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Agency Costs in the Process of Development

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Author Info
Acemoglu, D.
Zilibotti, F.

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Abstract

We analyse an economy where production is subject to moral hazard.

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Publisher Info
Paper provided by Massachusetts Institute of Technology (MIT), Department of Economics in its series Working papers with number 96-8.

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Length: 39 pages
Date of creation: 1996
Date of revision:
Handle: RePEc:mit:worpap:96-8

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Related research
Keywords: ECONOMIC DEVELOPMENT; FINANCIAL MARKET; INTERNATIONAL FINANCE; INFORMATION; EXPERIMENTATION;

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Find related papers by JEL classification:
D80 - Microeconomics - - Information, Knowledge, and Uncertainty - - - General
D82 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Asymmetric and Private Information
E40 - Macroeconomics and Monetary Economics - - Money and Interest Rates - - - General
E44 - Macroeconomics and Monetary Economics - - Money and Interest Rates - - - Financial Markets and the Macroeconomy
G20 - Financial Economics - - Financial Institutions and Services - - - General

References listed on IDEAS
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.:

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Full references

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. Lindbeck, Assar, 1998. "Swedish Lessons for Post-Socialist Countries," Seminar Papers 645, Stockholm University, Institute for International Economic Studies. [Downloadable!]
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  2. Mishkin, Frederic S., 1998. "International Experiences With Different Monetary Policy Regimes," Seminar Papers 648, Stockholm University, Institute for International Economic Studies. [Downloadable!]
    Other versions:
  3. 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!]
    Other versions:
  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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