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Peter Diamond - Wikipedia

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class="vector-toc-text"> <span class="vector-toc-numb">2</span> <span>Career</span> </div> </a> <ul id="toc-Career-sublist" class="vector-toc-list"> </ul> </li> <li id="toc-Professional_activity" class="vector-toc-list-item vector-toc-level-1 vector-toc-list-item-expanded"> <a class="vector-toc-link" href="#Professional_activity"> <div class="vector-toc-text"> <span class="vector-toc-numb">3</span> <span>Professional activity</span> </div> </a> <button aria-controls="toc-Professional_activity-sublist" class="cdx-button cdx-button--weight-quiet cdx-button--icon-only vector-toc-toggle"> <span class="vector-icon mw-ui-icon-wikimedia-expand"></span> <span>Toggle Professional activity subsection</span> </button> <ul id="toc-Professional_activity-sublist" class="vector-toc-list"> <li id="toc-Dynamic_inefficiency" class="vector-toc-list-item vector-toc-level-2"> <a class="vector-toc-link" href="#Dynamic_inefficiency"> <div class="vector-toc-text"> <span class="vector-toc-numb">3.1</span> <span>Dynamic inefficiency</span> </div> </a> <ul id="toc-Dynamic_inefficiency-sublist" class="vector-toc-list"> </ul> </li> <li id="toc-Diamond–Mirrlees_production_efficiency_result" class="vector-toc-list-item vector-toc-level-2"> <a class="vector-toc-link" href="#Diamond–Mirrlees_production_efficiency_result"> <div class="vector-toc-text"> <span class="vector-toc-numb">3.2</span> <span>Diamond–Mirrlees production efficiency result</span> </div> </a> <ul id="toc-Diamond–Mirrlees_production_efficiency_result-sublist" class="vector-toc-list"> </ul> </li> <li id="toc-Labor_market_search_and_match" class="vector-toc-list-item vector-toc-level-2"> <a class="vector-toc-link" href="#Labor_market_search_and_match"> <div class="vector-toc-text"> <span class="vector-toc-numb">3.3</span> <span>Labor market search and match</span> </div> </a> <ul id="toc-Labor_market_search_and_match-sublist" class="vector-toc-list"> </ul> </li> <li id="toc-Social_Security_policy" class="vector-toc-list-item vector-toc-level-2"> <a class="vector-toc-link" href="#Social_Security_policy"> <div class="vector-toc-text"> <span class="vector-toc-numb">3.4</span> <span>Social Security policy</span> </div> </a> <ul id="toc-Social_Security_policy-sublist" class="vector-toc-list"> </ul> </li> </ul> </li> <li id="toc-See_also" class="vector-toc-list-item vector-toc-level-1 vector-toc-list-item-expanded"> <a class="vector-toc-link" href="#See_also"> <div class="vector-toc-text"> <span class="vector-toc-numb">4</span> <span>See also</span> </div> </a> <ul id="toc-See_also-sublist" class="vector-toc-list"> </ul> </li> <li id="toc-References" class="vector-toc-list-item vector-toc-level-1 vector-toc-list-item-expanded"> <a class="vector-toc-link" href="#References"> <div class="vector-toc-text"> <span class="vector-toc-numb">5</span> <span>References</span> </div> </a> <ul id="toc-References-sublist" class="vector-toc-list"> </ul> </li> <li id="toc-External_links" class="vector-toc-list-item vector-toc-level-1 vector-toc-list-item-expanded"> <a class="vector-toc-link" href="#External_links"> <div class="vector-toc-text"> <span class="vector-toc-numb">6</span> <span>External links</span> </div> </a> <ul id="toc-External_links-sublist" class="vector-toc-list"> </ul> </li> </ul> </div> </div> </nav> </div> </div> <div class="mw-content-container"> <main id="content" class="mw-body"> <header class="mw-body-header vector-page-titlebar"> <nav aria-label="Contents" class="vector-toc-landmark"> <div id="vector-page-titlebar-toc" class="vector-dropdown vector-page-titlebar-toc vector-button-flush-left" > <input type="checkbox" id="vector-page-titlebar-toc-checkbox" role="button" aria-haspopup="true" data-event-name="ui.dropdown-vector-page-titlebar-toc" class="vector-dropdown-checkbox " aria-label="Toggle the table of contents" > <label id="vector-page-titlebar-toc-label" for="vector-page-titlebar-toc-checkbox" class="vector-dropdown-label cdx-button cdx-button--fake-button cdx-button--fake-button--enabled cdx-button--weight-quiet cdx-button--icon-only " aria-hidden="true" ><span class="vector-icon mw-ui-icon-listBullet mw-ui-icon-wikimedia-listBullet"></span> <span class="vector-dropdown-label-text">Toggle the table of contents</span> </label> <div class="vector-dropdown-content"> <div id="vector-page-titlebar-toc-unpinned-container" class="vector-unpinned-container"> </div> </div> </div> </nav> <h1 id="firstHeading" class="firstHeading mw-first-heading"><span class="mw-page-title-main">Peter Diamond</span></h1> <div id="p-lang-btn" class="vector-dropdown mw-portlet mw-portlet-lang" > <input