Alwyn Young

Last updated

Alwyn Young is a professor of economics and the Leili & Johannes Huth Fellow at the London School of Economics and Political Science (LSE). He held a named chair at the University of Chicago and was on the faculty at Boston University and the MIT Sloan School of Management before joining the LSE faculty. [1] A graduate of Cornell University, he holds an MA in law and diplomacy and a PhD in international relations, both from the Fletcher School of Law and Diplomacy at Tufts University, and a PhD in economics from Columbia University. Young has taught courses in introductory economics at the LSE to first-year undergraduates, and topics in modern economic growth as a part of advanced macroeconomics course at postgraduate level.

Contents

Well known academic papers by Alwyn Young include The tyranny of numbers: confronting the statistical realities of the East Asian growth experience [2] and A tale of two cities: factor accumulation and technical change in Hong Kong and Singapore [3] .

Professor Young's most recent research has focussed on growth in the African continent [4] as well as the impact of HIV-Aids on GDP figures

Selected publications

See also

Related Research Articles

Four Asian Tigers Taiwan, South Korea, Hong Kong & Singapore – they underwent industrialization and maintained high growth rates in the 1960s and 1990s

The Four Asian Tigers refer to the economies of Hong Kong, Singapore, South Korea and Taiwan. Between the early 1960s and 1990s, they underwent rapid industrialization and maintained exceptionally high growth rates of more than 7 percent a year.

Robert Joseph Barro is an American macroeconomist and the Paul M. Warburg Professor of Economics at Harvard University. The Research Papers in Economics project ranked him as the fifth most influential economist in the world, as of March 2016, based on his academic contributions. Barro is considered one of the founders of new classical macroeconomics, along with Robert Lucas, Jr. and Thomas J. Sargent. He is currently a senior fellow at Stanford University's Hoover Institution and co-editor of the Quarterly Journal of Economics, the top journal in economics in terms of its impact factor.

Thomas J. Sargent American economist

Thomas John "Tom" Sargent is an American economist, who is currently the W.R. Berkley Professor of Economics and Business at New York University. He specializes in the fields of macroeconomics, monetary economics and time series econometrics. As of 2014, he ranks fourteenth among the most cited economists in the world. He was awarded the Nobel Memorial Prize in Economics in 2011 together with Christopher A. Sims for their "empirical research on cause and effect in the macroeconomy".

The Solow–Swan model is an economic model of long-run economic growth set within the framework of neoclassical economics. It attempts to explain long-run economic growth by looking at capital accumulation, labor or population growth, and increases in productivity, commonly referred to as technological progress. At its core is a neoclassical (aggregate) production function, often specified to be of Cobb–Douglas type, which enables the model "to make contact with microeconomics". The model was developed independently by Robert Solow and Trevor Swan in 1956, and superseded the Keynesian Harrod–Domar model.

Robert James "Bob" Gordon is an American economist. He is the Stanley G. Harris Professor of the Social Sciences at Northwestern University. He is known for his work on productivity, growth, the causes of unemployment, and airline economics.

Karl Shell is an American theoretical economist, specializing in macroeconomics and monetary economics.

Christopher A. Pissarides British-Cypriot economist

Sir Christopher Antoniou Pissarides is a British-Cypriot economist. He is the School Professor of Economics & Political Science and Regius Professor of Economics at the London School of Economics, and Professor of European Studies at the University of Cyprus. His research focuses on topics of macroeconomics, notably labour, economic growth, and economic policy. In 2010, he was awarded the Nobel Prize in Economics, jointly with Peter A. Diamond and Dale Mortensen, "for their analysis of markets with theory of search frictions."

Michael Boskin American businessman

Michael Jay Boskin is the T. M. Friedman Professor of Economics and senior Fellow at Stanford University's Hoover Institution. He also is Chief Executive Officer and President of Boskin & Co., an economic consulting company.

The Journal of Political Economy is a monthly peer-reviewed academic journal published by the University of Chicago Press. Established by James Laurence Laughlin in 1892, it covers both theoretical and empirical economics. In the past, the journal published quarterly from its introduction through 1905, ten issues per volume from 1906 through 1921, and bimonthly from 1922 through 2019. The editor-in-chief is Harald Uhlig.

