Exercises in Economic Growth

Spring 2008, Wednesdays 11-12, CSS 5-1-22. Teacher: Christian Groth

Generally, the problem set for the coming week is announced here Friday afternoon at 16:00
the week before or earlier. You are supposed to try solving the problems before we meet in class.

Week Topic Solve                       Comments
        before        after
6 Technology. CRS or?
How many years does it take China to double its GDP?		 Problem I.1 and I.2 in Problem Set I.
 
7 Convergence issues. Solve the exercise at the end of Lecture Note 3. Problem I.5 was postponed to 20th of February.
8 Conditional convergence?  Produc-tivity slowdown in the Ramsey model. Problem I.5 and I.12 New room: CSS 5-1-22
(in another building)		  
9 Productivity slowdown in the Ramsey model. Finish I.12 (from d)).   We consider I.12, h) and i) Monday 3/3, where I will correct a mistake I made  concerning I.12, g).
10 Taxation in the Ramsey model. When the marginal product of capital is bounded away from zero. Solve II.3 and Problem I.7.    
11 Policy in Romer's learning-by-investing model Solve III.1.    
12 Easter holiday      
13 Lectures. No exercises. Midterm paper.    
14 Productive public services and taxation. Solve Problem IV.1
15 A follow-up on productive public services and taxation. See Solution to IV.1 and check whether you agree or have questions. Solve Problem IV.2.
16 An education subsidy Solve Problem V.1. Solution here.    
17 More on human capital modelling. Discussion of solution to V.1. Solve V.2   See correction.
18 Increasing variety models Solve Problem VI.2   We finish VI.2 Monday 5/5.
19 First-best solution in an increasing-variety model Solve Problem VI.3.    
20 First-best policy.  Increasing variety model with semi-endogenous growth. Check whether you have questions to the solutions to e)-g) of VI.3 and to VI.9. Because of the time constraint we integrate the discussion of VI.9 with the lecture.  
10/6 Exam preparation meeting 14.15-16 Please send me questions by email at the latest 9/6.    
13/6  Exam