type="checkbox" id="p-lang-btn-checkbox" role="button" aria-haspopup="true" data-event-name="ui.dropdown-p-lang-btn" class="vector-dropdown-checkbox mw-interlanguage-selector" aria-label="Go to an article in another language. Available in 44 languages" > <label id="p-lang-btn-label" for="p-lang-btn-checkbox" class="vector-dropdown-label cdx-button cdx-button--fake-button cdx-button--fake-button--enabled cdx-button--weight-quiet cdx-button--action-progressive mw-portlet-lang-heading-44" aria-hidden="true" ><span class="vector-icon mw-ui-icon-language-progressive mw-ui-icon-wikimedia-language-progressive"></span> <span class="vector-dropdown-label-text">44 languages</span> </label> <div class="vector-dropdown-content"> <div class="vector-menu-content"> <ul class="vector-menu-content-list"> <li class="interlanguage-link interwiki-ar mw-list-item"><a href="https://ar.wikipedia.org/wiki/%D8%A8%D9%8A%D8%AA%D8%B1_%D8%AF%D8%A7%D9%8A%D9%85%D9%88%D9%86%D8%AF" title="بيتر دايموند – Arabic" lang="ar" hreflang="ar" data-title="بيتر دايموند" data-language-autonym="العربية" data-language-local-name="Arabic" class="interlanguage-link-target"><span>العربية</span></a></li><li class="interlanguage-link interwiki-az mw-list-item"><a href="https://az.wikipedia.org/wiki/Piter_Daymond" title="Piter Daymond – Azerbaijani" lang="az" hreflang="az" data-title="Piter Daymond" data-language-autonym="Azərbaycanca" data-language-local-name="Azerbaijani" class="interlanguage-link-target"><span>Azərbaycanca</span></a></li><li class="interlanguage-link interwiki-bn mw-list-item"><a href="https://bn.wikipedia.org/wiki/%E0%A6%AA%E0%A6%BF%E0%A6%9F%E0%A6%BE%E0%A6%B0_%E0%A6%86%E0%A6%B0%E0%A7%8D%E0%A6%A5%E0%A6%BE%E0%A6%B0_%E0%A6%A1%E0%A6%BE%E0%A6%AF%E0%A6%BC%E0%A6%AE%E0%A6%A8%E0%A7%8D%E0%A6%A1" title="পিটার আর্থার ডায়মন্ড – Bangla" lang="bn" hreflang="bn" data-title="পিটার আর্থার ডায়মন্ড" data-language-autonym="বাংলা" data-language-local-name="Bangla" class="interlanguage-link-target"><span>বাংলা</span></a></li><li class="interlanguage-link interwiki-be mw-list-item"><a href="https://be.wikipedia.org/wiki/%D0%9F%D1%96%D1%82%D1%8D%D1%80_%D0%94%D0%B0%D0%B9%D0%BC%D0%B0%D0%BD%D0%B4" title="Пітэр Дайманд – Belarusian" lang="be" hreflang="be" data-title="Пітэр Дайманд" data-language-autonym="Беларуская" data-language-local-name="Belarusian" class="interlanguage-link-target"><span>Беларуская</span></a></li><li class="interlanguage-link interwiki-ca mw-list-item"><a href="https://ca.wikipedia.org/wiki/Peter_Arthur_Diamond" title="Peter Arthur Diamond – Catalan" lang="ca" hreflang="ca" data-title="Peter Arthur Diamond" data-language-autonym="Català" data-language-local-name="Catalan" class="interlanguage-link-target"><span>Català</span></a></li><li class="interlanguage-link interwiki-cs mw-list-item"><a href="https://cs.wikipedia.org/wiki/Peter_A._Diamond" title="Peter A. Diamond – Czech" lang="cs" hreflang="cs" data-title="Peter A. Diamond" data-language-autonym="Čeština" data-language-local-name="Czech" class="interlanguage-link-target"><span>Čeština</span></a></li><li class="interlanguage-link interwiki-da mw-list-item"><a href="https://da.wikipedia.org/wiki/Peter_Diamond" title="Peter Diamond – Danish" lang="da" hreflang="da" data-title="Peter Diamond" data-language-autonym="Dansk" data-language-local-name="Danish" class="interlanguage-link-target"><span>Dansk</span></a></li><li class="interlanguage-link interwiki-de mw-list-item"><a href="https://de.wikipedia.org/wiki/Peter_A._Diamond" title="Peter A. Diamond – German" lang="de" hreflang="de" data-title="Peter A. Diamond" data-language-autonym="Deutsch" data-language-local-name="German" class="interlanguage-link-target"><span>Deutsch</span></a></li><li class="interlanguage-link interwiki-et mw-list-item"><a href="https://et.wikipedia.org/wiki/Peter_Diamond" title="Peter Diamond – Estonian" lang="et" hreflang="et" data-title="Peter Diamond" data-language-autonym="Eesti" data-language-local-name="Estonian" class="interlanguage-link-target"><span>Eesti</span></a></li><li class="interlanguage-link interwiki-es mw-list-item"><a href="https://es.wikipedia.org/wiki/Peter_Diamond" title="Peter Diamond – Spanish" lang="es" hreflang="es" data-title="Peter Diamond" data-language-autonym="Español" data-language-local-name="Spanish" class="interlanguage-link-target"><span>Español</span></a></li><li class="interlanguage-link interwiki-eu mw-list-item"><a href="https://eu.wikipedia.org/wiki/Peter_Diamond" title="Peter Diamond – Basque" lang="eu" hreflang="eu" data-title="Peter Diamond" data-language-autonym="Euskara" data-language-local-name="Basque" class="interlanguage-link-target"><span>Euskara</span></a></li><li class="interlanguage-link interwiki-fa mw-list-item"><a href="https://fa.wikipedia.org/wiki/%D9%BE%DB%8C%D8%AA%D8%B1_%D8%AF%DB%8C%D8%A7%D9%85%D9%88%D9%86%D8%AF" title="پیتر