MODELIZACION ECONOMICA II 4. Crecimiento equilibrado con progreso tecnico exogeno. Los hechos estilizados del largo plazo macroeconomico. El modelo neoclasico de crecimiento economico (Solow-Swan-Ramsey-Cass-Koopmans) con progreso tecnico exogeno: estructura y funcionamiento del modelo; regla de oro de la acumulacion y eficiencia economica; contabilidad del crecimiento y residuo de Solow. Hipotesis de la convergencia: teoria y contrastacion empirica. Conclusiones. Bibliografia: Solow [1956], Phelps [1961], Ramsey [1928], Solow [1957], Barro [1991], Barro y Sala-i-Martin [1991 y 1992], Friedman [1992], Dolado et al.[1994], Quah [1993]. 5. Crecimiento con progreso tecnico endogeno. Progreso tecnico exogeno y residuo de Solow: la medida de nuestra ignorancia. Formas de endogeneizar el progreso tecnico: rendimientos crecientes a escala, externalidades positivas del capital fisico y del capital humano. Grado de rivalidad y grado de excluibilidad de los bienes: la naturaleza del progreso tecnico. Progreso tecnico a la Schumpeter (o la conveniencia de empezar de nuevo): El modelo de Romer. Conclusiones. Bibliografia: Romer [1994], Romer [1990]. REFERENCIAS BIBLIOGRAFICAS Dolado, J., Gonzalez-Paramo, J.M. y Roldan, J.M. [1994], "Convergencia Economica entre las Provincias Espanolas", Moneda y Credito, 198. Dolado, J., Sebastian, M., Valles, J. [1993], "Cyclical Patternsof the Spanish Economy", Investigaciones Economicas, Vol.XVII(3), 445-473. Septiembre. Barro, R.J. [1991], "Economic Growth in A Cross-Section of Countries", Quarterly Journal of Economics, May. Barro, R.J. [1981], "Output effects of Government Purchases", Journal of Political Economy, 89, 10-86-1121. Barro, R.J. y Sala-i-Martin, X. [1992], "Convergence", Journal of Political Economy, 100(2), 223-251, April. Barro, R.J. y Sala-i-Martin, X. [1991], "Convergence Across States and Regions", Brookings Papers on Economic Activity, 1, 107-182, April. Friedman, M. [1992], "Do Old Fallacies ever Die?", Journal of Economic Literature, 30(4), 2129-2132, December. Friedman, M. [1968], "The Role of Monetary Policy", American Economic Review, 58, 1 (March). King, R.G. y Plosser, C.I. [1984], "Money, Credit and Prices in A Real Business Cycle", American Economic Review, 74, 363-380. Kydland, F.E. y Prescott, E.C. [1977], "Rules Rather than Discretion: The Inconsistency of Optimal Plans", Journal of Political Economy, 85, June, pp.473-492. Lucas, R.E. [1977], "Understanding Business Cycles", en K. Brunner y A. Meltzer, eds., Stabilization of the Domestic and International Economy (North-Holland: Amsterdam). Lucas, R.E. [1973], "Some International Evidence on Output-Inflation Tradeoffs", American Economic Review, 63. Lucas, R.E. y Rapping, L.A. [1969], "Real Wages, Employment' and Inflation", Journal of Political Economy, 77, 721-754. Mankiw, N.G. [1989], "Real Business Cycles: A New Keynesian Perspective", Journal of Economic Perspectives, Vol.3, N.3, 79-90. Phelps, E. [1961], "The Golden Rule of Accumulation: A Fable for Growthmen", American Economic Review, 51, 638-643. Plosser, C.I. [1989], "Understanding Real Business Cycles", Journal of Economic Perspectives, Vol.3, N.3, 51-77. Prescott, E.C. [1986], "Theory Ahead of Business Cycle Measurement", Quarterly Review of the Federal Reserve Bank of Minneapolis, 10 (Fall). Quah, D. [1993], "Galton's Fallacy and Tests of the Convergence Hypothesis", The Scandinavian Journal of Economics, 95(4),427-443, December. Ramsey, F. [1928], "A Mathematical Theory of Saving", Economic Journal, 38, 543- 559. Romer, P.M. [1994], "The Origins of Endogenous Growth", Journal of Economic Perspectives, 8(1), 3-22, Winter. Romer, P.M. [1990], "Endogenous Technical Change", Journal of Political Economy, Dec. Sheffrin, S.M. [1989], The Making of Economic Policy (Blackwell: London). Solow, R.M. [1957], "Technical Change and the Aggregate Production Function", Review of Economics and Statistics, 39, 312-320. Solow, R.M. [1956], "A Contribution to the Theory of Economic Growth", Quarterly Journal of Economics, February, 65-94.