Christopher Antoniou Pissarides Greek Cypriot British economist. Date of Birth: 20.02.1948 Country: Great Britain

Biography of Christopher Pissarides

Christopher Pissarides is a Greek-Cypriot British economist who is currently affiliated with the London School of Economics. He specializes in macroeconomics, specifically focusing on labor issues, economic growth, and economic policy. In 2010, Pissarides, along with Peter A. Diamond and Dale Mortensen, was awarded the Nobel Prize in Economics for his contribution to the theory of search.

Born in Agros, Cyprus, Pissarides earned his bachelor's degree in Economics from the University of Essex in 1970. He continued his studies at the same university and received his master's degree in 1971. In 1973, Pissarides went to the London School of Economics, where he obtained his PhD. His doctoral research was supervised by Michio Morishima.

Currently, Christopher holds a position at the Economics Department and the Centre for Economic Performance at the London School of Economics. He is best known for his contributions to the theory of search and matching in the study of the labor market and macroeconomics. Pissarides played a significant role in developing the idea of the matching function, which explains current labor flows, and was one of the first to empirically estimate its importance. Recently, Pissarides has focused on research related to structural changes and growth processes.

One of his most well-known works, "Job Creation and Job Destruction in the Theory of Unemployment," was published in 1994 in the "Review of Economic Studies" in collaboration with Dale Mortensen. In this work, Pissarides and Mortensen synthesized the results of their research over the past 20 years. The Mortensen-Pissarides model described in this article is now one of the most important tools for analyzing macroeconomic processes. Another notable work by Pissarides is the book "Equilibrium Unemployment Theory," which has undergone two editions and is frequently referenced in macroeconomic literature on unemployment. Dale Mortensen also actively collaborated with Pissarides on both editions of the book.