Wednesday, September 5, 2012

Christoper A. Pissarides is an economics professor at the London School of Economics in London.  Originally born in 1948 in Cyprus, Pissarides studied at the London School of Economics (LSE) where he earned his Ph.D in Economics in 1973.  Pissarides has been employed at LSE since 1976 where he is currently the Norman Sosnow Chair in Economics at the Economics Department, as well as the Director of the Research Programme on Macroeconomics at the Centre for Economic Performance.

Pissarides specializes in labor economics and in 2010, Pissarides, along with fellow economists Dale Mortensen and Peter A. Diamond, won the Nobel Prize in Economics for their work analyzing why buyers and sellers have trouble finding each other and applying it to the labor market.  He studied why the labor market does not always reflect the overall state of the economy, as even in good economies with jobs plentiful, unemployment can remain high.


I believe his work is very relevant to our class as it deals greatly with the structure of both organizations, as well as markets and economies as a whole.  He has written extensively about job creation and destruction in relation to overall unemployment, a topic that is very relevant to the material of this class.


Sources:


http://www.nytimes.com/2010/10/12/business/economy/12nobel.html?_r=2


http://www.nobelprize.org/nobel_prizes/economics/laureates/2010/pissarides.html

1 comment:

  1. I will talk about search briefly on Monday and we'll discuss it several times during the course. It is an incredibly important economic activity.

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