Harvard University (AB, AM, PhD) Columbia University
Academic career
Institution
Massachusetts Institute of Technology
Field
Macroeconomics
School or tradition
Neo-Keynesian economics
Doctoral advisor
Wassily Leontief
Doctoral students
George Akerlof[1] Mario Baldassarri[2] Francis M. Bator[3] Charlie Bean[4] Alan Blinder[5] Vittorio Corbo Peter Diamond[6] Avinash Dixit[7] Mario Draghi Alain Enthoven[8] Ray Fair[9] Ronald Findlay[10] Robert J. Gordon[11] Robert Hall[12] Michael Intriligator[13] Katsuhito Iwai[14] Ronald W. Jones[15] Arnold Kling Meir Kohn [cz] Glenn Loury[16] Herbert Mohring[17] William Nordhaus[18] George Perry[19] Robert Pindyck Arjun Kumar Sengupta[20] Steven Shavell[21] Eytan Sheshinski [he][22] Jeremy Siegel[23] Joseph Stiglitz[24] Harvey M. Wagner[25] Martin Weitzman[26] Halbert White[27]
Influences
Paul Samuelson
Contributions
Exogenous growth model
Awards
John Bates Clark Medal (1961) Nobel Memorial Prize in Economic Sciences (1987) National Medal of Science (1999) Presidential Medal of Freedom (2014)
Information at IDEAS / RePEc
Robert Merton Solow, GCIH (/ˈsoʊloʊ/; August 23, 1924 – December 21, 2023) was an American economist and Nobel laureate whose work on the theory of economic growth culminated in the exogenous growth model named after him.[28][29]
He was Institute Professor Emeritus of Economics at the Massachusetts Institute of Technology, where he was a professor from 1949 on.[30] He was awarded the John Bates Clark Medal in 1961,[31] the Nobel Memorial Prize in Economic Sciences in 1987,[32] and the Presidential Medal of Freedom in 2014.[33] Four of his PhD students, George Akerlof, Joseph Stiglitz, Peter Diamond, and William Nordhaus, later received Nobel Memorial Prizes in Economic Sciences in their own right.[34][35][36] while an undergraduate student of Solow, H. Robert Horvitz, won in medicine.
^Akerlof, George A. (1966). Wages and capital(PDF) (Ph.D.). Massachusetts Institute of Technology. Archived (PDF) from the original on August 19, 2017. Retrieved June 28, 2017.
^Baldassarri, Mario (1978). Government investment, inflation and growth in a mixed economy : theoretical aspects and empirical evidence of the experience of Italian government corporation investments (Ph.D.). Massachusetts Institute of Technology. hdl:1721.1/99791.
^Bator, Francis M. (1956). Capital, Growth and Welfare—Theories of Allocation (Ph.D.). Massachusetts Institute of Technology. hdl:1721.1/97306.
^Bean, Charles Richard (1982). Essays in unemployment and economic activity (Ph.D.). Massachusetts Institute of Technology. Archived from the original on May 26, 2020. Retrieved June 30, 2017.
^Blinder, Alan S. (1971). Towards an Economic Theory of Income Distribution (Ph.D.). Massachusetts Institute of Technology. Retrieved July 1, 2017.
^Peter A. Diamond – Autobiography – Nobelprize.org Archived April 1, 2012, at the Wayback Machine, PDF page 2
^Dixit, Avinash K. (1968). Development Planning in a Dual Economy (Ph.D.). Massachusetts Institute of Technology. Retrieved July 1, 2017.
^Enthoven, Alain C. (1956). Studies in the theory of inflation (Ph.D.). Massachusetts Institute of Technology. Retrieved June 30, 2017.
^Fair, Ray C. (1968). The Short Run Demand for Employment (Ph.D.). Massachusetts Institute of Technology. hdl:1721.1/80461.
^Findlay, Ronald Edsel (1960). Essays on Some Theoretical Aspects of Economic Growth (Ph.D.). Massachusetts Institute of Technology. Retrieved June 30, 2017.
^Gordon, Robert J. (1967). Problems in the measurement of real investment in the U.S. private economy (Ph.D.). MIT. hdl:1721.1/105586.
^Hall, Robert E. (1967). Essays on the Theory of Wealth (Ph.D.). Massachusetts Institute of Technology. Retrieved July 5, 2017.
