This junior seminar will cover theoretical and empirical research on economic growth and rare macroeconomic disasters. Students will be expected to participate actively in class, to prepare a presentation that discusses and critiques one or multiple articles, and to write a final paper that develops new ideas. The class will meet once a week for 2-1/2 hours, and students should consult regularly on their presentation/paper with the professor and teaching fellow. Intermediate macroeconomics is a prerequisite.