This paper explores the robustness of the Balassa-Samuelson (BS) hypothesis. We analyze a panel of OECD countries from …

The theory of economic development was an exception to Paul Samuelson's claim of being a "generalist" in economics. It … increasing returns and long-term economic evolution. Nevertheless, Samuelson was aware of the utmost practical relevance of the …. On the other hand, development planners made use of Samuelson's turnpike theorems of growth theory, and reacted, mostly …

Samuelson kept optimization-based problems separated from macroeconomic dynamics in his Foundations, where dynamics … stability analysis by D.F. Gordon, D. Patinkin and others, it was only in the 1970s that Samuelson's separation was effectively … challenged, particularly by R. Lucas. After the Foundations, Samuelson developed dynamic optimization models, sometimes featuring …

Paul Samuelson's famous 1948 "factor price equalization theorem" was his main contribution to international trade … economy, as Samuelson acknowledged. His theorem came out when development economics was starting to emerge as a new field of … methodological issues involved and to Samuelson's own perception of the theorem's relevance. …

Paul Samuelson made a series of important contributions to population theory for humans and other species, evolutionary …

Paul Samuelson was attracted to the economic dynamics of South American countries because of the links between economic … Samuelson was inequality, which became also a feature of the American economy since the adoption of market-based policies in the …

This paper studies the equilibrium of an extended case of the classical Samuelson's multiplier-accelerator model for …