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Economics of Information and the Theory of Economic Development / Joseph E. Stiglitz.
- Format:
- Book
- Author/Creator:
- Stiglitz, Joseph E.
- Series:
- Working Paper Series (National Bureau of Economic Research) no. w1566.
- NBER working paper series no. w1566
- Language:
- English
- Subjects (All):
- Economics--History.
- Economics.
- Physical Description:
- 1 online resource: illustrations (black and white);
- Place of Publication:
- Cambridge, Mass. National Bureau of Economic Research 1985.
- Cambridge, Massachusetts : National Bureau of Economic Research, 1985.
- Summary:
- This paper shows how recent developments in the Economics of Information can provide insights into economic relations in less developed countries, and how they can provide explanations for institutions which, in neoclassical theory, appear anomalous and/or inefficient. Sharecropping and other tenancy relationships in the rural sector and wage determination and urban unemployment are both investigated within this perspective.
- Notes:
- Print version record
- February 1985.
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