Office Hours
Tuesday 2.30 - 3.30 pm
Thursday 11 am -12 noon
7424 Social Science
Midterm
1
Answer Key
Thursday March 8
3335 Sterling
Midterm
2 Topics/readings
Thursday May 10(last day of classes)
3335 Sterling
Microeconomic Theory Resources/Tutor Information
Handout Gap between
Rich and
Poor
Handout Growth Facts
Handout on Returns
to Scale and Change of Variable
Lecture Notes 1
Lecture Notes 2
Lecture Notes 3
Handout
on Solow Model equations
Handout
on Growth Accounting
East Asian Renaissance Presentation
Argentina Crisis Presentation (Spring
2007)
Handout on Inequality in Transition
Economies
East Asia
Some
Lessons from the East Asian Miracle by Joseph Stiglitz, The World
Bank Observer, 1991
Microeconomic Theory Notes for "Two
Strategies
for Economic Development" by Paul Romer.
Monopsony Notes for "Two
Strategies for Economic Development" by Paul Romer.
"Sound
Finance and Sustainable development in Asia" Keynote Address to the
Asia Development Forum by J. Stiglitz,
Chief
Economist, The World Bank, March 1998.
The Myth of Asia's
Miracle by Paul Krugman, Foreign Affairs (Just read the
paragraph related to E. Asia Growth, it is called
Paper
Tigers)
Asia:
What went wrong ? by Paul Krugman, Fortune
Latin America
Latin America and
Foreign
Capital in the Twentieth Century: Economics, Politics, and
Institutional
Change , Alan M. Taylor , NBER Working Paper No.w7394 ,October
1999.
Argentina and the
World Capital Market: Saving, Investment, and International Capital
Mobility
in the Twentieth Century, Alan M. Taylor , NBER Working Paper
No.w6302
December 1997
Political
economy and economic development in Latin America in the second half of
the 20th century
by E. Grilli, Journal of Policy Modelling (27), 2005.
The
Equity Gap: a second assessment (summary) ECLA, 2000
Argentinian 2001 Crisis (class
presentation)
Latin America 2004, current economic
conditions (class presentation)
Handout on capital inflows
Handout on Output growth
Handout on Income Distribution
Miscelaneous Notes on Trade Theory
Former Soviet Union/ Eastern Europe
The Soviet
Economic
Decline: Historical and Republican Data, by W. Easterly and S. Fischer,
NBER Working Paper 4735, 1994
(pdf version of entire paper)
Transition
economies: Performance and Challenges by Jan Svejnar,
Journal
of Economic Perspectives, Winter 2002.
Policy Reform and
Growth
in Post-Soviet Russia by Daniel Berkovitz and David DeJong,
European
Economic Review, April 2003.
Lanjouw, J. O., Peter Lanjouw, Branko Milanovic
and Stefano Paternostro (2004). "Relative Price Shifts, Economies
of Scale and Poverty During Economic Transition". The Economics of
Transition. Vol. 12, no. 3, pp. 509-36.
European
Union Enlargement: Implications for New Member Countries, The US, and
World Trade by
Nancy Cochrane and Ralph Seeley, USDA, ERS Outlook Report No.
(WRS040501) 20 pp, April 2004.
"Growth, Initial Conditions, Law and Speed of Privatization in Transition Countries: 11 Years Later", with Sergio Godoy, NBER Working Paper 11992, January 2006, also presented at the 2004 AEA meetings in San Diego and at the London Business School conference, "Comparative Transitions: A Critical Review"
Exam 1 Spring 2006
Exam 2 Spring 2006
PAPER:
DATA: World
Development Indicators Database (WDI) (campus access only)
Handout
on WDI
Country
at a Glance Tables (go down and select a country),
Technical
Explanations about Country at a Glance tables
Selection
of Series (HTM document)
Instructions
for diagrams in excell (posted 4-28-04)
Data example:
Indonesia
Sources of
bibliographical
references for Latin America (on Reserve at College Library)
Other Data/Information Sources:
World Bank : Country at a Glance (same data available at the WDI99 Database) but on line: http://www.worldbank.org/data/countrydata/countrydata.html
IMF country information : http://www.imf.org/external/country/index.htm#T
Penn World Tables (basic economic series from 1951-1990 for a large
group of countries): http://datacentre.chass.utoronto.ca/pwt/index.html
Important Links:
Countrywatch (very nice current report, go to login help and click login via my IP address). Works only from campus .n
IMF: International Monetary Fund
The World Bank: Policy Research
Department
EIU
Country Reports (Economist Intelligence Unit) (1993-)
Another link for Country
Briefings/ The Economist
Institute for International Economics
Another link for country
reports/ The Economist
Global Economy Journal
Social Science
Research Network
(1)Simulations
Solow Model with population growth and without technological change
(countries
differ in population growth parameter)
(2)Simulations
Solow Model with population growth and without technological change
(countries
differ in savings rate)
(3)Simulations
Solow Model with population growth and technological change (countries
differ in initial technology parameter A)
(4)Simulations
Solow Model with population growth and technological change (countries
differ in savings rates)
Development Theory:
Ranis, Gustav, "The
Evolution of Development Thinking: Theory and Policy" (May 2004).
Yale
University Economic Growth Center Discussion Paper No. 886.
http://ssrn.com/abstract=551645
Eastern Europe /Transition Economies:
International
Finance Corporation: Eastern Europe
World
Bank: Europe and Central Asia
William Davidson Institute at Univ. of Michigan (WDI is a non-profit, independent,
research and
educational institute dedicated to developing and disseminating
expertise on issues affecting firms in transition economies )
Working
Paper List
The Annual Bank Conference on Development Economics: Washington,
April 1999 (Good Papers on the Transition in Eastern Europe and
the
Former Soviet Republics)
Stabilization, Adjustment and Growth prospects in Transition Economie , by C Denizer, the World Bank 1997
East Asia:
East
Asian Renaissance: Ideas for Economic Growth (World Bank, Jan
2007)
Association
of South East Asian Nations (ASEAN)
World
Bank East Asia and Pacific Region
Volatility
and Contagion in a Financially-Integrated World: Lessons from East
Asia's
Recent Experience (1998)
The
Asian Crisis: Capital Markets Dynamics and Spillovers (1998/99)
Latin America:
The
Standard of Living in Latin America during the 20th Century
byPablo Astorga, Ame Berges, Valpy FitzGerald
, 2005 Oxford
Latin America Economic History Database
World
Bank: Latin America and the Caribbean
ECLA
(Economic Comission for Latin America)
Interamerican
Development Bank (IDB)
Ricardo
Caballero's page at MIT
Trade
reform and Wage Inequality in Colombia Orazio Attanasio, Pinelopi
K.
Goldberg, b and Nina Pavcnik, JDE, August 2004.
Sebastian
Edwards, Dollarization: Myths and realities, Journal of
Policy
Modeling, Volume 23, Issue 3, April 2001, Pages 249-265.
(http://www.sciencedirect.com/science/article/B6V82-439MFST-3/2/ba7e113b299a95eb11c54f12c93d37ea)
Inflation
Stabilization Notes by Carmen Reinhart