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Thierry Verdier

Thierry Verdier

Professeur titulaire d'une chaire à PSE

Ingénieur General Ecole des Ponts - ParisTech

Directeur d'études EHESS

Campus Jourdan – 48 Boulevard Jourdan 75014 Paris

6e étage, bureau 49

Tél. 01 80 52 16 37

Groupes de recherche : Gouvernance, Économie politique, CommerceComportements, bien-être et normes
  • Commerce, migrations et développement
  • Comportements individuels
  • Commerce international et politiques commerciales
  • Économie politique et institutions
  • Économie politique des ONG

Articles in english

  • "On the Joint Evolution of Culture and Political Institutions: Elites and Civil Society" (with A. Bisin), Journal of Political Economy, forthcoming.
  • "The Dark Side of Transparency: Mission Variety and Industry Equilibrium in Decentralized Public Good Provision" (with G. Aldashev and E. Jaimovich), The Economic Journal, forthcoming.
  • "The Quran and the Sword" ( with E. Auriol and J.P. Platteau), Journal of The European Economic Association, jvad015,https://doi.org/10.1093/jeea/jvad015, 2023.

  • - “Advances in the Economic Theory of Cultural Transmission”, (with A. Bisin), Annual Reviews of Economics, forthcoming, 2023.    

  • "Culture, Institutions and the Great Divergence" (with A. Bisin, J. Rubin, and  A.Seror).

    Journal of Economic Growth, forthcoming, 2023. 

  • “Education Transmission and Network Formation”, (with V. Boucher, C. Del Bello, F. Panebianco, and Y. Zenou), Journal of Labor Economics, 41 (1), 126-173, 2023.

  • “Household Expenditure in the Wake of Terrorism: evidence from high frequency in-home-scanner data” (with D. Mirza and E. Stancanelli) , Economics and Human Biology, 46, 101150, 2022.

  •  "Crime, Broken Families, and Punishment," (with E. Bezin, and Y. Zenou), American Economic Journal: Microeconomics, 14(4), 723–760,  2022.

  • Leaders in Juvenile Crime”, (with C. Diaz, E. Patacchini, and Y. Zenou) ,  Journal of Economic Behavior and Organization, 192(C), 638-667, 2021.

  • " Do Multinationals Transplant their Business Model? (with D. Marin and L. Rousová), The Economic Journal, Vol. 131, 634, pp. 899-945,  2021.

  •  Samaritan Bundles: Inefficient Clustering in NGO Projects”, (with G. Aldashev and M. Marini), The Economic Journal, Vol.130, 630, pp. 1541–1582, 2020.

  •  "Preferences over Wage Distribution: Evidence from a Choice Experiment", (with S. Cetre, M. Lobeck, and C. Senik),  Journal of Economic Psychology, Vol.74, October 2019, 102202.

  •  Review Essay on « Why Muslim Integration Fails in Christian-Heritage Societies by Claire Adida, David Laitin, and Marie-Anne Valfort », Journal of Economic Literature, 57 (1), pp. 96-119, 2019.

  • "Terrorism Networks and Trade: Does the Neighor Hurt?" (with J. de Sousa & D. Mirza), European Economic Review, Vol. 107, pp. 27-56, 2018. 

  • "On the Spatial Diffusion of Cooperation with Endogenous Matching Institutions” (with E. Migliaccio), Games, 9(3), 58; https://doi.org/10.3390/g9030058/ , 2018.

  • “Diasporas and Conflict”, (with F. Mariani, and M. Mercier), Journal of Economic Geography, Vol.18, 4, pp. 761–793, 2018.

  •  “Small is Beautiful: Motivational Allocation in the Non-Profit Sector," (with G. Aldashev and E.  Jaimovich, Journal of the European Economic Association, Vol.16, 3, pp. 730–780, 2018.

  • “A theory of regional conflict complexes”, (with A. Silve), Journal of Development Economics, vol. 133,  pp. 434-447, 2018.

  •   "Cultural Leaders and the Dynamics of Assimilation", (with Y. Zenou), Journal of Economic Theory, vol. 175, May, pp. 374-414, 2018.

  •  “Asymmetric Growth and Institutions in an Interdependent World” (with D. Acemoglu and J. Robinson), Journal of Political Economy, vol. 125, pp. 1245-1306, 2017.

  •  "Inequality, redistribution and cultural integration in the Welfare State", (with A. Bisin), European Journal of Political Economy, Vol. 50, pp. 122-140, 2017.

  • - "Paternalism, Homophily and Cultural Transmission in Random Networks",  (with F. Panebianco), Games and Economic Behavior, vol. 105, pp. 155-176, 2017.

