this page, you will find all the material of a class of Advanced Macro:
Economic Growth. To start with, some lectures are necessary. The book
of David Weil "Economic Growth" (3rd Edition) is a perfect manual. I
also recommend strongly the slides offered by Daron Acemoglu, they are
extremly precise, complete and easy to read. For my class, I especially
recommend to read Lectures 4 to 11 in order to catch up with the basics
of economic growth models. You can find them here:
If you need to catch up rapidly with the basics of OLG models and simple endogenous growth
models, you can be tempted to read the slides of Yulei Luo from HKU.
These slides are in line with Acemoglu but the presentation is shorten:
On OLG models, you can also read the enlightening, more complete but
more technical book of David de la Croix and Philippe Michel "A
Theory of Economic Growth : Dynamics and Policy in Overlapping
Generations". Here are some of my slides (in French) summarizing some parts of the book.
The main idea of this course is that it is barely impossible to
understand the history of economic growth without understanding the
history of human populations. Economics has traditionally investigated
topics and used methods coming from other disciplines. Here we will
rely a lot on history, antrhopology and demography. Since the seminal
contribution of Becker (1960), economists have developed a unified
framework allowing to analyze family behaviors with the tools of
microeconomy. This is the main topic of my first lecture: here are the slides.
It is then time to reconsider the history of economic growth and
population dynamics at the light of the works of Oded Galor and David
Weil who have identifed three main phases over time. I deliver here a
reading of Galor and Weil's contribution using complementary
information. A lot of the slides I use here have been originally built
by David de la Croix. Here are the slides.
To understand how some populations have escaped from Malthusian
stagnation while some others didn't, it is warmly recommended to read
the famous book of Oded Galor "Unified Growth Theory". To present this
theory, I use the slides of a lecture given by Oded Galor, they are here. These slides are complete and extremely well written.
A recent literature has developed around the idea that some necessary
conditions have to be met before the main mechanism of the UGT can take
place. This is the case for instance of the accumulation of upper
tailed human capital: you can find the contribution of Mara Squarcini
and Nico Voigtländer on this topic here.
I will present here a recent contribution of Baudin and Stelter that
shows how favorable geographical and migratory conditions have been
necessary too: here.
In the recent years, a very active literature has emerged to measure
the deep roots of economic growth and comparative development. In this
respect, the contributions of Oded Galor are key again. I then present
this contribution and its refinements here.
After this rapid tour of the frontier of knowledge about long run
economic growth, I show how population dynamics and family behaviors
are key for a series of other hot topics:
* Economic crisis, economic booms and reproduction: paper.
* Wars, conflicts and fertility: paper
* Culture, economy and population:
- Becker and Stigler’s critics
- Measures of cultural transmission and preferences
transmission -> paper
of cultural transmission and preferences
transmission: an application to gender differences in
preferences -> paper
* Childlessness and higher order parities: economic and demographic
inequalities -> paper 1, paper 2