^Intriligator, Michael D. (1963). Essays on productivity and savings (PhD thesis). MIT. OCLC 33811859.
^Iwai, Katsuhito (1972). Essays on Dynamic Economic Theory – Fisherian Theory of Optimal Capital Accumulation and Keynesian Short-run Disequilibrium Dynamics (Ph.D.). Massachusetts Institute of Technology. Retrieved July 5, 2017.
^Jones, Ronald Winthrop (1956). Essays in the Theory of International Trade and the Balance of Payments (Ph.D.). Massachusetts Institute of Technology. hdl:1721.1/106042.
^Loury, Glenn Cartman (1976). Essays in the Theory of the Distribution of Income (Ph.D.). Massachusetts Institute of Technology. hdl:1721.1/27456.
^Mohring, Herbert D. (1959). The life insurance industry: a study of price policy and its determinants (Ph.D.). Massachusetts Institute of Technology. hdl:1721.1/11790.
^Nordhaus, William Dawbney. (1967). A Theory of Endogenous Technological Change (Ph.D.). Massachusetts Institute of Technology. Retrieved July 1, 2017.
18. Turgay Özkan|Turkish| date 1979| thesis: Rational Expectations- A game theoretic approach
^Perry, George (1961). Aggregate wage determination and the problem of inflation (Ph.D.). Massachusetts Institute of Technology. Retrieved July 4, 2017.
^Sengupta, Arjun Kumar (1963). A study in the constant-elasticity-of-substitution production function (Ph.D.). Massachusetts Institute of Technology. Retrieved July 4, 2017.
^Shavell, Steven Mark (1973). Essays in Economic Theory (Ph.D.). Massachusetts Institute of Technology. Retrieved July 5, 2017.
^Sheshinski, Eytan (1966). Essays on the theory of production and technical progress(PDF) (Ph.D.). MIT. Archived (PDF) from the original on August 6, 2020. Retrieved May 26, 2018.
^Siegel, Jeremy J. (1971). Stability of a Monetary Economy with Inflationary Expectations(PDF) (Ph.D.). Massachusetts Institute of Technology. Archived (PDF) from the original on August 20, 2017. Retrieved July 5, 2017.
^Stiglitz, Joseph E. (1966). Studies in the Theory of Economic Growth and Income Distribution(PDF) (Ph.D.). MIT. p. 4. Archived (PDF) from the original on August 19, 2017. Retrieved June 29, 2017.
^Wagner, Harvey M. (1962). Statistical Management of Inventory Systems (Ph.D.). Massachusetts Institute of Technology. Retrieved June 30, 2017.
^Weitzman, Martin (1967). Toward a theory of iterative economic planning (Ph.D.). MIT. Retrieved May 26, 2018.
^Hausman, Jerry (2013), "Hal White: Time at MIT and Early Life Days of Research", in Chen, Xiaohong; Swanson, Norman R. (eds.), Recent Advances and Future Directions in Causality, Prediction, and Specification Analysis, New York: Springer, pp. 209–218, ISBN 978-1-4614-1652-4.
^"Robert M. Solow | American economist". Encyclopedia Britannica. Archived from the original on August 1, 2017. Retrieved June 8, 2017.
^"Prospects for growth: An interview with Robert Solow". McKinsey & Company. September 2014. Archived from the original on June 22, 2017. Retrieved June 8, 2017.
^"MIT Economics Faculty". Massachusetts Institute of Technology. Archived from the original on August 17, 2017. Retrieved August 27, 2017.
^"American Economic Association". www.aeaweb.org. Archived from the original on August 1, 2017. Retrieved June 8, 2017.
^Solow, Robert M. "Robert M. Solow – Biographical". www.nobelprize.org. Archived from the original on December 12, 2017. Retrieved June 8, 2017.
^Schulman, Kori (November 10, 2014). "President Obama Announces the Presidential Medal of Freedom Recipients". whitehouse.gov. Archived from the original on January 21, 2017. Retrieved June 8, 2017.
^Dieterle, David A (2017). Economics: The Definitive Encyclopedia from Theory to Practice. Vol. 4. Greenwood. p. 376. ISBN 978-0313397073.
