Christopher Pissarides

Christopher Pissarides

2010 Nobel Prize in Economics

Prof. Pissarides, born at Nicosia, Cyprus, 1948, British and Cypriot, 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
  • 1967-1970, BA Economics, University of Essex
  • 1970-1971, MA Economics, University of Essex
  • 1971-1973, PhD 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

    • 1996,Elected member of Council, Royal Economic Society
    • 2002, Fellow of The British Academy
    • 2005, Elected member of Council, European Economic Association
    • 2009, Vice President, European Economic Association
    • 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.