Capstone paper topics

My paper topic idea is to look at the intersection of Stolper-Samuelson and the benefits of international trade for US workers. Essentially if unskilled workers are the scare factor in Stolper-Samuelson then their wages should have gone down and they would be worse off. Evidence from the past few decades confirms that in labor markets […]

Shifts and movements along the aggregate production function

Robert Solow’s Paper “Technical Change and the Aggregate Production Function” details a method of distinguishing shifts of the aggregate production function from movements along it. The aggregate production function describes output as a product of labor, capital, natural resources, and other inputs. Solow returns to the function to discuss how to segregate changes in output […]