^"MIT Libraries' catalog – Barton – Full Catalog – Full Record". library.mit.edu. Archived from the original on December 21, 2023. Retrieved October 10, 2018.
^Ivana Kottasová. "Nobel Prize in economics awarded to William Nordhaus and Paul Romer". CNN. Archived from the original on October 9, 2018. Retrieved October 10, 2018.
Robert Merton Solow, GCIH (/ˈsoʊloʊ/; August 23, 1924 – December 21, 2023) was an American economist and Nobel laureate whose work on the theory of economic...
virtuoso Jennifer Solow, American novelist RobertSolow (1924–2023), American economist, winner of the Nobel Prize in Economics Sheldon Solow (1928–2020),...
The Solow residual is a number describing empirical productivity growth in an economy from year to year and decade to decade. RobertSolow, the Nobel Memorial...
measures of output at the national level." The concept is attributed to RobertSolow, in reference to his 1987 quip, "You can see the computer age everywhere...
The Solow Building, also known as 9 West 57th Street, is a skyscraper in the Midtown Manhattan neighborhood of New York City. Completed in 1974 and designed...
University of Cambridge in England and economists such as Paul Samuelson and RobertSolow at the Massachusetts Institute of Technology, in Cambridge, Massachusetts...
trivial deduction from his statistical findings. Paul Samuelson and RobertSolow made the connection explicit and subsequently Milton Friedman and Edmund...
Fifth Discipline George P. Shultz, 60th United States Secretary of State RobertSolow, 1987 Nobel laureate in economics John Sterman, leading expert on system...
is best known for his work on the Solow–Swan growth model, published simultaneously by American economist RobertSolow, for his work on integrating internal...
versus Solow/Stiglitz". Ecological Economics. 22 (3): 269–70. doi:10.1016/S0921-8009(97)00092-X. See also: Nicholas Georgescu-Roegen and RobertSolow Stiglitz...
work has been criticized by economists Milton Friedman, Paul Krugman, RobertSolow, and Thomas Sowell. Galbraith was active in Democratic Party politics...
doctoral students have also been awarded the prize (Paul Samuelson 1970, RobertSolow 1987, Vernon L. Smith 2002, Thomas Schelling 2005). Wassily Leontief...
inspired by Keynesian demand-driven considerations. The Solow–Swan model worked out by RobertSolow and, independently, Trevor Swan in the 1950s achieved...
the 20th century. According to economists such as George Stigler and RobertSolow, Marxist economics are not relevant to modern economics, having "virtually...
"Interview with RobertSolow". Federal Reserve Bank of Minneapolis. Archived from the original on 2019-11-16. Retrieved 2017-11-29. Solow, Robert M. (2009-12-01)...
University of the Philippines Asian Center (1980–1985). RobertSolow, 99, American economist (Solow–Swan model), Nobel Prize laureate (1987). Alexei Starobinsky...
and statistics but evaluated the book as well written and interesting. RobertSolow disagreed on the main thesis and accented instead for example institutional...
chairman of the Federal Reserve, Alan Greenspan. Future Nobel Laureate RobertSolow was his student at Harvard, and he expanded on Schumpeter's theory. Today...
real per capita economic growth. In a famous estimate, MIT Professor RobertSolow concluded that technological progress has accounted for 80 percent of...
process. In the 1950s and 1960s, economists like Paul Samuelson and RobertSolow developed the neoclassical synthesis, which attempted to reconcile these...
the Chairman of Citigroup, is the former Secretary of the US Treasury RobertSolow (USA), Professor Emeritus, Massachusetts Institute of Technology (MIT)...
graduate student he studied under Nobel Prize winners Paul Samuelson and RobertSolow. He taught at the University of Chicago for four years before moving...
physiologist Archibald Hill. According to the economic historian and biographer Robert Skidelsky, Keynes's parents were loving and attentive. They attended a Congregational...
His dissertation was titled Wages and Capital under the supervision of RobertSolow, a noted economist who would later receive the Nobel Memorial Prize....
the Theory of the Distribution of Income", under the supervision of Robert M. Solow. At MIT he met his future wife, Linda Datcher Loury. Loury became an...
A. (1958), Linear Programming and Economic Analysis with Robert Dorfman and Robert M. Solow, McGraw–Hill. Chapter-preview links. Samuelson, Paul A. (1960)...