Christopher A. Pissarides is professor of economics at LSE ( The London School of Economic and Political Science) and holder of the Norman Sosnow Chair in Economics. He is also a fellow of the Centre for Economic Performance at LSE and of the Centre for Economic Policy Research. He was awarded his PhD at LSE in 1973 and has been on the faculty since - for 38 years.
He won the 2010 prize jointly for his work on the economics of unemployment, especially job flows and the effects of being out of work. He shares the prize with Peter Diamond from Massachusetts Institute of Technology and Dale Mortensen from Northwestern University.
The Nobel Committee said the award was for analysis of markets with search frictions.He specialises in the economics of unemployment, labour-market theory, labour-market policy and more recently he has written about growth and structural change.
He has written extensively in professional journals and his book Equilibrium Unemployment Theory, now in its second edition, is a standard reference in the economics of unemployment.
In 2009 he is serving as vice president of the European Economic Association, to become president elect in 2010 and president in 2011.In 2005 he was awarded the IZA Prize in Labor Economics (jointly with Dale Mortensen) for his work on unemployment and in 2008 he received the Republic of Cyprus "Aristeion" for the Arts, Literature and Science.
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