The course will present different analytical perspectives along with empirical evidence on themes such as the relationship between labour market regulation, income distribution and employment growth, which are very relevant for economic analysis and current debates concerning economic policy.
teacher profile teaching materials
Module I
- alternative theories of primary income distribution and employment
- Harrod and Solow's growth models and demand-led growth
- Technical change. employment and growth
Module II
- the impact of labour market reforms and macroeconomic policies: theory and empirical evidence
- the interpretation of the changes in income distribution and their impact on employment and growth
- Employment and wages in Italy
During the course, data and results of empirical literature will be presented along with theoretical approaches.
INTRODUCTORY - FOUNDATIONS:
hand-outs with copy of:
Fabio Petri, "What capital theory can teach us"
Pierangelo Garegnani "Two routes to effective demand"
Antonella Stirati “Unemployment, institutions and the living standard in the classical theory of wages”
Antonella Stirati “Employment theories from Adam Smith to the present: an overview”
PART II PRODUCTIVITY EMPLOYMENT AND GROWTH:
R. Harrod, "An essay on dynamic theory
R. Solow, "A contribution to the theory of Economic growth
Cesaratto, Serrano e Stirati “Technical change, effective demand and employment”
N. Kaldor, On the causes of slow growth in UK
A. Okun “Potential GNP: its measurement and significance”
“Puzzles, paradoxes, and regularities: cyclical and structural productivity in the United States (1950-2005)” di Jeon e Vernengo, da pag. 237 a 243
Programme
The course consists of two modules of 30 hours each, the first of which is taught in EnglishModule I
- alternative theories of primary income distribution and employment
- Harrod and Solow's growth models and demand-led growth
- Technical change. employment and growth
Module II
- the impact of labour market reforms and macroeconomic policies: theory and empirical evidence
- the interpretation of the changes in income distribution and their impact on employment and growth
- Employment and wages in Italy
During the course, data and results of empirical literature will be presented along with theoretical approaches.
Core Documentation
Various papers and essays collected in hand-outs available at the library. English alternatives to the Italian readings are suggested to foreign students. Below the detail:INTRODUCTORY - FOUNDATIONS:
hand-outs with copy of:
Fabio Petri, "What capital theory can teach us"
Pierangelo Garegnani "Two routes to effective demand"
Antonella Stirati “Unemployment, institutions and the living standard in the classical theory of wages”
Antonella Stirati “Employment theories from Adam Smith to the present: an overview”
PART II PRODUCTIVITY EMPLOYMENT AND GROWTH:
R. Harrod, "An essay on dynamic theory
R. Solow, "A contribution to the theory of Economic growth
Cesaratto, Serrano e Stirati “Technical change, effective demand and employment”
N. Kaldor, On the causes of slow growth in UK
A. Okun “Potential GNP: its measurement and significance”
“Puzzles, paradoxes, and regularities: cyclical and structural productivity in the United States (1950-2005)” di Jeon e Vernengo, da pag. 237 a 243
Type of delivery of the course
Lectures by the teacher plus some presentations by the studentsAttendance
Optional but strongly recommendedType of evaluation
Final Examination: essay questions, some of which can be chosen by the student among a short list During the course: presentation of an academic article chose among those presented by the professor