Teaching
Currently Teaching
Macroéconomie
Macroéconomie 2 (L2)
This course introduces the IS-LM and Mundell-Fleming models for the students of L2.
Recommended Books
- "Macroeconomics" by N. Gregory Mankiw
Macroéconomie Dynamique (L3)
This course introduces the Solow and Ramsey models for the students of L3.
Recommended Books
- "Advanced Macroeconomics" by David Romer
- "Economic Growth" by Robert J. Barro and Xavier Sala-i-Martin
Comparative Development
Ce cours est une introduction à la théorie de la croissance unifiée, qui essaie de comprendre l'évolution de l'économie pour toute l'histoire de l'humanité.
Un élément central de cette théorie est la relation entre la consommation par tête, l'effet du progrès technologique sur la dépréciation du capital humain et comment ces deux facteurs déterminent le niveau d'éducation.
Enfin, nous verrons également quelques applications empiriques de la théorie pour illustrer ses concepts clés.
Recommended Books
- "Unified Growth Theory" by Oded Galor
- "The Journey of Humanity: The Origins of Wealth and Inequality" by Oded Galor
- "Guns, Germs and Steel: The Fates of Human Societies" by Jared Diamond
Related Articles
- Roots of Gender Equality: the Persistent Effect of Beguinages on Attitudes Toward Women
- Solar Eclipses and the Origins of Critical Thinking and Complexity
- Migration and the Epidemiological Approach Time and Self-Selection into Foreign Ancestries Matter
- Understanding cultural persistence and change: a replication of Giuliano and Nunn (2021)
OLG
The Overlapping Generations (OLG) Model is a macroeconomic framework that departs from the Ramsey model by assuming that individuals only live for some periods or time, which creates heterogeneity across generations.
Unlike the Ramsey model, the decentralized solution to the OLG model may not be optimal, and government intervention may be necessary.
For instance, the OLG model shows that creating a public pension system may be optimal.
The OLG model is very flexible and can accommodate a large range of assumptions.
We revisit some papers that change the baseline model in interesting ways.
Recommended Books
- "A Theory of Economic Growth: Dynamics and Policy in Overlapping Generations" by David de la Croix and Philippe Michel
Related Articles
- Understanding cultural persistence and change: a replication of Giuliano and Nunn (2021)
- Migration and the Epidemiological Approach Time and Self-Selection into Foreign Ancestries Matter
Méthodologie de la Recherche
This course presents some ideas and methods for conducting replication studies in economics.
We will discuss the challenges and best practices in the field, as well as the role of replication in the scientific process.
We present tools that can help researchers design and implement replication studies effectively: Stata, Python and Quarto; and Git.
Related Articles
- Understanding cultural persistence and change: a replication of Giuliano and Nunn (2021)
Past Courses
International Trade
This course covers the Standard Trade model.
It unifies Ricardian trade and the Heckscher-Ohlin model.
The model shows that trade improves welfare.
We then analyze trade barriers.
We discuss when they can improve welfare for the country implementing them.
Recommended Books
- "International Economics" by Paul Krugman and Maurice Obstfeld
- "World Trade and Payments" by Richard E. Caves, Jeffrey A. Frankel, and Ronald W. Jones
Ramsey
The Ramsey model is a central workhorse model in modern macroeconomics that builds upon the Solow model by endogenizing savings.
This improvement allows for a more realistic depiction of long-run economic growth, as individuals now have an incentive to save more in anticipation of future consumption.
The course will cover the basic structure of the model and its key assumptions, including the role of intertemporal tradeoffs.
Students will learn how to solve for the model's steady-state equilibrium.
Recommended Books
- "Advanced Macroeconomics" by David Romer
- "Economic Growth" by Robert J. Barro and Xavier Sala-i-Martin
Ramsey (with Government)
Extension of the Ramsey model that incorporates a government.
We analyse how fiscal policy affects the convergence of the model towards its steady state under different assumptions.
Recommended Books
- "Advanced Macroeconomics" by David Romer
- "Economic Growth" by Robert J. Barro and Xavier Sala-i-Martin