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Capital Formation and Economic Growth
October 10, 1997
Hoover Institution
Stanford University
Agenda
| 8:30 am |
Continental Breakfast, |
| 9:00 am |
WELCOME
Dr. John Raisian Director, Hoover Institution
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| 9:05 am |
INTRODUCTION Some Issues in Understanding Economic Growth
--Prof. Michael J. Boskin Senior Fellow, Hoover Institution T.M. Friedman Professor of Economics, Stanford University
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| 9:15 am |
ALTERNATIVE THEORIES OF ECONOMIC GROWTH: WHAT WE DO AND DON'T KNOW
Chair: Prof. Thomas J. Sargent Senior Fellow, Hoover Institution Professor of Economics, University of Chicago
Paper: "Studying the Growth Process: A Primer" --Prof. Arnold C. Harberger Professor, University of California, Los Angeles President, American Economic Association
Paper: "What Have We Learned from Models of Endogenous Technological Change?" --Prof. Paul M. Romer Dean Witter Foundation Senior Research Fellow, Hoover Institution Professor, Graduate School of Business, Stanford University
Paper: "What Do We Really Know About Economic Growth?" --Prof. J. Bradford De Long Professor of Economics, University of California, Berkeley
Discussion: --Prof. Charles I. Jones Assistant Professor of Economics, Stanford University
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| 11:15 am |
Coffee Break |
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| 11:30 am |
CAPITAL FORMATION AND ECONOMIC GROWTH
Chair: Prof. Michael J. Boskin
Paper: "There is No Silver Bullet: Investment and Growth in the G7" --Prof. Dale W. Jorgenson F. E. Abbe Professor of Economics (Chairman), Harvard University
Paper: "Lessons from the Asian Experience" --Prof. Lawrence J. Lau Senior Fellow, Hoover Institution K.T. Li Professor of Economic Development, Stanford University Director, Center for Economic Policy Research, Stanford University
Discussion: --Prof. Alan J. Auerbach Burch Professor of Economics, University of California, Berkeley
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| 1:00 pm |
Lunch |
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| 2:00 pm |
HUMAN CAPITAL: EDUCATION, JOB TRAINING AND ECONOMIC GROWTH
Chair: Prof. Thomas MaCurdy Senior Fellow, Hoover Institution Professor, Department of Economics, Stanford University
Paper: "Is There Underinvestment in Human Capital?" --Prof. James J. Heckman H. Shultz Professor of Economics, University of Chicago
--Prof. Peter J. Klenow Associate Professor of Economics, Graduate School of Business, University of Chicago
Discussion: --Prof. Edward Lazear Senior Fellow, Hoover Institution J. S. Parker Professor, Graduate School of Business, Stanford University
--Prof. John Pencavel Chairman, Dept. of Economics, Stanford University
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| 3:00 pm |
Coffee Break |
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| 3:15 pm |
GOVERNMENT POLICY AND ECONOMIC GROWTH
Chair: Prof. Michael J. Boskin
Paper: "Government Policy and Economic Growth" --Prof. Robert J. Barro Senior Fellow, Hoover Institution Professor of Economics, Harvard University
Paper: "Fundamental Determinants of Output per Worker across Countries" --Prof. Robert E. Hall Senior Fellow, Hoover Institution Professor of Economics, Stanford University
--Prof. Charles I. Jones Assistant Professor of Economics, Stanford University
Discussion: --Prof. Kenneth L. Judd Senior Fellow, Hoover Institution
--Prof. John B. Taylor Bowen H. McCoy Senior Fellow, Hoover Institution M. and R. Raymond Professor of Economics, Stanford University
--Prof. B. Douglas Bernheim L. and V. Eaton Professor of Economics, Stanford University
--Prof. Laurence J. Kotlikoff Professor of Economics, Boston University
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| 4:30 pm |
CONCLUSION |
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