Celebration of the 20th Anniversary of Robert E. Lucas, Jr.'s Essay,

“On the Mechanics of Economic Development”

Presented by The John E. Walker Department of Economics

Clemson University

Monday September 17, 364 Sirrine Hall

08:30 – 09:40 “Explaining Productivity Differences: the Importance of Black – White Schooling Differences”

Scott Baier (Clemson), Sean Mulholland (Mercer University), Chad Turner (Nicholls State University), Robert Tamura (Clemson)

09:50 – 11:00 “When Farmers Met Shepherds: A Plausible Resolution to Needham's Puzzle”

Chi-Wa Yuen (University of Hong Kong)

11:10 – 12:20 “Asset Management, Human Capital and the Market for Risky Assets”

Isaac Ehrlich, William A. Hamlen, Jr., and Yong Yin (SUNY Buffalo)

12:20 – 14:00 Lunch

14:00 – 15:10 “Catching Up & Falling Behind”

Nancy Stokey (University of Chicago)

15:20 – 16:30 “Fertility Decline, Baby Boom, Human Capital and Growth”

Gary S. Becker (University of Chicago), Kevin M. Murphy (University of Chicago), Robert Tamura (Clemson University)

Tuesday September 18, 364 Sirrine Hall

09:00 – 10:10 “The Q-elasticity of Investment”

Boyan Jovanovic (NYU), Peter Rousseau (Vanderbilt University)

10:20 – 11:30 “Organizing Growth”

Esteban Rossi-Hansberg (Princeton University)

For information, contact Raymond Sauer: 864-656-3969 or sauerr@clemson.edu