The 4th edition -- 2017.
The 3rd edition,
with Dietz Vollrath (slides).
Recent Papers"Paul Romer: Ideas, Nonrivalry, and Endogenous Growth" March 19, 2019. Prepared for the Scandinavian Journal of Economics.
"Taxing Top Incomes in a World of Ideas" March 2019, Version 1.0 (Slides).
"Nonrivalry and the Economics of Data" (with Chris Tonetti), July 2018, Version 0.6. (Slides).
"Are Ideas Getting Harder to Find?" (with Bloom, Van Reenen, and Webb), February 2019, Version 3.0. (Slides). R&R at the AER.
"The Allocation of Talent and U.S. Economic Growth" (with Hsieh, Hurst, and Klenow), April 2019, Version 7.0. Forthcoming in Econometrica.
"Artificial Intelligence and Economic Growth" (with Aghion and B. Jones), in Agrawal, Gans, and Goldfarb, The Economics of Artificial Intelligence, 2019 (Slides)
"A Schumpeterian Model of Top Income Inequality" (with Jihee Kim), Journal of Political Economy, October 2018. (Slides)
"The Productivity Slowdown in Advanced Economies" ECB Forum on Central Banking, June 2017.
"The Facts of Economic Growth" Handbook of Macroeconomics, 2016.
"Beyond GDP? Welfare across Countries and Time" (with Pete Klenow) American Economic Review, September 2016.
"Life and Growth" Journal of Political Economy, April 2016.
"Pareto and Piketty: The Macroeconomics of Top Income and Wealth Inequality" Journal of Economic Perspectives, Winter 2015.
"The Future of U.S. Economic Growth" (with John Fernald), American Economic Review Papers and Proceedings, May 2014.
"Misallocation, Economic Growth, and Input-Output Economics" in Advances in Economics and Econometrics, Tenth World Congress, Volume II, Cambridge University Press, 2013.
"Intermediate Goods and Weak Links in the Theory of Economic Development" American Economic Journal: Macroeconomics, April 2011 (Slides).
"The Value of Life and the Rise in Health Spending" (with Bob Hall), Quarterly Journal of Economics, February 2007.
What Else is New?
10/15/18: Simpson Lecture at Princeton: "The Future of Economic Growth"
10/12/18: "New ideas about new ideas: Paul Romer, Nobel laureate" for VoxEU.org
09/30/16: Country Snapshots 9.0: Lots of data on every country in the world in a nice, graphical format (updated to Penn World Tables 9.0)
10/16/15: "Growth and Ideas": Teaching slides on my favorite topic. See also "On the 25th Anniversary of Romer (1990)"
12/08/11: Google Scholar page.
03/29/11: Useful matlab functions, especially for making graphs
06/10/08: My latex style. Especially nice on a computer screen or color printer; hyperlinks throughout.
The third edition of my textbook on economic growth, now coauthored with Dietz Vollrath. Here it is at Amazon. The data in Table C.2 of the book can be downloaded from here.
- MgtEcon 610, Autumn 2018: Topics in Macroeconomics (PhD Course on Economic Growth)
-- Slides: Growth and Ideas | Romer1990Jones2005 | Kortum (1997) | DirectionTechChange | The Very Long Run
- MgtEcon 300: Stanford MBA Macroeconomics, Spring 2019: Syllabus
- MgtEcon 342, Spring 2015: Business and Macroeconomics in Today's Global Economy (an MBA elective)
- Useful Graphs for Teaching: Contains updates of many time-sensitive graphs from the Short-Run section of Macroeconomics, as well as a number of other useful graphs that haven't yet made it into the text. (I'll update every 6-12 months or so).
- Data and computer programs used in my papers
- Country Snapshots Lots of data in nice graphs.
- Useful matlab functions, especially for making graphs | mondrian.m and .png
- My computer tips
- My research tagxedo | Bob Hall (more here)
My Latest Not-a-Blog Listings (complete list): Things I've read and enjoyed...
Seems like it applies to economics as well: "Physicists spend a large part of their lives in a state of confusion. It's an occupational hazard. To excel in physics is to embrace doubt while walking the winding road to clarity. The tantalizing discomfort of perplexity is what inspires otherwise ordinary men and women to extraordinary feats of ingenuity and creativity; nothing quite focuses the mind like dissonant details awaiting harmonious resolution. But en route to explanation -- during their search for new frameworks to address outstanding questions -- theorists must tread with considered step through the jungle of bewilderment, guided mostly by hunches, inklings, clues, and calculations. And as the majority of researchers have a tendency to cover their tracks, discoveries often bear little evidence of the arduous terrain that's been covered. But don't lose sight of the fact that nothing comes easily. Nature does not give up her secrets lightly." -- Brian Greene The Fabric of the Cosmos, Chapter 16.
A fact is worth a thousand theories... (?)
Data Links: FRED | NipaFRED | NIPATables | Knoema | Quandl | BLS | FedBalanceSheet | Euro | Economist | EconomistHouse | Shiller | Country Snapshots | PennWorldTables | IMF | WB(Google) | FOMC | WSJForecast | SurveyProfFore | CBO | EcReportPresident | ConferenceBoard | WorldBank | TradingEconomics | WDI | OECDOutlook | FRBIntRates | TopIncomes | HHSurveys | REDMicroData | ILOHours | StateofUSA | NSF
Contact Information:Graduate School of Business
655 Knight Way
Stanford, CA 94305-4800
Phone: (650) 725-9265, Fax: (650) 724-7402
(directions to my office)