Robert Solow | |
---|---|
![]() |
|
Born |
Robert Merton Solow August 23, 1924 Brooklyn, New York |
Nationality | American |
Institution | Massachusetts Institute of Technology |
Field | Macroeconomics |
School or tradition |
Neo-Keynesian economics |
Alma mater | Harvard University |
Doctoral advisor |
Wassily Leontief |
Doctoral students |
Ronald Findlay Peter Diamond George Akerlof Joseph Stiglitz Robert J. Gordon Robert Hall William Nordhaus Avinash Dixit Ray Fair Alan Blinder Halbert White |
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 (/ˈsoʊloʊ/; born August 23, 1924) is an American economist, particularly known for his work on the theory of economic growth that culminated in the exogenous growth model named after him. He was awarded the John Bates Clark Medal in 1961, the Nobel Memorial Prize in Economic Sciences in 1987, and the Presidential Medal of Freedom in 2014. Three of his PhD students (Akerlof, Stiglitz, and Diamond) later received Nobel Memorial Prizes in Economic Sciences in their own right.
Robert Solow was born in Brooklyn, New York, into a Jewish family on August 23, 1924, the oldest of three children. He was well educated in the neighborhood public schools and excelled academically early in life. In September 1940, Solow went to Harvard College with a scholarship at the age of 16. At Harvard, his first studies were in sociology and anthropology as well as elementary economics.
By the end of 1942, Solow left the university and joined the U.S. Army. He served briefly in North Africa and Sicily, and later served in Italy during World War II until he was discharged in August 1945.