I talk about African contemporaneous development. But to talk about African contemporaneous development, I have to talk about the role of pre-colonial institutions, and the slave trade, and the scramble for Africa, and also about the colonial institutions themselves. To understand African contemporaneous development - and ultimately to influence policy - we must have African historical development in mind. For that, new datasets, new methods and modern Economics can really help. I show how the literature on African economic development has evolved since the 1990s and how my teaching and research take the latest scientific developments into account.
In this part of the course I introduce the students to topics on African development. I cover the roles of pre-colonial history, state formation, the slave trade, colonialism, culture, democracy and media on development.
Syllabus and general information
TBA.
Syllabus and general information
In this course I introduce topics such as measurement, growth, unemployment, currencies, financial markets, public debt, global trade, and demographics and AI.
Syllabus and general information
In this course I introduce topics such as supply and demand, the buyer's problem, trade, externalities, game theory, the economics of discrimination, market structure, behavioral economics, the economics of diversity and the seller's problem.
Syllabus and general information
In this part of the course I cover topics in development macroeconomics. They include, automation and the labor market, government and populism, austerity and populism, WEIRD, state formation and capacity, and the environment.
In this course I cover topics in development macroeconomics. They include, automation and the labor market, internet, government and populism, austerity and populism, globalization and political polarization, state capacity, environment, crime and COVID-19.Â
I provide guidelines on how to go about your paper and then I go through a couple of papers so that you can reconcile the guidelines with actual papers. Alternatively speaking, you will learn what bullshit is, how to spot bullshit, how to avoid becoming a bullshitter and how to refute bullshit. In all, you will learn how to deal with rot.
The course provides an introduction to economic growth and to topics on macro-economic development. Firstly I cover the facts of growth and then the Solow growth model and its empirical applications. Secondly I cover the new growth theory. Lastly, I cover technology transfer, social infrastructure, population and natural resources.
I provide guidelines on how to go about your dissertation and then I go through a couple of papers so that you can reconcile the guidelines with actual papers.
In the first part of the course I introduce the students to the literature on growth economics since the 1990s. I cover seminal growth papers on the proximate determinants of growth. Then I cover more recent papers on the long-run roots of economic development, say, the roles of geography, the Neolithic transition, institutions, reversals, history of populations and ancestry on development. In the second part I introduce the students to topics on African development. I cover the roles of pre-colonial history, state formation, the slave trade, colonialism, culture, democracy and media on development.
I provide an introduction to panel time-series. I cover stationarity testing in panels, cross-section dependence testing, cointegration testing and estimation in heterogeneous parameter models.
In this part of the course I introduce the students to topics such as geography and the Neolithic transition, reversals, history of populations and ancestry, African pre-colonial history, culture and democracy.
I provide an introduction to the topics of democracy and growth, and political cycles in young democracies. I cover the papers by Barro, Papaioannou and Siourounis, and Acemoglu et al. on democracy and growth, and by Akhmedov and Zhuravskaya, and Brender and Drazen on political cycles.
A quick introduction to the Solow and Romer models.
The course provides an introduction to economic growth and to topics on development economics. Firstly I cover some historical facts and then the Solow growth model and its empirical applications. Secondly I cover the new growth theory. Lastly, I cover technology transfer, social infrastructure, population and natural resources.
Firstly, I provide a quick review of the linear regression model, endogeneity and instrumental variables, and measurement error. Secondly, I cover static panel data: random and fixed effects, first differencing, attrition and endogenous variables. I then cover dynamic panel data models, say, the generalized method of moments, weak instruments and system GMM. Lastly, I cover topics in panel time-series such as parameter heterogeneity, non-stationarity and cross-section correlation.
This course provides a review of the growth paradigms (the facts of growth, Solow, AK and endogenous growth models), and also of economic endogeneity. It then moves to some topics on growth and development economics (institutions, the unified growth theory, financial development, convergence and human capital, macroeconomic volatility, democracy and culture, openness and trade, and foreign aid and resources).
This course provides a quick review of the growth paradigms (the facts of growth, Solow, AK and endogenous growth models), and also of economic endogeneity. Then it moves to some topics on growth and development economics. The topics to be covered are the unified growth theory, institutions, financial development, convergence and human capital, macroeconomic volatility, openness and trade, and issues in open economies.
This course provides an introduction to some topics on growth and development macroeconomics. Some of the topics to be covered include an introduction to some macroeconometric methods, the unified growth theory, the political economy of institutions and [de]stabilisation, and the role of financial development on economic growth and inequality. I discuss the theoretical literature and then, in much more depth, the empirics and results of the relevant papers, and some of their limitations.
This course provides an introduction to some topics on development macroeconomics. I cover the role of [high]inflation and financial development on economic growth and inequality, and the political economy of [de]stabilization in developing economies. I discuss the theoretical literature and then the empirics and results of the relevant papers, and some of their limitations.
In this part of the course I cover: difference equations and dynamic models - linear difference equations of first and second order, and systems of difference equations. Lag operators and distributed lag models. Generalized method of moments estimation - general setup and estimation, non-scalar variance-covariance matrix and some diagnostic tests. Univariate stochastic processes - moving averages, auto regressive processes, unit roots, deterministic trends, AR with trend, autoregressive distributed lag models and spurious regressions. Introduction to panel time-series - fixed effects, random effects and random coefficients estimators. Dynamic heterogeneous panels - single equation estimation with fixed effects and random coefficients estimators. Panel unit root and cointegration tests - unit root and cointegration tests, and single equation estimation with I(1) variables. Cross section dependence - SURE and including means.