Exercises in Economic Growth

Spring 2013, Thursdays 8-10, CSS 25.01.53

The exercises are an integral part of the course. Generally, the problem set for class exercises will be announced here at the latest Friday 12:00 the week before. You are supposed to try solving the problems before meeting in class. Instructor is Niklas Brønager
The collection of exercise problems is here.

Week Topic Solve                                    Comments
        before        after
6 Conceptual issues. Catching-up. Technology, CRS or? Problem I.1, I.3, I.4, and as much as possible from I.5.
 		 In addition to preparing the problems, reading LN 1 and LN2 (one pdf-file)is recommended.  As to I.3f), see Errata.
 
7 Solow in continuous time. Sustained productivity growth without technical progress? I.4c)-d), I.5g)-j), I. 7, and I.9 (III.1. postponed). As to I.5f) and I.9c), see Errata.  
8 Growth accounting vs. sources of growth. Technology differences across countries. III.1, III.2, III.6. As to III.6a), see Errata. Came to III.6b).
9 Technology differences across countries, cont'd.
Speed of convergence. The end of the Malthusian epoch. 		Finish III.6, solve III.7, II.2, and, if time allows, III.3.   Came to III.3b).
10 The end of the Malthusian epoch (cont'd). Knowledge as a production factor. International factor movements. Finish III.3. Solve III.4, III.5.    
11 Brush-up on the Ramsey model. IV.1, IV.2.   Came to IV.2e).
12 Applying the Ramsey model.
 		 8.15-9.00: Finish IV.2, solve IV.5.
9.15-10.00: workshop -solve midterm paper problem.		 Bring your laptop.  
13 Easter break      
14 Applying the Ramsey model.
 		 8.15-9.00: workshop -solve midterm paper problem.
9.15-10.00: IV.8, V.1.		 Bring your laptop.
15 Human capital and R&D V.3, V.7, and V.8. Came to V.8d).
16 Class cancelled.      
17 Human capital. Social capital. The institutions hypothesis. Learning by investing. Finish V.8d), solve VI.9, VI.10, VI.1, and VI.2.   VI.2 postponed.
Remember external evaluation in Week 18.
18 Investment-promoting policy. Growth accounting vs. causes of growth.   VI.2, VI.7, VI.4, and if time allows, VI.5 which is a brief continuation of VI.4. VI.7a) can be done fast by applying your result from VI.1b) in Week 17. Came to VI.7e).
19, 10/5 A public productive service. Fully endogenous growth vs. semi-endogenous growth. Finish VI.7, solve VI.4 and VI.5.  Note that in Week 19 class is Friday 16-18 in CSS 7.0.01. Came to VI.4d).
20 The lab equipment model and the first-best solution. Jones' knowledge-spillover model. Finish VI.4. Browse VI.5. Solve VII.4 and VII.7. (Concerning VII.6, see exam 2011.) 8-10 as usual in CSS 25.01.53. Came to VII.7 which, regarding analytical method, has some affinity with Problem V.7, solved in Week 15.