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Lives of the LaureatesTwenty-three Nobel Economists$
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Roger W. Spencer and David A. Macpherson

Print publication date: 2014

Print ISBN-13: 9780262027960

Published to MIT Press Scholarship Online: May 2015

DOI: 10.7551/mitpress/9780262027960.001.0001

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Robert M. Solow

Robert M. Solow

(p.125) Robert M. Solow
Lives of the Laureates

Roger W. Spencer

David A. Macpherson

The MIT Press

This chapter looks at the work of Robert M. Solow, who was awarded the Nobel Prize in 1987. Solow was born in 1924 and recieved his B.A., M.A., and Ph.D.from Harvard University. He started out serving as assistant and associative professor of statistics. He was then appointed as professor of economics. He progressed to become institute professor and institute professor, emeritus, both at MIT. His doctorate thesis presented a model on the dynamics of the size distribution of incomes as the outcome of a random process of employment in terms of changes in wage levels. He also developed his own version of growth theory encompassing capital-theoretic overtones. Among his titles are Linear Programming and Economic Analysis and Monopolistic Competition and Macroeconomic Theory.

Keywords:   Robert M. Solow, size distribution of incomes, growth theory, macroeconomic theory

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