This collection addresses the history of modern growth economics and the role of the American economist and Nobel laureate Robert Solow in developing it as a major area of research in macroeconomics and economic theory. While the concept of growth has been central to economic thought since at least the eighteenth century, the modern analysis of growth using formal models came about largely because of Solow's articles "A Contribution to the Theory of Economic Growth" and "Technical Change and the Aggregate Production Function." The essays in this supplement consider the rise of growth...
This collection addresses the history of modern growth economics and the role of the American economist and Nobel laureate Robert Solow in developing ...
This book tells the story of the search for disequilibrium micro-foundations for macroeconomic theory, from the disequilibrium theories of Patinkin, Clower, and Leijonhufvud to recent dynamic stochastic general equilibrium models with imperfect competition. Placing this search against the background of wider developments in macroeconomics, the authors contend that this was never a single research program, but involved economists with very different aims who developed the basic ideas about quantity constraints, spillover effects, and coordination failures in different ways. The authors...
This book tells the story of the search for disequilibrium micro-foundations for macroeconomic theory, from the disequilibrium theories of Patinkin, C...