- Docente: Paolo Onofri
- Credits: 10
- SSD: SECS-P/02
- Language: Italian
- Teaching Mode: Traditional lectures
- Campus: Bologna
- Corso: Second cycle degree programme (LM) in Economics and Economic Policy (cod. 8420)
Course contents
The course begins reviewing growth theory and the tools required to get optimal growth paths in different model-economies (topics, already dealt with in Advanced Macro). Attention is paid to the relations between market structures and growth, international integration and growth, fiscal policy and growth. More room is given to the overlapping generations models and the presence of public debt.
Moving from this background, empirically calibrated models of long term growth of the economies of single countries are the main issue of the second part of the course. The long run effects of different pension systems both on growth and on resources distribution among generations is the goal of this analysis. The fundamental factor driving these long run growth models is the present and future structure of the population; time is devoted to the study of the features of the current demographic transition. Different countries and different areas of the world are experiencing different phases of demographic transitions; theoretical and empirical multi-countries models are considered in the final part of the course in order to draw implications from the de-synchronisation of the demographic transitions.
Links to further information
http://www2.dse.unibo.it/onofri/
Office hours
See the website of Paolo Onofri