Robert Merton Solow was an American economist known for his studies of economic growth and the development of the Solow–Swan model, for which he won the 1987 Nobel Memorial Prize in Economic Sciences. The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 1987, announced October 21, 1987. Robert M. Solow, “for his contributions to the theory of economic growth”. Robert M. Solow: born 1924, Brooklyn, NY, USA. Wiki link Data: the Nobel Foundation (CC0).