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Christopher Pissarides

Author

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  • Richard Jackman

Abstract

Professor Christopher Pissarides was awarded the 2010 Nobel Prize in Economics jointly with Peter Diamond and Dale Mortensen ‘for their analysis of markets with search frictions’. Though Pissarides is best known for his work in this area, it is only part of a very extensive research agenda which has covered numerous topics in theoretical and applied macroeconomics, and in particular in the analysis of labour markets. Within search theory his main contributions have been in integrating search theory into models of economic equilibrium and in examining its implications for efficiency and labour market policy.

Suggested Citation

  • Richard Jackman, 2011. "Christopher Pissarides," The New Palgrave Dictionary of Economics, Palgrave Macmillan.
  • Handle: RePEc:pal:dofeco:v:5:year:2011:doi:3861
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    More about this item

    Keywords

    labour markets; macroeconomics; search theory; unemployment; wage determination;

    JEL classification:

    • B31 - Schools of Economic Thought and Methodology - - History of Economic Thought: Individuals - - - Individuals
    • D83 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Search; Learning; Information and Knowledge; Communication; Belief; Unawareness
    • E24 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Employment; Unemployment; Wages; Intergenerational Income Distribution; Aggregate Human Capital; Aggregate Labor Productivity
    • J21 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Labor Force and Employment, Size, and Structure
    • J23 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Labor Demand
    • J63 - Labor and Demographic Economics - - Mobility, Unemployment, Vacancies, and Immigrant Workers - - - Turnover; Vacancies; Layoffs
    • J64 - Labor and Demographic Economics - - Mobility, Unemployment, Vacancies, and Immigrant Workers - - - Unemployment: Models, Duration, Incidence, and Job Search

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