Economics 2070 - Fall 2015

Download the syllabus here.

Aghion and Howitt The Economics of Growth chapter 2 (AK model)

Aghion and Howitt The Economics of Growth chapter 3 (Product variety)

Here is a reworked version of chapter 4 (The Schumpeterian Model) of The Economics of Growth.

A reading not listed in the Syllabus is: Endogenous Growth Theory by Philippe Aghion and Peter Howitt. MIT Press, 1998. In particular, ch. 3 develops a continuous time Schumpeterian model with capital accumulation.

Here is a handout sketching a Schumpeterian version of Kortum's 1997 model of growth through search.

Here is a handout with a simple explanation of Lucas's 2009 model of growth through search.

Here is a the survey paper sketching the Klette-Kortum analysis that I discussed in the very last lecture.