Eco551. Macroeconomics I. 2022
by A. Bergeaud (1st part) and A. Riboni (2nd part)
There are several good textbooks covering the material of this course: e.g., Acemoglu (2009) and Barro and Sala-i-Martin (2004). See also Aghion and Howitt (2008), Stokey, Lucas and Prescott (1989) and Blanchard and Fisher (2000). Niepelt (2019)'s book is excellent (it covers several macro topics -- it does not especially focus on growth theory). Last but not least, the downladable textbook by Azzimonti, Krusell, McKay, Mukoyama (2025) is also excellent.
Inequality
references: In class I did the discrete-time version from Barro R. and X. Sala-i-Martin (2004). Economic Growth section 2.6.7
The Expanding Variety Model
references: Read Acemoglu Ch. 13
references: Read Acemoglu 14.1
The Overlapping Generations Model
References: 3.1, 3.2, 4.1, Lectures on Macroeconomics by Blanchard and Fischer. See also Krueger macro theory notes, Ch. 8. and Romer's Mecroeconomics Textbook Ch. 2.
Optional: Watch Blanchard (2019) AEA presidential address, and paper. An interesting overview on OLG models by Weil, 2008
Structural Transformation, Big Push
Herrendorf, Rogerson and Valentinyi (2013) Growth and Structural Transformation NBER w paper. In class I went over Section 3.2 and 4.1.3 (*).
References on the "Big Push":Ray, Debraj 2000, Notes for a course in development Economics, See Section 4.4 for the MSV big-push model
Hoff, 2000, Beyond Rosenstein-Rodan The Modern Theory of Underdevelopment Traps, mimeo. A nice overview for those interested in these topics.
Murphy, Shleifer Vishny, 1989, The Industrialization and the big push, JPE.
Krugman, The Fall and Rise of Development Economics, worth reading: interesting and provocative.