Discover Robert M. Solow's contributions to economics, including the Solow-Swan Model and the Solow Residual, plus his Nobel ...

Robert Solow, an economics professor at the Massachusetts Institute of Technology who won a Nobel Prize for his analysis of how technology drives economic growth in developed nations, has died. He was ...

His elegant work established that the main determinant of economic growth was technology, not growing capital and labor. By Robert D. Hershey Jr. and Michael M. Weinstein Robert M. Solow, who won a ...

Long-run economic growth hinges on technological progress, a core insight of Robert Solow's renowned Growth Model. The model argues that once an economy reaches a "steady state," growth can't be ...