The course provides the main mechanisms to understand and critically assess the recent evolution of poverty and inequality. It particular, it studies the underlying patterns causing divergences in income and daily-life opportunities between people.
We will cover some mathematical models of economic growth, the application of these models to problems facing developing nations, and real-world data both supporting
and contradicting these models.
The course is gives both in part a historical overview of the development process of countries and the differences in living standards between countries and between people within the same country. We will cover macro phenomenon and micro evidence underlying the development process. We will be looking at the role of market imperfections which lead to misallocations and their effect on policy making.
Gurtegh SINGH
Séminaire
English
Spring 2022-2023
To validate the course, the student is expected to pass the following assignments (at least three grades):
1°) Take home exam based on a research paper (Choice of 2 papers with 4 questions for each) (50%)
2°) One group presentation on a topic held throughout the session (30%)
3°) Participation in discussion and debate for the group presentation (20%)
At the end of the course, the student is expected to :
1°) Differentiate among alternative methods of impact evaluation when applying different sets of policies. They will acquire an understanding of the academic and applied literature on developing economies, and a critical view of the role and effectiveness of experiments in economic development.
2°) Apply both quantitative and qualitative development models to discuss the importance of population growth, health, education, and governance. (Homework with exercises from a textbook)
3°) Describe the significance of economic, political, historical, geographical, institutional, and environmental factors involved in the development of poor nations. (Group presentations and class discussions in alternate sessions)
Jones, Charles I., and Peter J. Klenow. "Beyond GDP? Welfare across countries and time."American Economic Review 106.9 (2016): 2426-57. Microeconomic Insights
Lakner, Christoph; Mahler, Daniel Gerszon; Negre, Mario; Prydz, Espen Beer. 2020. How Much Does Reducing Inequality Matter for Global Poverty?. Global Poverty Monitoring Technical Note;. World Bank, Washington, DC
Caselli, Francesco, Accounting for Cross-Country Income Differences in Handbook of Economic Growth, Philippe Aghion and Steven Durlauf, eds. (Amsterdam: North-Holland Press, 2005), 679– 741, (2005)