Christopher A. Pissarides
Christopher Pissarides | |
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![]() Pissarides in 2014 | |
Born | [3] | 20 February 1948
Nationality | Cypriot |
Citizenship | Cypriot British |
Academic career | |
Field | Labour economics |
Institution | London School of Economics 1976–present University of Southampton 1974–76 University of Cyprus 2011–present[1] Hong Kong University of Science and Technology 2013–present[2] |
Alma mater | London School of Economics (PhD) University of Essex (BSc,MSc) |
Doctoral advisor | Michio Morishima |
Influences | Dale Mortensen |
Contributions | Macroeconomic search and matching theories of unemployment, matching function, structural growth |
Awards | IZA Prize in Labor Economics (2006) Nobel Memorial Prize in Economic Sciences (2010) |
Information at IDEAS / RePEc |
Sir Christopher Antoniou Pissarides FBA (/ˌpɪsəˈriːdiːz/; Greek: Χριστόφορος Αντωνίου Πισσαρίδης; born 20 February 1948[3]) is a Cypriot economist. He is Regius Professor of Economics at the London School of Economics, and Professor of European Studies at the University of Cyprus.[4] His research focuses on macroeconomics, labour economics, economic growth, and economic policy. In 2010, along with Peter Diamond and Dale Mortensen, he received the Nobel Prize in Economics, "for their analysis of markets with theory of search frictions."[5]
Early life
[edit]Pissarides was born in Nicosia, Cyprus,[6] into a Greek Orthodox family from the village of Agros.[7] He first studied at the Pancyprian Gymnasium in Nicosia.[7] After national service in the Cypriot National Guard, he attended the University of Essex, where he received undergraduate and graduate degrees in economics, before studying at the London School of Economics, where he received a PhD in economics, writing a thesis titled Individual behaviour in markets with imperfect information under the supervision of Michio Morishima.[8]
Career
[edit]Pissarides is Regius Professor of Economics at the London School of Economics, where he has taught since 1976.[9] He is chairman of the Centre for Macroeconomics, which deploys economists from the University of Cambridge, the London School of Economics, the University College London, the Bank of England, and the National Institute of Economic and Social Research.[10]
He has held a lectureship at the University of Southampton (1974–76), and visiting professorships at Harvard University (1979–80) and the University of California, Berkeley (1990–91).[6]
He served as the chairman of the National Economy Council of the Republic of Cyprus during the country's financial crisis in 2012, and resigned to focus on his academic work at the end of 2014.
In 2018, in collaboration with Naomi Climer and Anna Thomas, he set up the Institute for the Future of Work, a London-based research and development institute exploring how new technologies transform work and working lives.[11]
In February 2020, Greek prime minister Kyriakos Mitsotakis appointed Pissarides to the chairmanship of a committee tasked with drafting a long-term growth strategy for the country.[12] Since September 2020 he is chairman of the economic council of EuroAfrica Interconnector.[13]
In June 2021, it was announced that he would lead a review into the future of work and wellbeing, a three-year collaboration between the Institute for the Future of Work, Imperial College London, and Warwick Business School, funded by a £1.8 million grant from the Nuffield Foundation.[14] The Pissarides Review into the Future of Work and Wellbeing was launched in March 2022.[15]
Academic contributions
[edit]![]() | This section is written like a personal reflection, personal essay, or argumentative essay that states a Wikipedia editor's personal feelings or presents an original argument about a topic. (February 2018) |
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Pissarides is credited with contributions to the search and matching theory for studying the interactions between the labour market and the macroeconomy. He helped develop the concept of the matching function (explaining the flows from unemployment to employment at a given moment of time) and pioneered the empirical work on its estimation. Pissarides has also done research on structural change and growth.
One of his papers, "Job Creation and Job Destruction in the Theory of Unemployment" (with Dale Mortensen), was published in the Review of Economic Studies in 1994.[16]
Pissarides' book Equilibrium Unemployment Theory, a study of the macroeconomics of unemployment, is now in its second edition and was revised after his joint work with Mortensen resulted in the analysis of both endogenous job creation and destruction.
Awards and honours
[edit]- Fellow of the Econometric Society, 1997[8]
- Fellow of the British Academy, 2002[8]
- Fellow of the European Economic Association, 2005
- IZA Prize in Labor Economics, jointly with Dale Mortensen, 2005[17]
- Foreign Honorary Member of the American Economic Association, 2011
- Vice-president of the European Economic Association, President in 2011
- Nobel Prize in Economics in 2010, jointly with Dale Mortensen, Peter A. Diamond,[18] for "analysis of markets with search frictions"[18][19]
- The College Historical Society of Trinity College Dublin awarded Pissarides its Gold Medal for Outstanding Contribution to Public Discourse in 2012
- In 2013, Knighted in the 2013 Birthday Honours for "services to economics."[20]
- Member of the Academy of Athens, 2015[21]
Selected works
[edit]![](https://upload.wikimedia.org/wikipedia/commons/thumb/0/07/Nobel_Prize_2010-Press_Conference_KVA-DSC_8011.jpg/220px-Nobel_Prize_2010-Press_Conference_KVA-DSC_8011.jpg)
- Pissarides, C. A. (1979). "Job Matchings with State Employment Agencies and Random Search". Economic Journal. 89 (356): 818–833. doi:10.2307/2231501. JSTOR 2231501.
- Pissarides, Christopher A. (1985). "Short-Run Equilibrium Dynamics of Unemployment, Vacancies, and Real Wages". American Economic Review. 75 (4): 676–690. JSTOR 1821347.
