Paulo Brito: pbrito at iseg dot ulisboa dot pt
Schedule: 17.2.2021 - 12.5.2020 (no Easter break), wednesdays 20h-23h
Assessment: written exam
This is a course on economic growth theory, with a view on their relationship with the most important stylised facts on growth. Our main goal is to enable students to be acquainted with the main facts, theories, and problems. Ideally, upon successful completion of the course, the students should be able to understand the relevant literature and to have a knowledgeable reading of the facts.
|2||Toolkit for economic growth theory||Toolkit|
|3||Malthusian models||Malthusian growth theory||problem set 1: Malthus, problem set 1: solutions|
|4.1||Exogenous growth: add hoc||Solow growth theory||problem set 2: Solow, problem set 2: solutions|
|4.2||Exogenous growth: optimal growth,||Ramsey model||problem set 3: Ramsey, problem set 3: solutions|
|5.1||The AK and the Romer models||AK model , Romer externality growth model||problem set 4: AK and Romer|
|5.2||The Uzawa-Lucas model||Uzawa-Lucas growth model||problem set 5: Uzawa-Lucas|
|5.3.0||R&D an growth||Introduction|
|5.3.1||Expansion of varieties||R&D and expansion of varieties model||problem set 6|
|5.3.2||Expansion of quality: Schumpeterian models||RD Schumpeterian model||problem set 7|
|5.3.3||Directed technical change||RD directed technical change model|
|5.3.4||Automation||Robots and growth||problem set 8|
|6||Growth, taxes, and government debt||Growth and government debt||problem set 9|
|7||Growth and the environment.||Growth and the environment||problem set 10|
[Crafts and Woltjer(2020)] Nicholas Crafts and Pieter Woltjer. Growth accounting in Economic History: findings, lessons and new directions. Journal of Economic Surveys, n/a(n/a), 2020. doi: 10.1111/joes.12348. URL https://onlinelibrary.wiley.com/doi/abs/10.1111/joes.12348.
[Gallardo-Albarrán and Inklaar(2020)] Daniel Gallardo-Albarrán and Robert Inklaar. The role of capital and productivity in accounting for the incme differences since 1913. Journal of Economic Surveys, 2020.
Course notes 2018
Past exams: EN 2019-20 part 1| EN 2019-20 part 2| ER 2019-20 part 1| ER 2019-20 part 2| EN 2017-18 | ER 2017-18 |
Last change: May 5, 2021