  • "The Role of Social Networks in Cultural Assimilation" (with Yves Zenou),  Journal of Urban Economics, vol. 97, pp. 15-39, 2017.

  • "Centralized decision making against informed lobbying" (with R. Costa Lima and H. Moreira), 2012, American Economic Journal: Microeconomics, 9(4), pp. 324–355, 2017.

  •  "The Political Economy of Public Income Volatility: With an Application to the Resource Curse" (with J. Robinson and R. Torvik), Journal of Public Economics, Vol. 145, pp. 243-252, 2017.

  • "Offshoring with Endogenous NGO Activism" (with S. Krautheim), Journal of International Economics, vol.101,  pp. 22-41, 2016.

  • “Bend It Like Beckham: Ethnic Identity and Integration” (with A. Bisin, E. Patacchini, and Y. Zenou), European Economic Review, Vol.90, pp. 146-164, 2016.

  • “The role of cultural leaders in the transmission of preferences” (with Y. Zenou), Economic Letters, vol. 136, pp. 158–161, 2015.

  • "Governance of Non-Profit and Non-Governmental Organizations - Within and Between- Organization Analyses," (with G. Aldashev and M. Marini), Annals of Public and Cooperative Economics,  vol. 86(1), pp. 1-5, 2015.

  •  “Watchdogs of the Invisible Hand: NGO Monitoring and Industry Equilibrium” (with. G. Aldashev and M. Limardi), Journal of Development Economics, vol. 116,  pp. 28–42, 2015.  

  • "Corporate Hierarchies and International Trade: Theory and Evidence" (with D. Marin), Journal of International Economics, Vol 94 (2), pp. 295-310, 2014.

  • "Brothers in Alms? Coordination Between NonProfits on Markets for Donations" (with G. Aldashev and M. Marini), Journal of Public Economics, vol. 17, pp. 182-200, 2014.

  • "Corporate Culture and Identity Investment in an Industry Equilibrium" (with V. Hiller), Journal of Economic Behavior and Organization, vol. 103, pp. 93-112, 2014.

  • "Product-Based Cultural Change: Is the Village Global?," (with N. Maystre, J. Olivier, and M. Thoenig), Journal of International Economics, vol. 92, n°2, pp. 212-230, 2014.

  •  "Non-linear Geographics and the Economics of Transition and Democratization" (with E. Brezis), The Economics of Transition, vol. 21(1),  pp. 53-71, 2013.

  • “Are Lives a Substitute for Livelihoods? Terrorism, Security, and U.S. Bilateral Imports” (with D. Mirza), Journal of Conflict Resolution, 57, 6, np. June, 2013. 

  • “The Political Economy of Clientelism” (with J. Robinson), Scandinavian Journal of Economics, 115(2), pp. 260-291, 2013.  

  • "The Determinants of Intra-firm Trade" (with G. Corcos, D. Irac, and G. Mion), Review of Economics and Statistics, 95(3), pp. 825-838, 2013.

  • "International Trade with Domestic Regulation under Asymmetric Information: A Simple General Equilibrium Approach," (with D. Martimort), Rand Journal of Economics vol. 43(4), pp. 650-676, December, 2012.

