Charles I. Jones

Curriculum Vita, November 2011

Graduate School of Business
Stanford University
655 Knight Way
Stanford, CA 94305-5015
E-mail: chad.jones@stanford.edu
Web: http://www.stanford.edu/~chadj, Google Scholar
Work: (650) 725-9265

Positions Held

STANCO 25 Professor of Economics, Graduate School of Business, Stanford University, April 2009 - present

Professor of Economics, January 2009 - March 2009

Visiting Professor of Economics, January 2008 - December 2008

Research Associate, National Bureau of Economic Research, May 2002 - Present

Faculty Research Fellow, 1997 - 2002

Professor, Department of Economics, U.C. Berkeley, July 2004 - 2009

Associate Professor (tenured), July 2001 - June 2004

Assistant Professor, Department of Economics, Stanford University, July 1993 - June 2001

Education

Ph.D., Economics, M.I.T. 1993

Advisers: Olivier Blanchard and Stanley Fischer

National Science Foundation Graduate Fellowship, 1989-92

A.B. Summa cum laude, Economics, Harvard University, 1989

Williams Prize for best academic record in department

Outside Grants and Honors

National Science Foundation Grants

SES-0720994: "Why are Some Countries Richer than Others? Intermediate Goods and Weak Links in the Theory of Economic Development," 2007-2009

SES-0242000: "Growth, Capital Shares, and a New Production Function," 2003 - 2007

SBR-9818911: "Population, Ideas, and Economic Growth," 1999 - 2002

SBR-9510916: "R&D-Based Models of Semi-Endogenous Growth," 1995 - 1998

John Osterweis and Barbara Ravizzi Faculty Fellow, 2010 - 2011

John M. Olin Foundation Faculty Fellow, 2000 - 2001

Alfred P. Sloan Foundation Research Fellow, 1999 - 2001

National Fellow, Hoover Institution, 1996 - 1997

Papers and Publications -- By Topic

Why do economies grow in the long run?

"Life and Growth" May 2011, Version 2.0.

"The New Kaldor Facts: Ideas, Institutions, Population, and Human Capital" (with Paul Romer) American Economic Journal: Macroeconomics, January 2010, Vol. 2 (1), pp. 224-245.

"A New Proof of Uzawa's Steady-State Growth Theorem" (with Dean Scrimgeour), Review of Economics and Statistics, February 2008, Vol. 90 (1), pp. 180-182.

"The Shape of Production Functions and the Direction of Technical Change" Quarterly Journal of Economics, May 2005, Vol. 120 (2), pp. 517-549.

"Growth and Ideas" in P. Aghion and S. Durlauf (eds.) Handbook of Economic Growth (Elsevier, 2005) Volume 1B, pp. 1063-1111.

"Population and Ideas: A Theory of Endogenous Growth" in Aghion, Frydman, Stiglitz, and Woodford (eds.) Knowledge, Information, and Expectations in Modern Macroeconomics: In Honor of Edmund S. Phelps (Princeton University Press) 2003.

"Sources of U.S. Economic Growth in a World of Ideas" American Economic Review, March 2002, Vol. 92 (1), pp. 220-239.

"Was an Industrial Revolution Inevitable? Economic Growth Over the Very Long Run" Advances in Macroeconomics, August 2001, Vol. 1, No. 2, Article 1.

"Growth: With or Without Scale Effects?" American Economic Review Papers and Proceedings, May 1999, Vol. 89, pp. 139-144.

"R&D-Based Models of Economic Growth" Journal of Political Economy, August 1995, Vol. 103, pp. 759-784.

"Time Series Tests of Endogenous Growth Models" Quarterly Journal of Economics, May 1995, Vol. 110, pp. 495-525.



Why are some countries so much richer than others?

"Beyond GDP? Welfare across Countries and Time" (with Pete Klenow), February 16, 2011, Version 3.0.

"Intermediate Goods and Weak Links in the Theory of Economic Development" American Economic Journal: Macroeconomics, April 2011, Vol. 3 (2), pp. 1-28.

"Misallocation, Input-Output Economics, and Economic Growth" February 2011, Version 2.0. Prepared for the 10th World Congress of the Econometric Society meeting in Shanghai.

"Why Do Some Countries Produce So Much More Output per Worker than Others?" (with Robert E. Hall), Quarterly Journal of Economics, February 1999, Vol. 114, pp. 83-116.

"On the Evolution of the World Income Distribution" Journal of Economic Perspectives, Summer 1997, Vol. 11, pp. 19-36.

"Convergence Revisited" Journal of Economic Growth, July 1997, Vol. 2, pp. 131-153.

"Levels of Economic Activity across Countries" (with Robert E. Hall), American Economic Review Papers and Proceedings, May 1997, Vol. 87, pp.173-177.

"Economic Growth and the Relative Price of Capital" Journal of Monetary Economics, December 1994, Vol. 34, pp. 359-382.



The macroeconomics of health spending

"The Value of Life and the Rise in Health Spending" (with Robert E. Hall), Quarterly Journal of Economics, February 2007, Vol. 122 (1), pp. 39-72.

