What are the main challenges to understand the contribution of institutions to economic growth?Discuss

Description

 

Readings

1. Economic Growth – David N. Weil (Third Edition)

2. Income Distribution and Macroeconomics in The Review of Economic Studies

Article by O Galor; J Zeira 1993

3. SAVING RATES AND POVERTY: THE ROLE OF CONSPICUOUS CONSUMPTION AND HUMAN CAP… in The Economic Journal

Article by Omer Moav; Zvika Neeman 2012

4. Poor economics: a radical rethinking of the way to fight global poverty

Book by Abhijit V. Banerjee; Esther Duflo c2011

5. The Microfinance Disappointment: An Explanation Based on Risk Aversion

Document by Alexey Khazanov; Omer Moav; Zvika Neeman essential

6. How Deep Are the Roots of Economic Development? in Journal of Economic Literature,

Article by Spolaore, Enrico; Wacziarg, RomainTufts U and CESifo, Munich; UCLA 2013

7. Geography, Transparency, and Institutions in American Political Science Review,

Article by Mayshar, Joram; Moav, Omer; Neeman, ZvikaHebrew U Jerusalem; U Warwick and IDC Herzliya; Tel-Aviv U 2017

8. Cereals, Appropriability and Hierarchy

Document by Joram Mayshar; Omer Moav; Zvika Neeman

9. Economic growth

Book by Robert J. Barro; Xavier Sala-i-Martin 2003, c2004 essential

10. Poor Economics

Book by Abhijit Banerjee; Esther Duflo 2012

11. Why Do Some Countries Produce So Much More Output Per Worker Than Others? in The Quarterly Journal of Economics

Article by R, E. Hall; C, I. Jones

12. Does Trade Cause Growth? in The American Economic Review

Article by J, A. Frankel; D. Romer 1999 essential

13. The Wind of Change: Maritime Technology, Trade, and Economic Development. in American Economic Microfinance Review

Article by Luigi Pascali 2017 essential

14. The Colonial Origins of Comparative Development: An Empirical Investigation in The American Economic Review

Article by D. Acemoglu; S. Johnson; J, A. Robinson 2001

15. Urban Colossus: Why Is New York America’s Largest City?

Article by Edward Glaeser essential

Here is some guidance for the questions:

– Word limit: It is meant to force you to be precise and to mimic the type of questions you will find in the exam (short questions). We understand if you go slightly over, no need to cut a sentence short due to the word limit, but try to stay close to the word limit. Mathematical formulas don’t count to the word limit. Citations are not included in the word count, you can add any references to the end if needed. Otherwise, adding the name of the author of the paper and the year in the main answer is enough

– All questions: The word limit is the TOTAL amount of words you can write to answer the question.

– Question 3: Growth accounting

There was a typo in the assignment. I refer to Table I, in page 91 (sorry about the mistake), the same table you have in slide 25 of week 7 lecture.

Relative to the last part of the lecture, I just uploaded a new version of the assignment with a hint to help you answer it.

– Question 4: Yes, you have to answer “What are the main challenges to understand the contribution of institutions to economic growth?”. You can do this in a short sentence and then continue with the rest of the questions.

– Additional readings and material: The assignment has been written in order to make sure you have been paying attention and watching the pre-recorded material. Most of the questions will be easy enough for you to answer using only the materials covered in the slides. For the most difficult ones you may want to look at specific papers mentioned in the reading lists to look for details or read other materials to complement your answers.