  • "Globalization and Human Capital Empowerment" (with D. Marin), Journal of International Economics, 86(2), pp. 209-223, March, 2012.
  • "Cultural Persistence and the Persistence of Oppositional Identities" (with A. Bisin, E. Patacchini and Y. Zenou), European Economic Review, 55, pp. 1046-1071, 2011.
  • "Segregation, Entrepreneurship and Work Values: The case of France" (with C. Senik), Journal of Population Economics, vol. 24(4), pp. 1207-1234, October, 2011.
  • “Ethnic Identity and Labour-Market Outcomes of Immigrants in Europe” (with A. Bisin, E. Patacchini and Y. Zenou), Economic Policy, Issue 65, January, pp. 57-92,  2011.
  • "Financial Globalization and the Governance of Domestic Financial Intermediaries" (with Thierry Tressel), Journal of the European Economic Association, 9(1), pp. 130-175, 2011.
  • "A Macroeconomic Perspective on Knowledge Management" (with M. Thoenig), Journal of Economic Growth, 15(1), pp. 33:63, 2010.
  • " Goodwill Bazaar and NGO Competition and Giving to Development " (with G. Aldashev), Journal of Development Economics, 91(1), pp. 48-63, 2010.
  • "Cultural transmission, Socialization and the Population Dynamics of Multiple-Trait Distributions," (with A. Bisin and G. Topa), International Journal of Economic Theory, vol. 5(1), pp. 139-154, 2009.
  • "When NGOs Go Global: Competition on International Markets for Development Donations" (with G. Aldashev), Journal of International Economics, 79(2), pp. 198-210, 2009.
  • "Power in the Multinational Corporation in Industry Equilibrium" (with D. Marin), Economic Theory, vol. 38, pp. 437-464, 2009.
  • "Globalization and the Dynamics of Cultural Identity" (with J.Olivier and M. Thoenig), Journal of International Economics, vol. 76, 2, pp. 139-416, 2008.
  • "Are Muslim Immigrants Different in Terms of Cultural Integration?" (with A. Bisin, E. Patacchini and Yves Zenou), Journal of the European Economic Association, vol. 6, 2-3, pp. 445-456, 2008.
  • "International Trade, Security and Transnational Terrorism: Theory and Empirics" (with Daniel Mirza), Journal of Comparative Economics, vol. 36, 2, pp. 179-194, 2008.
  • "Market Power Inside the Firm and the Market" (with D. Marin), Journal of the European Economic Association,  vol. 6, 4, pp. 752-788, 2008.
  • "Aid and Trade" (with A. Suwa-Eisenmann), Oxford Review of Economic Policy, 23, pp. 481-507, 2007.
  • "Strong and Weak Ties in Employment and Crime" (joint with T. Calvo and Y. Zenou), Journal of Public Economics, vol. 91, 1-2, ch09 0024, 2007.
  • "The political Incentives of Resource Booms" (with J. Robinson and R. Torkvik), Journal of Development Economics, 79, 2, pp. 0240, 2006.
  • "The Political Economy of Education and Development in an Open Economy" (with F. Bourguignon), International Economics Review, vol.13, 6892, August 2005.
  • "The Effect of law and Enforcement on Corruption and Organized Crime" (with M. Kugler and Y. Zenou), Journal of Public Economics, vol. 89, pp. 1639-9640 C, 2005.
  • "Auctions, Corruption and Unilateral Controls" (with O. Compte and A. Lambert-Mogiliansky), Rand Journal of Economics, vol.36, 1, pp. 1-15, Spring 2005.
  • "The Agency Cost of Internal Collusion and Schumpeterian Growth" (with D. Martimort), Review of Economic Studies, October, vol. 71, 4, pp. 1119-1142, 2004.
  • "Kleptocracy and Divide-and-Rule" (with D. Acemoglu and J. Robinson), Journal of the European Economic Association, vol. 2-3, Proceedings, 2004.
  • "Cooperation as a Transmitted Cultural Trait" (with A. Bisin and G. Topa), Rationality and Society, vol. 16, 4, pp. 477-507, 2004.
  • "Crime, Location and Beliefs" (with Yves Zenou), International Economic Review, vol. 45, 3, pp. 731-760, 2004.
  • "Religious Intermarriage and Socialization in the US" (with A. Bisin and G. Topa), Journal of Political Economy, vol. 112, pp. 615-665, 2004.
  • "Political Institutions and Economic Reforms in Eastern Europe and Asia: A Snowball Effect" (with Elise Brezis), Economic Systems, vol. 27, pp. 289-311, 2003.
  • "From Inside the Firm to the Growth Process" (with D. Martimort), Journal of the European Economic Association, vol. 1, 2-3, April-May, pp. 621-629, 2003.
  • "Globalization and the New Enterprise" (with D. Marin), Journal of the European Economic Association, vol. 1, 2-3, April-May, pp. 337-344, 2003.
  • "A Theory of Defensive Skill Biased Innovation and Globalization" (with Mathias Thoenig), American Economic Review, vol. 93, 3, pp. 709-728, 2003.
  • "Law Enforcement and Transition" (with G. Roland), European Economic Review, vol.47, pp. 669-685, 2003.
