- 2010 Nobel Prize in Economics
Professor of Economics and Political Science, London School of Economics. His research focuses on topics of macroeconomics, notably labour, economic growth, and economic policy. In 2010, he was awarded the Nobel Prize in Economics, jointly with Peter A. Diamond and Dale Mortensen, "for their analysis of markets with theory of search frictions."
Education and Work Experience
1967-1973, BA，MA，Economics, University of Essex, Ph.D., Economics, London School of Economics
1974-1976, Lecturer in Economics, University of Southampton 1976-2012, Professor of Economics, London School of Economics
2012-Present, School Professor of Economics and Political Science, London School of Economics
Honors and Awards
2002, Fellow of The British Academy 2010, Nobel Prize in Economics
2011, President, European Economic Association
Major Academic Achievements
Prof. Pissarides is mostly known for his contributions to the search and matching theory for studying the interactions between the labour market and the macro economy.
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.