ECN-7110A Croissance et fluctuations Automne Faculté des sciences sociales Département d économique

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1 Faculté des sciences sociales Département d économique Professeur: Lloyd Paquin Automne 2012 Bureau: 2168 pavillon J-A-De-Sève Tel.: Courrier électronique: Heures de consultation: 13h30 à 14h30 le lundi et jeudi. ECN-7110A Croissance et fluctuations Manuel : - Aghion, P. et P. Howitt (2010). L Économie de la croissance, Paris Fr, Economica. Autres références : Acmoglu, D. (2008). Introduction to Modern Economic Growth, Princeton University Press. Aghion, P. et S.N. Durlauf (Ed.) (2005). Handbook of Economic Growth, Amsterdam, Elseiver North- Holland. Aghion, P. et P. Howitt (1998). Endogenous Growth Theory, MIT Press. Barro, R.J. et X. Sala-i-Martin (2003). Economic Growth, 2ième édition, MIT Press. Helpman, E. (2004). The Mystery of Economic Growth, Belknap Press of Harvard University Press. Jones, C. I. (1998). Introduction to Economic Growth, New York, W.W. Norton. Weil, D. (2008). Economic Growth, 2 ième édition, Boston, Addison-Wesley. 1

2 Évaluation: L'évaluation de la performance de chaque étudiant dans le cours sera basée sur les résultats de quatre exercices, deux examens et un travail long. Chaque exercices comptera pour cinq pour cent de la note finale, chaque examen comptera pour vingtcinq pour cent de la cette note et le travaii long pour trente pour cent de cette note. L examen partiel aura lieu le 25 octobre. Le travail long est à remettre le 20 décembre. L'examen final aura lieu le 13 décembre. Modèles de croissance néo-classique: Arrow, K.J. (1962). The Economic Implications of Learning by Doing, Review of Economic Studies, 29, Barro, R.J. (1974). "Are Government Bonds Net Wealth?, Journal of Political Economy, 66, 6 (December), pp Becker, G., K. Murphy et R. Tamura (1990). "Human Capital Fertility, and Economic Growth," Journal of Political Economy, 98, 5 (October), part II, pp. S12-S37. Cass, D. (1965)."Optimum Growth in an Aggregative Model of Capital Accumulation." Review of Economic Studies, 32(July), pp Cass, D. et M.E. Yaari (1967). "Individual Savings, Aggregate Capital Accumulation, and Efficient Growth," Karl Shell, ed., Essays on the Theory of Optimal Economic Growth, Cambridge MA, MIT Press, pp Denison, E.F. (1967). Why Growth Rates Differ, Washington D.C., The Brookings Institution. Denison, E.F. (1974).Accounting for United States Economic Growth , Washington D.C., The Brookings Institution. Diamond, P. (1965). " National Debt in a Neoclassical Growth Model." American Economic Review, 55, 5(December), pp Domar, E. D.(1946). Capital Expansion, Rate of Growth, and Employment. Econometrica, 14, Dorfman, R. (1969). "An Economic Interpretation of Optimum Control Theory." American Economic Review, 59, 5 (December), pp Harrod, R.F. (1939). "An Essay in Dynamic Theory," Economic Journal, 49 (June), pp Inada, Ken-Ichi (1963). "On a Two-Sector Model of Economic Growth: Comments and a Generalization," Review of Economic Studies, 30 (June), pp Koopmans, T.C. (1965). "On the Concept of Optimal Economic Growth," The Economic Approach to Development Planning, Amsterdam, North Holland, Kuznets, S. (1973). "Modern Economic Growth: Findings and Reflections", ` American Economic Review, 63, 3 (June), pp Malinvaud, E. (1953). "Capital Accumulation and Efficient Allocation of Resources," Econometrica, 21, pp

3 Malthus, T.R. (1798). An Essay on the Principle of Population, London, W. Pickering, Phelps, E.S. (1966). Golden Rules of Economic Growth, New York, Norton. Ramsey, F. (1928). "A Mathematical Theory of Saving," Economic Journal, 38 (December), pp Samuelson, P.A. (1958). "An Exact Consumption-Loan Model of Interest with and without the Social Contrivance of Money," Journal of Political Economy, 66, 6 (December), pp Sheshinski, E. (1967). "Optimal Accumulation with Learning by Doing," Karl Shell, ed., Essays on the Theory of Optimal Economic Growth, Cambridge MA, MIT Press, pp Sidruski, M. (1967). "Rational Choice and Patterns of Economic Growth," American Economic Review, 57, 2 (May), pp Solow, R.M. (1956)."A Contribution to the Theory of Economic Growth." Quarterly Journal of Economics, 70, 1 (February), pp Swan, T. W. (1956)." Economic Growth and Capital Accumulation." Economic Record, 32(November), pp Tirole, J. (1985). "Assets Bubbles and Overlapping Generations," Econometrica, 53, pp Summers, R. et A. Heston (1991). "The Penn World Table (Mark 5): An Expanded Set of International Comparisons, ," Quarterly Journal of Economics, 106, 2(May), pp Uzawa, H. (1964). "Optimal Growth in a Two-Sector Model of Capital Accumulation," Review of Economic Studies, 31(January), pp Modèles de croissance endogène: Acemoglu, D., S. Johnson et J. Robinson (2005), Institutions as a Fundamental Cause of Economic Growth, Dans Aghion P. et S.N. Durlauf (Eds.) Handbook of Economic Growth, Amsterdam, Elsevier North-Holland. Acemoglu, D., et J. Ventura (2002), The World Distribution of Income, Quarterly Journal of Economics, 117, Aghion, P. (2002), "Schumpeterian Growth Theory and the Dynamics of Income Inequality, "Econometrica, 70, 6, pp Aghion, P. et P. Howitt (1992). "A Model of Growth through Creative Destruction," Econometrica, 60, 2, pp Aghion, P. et P. Howitt (1994). "Growth and Unemployment," Review of Economic Studies, 61, pp Aghion, P., C. Harris, P. Howitt et J. Vickers (2001). "Competition, Imitation and Growth with Step-by-Step Innovation." Review of Economic Studies, 68, Aghion, P., P. Howitt et G.I. Volante (2002). "General Purpose Technology and Wage Inequality." Journal of Economic Growth, 7, Alesina, A. et D. Rodrik (1994). "Distributive Politics and Economic Growth", Quarterly Journal of Economics, 109, 2(May), pp Atkinson, A. (1996). "Bringing Income Distribution in from the Cold," Presidential Address to the Royal Economic Society, Swansea. Baily, M. et R.J. Gordon (1988). "The Productivity Slowdown, Measurement 3

