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Macroeconomic Theory I

by: Jayda Beahan Jr.

Macroeconomic Theory I EC 750

Marketplace > Boston College > Economcs > EC 750 > Macroeconomic Theory I
Jayda Beahan Jr.
GPA 3.86

Fabio Schiantarelli

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Fabio Schiantarelli
Class Notes
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This 4 page Class Notes was uploaded by Jayda Beahan Jr. on Saturday October 3, 2015. The Class Notes belongs to EC 750 at Boston College taught by Fabio Schiantarelli in Fall. Since its upload, it has received 24 views. For similar materials see /class/218055/ec-750-boston-college in Economcs at Boston College.


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Date Created: 10/03/15
EC75001 MACROECONOMIC THEORY Fall 2002 Fabio Schiantarelli McGuinn Room 517 Tel 6175524512 of ce 6176308091 home EiMail schiantabcedu Reading material and course on The three basic sources of information for the course are 1 David Romer Advanced Macroeconomics 2001 McGrawHill DR for short 2 Barro RJ and X SalaIMartin Economic Growth 1998 Cambridge MIT Press BSM for short 3 OliVier jean Blancth and Stanley Fisher Lectures on Macroeconomics 1989 MIT Press BF for short Romer s book is necessary but not suf cient I will supplement it with Blanchard and Fisher I will also use sparingly the Notes and Study Guide to Blanchard and Fisher written by Stephen Cecchetti SC for short For the section on growth in particular endogenous growth I will use mainly Barro and SalaIMartin I will also direct you to the original papers This is going to be particularly true for the section on applied growth Course outline 1 Trends and Fluctuations in Aggregate Data The Facts and Some Background DR Chapter 48 BF Chapter 11 BSM Chapter 12 2 The Solow Growth Model DR Chapter 1117 BSM Chapter 1 3 The Ramsey Model DR Chapter 2129 BF Chapter 2123 BSM Chapter 2 4 The Overlapping Generations Model a The Samuelson Endowment Economy SC Lecture 5 b The Diamond Model With Production DR Chapter 210214 BF Chapter 3133 excluding intergenerational altruism c Intergenerational Altruism Social Security and Ricardian Equivalence BF Chapter 31 pp 104114 SC Lecture 7 5 Endogenous Growth a One Sector Models of Endogenous Growth BSM Chapter 4 b Two Sectors Models of Growth DR Chapter 3 Part A BSM Chapter 5 c Technological Change Models with Expanding Variety of Products BSM Chapter 61 d Technological Change Models with Improvements in the Quality of Products BSM Chapter 7 Aghion P and P Howitt Endogenous Growth Theog 1999 MIT Press Chapter 2 and 3 6 Empirical Analysis of Growth Rates Barro and SalaIMartin Chapter 12 Pritchett L quotDivergence Big Timequot Journal of Economic Perspective 11 no3 1997 pp 317 De Long B and L H Summers quotEquipment Investment and Economic Growthquot uarterl Journal of Economics 106 no2 May 1991 pp445502 De Long B and L H Summers quotHow Strongly Do Developing Economies Bene t from Equipment 39 quot Journal of Monetarv E 39 32 December 1993 Young A The Tyranny of Numbers Confronting the Statistical Realities of the East Asian Growth Experience QJE August 1995 pp 641680 V Kremer M Population Growth and Technological Change One Million BC To 1990 QJE August 1993 pp681716 Jones CL RampD Based Models of Economic Growth JPE vol 103 n4 1995 pp 759784 Mankiw G Romer D and DN Weil A Contribution to the Empirics of Economic Growth May 1992 pp 407437 Aghion P and P Howitt Endogenous Growth Theog 1999 MIT Press Chapter 12 Klenow P and A RodriguezClare quotThe Neoclassical Revival in Growth Economics Has It Gone Too Farquot in Bemanke B and J Rotemberg eds NBER Macroeconomic Annual 1997 1997 Cambridge MA MIT Press Easterly W and R Levine quotIt Is Not Factor Accumulation Stylized Facts and Growth Modelsquot 2000 World Bank mimeo Introduction to stochastic dynamic optimization Investment with adjustment costs a review of deterministic case BSIM chapter 35 b stochastic case my notes


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