Alberto Alesina Italian economist

Alberto Francesco Alesina was an Italian political economist. He was one of the leading political economists of his generation, publishing much-cited books and articles in major economics and political science journals.

Oded Galor Israeli economist

Oded Galor is an Israeli economist who is currently Herbert H. Goldberger Professor of Economics at Brown University. He is the founder of unified growth theory. Galor has contributed to the understanding of process of development over the entire course of human history and the role of deep-rooted factors in the transition from stagnation to growth and in the emergence of the vast inequality across the globe. Moreover, he has pioneered the exploration of the impact of human evolution, population diversity, and inequality on the process of development over most of human existence.

Paul Davidson is an American macroeconomist who has been one of the leading spokesmen of the American branch of the post-Keynesian school in economics. He is a prolific writer and has actively intervened in important debates on economic policy from a position that is very critical of mainstream economics.

Ricardo Jorge Caballero is a Chilean macroeconomist who holds the Ford International chair of economics at the Massachusetts Institute of Technology. He is a director of the World Economic Laboratory at MIT and an NBER Research Associate. Caballero received his PhD from MIT in 1988, and he taught at Columbia University before returning to the MIT faculty.

Frank Hahn British economist

Frank Horace Hahn FBA was a British economist whose work focused on general equilibrium theory, monetary theory, Keynesian economics and monetarism. A famous problem of economic theory, the conditions under which money can have a positive value in a general equilibrium, is called "Hahn's problem" after him.

History of macroeconomic thought Wikimedia history article

Macroeconomic theory has its origins in the study of business cycles and monetary theory. In general, early theorists believed monetary factors could not affect real factors such as real output. John Maynard Keynes attacked some of these "classical" theories and produced a general theory that described the whole economy in terms of aggregates rather than individual, microeconomic parts. Attempting to explain unemployment and recessions, he noticed the tendency for people and businesses to hoard cash and avoid investment during a recession. He argued that this invalidated the assumptions of classical economists who thought that markets always clear, leaving no surplus of goods and no willing labor left idle.

Partha Sen was a professor of economics at Delhi School of Economics.

Julio Rotemberg Argentine-American economist

Julio Jacobo Rotemberg was an Argentine/American economist at Harvard Business School. He was known for his collaboration with Michael Woodford on the first New Keynesian DSGE model, especially on monopolistic competition. He was also known for an alternative model of sticky prices.

Bowley's law, also known as the law of the constant wage share, is a stylized fact of economics which states that the wage share of a country, i.e., the share of a country's economic output that is given to employees as compensation for their work, remains constant over time. It is named after the English economist Arthur Bowley. Research conducted near the start of the 21st century, however, found wage share to have declined since the 1980s in most major economies.

Martin Stewart Eichenbaum is the Charles Moskos professor of economics at Northwestern University, and the co-director of the Center for International Economics and Development. His research focuses on macroeconomics, international economics, and monetary theory and policy.

Emi Nakamura is an American economist and the Chancellor's Professor of Economics at University of California, Berkeley.

References

  1. "Milton Friedman Institute for Research in Economics". Archived from the original on 2011-03-20. Retrieved 2011-03-02.
  2. Young, Alwyn (August 1995). "The Tyranny of Numbers: Confronting the Statistical Realities of the East Asian Growth Experience" (PDF). The Quarterly Journal of Economics. 110 (3): 641–680. doi:10.2307/2946695. JSTOR   2946695.
  3. Young, Alwyn (1992). "A Tale of Two Cities: Factor Accumulation and Technical Change in Hong Kong and Singapore". NBER Macroeconomics Annual. University of Chicago Press. 7: 13–54. doi: 10.2307/3584993 . JSTOR   3584993.
  4. Young, Alwyn (September 2009), The African Growth Miracle (PDF), London School of Economics, archived from the original (PDF) on 2013-05-20, retrieved 2013-03-06