Browsing FGV EPGE - Seminários de Pesquisa Econômica by Author "Verdier, Thierry"

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    • Firms?: heterogeneity, organizations, power and trade 

      Verdier, Thierry
      2006-04-06
      This paper develops a theory which investigates the two-way relationship between the internaI organization of the firm and market competition.We introduce heterogenous firms with internal hierarchies in a Knlgman (1980) ...

    • Health and development with imperfect capital markets 

      Geoffard, Pierre-Yves; Verdier, Thierry
      1999-01-21
      This paper investigates the interaction between investment in education and in life-expanding investments, in a simple two-period model in which individuaIs are liquidity constrained in the first period. We show that under ...

    • Monopolies life cycle, bureaucratization, and Schumpeterian growth 

      Verdier, Thierry
      1999-06-17
      This paper analyzes the links between the internaI organization of firms and macroeconomic growth. We present a Schumpeterian growth model in which firms face dynamic agency costs. These agency costs are due to the formation ...