دیاموند – Persian" lang="fa" hreflang="fa" data-title="پیتر دیاموند" data-language-autonym="فارسی" data-language-local-name="Persian" class="interlanguage-link-target"><span>فارسی</span></a></li><li class="interlanguage-link interwiki-fr mw-list-item"><a href="https://fr.wikipedia.org/wiki/Peter_Diamond" title="Peter Diamond – French" lang="fr" hreflang="fr" data-title="Peter Diamond" data-language-autonym="Français" data-language-local-name="French" class="interlanguage-link-target"><span>Français</span></a></li><li class="interlanguage-link interwiki-ko mw-list-item"><a href="https://ko.wikipedia.org/wiki/%ED%94%BC%ED%84%B0_%EB%8B%A4%EC%9D%B4%EC%95%84%EB%AA%AC%EB%93%9C" title="피터 다이아몬드 – Korean" lang="ko" hreflang="ko" data-title="피터 다이아몬드" data-language-autonym="한국어" data-language-local-name="Korean" class="interlanguage-link-target"><span>한국어</span></a></li><li class="interlanguage-link interwiki-hy mw-list-item"><a href="https://hy.wikipedia.org/wiki/%D5%93%D5%AB%D5%A9%D5%A5%D6%80_%D4%B4%D5%A1%D5%B5%D5%B4%D5%B8%D5%B6%D5%A4" title="Փիթեր Դայմոնդ – Armenian" lang="hy" hreflang="hy" data-title="Փիթեր Դայմոնդ" data-language-autonym="Հայերեն" data-language-local-name="Armenian" class="interlanguage-link-target"><span>Հայերեն</span></a></li><li class="interlanguage-link interwiki-io mw-list-item"><a href="https://io.wikipedia.org/wiki/Peter_Arthur_Diamond" title="Peter Arthur Diamond – Ido" lang="io" hreflang="io" data-title="Peter Arthur Diamond" data-language-autonym="Ido" data-language-local-name="Ido" class="interlanguage-link-target"><span>Ido</span></a></li><li class="interlanguage-link interwiki-id mw-list-item"><a href="https://id.wikipedia.org/wiki/Peter_A._Diamond" title="Peter A. Diamond – Indonesian" lang="id" hreflang="id" data-title="Peter A. Diamond" data-language-autonym="Bahasa Indonesia" data-language-local-name="Indonesian" class="interlanguage-link-target"><span>Bahasa Indonesia</span></a></li><li class="interlanguage-link interwiki-it mw-list-item"><a href="https://it.wikipedia.org/wiki/Peter_Diamond" title="Peter Diamond – Italian" lang="it" hreflang="it" data-title="Peter Diamond" data-language-autonym="Italiano" data-language-local-name="Italian" class="interlanguage-link-target"><span>Italiano</span></a></li><li class="interlanguage-link interwiki-he mw-list-item"><a href="https://he.wikipedia.org/wiki/%D7%A4%D7%99%D7%98%D7%A8_%D7%93%D7%99%D7%90%D7%9E%D7%95%D7%A0%D7%93" title="פיטר דיאמונד – Hebrew" lang="he" hreflang="he" data-title="פיטר דיאמונד" data-language-autonym="עברית" data-language-local-name="Hebrew" class="interlanguage-link-target"><span>עברית</span></a></li><li class="interlanguage-link interwiki-ka mw-list-item"><a href="https://ka.wikipedia.org/wiki/%E1%83%9E%E1%83%98%E1%83%A2%E1%83%94%E1%83%A0_%E1%83%93%E1%83%90%E1%83%98%E1%83%9B%E1%83%9D%E1%83%9C%E1%83%93%E1%83%98" title="პიტერ დაიმონდი – Georgian" lang="ka" hreflang="ka" data-title="პიტერ დაიმონდი" data-language-autonym="ქართული" data-language-local-name="Georgian" class="interlanguage-link-target"><span>ქართული</span></a></li><li class="interlanguage-link interwiki-la mw-list-item"><a href="https://la.wikipedia.org/wiki/Petrus_Diamond" title="Petrus Diamond – Latin" lang="la" hreflang="la" data-title="Petrus Diamond" data-language-autonym="Latina" data-language-local-name="Latin" class="interlanguage-link-target"><span>Latina</span></a></li><li class="interlanguage-link interwiki-arz mw-list-item"><a href="https://arz.wikipedia.org/wiki/%D8%A8%D9%8A%D8%AA%D8%B1_%D8%AF%D8%A7%D9%8A%D9%85%D9%88%D9%86%D8%AF" title="بيتر دايموند – Egyptian Arabic" lang="arz" hreflang="arz" data-title="بيتر دايموند" data-language-autonym="مصرى" data-language-local-name="Egyptian Arabic" class="interlanguage-link-target"><span>مصرى</span></a></li><li class="interlanguage-link interwiki-ms mw-list-item"><a href="https://ms.wikipedia.org/wiki/Peter_Diamond" title="Peter Diamond – Malay" lang="ms" hreflang="ms" data-title="Peter Diamond" data-language-autonym="Bahasa Melayu" data-language-local-name="Malay" class="interlanguage-link-target"><span>Bahasa Melayu</span></a></li><li class="interlanguage-link interwiki-nl mw-list-item"><a href="https://nl.wikipedia.org/wiki/Peter_A._Diamond" title="Peter A. Diamond – Dutch" lang="nl" hreflang="nl" data-title="Peter A. Diamond" data-language-autonym="Nederlands" data-language-local-name="Dutch" class="interlanguage-link-target"><span>Nederlands</span></a></li><li class="interlanguage-link interwiki-ja mw-list-item"><a href="https://ja.wikipedia.org/wiki/%E3%83%94%E3%83%BC%E3%82%BF%E3%83%BC%E3%83%BB%E3%83%80%E3%82%A4%E3%82%A2%E3%83%A2%E3%83%B3%E3%83%89" title="ピーター・ダイアモンド – Japanese" lang="ja" hreflang="ja" data-title="ピーター・ダイアモンド" data-language-autonym="日本語" data-language-local-name="Japanese" class="interlanguage-link-target"><span>日本語</span></a></li><li