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Explores the need for economic growth in high-income countries and its impact on public budgets, debt, employment, income distribution, and poverty rates.
Delves into the economic and fiscal landscape, analyzing potential output, fiscal stance, government debt, and the effects of government spending shocks.
Explores free and constrained labor migration, focusing on the distribution of international migrants and addressing questions from the previous lecture.
Explores capital accumulation, investment, human capital dynamics, and sustainability, emphasizing the estimation methods of a stock of capital and the conditions for a growing capital stock.
Explores the impact of debt and taxes on firm value and shareholder wealth, covering Modigliani/Miller theorem, leverage effects, debt financing mechanics, and valuation methods.
