ji, Yan & Townsend, Robert M. & Filiz Unsal, D., 2021.
"Distinguishing constraints on financial inclusion and their impact on GDP, TFP, and the distribution of income,"
Journal of Monetary Economics, Elsevier, vol. 117(C), pages 1-18.
- Era Dabla-Norris & Yan Ji & Robert M. Townsend & D. Filiz Unsal, 2015. "Distinguishing Constraints on Financial Inclusion and Their Impact on GDP, TFP, and the Distribution of Income," NBER Working Papers 20821, National Bureau of Economic Research, Inc.
- Schiffbauer, Marc, 2006. "Theoretical and methodological study on the role of public policies in fostering innovation and growth," Papers DYNREG04, Economic and Social Research Institute (ESRI).
- Alessandro Spiganti, 2020. "Inequality of opportunity, inequality of effort, and innovation," Economics Working Papers MWP 2020/02, European University Institute.
- Kim, Dong-Hyeon & Chen, Ting-Cih & Lin, Shu-Chin, 2020. "Does oil drive income inequality? New panel evidence," Structural Change and Economic Dynamics, Elsevier, vol. 55(C), pages 137-152.
- Rosa Capolupo, 2018. "Finance, Investment and Growth: Evidence for Italy," Economic Notes, Banca Monte dei Paschi di Siena SpA, vol. 47(1), pages 145-186, February.
- Jiang, Neville & Wang, Ping & Wu, Haibin, 2010. "Ability-heterogeneity, entrepreneurship, and economic growth," Journal of Economic Dynamics and Control, Elsevier, vol. 34(3), pages 522-541, March.
More about this item
Keywords
Horizontal Innovation; Talent Allocation; Adverse Selection; Risk-Sharing;All these keywords.
NEP fields
This paper has been announced in the following NEP Reports:- NEP-DEV-2006-12-01 (Development)
Statistics
Access and download statisticsCorrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:deg:conpap:c011_018. See general information about how to correct material in RePEc.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Jan Pedersen (email available below). General contact details of provider: https://edirc.repec.org/data/iehhsdk.html .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.