  • "Corruption Top Down or Bottom Up?" (with R. Gardner and C. Waller), Economic Inquiry, vol. 40, 4, pp. 688-703, 2002.
  • "Public Policies and the Dynamics of Cultural Values in the Welfare State" (with A. Bisin), Annales d’Economie et de Statistique, n° 63-64, pp. 215-233, 2002.
  • "Dynamism and Inertia on the Russian Labour Market: A Model of Segmentation", (with I. Grosfeld, C. Senik-Leygonie, S. Kolenikov, E. Paltseva), Journal of Comparative Economics, 2001.
  • "Agents with Imperfect Empathy may survive Natural Selection" (with A. Bisin), Economic Letters, vol. 71, pp. 277-285, 2001.
  • "The Economics of Cultural Transmission and the Dynamics of Preferences" (with A. Bisin), Journal of Economic Theory, vol. 97, pp. 298-319, 2001.
  • "The Internal Organization of the Firm, Transaction Costs and Macroeconomic Growth" (with D. Martimort), Journal of Economic Growth, vol. 5, pp. 315-340, 2000.
  • "Is Financial Openness Bad for Education: A Political Economy Perspective" (with F. Bourguignon), European Economic Review, vol. 44, pp. 891-903, 2000.
  • "Beyond the Melting Pot:  Cultural Transmission, Marriage and the Evolution of  Ethnic and Religious Traits" (with  A. Bisin), Quarterly Journal of Economics, vol. 3, pp. 955-988, 2000.
  • "Oligarchy, Democracy, Inequality and Growth" (with F. Bourguignon), Journal of Development Economics, vol. 62, pp. 285-313, 2000
  • "A Model of Cultural Transmission, Voting and Political Ideology" (with A. Bisin), European Journal of Political Economy, vol.16, pp. 5-29, 2000.
  • "The Choice between Market Failure and Corruption" (with D. Acemoglu), American Economic Review, March, vol. 90, 1, pp. 194-211, 2000 .
  • "Transition and the Output Fall" (with G. Roland), Economics of Transition, vol. 7, 1, 1999.
  • "Corruption, Property Rights and The Allocation of Talent: A General Equilibrium Approach" (with D. Acemoglu), The Economic Journal, vol. 108, pp. 1381-1403, 1998
  • "On the Cultural Transmission of Preferences for Social Status" (with A. Bisin), Journal of Public Economics, vol. 70, pp. 75-97, 1998.
  • "Results-Oriented versus Rules-Oriented Trade Policies: A Theoretical Survey", European Economic Review,vol. 42, pp. 733-744, 1998.
  • "Power, Disributive Conflicts, and Multiple Growth Paths" (with G. Saint-Paul), Journal of Economic Growth , vol.2, pp. 155-168, 1997.
  • "The Political Economy of Declining Industries: Senescent Industry Collapse Revisited" (with L. Brainard), Journal of International Economics, vol. 42, 1-2, pp. 221-238, 1997.
  • "Inequality, Redistribution and Growth: A Challenge to the Conventional Political Economy Approach" (with G. Saint-Paul), European Economic Review, vol. 40, pp. 719-728, 1996.
  • "Standardization and Protection in a Vertical Differentiation Model" (with M.H. Jeanneret), European Journal of Political Economy, vol. 12, pp. 253-271, 1996.
  • "Secret Buy-backs of LDC Debt" (with D. Cohen), Journal of International Economics, vol. 39, pp. 317-334, 1995.
  • "Spatial Competition in the Banking System: Localization, Cross Subsidies and the Regulation of Deposit Rates" (with P.A. Chiappori and D.J. Pérez-Castrillo), European Economic Review, vol. 39, pp. 889-918, 1995.
  • "Privatisation in Eastern Europe: Irreversibility and Mass Critical Effect" (with G. Roland), Journal of Public Economics, vol. 54, pp. 161-183, 1994.
  • "Models of Political Economy of Growth: A Short Survey", European Economic Review, vol. 38, pp. 757-763, 1994.
  • "Lobbying and Adjustment in Declining Industries" (with L. Brainard), European Economic Review, vol. 38, pp. 586-595, 1994.
  • "On Subsidizing R&D" (with D. Pérez-Castrillo), Revista Espanola de Economia, Monografico "Investigation y Desarollo", pp. 9-20, 1993.
  • "Welfare Aspects of Technological Adoption with Learning" (with T. Magnac), Journal of Public Economics, vol. 52, pp. 31-48, 1993.
  • "Education, Democracy and Growth" (with G. Saint-Paul), Journal of Development Economics, vol. 42, pp. 399-407, 1993.
  • "Historical Accidents and the Persistence of Distributional Conflicts" (with G. Saint-Paul), International Journal of the Japanese Economy, vol. 6, pp. 406-422, 1992
  • "A General Theory of Rent-seeking Games" (with D. Pérez-Castrillo), Public Choice, vol. 73, pp. 335-350, 1992.
  • "Strategic Managerial Incentives and Cross-Ownership Structure: A Note" (with I. Macho-Stadler), Journal of Economics, vol. 51, pp. 285-297, 1991.
  • "Debt Adjustment Can Generate Domestic Conflicts" (with I. Diwan), Revue d'Economie Politique, Special Issue on "International Debt Problems", 1991.