Category Archives: Reference Material

References for the Classes on 8th & 9th August

For the last bit in the class, we will refer to two chapters of “A Farewell to Alms” by Gregory Clark. Chapter 16, “The Proximate Sources of Divergence”, and chapter 17, “Why isn’t the whole world developed?”

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Aug 11th Exam References

We have addressed a number of topics since the last exam. Here is a list of references relevant for the exam on Aug 11th.

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Stiglitz: A new paradigm for development

Towards a New Paradigm for Development by Joseph Stiglitz forms an important part of our readings for this week (together with James Dorn’s paper — link in the previous post), and Peter Bauer’s paper (see the previous post.) We will … Continue reading

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Markets, Traders, and Development

On Monday August 1st, we will discuss two articles. The first is by Peter Bauer, “Subsistence, Trade, and Exchange: Understanding Developing Economies.” I had distributed a hard-copy of the article in class on Thursday. The other is by James A … Continue reading

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Climate Change and Economic Development

In a NY Times article, “Building a Green Economy,” Paul Krugman asks, “. . . is it possible to make drastic cuts in greenhouse-gas emissions without destroying our economy?” and answers,

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Some questions and answers

Take a look at the two handouts which have some questions related to what we have discussed in class. The first relates to the Harrod-Domar model and the second to questions on data.

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Technological progress and the Solow Residual

In a comment to the July 6th lecture notes post, Elaine asked, How does the Solow Model explains technology growth as exogenous and how this relates to the Solow Residual. Can you please clarify? The answer to that is in … Continue reading

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