- Pissarides, Christopher; Layard, Richard; Hellwig, Martin (1986). "Unemployment and Vacancies in Britain". Economic Policy. 1 (3): 499–559. doi:10.2307/1344583. JSTOR 1344583.
- Mortensen, D. T.; Pissarides, C. A. (1994). "Job Creation and Job Destruction in the Theory of Unemployment". Review of Economic Studies. 61 (3). (with Dale Mortensen): 397–415. doi:10.2307/2297896. JSTOR 2297896.
- Equilibrium Unemployment Theory (Second ed.). Cambridge, MA: MIT Press. 2000. ISBN 978-0-262-16187-9. Description and chapter-preview links.
- Ngai, L. Rachel; Pissarides, Christopher A. (2007). "Structural Change in a Multi-Sector Model of Growth" (PDF). American Economic Review. 97 (1). (with L. Rachel Ngai): 429–443. doi:10.1257/aer.97.1.429. JSTOR 30034402. S2CID 14126725. Archived from the original (PDF) on 17 July 2012.
References
[edit]- ^ "Christophoros Pissarides won the 2010 Nobel Prize in Economic Sciences". Archived from the original on 12 May 2013. Retrieved 28 February 2018.
- ^ designquest.com.hk. "Christopher Pissarides - People - HKUST Institute for Emerging Market Studies". iems.ust.hk. Retrieved 18 June 2019.
- ^ a b Prof Christopher Pissarides Archived 14 October 2010 at the Wayback Machine at debretts.com
- ^ Pissarides CV legacy.iza.org
- ^ The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 2010 : Peter A. Diamond, Dale T. Mortensen, Christopher A. Pissarides, Noberl Prize Organization website
- ^ a b "Christopher A. Pissarides: Facts". Nobel Prize Organization website. Retrieved 11 October 2010.
- ^ a b "Christopher Pissarides] autobiography, Nobel Prizes Organization website" (PDF). nobelprize.org. Retrieved 18 June 2019.
- ^ a b c "Christopher A. Pissarides CV" (PDF). London School of Economics. Archived from the original (PDF) on 3 December 2013. Retrieved 28 February 2018.
- ^ "News". Salome.lse.ac.uk. 14 June 2007. Archived from the original on 15 July 2012. Retrieved 11 October 2010.
- ^ "New Centre for Macroeconomics launched at LSE", LSE website, 16 January 2013
- ^ "Institute for the Future of Work". Institute for the Future of Work. Retrieved 8 August 2022.
- ^ "Greece names Nobel economics laureate to seek growth areas". Reuters. 18 February 2020. Retrieved 15 July 2020.
- ^ "Nobel prize winner appointed chair of Egypt-Cyprus electricity project". Cyprus Mail. 16 February 2024. [dead link]
- ^ "The Institute for the Future of Work announces the Pissarides Review into the Future of Work and Wellbeing - IFOW". www.ifow.org. Retrieved 19 February 2024.
- ^ "The Pissarides Review into the Future of Work and Wellbeing - IFOW". www.ifow.org. Retrieved 19 February 2024.
- ^ Mortensen, Dale T.; Pissarides, Christopher A. (1994). "Job Creation and Job Destruction in the Theory of Unemployment" (PDF). Review of Economic Studies. 61 (3): 397–415. doi:10.2307/2297896. JSTOR 2297896. Archived from the original (PDF) on 1 September 2022. Retrieved 27 February 2018.
- ^ IZA (12 August 2010). "Prize". IZA. Retrieved 11 October 2010.
- ^ a b "The Prize in Economic Sciences 2010". Nobelprize.org. Retrieved 11 October 2010.
- ^ "3 Share Nobel Economics Prize for Market Analysis". The New York Times. 12 October 2010. Retrieved 12 October 2010.
- ^ "No. 60534". The London Gazette (Supplement). 15 June 2013. p. 2.
- ^ "Εκλογή
τ ο υ καθηγητήκ . Χριστόφορου Πισσαρίδη, κατόχου βραβείου Νόμπελ Οικονομικής Επιστήμης, ως Τακτικού Μέλους της Ακαδημίας Αθηνών" [Election of Prof. Christopher Pissarides, holder of the Nobel Prize in Economics, as member of the Academy of Athens]. Academy of Athens. 6 November 2015. Archived from the original on 27 December 2015. Retrieved 28 February 2018.
External links
[edit]- Christopher A Pissarides personal page at London School of Economics
- Christopher Pissarides' personal website
- Christopher A. Pissarides on Nobelprize.org including the Nobel lecture on 8 December 2010 Equilibrium in the Labour Market with Search Frictions
- Profile and Papers at Research Papers in Economics/RePEc
- Christopher Pissarides Archived 24 September 2015 at the Wayback Machine commemorative postage stamp issued from the Cyprus Post Office, 8 June 2011
- 1948 births
- Living people
- Cypriot Nobel laureates
- Cypriot economists
- Labor economists
- Members of the Academy of Athens (modern)
- Fellows of the Econometric Society
- Fellows of the British Academy
- Knights Bachelor
- Nobel laureates in Economics
- 20th-century British economists
- 21st-century British economists
- Alumni of the London School of Economics
- Alumni of the University of Essex
- Academics of the London School of Economics
- Academics of the University of Southampton
- Academic staff of the Hong Kong University of Science and Technology
- Eastern Orthodox Christians from Cyprus
- People educated at Pancyprian Gymnasium
- People from Nicosia
- People from Limassol District
- Academic staff of the University of Cyprus
- Naturalised citizens of the United Kingdom