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Robert M. Solow
Book article from: The Columbia Encyclopedia, Sixth Edition
Robert M. Solow 1924-, American economist, b. Brooklyn, N.Y., grad. Harvard...teaching economics at the Massachusetts Institute of Technology in 1949. Solow also held several governmental positions, including those of senior economist...
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Solow, Robert M.
Encyclopedia entry from: International Encyclopedia of the Social Sciences
Solow, Robert M. 1924 – The American economist and 1987 Nobel laureate Robert Merton Solow was born on August 23, 1924, in Brooklyn...Theory. Cambridge, MA: MIT Press. Solow, Robert M. 1955 – 1956. “...
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Solow Residual, The
Encyclopedia entry from: International Encyclopedia of the Social Sciences
Solow Residual, The A growth accounting exercise...increases in TFP. The American economist Robert M. Solow set up the grounds for growth accounting in a 1957 article. Solow considered a neoclassical production function...
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Neoclassical Growth Model
Encyclopedia entry from: International Encyclopedia of the Social Sciences
...run economic growth, introduced by Robert Solow (b. 1924) and Trevor Swan (1918...as added the following year by Solow (1957), an exogenous rate of technical...coefficients in products, which the Solow-Swan neoclassical model generalized...
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Taylor Rule
Encyclopedia entry from: International Encyclopedia of the Social Sciences
...possibility-like frontier. While Robert M. Solow argued for precise estimates...Unemployment, and Monetary Policy , by Robert M. Solow and John B. Taylor, 78...Cambridge, MA: MIT Press. Solow, Robert M., and John B. Taylor. 1998...
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Economics, New Keynesian
Encyclopedia entry from: International Encyclopedia of the Social Sciences
...policy evaluation put forward by Robert Lucas in 1976 insisted that people...productive capacity. However, in 1980 Robert Solow (1980) in his Presidential Address...addressed, which, according to Solow, would require an analysis of real...
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Technological Progress, Skill Bias
Encyclopedia entry from: International Encyclopedia of the Social Sciences
...was pioneered by Moses Abramovitz (1956) and Robert M. Solow (1957). It requires the specification of a...in capital and labor and is often called the Solow residual , after Robert Solow, who suggested this method of estimating the...
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Economics, Nobel Prize in
Encyclopedia entry from: International Encyclopedia of the Social Sciences
...the theory of economic growth (Robert Solow, 1987), financial economics...1985 James M. Buchanan Jr. 1986 Robert M. Solow 1987 Maurice Allais 1988 Trygve...Coase 1991 Gary S. Becker 1992 Robert W. Fogel, Douglass C. North...
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Stylized Fact
Encyclopedia entry from: International Encyclopedia of the Social Sciences
...something like noise (cf. Boland 1994, p. 536). Robert Solow even commented on Kaldor ’ s paper, saying...Princeton University Press. Epstein, Joshua M., and Robert Axtell. 1996. Growing Artificial Societies: Social...
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Cambridge Capital Controversy
Encyclopedia entry from: International Encyclopedia of the Social Sciences
...University of Cambridge in England and Paul Samuelson and Robert Solow at the Massachusetts Institute of Technology in Cambridge...neoclassical theory of capital (Samuelson 1966). Yet, Solow (1963) claimed the debate was largely a sideshow to...
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