class="interlanguage-link interwiki-no mw-list-item"><a href="https://no.wikipedia.org/wiki/Peter_Diamond" title="Peter Diamond – Norwegian Bokmål" lang="nb" hreflang="nb" data-title="Peter Diamond" data-language-autonym="Norsk bokmål" data-language-local-name="Norwegian Bokmål" class="interlanguage-link-target"><span>Norsk bokmål</span></a></li><li class="interlanguage-link interwiki-nds mw-list-item"><a href="https://nds.wikipedia.org/wiki/Peter_Arthur_Diamond" title="Peter Arthur Diamond – Low German" lang="nds" hreflang="nds" data-title="Peter Arthur Diamond" data-language-autonym="Plattdüütsch" data-language-local-name="Low German" class="interlanguage-link-target"><span>Plattdüütsch</span></a></li><li class="interlanguage-link interwiki-pl mw-list-item"><a href="https://pl.wikipedia.org/wiki/Peter_Diamond" title="Peter Diamond – Polish" lang="pl" hreflang="pl" data-title="Peter Diamond" data-language-autonym="Polski" data-language-local-name="Polish" class="interlanguage-link-target"><span>Polski</span></a></li><li class="interlanguage-link interwiki-pt mw-list-item"><a href="https://pt.wikipedia.org/wiki/Peter_Diamond" title="Peter Diamond – Portuguese" lang="pt" hreflang="pt" data-title="Peter Diamond" data-language-autonym="Português" data-language-local-name="Portuguese" class="interlanguage-link-target"><span>Português</span></a></li><li class="interlanguage-link interwiki-ro mw-list-item"><a href="https://ro.wikipedia.org/wiki/Peter_A._Diamond" title="Peter A. Diamond – Romanian" lang="ro" hreflang="ro" data-title="Peter A. Diamond" data-language-autonym="Română" data-language-local-name="Romanian" class="interlanguage-link-target"><span>Română</span></a></li><li class="interlanguage-link interwiki-ru mw-list-item"><a href="https://ru.wikipedia.org/wiki/%D0%94%D0%B0%D0%B9%D0%BC%D0%BE%D0%BD%D0%B4,_%D0%9F%D0%B8%D1%82%D0%B5%D1%80" title="Даймонд, Питер – Russian" lang="ru" hreflang="ru" data-title="Даймонд, Питер" data-language-autonym="Русский" data-language-local-name="Russian" class="interlanguage-link-target"><span>Русский</span></a></li><li class="interlanguage-link interwiki-scn mw-list-item"><a href="https://scn.wikipedia.org/wiki/Peter_A._Diamond" title="Peter A. Diamond – Sicilian" lang="scn" hreflang="scn" data-title="Peter A. Diamond" data-language-autonym="Sicilianu" data-language-local-name="Sicilian" class="interlanguage-link-target"><span>Sicilianu</span></a></li><li class="interlanguage-link interwiki-simple mw-list-item"><a href="https://simple.wikipedia.org/wiki/Peter_A._Diamond" title="Peter A. Diamond – Simple English" lang="en-simple" hreflang="en-simple" data-title="Peter A. Diamond" data-language-autonym="Simple English" data-language-local-name="Simple English" class="interlanguage-link-target"><span>Simple English</span></a></li><li class="interlanguage-link interwiki-sk mw-list-item"><a href="https://sk.wikipedia.org/wiki/Peter_Diamond" title="Peter Diamond – Slovak" lang="sk" hreflang="sk" data-title="Peter Diamond" data-language-autonym="Slovenčina" data-language-local-name="Slovak" class="interlanguage-link-target"><span>Slovenčina</span></a></li><li class="interlanguage-link interwiki-fi mw-list-item"><a href="https://fi.wikipedia.org/wiki/Peter_A._Diamond" title="Peter A. Diamond – Finnish" lang="fi" hreflang="fi" data-title="Peter A. Diamond" data-language-autonym="Suomi" data-language-local-name="Finnish" class="interlanguage-link-target"><span>Suomi</span></a></li><li class="interlanguage-link interwiki-sv mw-list-item"><a href="https://sv.wikipedia.org/wiki/Peter_A._Diamond" title="Peter A. Diamond – Swedish" lang="sv" hreflang="sv" data-title="Peter A. Diamond" data-language-autonym="Svenska" data-language-local-name="Swedish" class="interlanguage-link-target"><span>Svenska</span></a></li><li class="interlanguage-link interwiki-ta mw-list-item"><a href="https://ta.wikipedia.org/wiki/%E0%AE%AA%E0%AF%80%E0%AE%9F%E0%AF%8D%E0%AE%9F%E0%AE%B0%E0%AF%8D_%E0%AE%86%E0%AE%B0%E0%AF%8D%E0%AE%A4%E0%AE%B0%E0%AF%8D_%E0%AE%9F%E0%AE%AF%E0%AE%AE%E0%AE%A3%E0%AF%8D%E0%AE%9F%E0%AF%8D" title="பீட்டர் ஆர்தர் டயமண்ட் – Tamil" lang="ta" hreflang="ta" data-title="பீட்டர் ஆர்தர் டயமண்ட்" data-language-autonym="தமிழ்" data-language-local-name="Tamil" class="interlanguage-link-target"><span>தமிழ்</span></a></li><li class="interlanguage-link interwiki-tt mw-list-item"><a href="https://tt.wikipedia.org/wiki/%D0%9F%D0%B8%D1%82%D0%B5%D1%80_%D0%94%D0%B0%D0%B9%D0%BC%D0%BE%D0%BD%D0%B4" title="Питер Даймонд – Tatar" lang="tt" hreflang="tt" data-title="Питер Даймонд" data-language-autonym="Татарча / tatarça" data-language-local-name="Tatar" class="interlanguage-link-target"><span>Татарча / tatarça</span></a></li><li