4 Issues, and the Explosion of Computer Power," Brooking Papers on Economic Activity 2, pp Baldwin, R.E., P. Martin et G.I.P. Ottaviano (2001), "Global Income Divergence, Trade, and Industralization: The Geography of Growth Take-Offs", Journal of Economic Growth, 6,1 pp Barro, R.J. (1990). "Government Spending in a Simple Model Of Endogenous Growth," Journal of Political Economy, 98, 5 (October), part II, pp. S103-S125. Barro. R.J. (2000), "Inequality and Growth in a Panel of Countries", Journal of Economic Growth, 5,1(March), pp Barro. R.J. (2001). "Human Capital and Growth", American Economic Review, 91,2(May), pp Benabou, R. (1996a). "Inequality and Growth," B.S. Bernanke et J. Rotemberg, eds., NBER Macroeconomic Annual 11, Cambridge, MA, MIT Press. Benabou, R. (1996b). "Heterogeneity, Stratification, and Growth: Macroeconomic Implications of Community Structure and School Finance," American Economic Review, 86, 3 (September), pp Benabou, R. (2002). "Tax and Education Policy in a Heterogeneous-Agent Economy: What Levels of Redistribution Maximize Growth and Efficiency? ", Econometrica, 70, 6, pp Burtless, G. (1995). "International Trade and the Rise in Earnings Inequality", Journal of Economic Literature, 33, pp Caballé, J. (1995). "Endogenous Growth, Human Capital and Bequests in a Life-Cycle Model," Oxford Economic Papers, 47, 1, pp Card, D. et A. Krueger (1992). "Does School Quality Matter? Returns to Education and the Characteristics of Public Schools in the United States," Journal of Political Economy, 100, pp Easterlin, R.A. (2000). "The Worldwide Standard of Living since 1800", Journal of Economic Perspectives, 14,1 (Winter), pp Galor, O. et J. Zeira (1993). "Income Distribution and Macroeconomics," Review of Economic Studies, 60, pp Glomm, R. et B. Ravikumar (1992). "Public vs. Private Investment in Human Capital: Endogenous Growth and Income Inequality," Journal of Political Economy, 100, 4, pp Griliches, Z. (1994). "Productivity, R&D, and the Data Constraint," American Economic Review, 84, 1 (March), pp Grossman, G.M. et E. Helpman (1991). Innovation and Growth in the Global Economy, Cambridge MA, MIT Press. Lucas, R.E. (1988). "On the Mechanics of Economic Development," Journal of Monetary Economics, 22, pp Mankiw, N.G., D. Romer et D.N.Weil (1992). "A Contribution to the Empirics of Economic Growth," Quarterly Journal of Economics, 107, 2(May), pp Onliner, S. et D.E. Sichel (2000). "The Resurgence of Growth in the Late 1990s: Is Information Technology the Story? ", Journal of Economic Perspectives, 14, 4 (Fall), pp Panizza, U. (2002). "Inequality and Growth: Evidence from American Data", Journal of Economic Growth, 7,1 (March), pp Perotti, R. (1993). "Political Equilibrium, Income Distribution, and Growth," 4

5 Review of Economic Studies, 610, pp Perotti, R. (1996). "Growth, Income Distribution, and Democracy: What the Data Say," Journal of Economic Growth, 1, 2, pp Rebelo, S. (1991). "Long-Run Policy Analysis and Long-Run Growth,"Journal of Political Economy, 99, pp Romer, P.M. (1986). "Increasing Returns and Long Run Growth," Journal of Political Economy, 94, 5, pp Romer, P.M. (1987). "Growth Based on Increasing Returns Due to Specialization," American Economic Review Papers and Proceedings, 77, 2, pp Romer, P.M. (1990). "Endogenous Technological Change," Journal of Political Economy, 98, 5, part 2, pp Saint-Paul, G. et T. Verdier(1993). "Education, Democracy and Growth," Journal of Development Economics, 42, 2, pp Schumpeter, J.A. (1934). The Theory of Economic Development, Cambridge MA, Harvard University Press. Uzawa, H. (1965). "Optimal Technical Change in an Aggregate Model of Economic Growth" International Economic Review, 6, pp Young, A. (1993). "Substitution and Complementarity in Endogenous Innovation,"Quarterly Journal of Economics, 108, 3, pp Young, A. (1995). "The Tyranny of Numbers: Confronting the Statistical Realities of the East Asian Growth Experience," Quarterly Journal of Economics, 110, pp Zweimüller, J. (2000). "Schumpeterian Entrepreneurs Meet Engel s Law: The Impact of Inequality on Innovation-Driven Growth", Journal of Economic Growth, 5, 2 (June), pp

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