There has been increased attention on income inequality. Behind this trend is the widening disparity of income in developed countries. Professor Joseph Stiglitz of Columbia University in the United ...

Samuelson made such diverse contributions to his field – ranging from welfare economics, theories of consumption, prices, capital accumulation, economic growth, public goods, finance and international ...

Wolfgang F. Stolper, 89, an economist whose work included a theory used to explain the effect of international trade on wages, died Monday in Ann Arbor, Mich., during surgery to clear a blood clot.

Consider an economy in which various types of labor are used to produce consumption, but not all types of labor are useful for upgrading the stock of organization capital–that is, for replacing old ...

THE STOLPER-SAMUELSON THEOREM….Over at Max’s place, Josh Bivens tells us about something called the Stolper-Samuelson Theorem, which predicts that workers without a college degree always get screwed ...

In a famous theorem, known as Stolper-Samuelson, he and a co-author showed that competition from imports of clothes and similar goods from underdeveloped countries, where producers rely on unskilled ...

In a famous theorem, known as Stolper-Samuelson, he and a co-author showed that competition from imports of clothes and similar goods from underdeveloped countries, where producers rely on unskilled ...