class="interlanguage-link interwiki-tr mw-list-item"><a href="https://tr.wikipedia.org/wiki/Peter_Diamond" title="Peter Diamond – Turkish" lang="tr" hreflang="tr" data-title="Peter Diamond" data-language-autonym="Türkçe" data-language-local-name="Turkish" class="interlanguage-link-target"><span>Türkçe</span></a></li><li class="interlanguage-link interwiki-uk mw-list-item"><a href="https://uk.wikipedia.org/wiki/%D0%9F%D1%96%D1%82%D0%B5%D1%80_%D0%90%D1%80%D1%82%D1%83%D1%80_%D0%94%D0%B0%D0%B9%D0%BC%D0%BE%D0%BD%D0%B4" title="Пітер Артур Даймонд – Ukrainian" lang="uk" hreflang="uk" data-title="Пітер Артур Даймонд" data-language-autonym="Українська" data-language-local-name="Ukrainian" class="interlanguage-link-target"><span>Українська</span></a></li><li class="interlanguage-link interwiki-ur mw-list-item"><a href="https://ur.wikipedia.org/wiki/%D9%BE%DB%8C%D9%B9%D8%B1_%DA%88%D8%A7%D8%A6%D9%85%D9%86%DA%88" title="پیٹر ڈائمنڈ – Urdu" lang="ur" hreflang="ur" data-title="پیٹر ڈائمنڈ" data-language-autonym="اردو" data-language-local-name="Urdu" class="interlanguage-link-target"><span>اردو</span></a></li><li class="interlanguage-link interwiki-vi mw-list-item"><a href="https://vi.wikipedia.org/wiki/Peter_A._Diamond" title="Peter A. Diamond – Vietnamese" lang="vi" hreflang="vi" data-title="Peter A. Diamond" data-language-autonym="Tiếng Việt" data-language-local-name="Vietnamese" class="interlanguage-link-target"><span>Tiếng Việt</span></a></li><li class="interlanguage-link interwiki-yo mw-list-item"><a href="https://yo.wikipedia.org/wiki/Peter_A._Diamond" title="Peter A. Diamond – Yoruba" lang="yo" hreflang="yo" data-title="Peter A. 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div.hatnote{padding-left:1.6em;margin-bottom:0.5em}.mw-parser-output .hatnote i{font-style:normal}.mw-parser-output .hatnote+link+.hatnote{margin-top:-0.5em}@media print{body.ns-0 .mw-parser-output .hatnote{display:none!important}}</style><div role="note" class="hatnote navigation-not-searchable">For other uses, see <a href="/wiki/Peter_Diamond_(disambiguation)" class="mw-disambig" title="Peter Diamond (disambiguation)">Peter Diamond (disambiguation)</a>.</div> <p class="mw-empty-elt"> </p> <style data-mw-deduplicate="TemplateStyles:r1257001546">.mw-parser-output .infobox-subbox{padding:0;border:none;margin:-3px;width:auto;min-width:100%;font-size:100%;clear:none;float:none;background-color:transparent}.mw-parser-output .infobox-3cols-child{margin:auto}.mw-parser-output .infobox .navbar{font-size:100%}@media screen{html.skin-theme-clientpref-night .mw-parser-output .infobox-full-data:not(.notheme)>div:not(.notheme)[style]{background:#1f1f23!important;color:#f8f9fa}}@media screen and (prefers-color-scheme:dark){html.skin-theme-clientpref-os .mw-parser-output .infobox-full-data:not(.notheme) div:not(.notheme){background:#1f1f23!important;color:#f8f9fa}}@media(min-width:640px){body.skin--responsive .mw-parser-output .infobox-table{display:table!important}body.skin--responsive .mw-parser-output .infobox-table>caption{display:table-caption!important}body.skin--responsive .mw-parser-output .infobox-table>tbody{display:table-row-group}body.skin--responsive .mw-parser-output .infobox-table tr{display:table-row!important}body.skin--responsive .mw-parser-output .infobox-table th,body.skin--responsive .mw-parser-output .infobox-table td{padding-left:inherit;padding-right:inherit}}</style><table class="infobox biography vcard"><tbody><tr><th colspan="2" class="infobox-above" style="font-size:125%;"><div class="fn">Peter Diamond</div></th></tr><tr><td colspan="2" class="infobox-image"><span class="mw-default-size" typeof="mw:File/Frameless"><a href="/wiki/File:Peter_Diamond_(economist).jpg" class="mw-file-description"><img src="//upload.wikimedia.org/wikipedia/commons/thumb/b/b1/Peter_Diamond_%28economist%29.jpg/220px-Peter_Diamond_%28economist%29.jpg" decoding="async" width="220" height="280" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/b/b1/Peter_Diamond_%28economist%29.jpg/330px-Peter_Diamond_%28economist%29.jpg 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/b/b1/Peter_Diamond_%28economist%29.jpg/440px-Peter_Diamond_%28economist%29.jpg 2x" data-file-width="527" data-file-height="671" /></a></span><div class="infobox-caption">Diamond in 2010</div></td></tr><tr><th scope="row" class="infobox-label">Born</th><td class="infobox-data"><div style="display:inline" class="nickname">Peter Arthur Diamond</div><br /><span style="display:none"> (<span class="bday">1940-04-29</span>) </span>April 29, 1940<span class="noprint ForceAgeToShow"> (age&#160;84)</span><br /><div style="display:inline" class="birthplace"><a href="/wiki/New_York_City" title="New York City">New York City</a>, <a href="/wiki/New_York_(state)" title="New York (state)">New York</a>, U.S.