The 5th edition -- 2020. Supplement on COVID-19
The 3rd edition,
with Dietz Vollrath (slides).
Recent Papers"Population and Welfare: The Greatest Good for the Greatest Number" (preliminary slides only, with Adhami, Bils, and Klenow), April 2022
"The Past and Future of Economic Growth: A Semi-Endogenous Perspective" Annual Review of Economics, August 2022 (slides | video)
"Race and Economic Well-Being in the United States" (with Brouillette and Klenow), June 2022, Version 2.0 (slides)
"Recipes and Economic Growth: A Combinatorial March Down an Exponential Tail" July 2022, Version 3.0 (slides | video). Revision requested by the JPE
"The End of Economic Growth? Unintended Consequences of a Declining Population" August 2022, Version 3.0 (slides | video) Conditionally accepted at the AER
"Taxing Top Incomes in a World of Ideas" September 2021, Version 4.0 (slides). Accepted for publication by the JPE
"Nonrivalry and the Economics of Data" (with Chris Tonetti), American Economic Review, September 2020 (slides)
"Are Ideas Getting Harder to Find?" (with Bloom, Van Reenen, and Webb), American Economic Review, April 2020 (slides)
"The Allocation of Talent and U.S. Economic Growth" (with Hsieh, Hurst, and Klenow), Econometrica, September 2019 (brief video)
"Paul Romer: Ideas, Nonrivalry, and Endogenous Growth" Scandinavian Journal of Economics, July 2019
"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)
Winner of the 2021 Robert E. Lucas Jr. Prize from the JPE.
"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.
Covid-19 Research"Macroeconomic Outcomes and COVID-19: A Progress Report" (with Fernandez-Villaverde) Brookings Papers on Economic Activity Fall 2020. (slides | replication files)
"Estimating and Simulating a SIRD Model of COVID-19 for Many Countries, States, and Cities" (with Fernandez-Villaverde) Journal of Economic Dynamics and Control Volume 140, July 2022. (slides)
"Trading Off Consumption and COVID-19 Deaths" (with Hall and Klenow) Minneapolis Fed Quarterly Review, June 2020. (slides)
07/19/22: Latest basic semi-endogenous growth slides
11/29/21: Econ 1 Lecture on "Economic Growth and Development"
02/26/21: Robert Morris University Teaching Conference, Rich vs Poor Countries and COVID
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
10/16/15: "Growth and Ideas": Teaching slides on my favorite topic. See also "On the 25th Anniversary of Romer (1990)"
What Else is New?
07/09/21: Generous write-up of my research by Leopold Aschenbrenner
01/26/21: Country Snapshots 10.0: Lots of data on every country in the world in a nice, graphical format (updated to Penn World Tables 10.0)
05/28/20: Twitter -- @ChadJonesEcon
07/01/19: My Suggestions to Referees at Econometrica
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 300: Stanford MBA Macroeconomics, Spring 2022: Syllabus
- MgtEcon 610, Autumn 2021: Topics in Macroeconomics (PhD Course on Economic Growth)
-- Slides: Growth and Ideas | Romer1990Jones2005 | Kortum (1997) | DirectionTechChange | The Very Long Run
- MgtEcon 342, Spring 2015: Business and Macroeconomics in Today's Global Economy (an MBA elective)
- Robert Morris University Teaching Conference, February 2021: Slides
- Textbook supplement on COVID-19 and the Macroeconomy
- 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)