Università Roma Tre

The course will present alternative theories of primary income distribution and employment and draw their implications for
- the analysis of growth,
- the causes and effects of technical change
- the impact of labour market reforms and macroeconomic policies
- the interpretation of the changes in income distribution and their impact on employment and growth
During the course, data and results of empirical literature will lso be presented.

Various papers and essays collected in hand-outs available online (moodle) and at the library. 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

PART III - READINGS ON: FLEXIBILITY and EMPLOYMENT; CAUSES OF THE CHANGES IN INCOME DISTRIBUTION; CONFLICT OVER INCOME DISTRIBUTION AND ECONOMIC POLICY
The professor will propose readings that will be presented by the students. Intersted students will be given the opportunity to read papers on these themes relating to the Italian Economy.
All the reading for the course will be made available online to the students attending the course