</div></td></tr><tr><th scope="row" class="infobox-label">Education</th><td class="infobox-data"><a href="/wiki/Yale_University" title="Yale University">Yale University</a> (<a href="/wiki/Bachelor_of_Arts" title="Bachelor of Arts">BA</a>)<br /><a href="/wiki/Massachusetts_Institute_of_Technology" title="Massachusetts Institute of Technology">Massachusetts Institute of Technology</a> (<a href="/wiki/Master_of_Arts" title="Master of Arts">MA</a>, <a href="/wiki/Doctor_of_Philosophy" title="Doctor of Philosophy">PhD</a>)</td></tr><tr><th scope="row" class="infobox-label">Spouse</th><td class="infobox-data">Kate Myrick</td></tr><tr><td colspan="2" class="infobox-full-data"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1257001546"></td></tr><tr><th colspan="2" class="infobox-header">Academic career</th></tr><tr><th scope="row" class="infobox-label">Field</th><td class="infobox-data category"><a href="/wiki/Political_economics" class="mw-redirect" title="Political economics">Political economics</a><br /><a href="/wiki/Welfare_economics" title="Welfare economics">Welfare economics</a><br /><a href="/wiki/Behavioral_economics" title="Behavioral economics">Behavioral economics</a></td></tr><tr><th scope="row" class="infobox-label">Institutions</th><td class="infobox-data"><a href="/wiki/Massachusetts_Institute_of_Technology" title="Massachusetts Institute of Technology">Massachusetts Institute of Technology</a><br /><a href="/wiki/University_of_California,_Berkeley" title="University of California, Berkeley">University of California, Berkeley</a><br /><a href="/wiki/University_of_Cambridge" title="University of Cambridge">University of Cambridge</a></td></tr><tr><th scope="row" class="infobox-label">Doctoral<br />advisor</th><td class="infobox-data"><a href="/wiki/Robert_Solow" title="Robert Solow">Robert Solow</a><sup id="cite_ref-1" class="reference"><a href="#cite_note-1"><span class="cite-bracket">&#91;</span>1<span class="cite-bracket">&#93;</span></a></sup></td></tr><tr><th scope="row" class="infobox-label">Doctoral<br />students</th><td class="infobox-data"><a href="/wiki/Martin_Hellwig" title="Martin Hellwig">Martin Hellwig</a><sup id="cite_ref-2" class="reference"><a href="#cite_note-2"><span class="cite-bracket">&#91;</span>2<span class="cite-bracket">&#93;</span></a></sup><br /><a href="/wiki/David_K._Levine" title="David K. Levine">David K. Levine</a><sup id="cite_ref-3" class="reference"><a href="#cite_note-3"><span class="cite-bracket">&#91;</span>3<span class="cite-bracket">&#93;</span></a></sup><br /><a href="/wiki/Andrei_Shleifer" title="Andrei Shleifer">Andrei Shleifer</a><sup id="cite_ref-4" class="reference"><a href="#cite_note-4"><span class="cite-bracket">&#91;</span>4<span class="cite-bracket">&#93;</span></a></sup><br /><a href="/wiki/Emmanuel_Saez" title="Emmanuel Saez">Emmanuel Saez</a><sup id="cite_ref-5" class="reference"><a href="#cite_note-5"><span class="cite-bracket">&#91;</span>5<span class="cite-bracket">&#93;</span></a></sup><br /><a href="/wiki/Botond_K%C5%91szegi" title="Botond Kőszegi">Botond Kőszegi</a><sup id="cite_ref-6" class="reference"><a href="#cite_note-6"><span class="cite-bracket">&#91;</span>6<span class="cite-bracket">&#93;</span></a></sup></td></tr><tr><th scope="row" class="infobox-label">Awards</th><td class="infobox-data"><a href="/wiki/Nemmers_Prize_in_Economics" class="mw-redirect" title="Nemmers Prize in Economics">Nemmers Prize in Economics</a> (1994) <br /> <a href="/wiki/Nobel_Memorial_Prize_in_Economic_Sciences" title="Nobel Memorial Prize in Economic Sciences">Nobel Memorial Prize in Economic Sciences</a> (2010)</td></tr><tr><td colspan="2" class="infobox-full-data"><a rel="nofollow" class="external text" href="https://ideas.repec.org/e/pdi24.html">Information</a> at <a href="/wiki/Research_Papers_in_Economics" title="Research Papers in Economics">IDEAS&#160;/&#160;RePEc</a></td></tr><tr style="display:none"><td colspan="2"> </td></tr><tr><td colspan="2" class="infobox-full-data"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1257001546"></td></tr><tr><td colspan="2" class="infobox-full-data"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1257001546"></td></tr><tr><th colspan="2" class="infobox-header">Academic background</th></tr><tr><th scope="row" class="infobox-label"><a href="/wiki/Thesis" title="Thesis">Thesis</a></th><td class="infobox-data"><a rel="nofollow" class="external text" href="http://hdl.handle.net/1721.1/59420"><i>Essays on optimal economic growth</i></a>&#160;(1963)</td></tr><tr style="display:none"><td colspan="2"> </td></tr><tr style="display:none"><td colspan="2"> </td></tr><tr><th colspan="2" class="infobox-header">Notes</th></tr><tr><td colspan="2" class="infobox-full-data"><div