Economic Growth

Scuole Superiore Sant’Anna, Pisa

Chapter 1: Introduction - Slides

Jones, Charles I. 2015 (May). The Facts of Economic Growth. Working Paper 21142. National Bureau of Economic Research. DOI: 10.3386/w21142.
Maddison, Angus. 1991. Dynamic Forces in Capitalist Development. A Long-Run Comparative View. Oxford and New York: Oxford University Press.
Penn World Table
Maddison Project
World Bank Open Data

Part I: Fragility of growth in a Keynesian universe
Chapter 2: Growth in a simple Keynesian framework -Slides

Harrod, R. F. 1939. An Essay in Dynamic Theory. The Economic Journal, 49(193), 14-33.
Harrod, R. F. 1960. Second Essay in Dynamic Theory. The Economic Journal, 70(278), 277-293.
Domar, Evsey D. 1947. Expansion and employment. The American Economic Review, 34–55.

Chapter 3: Post-Keynesian solution: Distribution as a stabilizing force - Slides

Kaldor, Nicholas. 1955. Alternative Theories of Distribution. The Review of Economic Studies, 23(2), 83.
Kaldor, Nicholas. 1957. A Model of Economic Growth. The Economic Journal, 67(268), 591–624.

Part 2: Growth in a neoclassical universe
Chapter 4: Growth and convergence in the Solow Model - Slides

Solow, Robert M. 1956. A Contribution to the Theory of Economic Growth. The Quarterly Journal of Economics, 70(1), 65.
Solow, Robert M. 1957. Technical Change and the Aggregate Production Function. The Review of Economics and Statistics, 39(3), 312.
Sala-I-Martin, Xavier X. 1997. I Just Ran Two Million Regressions. The American Economic Review, 87(2), 178–183.
Hall, Robert E., & Jones, Charles I. 1996. The Productivity of Nations. NBER Working Paper No. w5812.

Chapter 5: Education, human capital and growth - Slides

Mankiw, N. Gregory, Romer, David, & Weil, David N. 1992. A Contribution to the Empirics of Economic Growth. Quarterly Journal of Economics, 107(2), 407–437.
• Hall, R.E. and Charles I. Jones, 1999, Why Do Some Countries Produce So Much More Output Per Worker Than Others?, The Quarterly Journal of Economics, Vol. 114, No. 1, pp. 83-116

Chapter 6: Endogenous saving behavior, and optimal growth (The Ramsey model) - Slides

Ramsey, F. P. 1928. A Mathematical Theory of Saving. The Economic Journal, 38(152), 543–559.

Modeling sessions