"Insurance and Incentives for Medical Innovation" (with Alan Garber and Paul Romer), Forum for Health Economics & Policy, 2006, Forum: Biomedical Research and the Economy: Article 4.

"Why Have Health Expenditures as a Share of GDP Risen So Much?" U.C. Berkeley working paper, May 5, 2004. (A revision of NBER Working Paper 9325 from November 2002).



Is there too much or too little R&D?

"Too Much of a Good Thing? The Economics of Investment in R&D" (with John Williams), Journal of Economic Growth, March 2000, Vol. 5, No. 1, pp. 65-85.

"Measuring the Social Return to R&D" (with John Williams), Quarterly Journal of Economics, November 1998, Vol. 113, pp. 1119-1135.



Empirical work on sectoral convergence

"Comparing Apples to Oranges: Reply" (with Andrew Bernard), American Economic Review. September 2001, Vol. 91 (4), pp. 1168-69.

"Comparing Apples to Oranges: Productivity Convergence and Measurement Across Industries and Countries" (with Andrew Bernard), American Economic Review, December 1996, Vol. 86, pp. 1216-1238.

"Technology and Convergence"(with Andrew Bernard), Economic Journal, July 1996, Vol. 106, pp. 1037-1044.

"Productivity and Convergence Across U.S. States and Industries" (with Andrew Bernard), Empirical Economics, March 1996, Vol. 21, pp. 113-135.

"Productivity Across Industries and Countries: Time Series Theory and Evidence" (with Andrew Bernard), Review of Economics and Statistics, February 1996, Vol. 78 (1), pp. 135-146.



Comments, Notes, Etc.

"To Close the Gap," Book review of Michael Spence, The Next Convergence. In Science, Vol. 334, November 18, 2011, p. 906.

"Comment on La Porta and Shleifer `The Unofficial Economy and Economic Development'" Brookings Papers on Economic Activity, December 2008, pp. 353-359.

"A Simple Mincerian Approach to Endogenizing Schooling" U.C. Berkeley working paper, April 2007.

"More Life vs. More Goods: Explaining Rising Health Expenditures" Federal Reserve Bank of San Francisco Economic Letter 2005-10; May 27, 2005.

"The Fiscal Problem of the 21st Century" Federal Reserve Bank of San Francisco Economic Letter 2003-27; September 19, 2003.

"Human Capital, Ideas, and Economic Growth" in Paganetto, L. and E.S. Phelps (ed.) Finance, Research, Education, and Growth (New York: Palgrave) 2003.

"Comment on Dowrick-DeLong, `Globalisation and Convergence'" in Bordo, M., Taylor, A. and J. Williamson (eds.) Globalization in Historical Perspective (NBER, University of Chicago Press) 2003.

"Using Chain-Weighted NIPA Data" Federal Reserve Bank of San Francisco Economic Letter 2002-22, August 2, 2002.

"The Economic Return to Health Expenditures" Federal Reserve Bank of San Francisco Economic Letter 2001-36, December 14, 2001.

"The Future of the New Economy" Federal Reserve Bank of San Francisco Economic Letter 2001-14, May 11, 2001.

"Comment on Nazrul Islam, `Different Approaches to International Comparisons of Total Factor Productivity'" in C.R. Hulten, E.R. Dean, and M.J. Harper (eds.) New Developments in Productivity Analysis (NBER, University of Chicago Press) 2001.

"Comment on Rodriguez-Rodrik, `Trade Policy and Economic Growth: A Skeptic's Guide to the Cross-National Evidence'". NBER Macroeconomics Annual 2000 (MIT Press).

"A Note on the Closed-Form Solution of the Solow Model" Stanford working paper, January 2000.

"Comment on Klenow-Rodriguez, `The Neoclassical Growth Revival: Has it Gone too Far?'" NBER Macroeconomics Annual 1997 (MIT Press).



Books

Macroeconomics (W.W. Norton). 2011 (2nd edition), 2010 (economic crisis update), 2008 (first edition).

Introduction to Economic Growth (W.W. Norton, 2002 Second Edition). First Edition, 1998, available in Chinese, English, French, Japanese, Portuguese, and Spanish.






Professional Activities

Associate Editor, Quarterly Journal of Economics, 1999 - present.

Associate Editor, American Economic Journal: Macroeconomics, 2007 - present.

Associate Editor, Journal of Economic Growth, 1998 - present.

Co-editor, Journal of Economic Perspectives, 2009 - 2011.

Co-editor, The B.E. Journals in Macroeconomics, 2000 - 2006.

Co-organizer of NBER Economic Fluctuations and Growth small group on economic growth.


--- with Pete Klenow, 2000 - present.

--- with Alwyn Young, 1996 - 1999.


Member, Toulouse Network for Information Technology, 2005 - 2008.

Research Fellow, Hong Kong Institute of Monetary Research, Summer 2005, 2006.

Visiting Scholar, Federal Reserve Bank of San Francisco, 2000 - present.




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