style="text-align: left;"><sup id="cite_ref-7" class="reference"><a href="#cite_note-7"><span class="cite-bracket">&#91;</span>7<span class="cite-bracket">&#93;</span></a></sup></div></td></tr></tbody></table> <p><b>Peter Arthur Diamond</b> (born <span class="nowrap">April 29</span>, 1940) is an American <a href="/wiki/Economist" title="Economist">economist</a> known for his analysis of <a href="/wiki/U.S._Social_Security" class="mw-redirect" title="U.S. Social Security">U.S. Social Security</a> policy and his work as an advisor to the Advisory Council on Social Security in the late 1980s and 1990s. He was awarded the <a href="/wiki/Nobel_Memorial_Prize_in_Economic_Sciences" title="Nobel Memorial Prize in Economic Sciences">Nobel Memorial Prize in Economic Sciences</a> in 2010, along with <a href="/wiki/Dale_T._Mortensen" title="Dale T. Mortensen">Dale T. Mortensen</a> and <a href="/wiki/Christopher_A._Pissarides" title="Christopher A. Pissarides">Christopher A. Pissarides</a>. He is an <a href="/wiki/List_of_Institute_Professors" class="mw-redirect" title="List of Institute Professors">Institute Professor</a> at the <a href="/wiki/Massachusetts_Institute_of_Technology" title="Massachusetts Institute of Technology">Massachusetts Institute of Technology</a>. On June 6, 2011, he withdrew his nomination to serve on the <a href="/wiki/Federal_Reserve" title="Federal Reserve">Federal Reserve</a>'s board of governors, citing intractable <a href="/wiki/Republican_Party_(United_States)" title="Republican Party (United States)">Republican</a> opposition for 14 months.<sup id="cite_ref-8" class="reference"><a href="#cite_note-8"><span class="cite-bracket">&#91;</span>8<span class="cite-bracket">&#93;</span></a></sup><sup id="cite_ref-9" class="reference"><a href="#cite_note-9"><span class="cite-bracket">&#91;</span>9<span class="cite-bracket">&#93;</span></a></sup> </p> <meta property="mw:PageProp/toc" /> <div class="mw-heading mw-heading2"><h2 id="Early_life_and_education">Early life and education</h2><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Peter_Diamond&amp;action=edit&amp;section=1" title="Edit section: Early life and education"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <figure typeof="mw:File/Thumb"><a href="/wiki/File:Nobel_Prize_2010-Press_Conference_KVA-DSC_8019.jpg" class="mw-file-description"><img src="//upload.wikimedia.org/wikipedia/commons/thumb/a/ac/Nobel_Prize_2010-Press_Conference_KVA-DSC_8019.jpg/250px-Nobel_Prize_2010-Press_Conference_KVA-DSC_8019.jpg" decoding="async" width="250" height="167" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/a/ac/Nobel_Prize_2010-Press_Conference_KVA-DSC_8019.jpg/375px-Nobel_Prize_2010-Press_Conference_KVA-DSC_8019.jpg 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/a/ac/Nobel_Prize_2010-Press_Conference_KVA-DSC_8019.jpg/500px-Nobel_Prize_2010-Press_Conference_KVA-DSC_8019.jpg 2x" data-file-width="3513" data-file-height="2342" /></a><figcaption>Peter Diamond, <a href="/wiki/Dale_T._Mortensen" title="Dale T. Mortensen">Dale T. Mortensen</a>, <a href="/wiki/Christopher_A._Pissarides" title="Christopher A. Pissarides">Christopher A. Pissarides</a>, <a href="/wiki/Konstantin_Novoselov" title="Konstantin Novoselov">Konstantin Novoselov</a>, <a href="/wiki/Andre_Geim" title="Andre Geim">Andre Geim</a>, <a href="/wiki/Akira_Suzuki_(chemist)" class="mw-redirect" title="Akira Suzuki (chemist)">Akira Suzuki</a>, <a href="/wiki/Ei-ichi_Negishi" title="Ei-ichi Negishi">Ei-ichi Negishi</a>, and <a href="/wiki/Richard_Heck" class="mw-redirect" title="Richard Heck">Richard Heck</a>, Nobel Prize Laureates 2010, at a press conference at the <a href="/wiki/Royal_Swedish_Academy_of_Sciences" title="Royal Swedish Academy of Sciences">Royal Swedish Academy of Sciences</a> in Stockholm.</figcaption></figure> <p>Diamond was born to a <a href="/wiki/American_Jews" title="American Jews">Jewish</a> family in <a href="/wiki/New_York_City" title="New York City">New York City</a>.<sup id="cite_ref-10" class="reference"><a href="#cite_note-10"><span class="cite-bracket">&#91;</span>10<span class="cite-bracket">&#93;</span></a></sup><sup id="cite_ref-11" class="reference"><a href="#cite_note-11"><span class="cite-bracket">&#91;</span>11<span class="cite-bracket">&#93;</span></a></sup><sup id="cite_ref-12" class="reference"><a href="#cite_note-12"><span class="cite-bracket">&#91;</span>12<span class="cite-bracket">&#93;</span></a></sup> His grandparents immigrated to the U.S. at the turn of the 20th century. His mother's parents and six older siblings came from Poland. His father's parents met in New York, she came from Russia and he came from Romania. His parents, both born in 1908, grew up in <a href="/wiki/New_York_City" title="New York City">New York City</a> and never lived outside the metropolitan area. Both finished high school and went to work, his father studying at <a href="/wiki/Brooklyn_Law_School" title="Brooklyn Law School">Brooklyn Law School</a> at night while selling shoes during the day. They married in 1929. He has one brother, Richard, born in 1934.