Lars Peter Hansen
  • 2013 Nobel Prize in Economics


Lars Peter Hansen (born 26 October 1952 in Urbana, Illinois) is an American economist. He is the David Rockefeller Distinguished Service Professor of economics at the University of Chicago and a 2013 recipient of the Nobel Prize in Economics.

Education and Work Experience

1978, Ph.D. Economics, University of Minnesota
1978-1981, Assistant Professor, Associate Professor, GSIA, Carnegie-Mellon University
1981-1984, Associate Professor, University of Chicago
1988-2002, Chairman, Department of Economics, University of Chicago
2007-Present, Professor in Statistics, University of Chicago
2010-Present, David Rockefeller Distinguished Service Professor, University of Chicago

Honors and Awards

1984, Frisch Medal
1993, Member, American Academy of Arts and Sciences
1997, Member, National Academy of Sciences
2006, Erwin Plein Nemmers Prize in Economics
2013, Nobel Prize in Economics

Major Academic Achievements

Hansen is best known as the developer of the econometric technique generalized method of moments (GMM) and has written and co-authored papers applying GMM to analyze economic models in numerous fields including labor economics, international finance, finance and macroeconomics.