<sup id="cite_ref-13" class="reference"><a href="#cite_note-13"><span class="cite-bracket">&#91;</span>13<span class="cite-bracket">&#93;</span></a></sup> </p><p>He started public school in the Bronx, and switched to suburban public schools in the second grade when the family moved to <a href="/wiki/Woodmere,_New_York" title="Woodmere, New York">Woodmere</a>, on <a href="/wiki/Long_Island" title="Long Island">Long Island</a>. He eventually graduated from <a href="/wiki/Lawrence_High_School_(New_York)" class="mw-redirect" title="Lawrence High School (New York)">Lawrence High School</a>.<sup id="cite_ref-14" class="reference"><a href="#cite_note-14"><span class="cite-bracket">&#91;</span>14<span class="cite-bracket">&#93;</span></a></sup> He earned a <a href="/wiki/Bachelor%27s_degree" title="Bachelor&#39;s degree">bachelor's degree</a> <i>summa cum laude</i> in <a href="/wiki/Mathematics" title="Mathematics">mathematics</a> from <a href="/wiki/Yale_University" title="Yale University">Yale University</a> (1960), and a <a href="/wiki/Ph.D." class="mw-redirect" title="Ph.D.">Ph.D.</a> at the <a href="/wiki/Massachusetts_Institute_of_Technology" title="Massachusetts Institute of Technology">Massachusetts Institute of Technology</a> (1963).<sup id="cite_ref-MIT_CV_15-0" class="reference"><a href="#cite_note-MIT_CV-15"><span class="cite-bracket">&#91;</span>15<span class="cite-bracket">&#93;</span></a></sup> </p> <div class="mw-heading mw-heading2"><h2 id="Career">Career</h2><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Peter_Diamond&amp;action=edit&amp;section=2" title="Edit section: Career"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <p>He was an <a href="/wiki/Assistant_professor" title="Assistant professor">assistant professor</a> at the <a href="/wiki/University_of_California,_Berkeley" title="University of California, Berkeley">University of California, Berkeley</a>, from 1963 to 1965 and an acting <a href="/wiki/Associate_professor" title="Associate professor">associate professor</a> there before joining the <a href="/wiki/MIT_faculty" class="mw-redirect" title="MIT faculty">MIT faculty</a> as an associate professor in 1966.<sup id="cite_ref-MIT_CV_15-1" class="reference"><a href="#cite_note-MIT_CV-15"><span class="cite-bracket">&#91;</span>15<span class="cite-bracket">&#93;</span></a></sup> Diamond was promoted to <a href="/wiki/Full_professor" class="mw-redirect" title="Full professor">full professor</a> in 1970, served as head of the Department of Economics in 1985–86 and was named an <a href="/wiki/List_of_Institute_Professors" class="mw-redirect" title="List of Institute Professors">Institute Professor</a> in 1997.<sup id="cite_ref-MIT_CV_15-2" class="reference"><a href="#cite_note-MIT_CV-15"><span class="cite-bracket">&#91;</span>15<span class="cite-bracket">&#93;</span></a></sup> </p><p>In 1968, Diamond was elected a fellow and served as president of the <a href="/wiki/Econometric_Society" title="Econometric Society">Econometric Society</a>.<sup id="cite_ref-MIT_CV_15-3" class="reference"><a href="#cite_note-MIT_CV-15"><span class="cite-bracket">&#91;</span>15<span class="cite-bracket">&#93;</span></a></sup> In 2003, he served as president of the <a href="/wiki/American_Economic_Association" title="American Economic Association">American Economic Association</a>.<sup id="cite_ref-MIT_CV_15-4" class="reference"><a href="#cite_note-MIT_CV-15"><span class="cite-bracket">&#91;</span>15<span class="cite-bracket">&#93;</span></a></sup> He is a Fellow of the <a href="/wiki/American_Academy_of_Arts_and_Sciences" title="American Academy of Arts and Sciences">American Academy of Arts and Sciences</a> (1978), a member of the <a href="/wiki/United_States_National_Academy_of_Sciences" class="mw-redirect" title="United States National Academy of Sciences">National Academy of Sciences</a> (1984), and is a founding member of the National Academy of Social Insurance (1988).<sup id="cite_ref-MIT_CV_15-5" class="reference"><a href="#cite_note-MIT_CV-15"><span class="cite-bracket">&#91;</span>15<span class="cite-bracket">&#93;</span></a></sup> Diamond was the 2008 recipient of the Robert M. Ball Award for Outstanding Achievements in Social Insurance, awarded by NASI.<sup id="cite_ref-MIT_CV_15-6" class="reference"><a href="#cite_note-MIT_CV-15"><span class="cite-bracket">&#91;</span>15<span class="cite-bracket">&#93;</span></a></sup><sup id="cite_ref-16" class="reference"><a href="#cite_note-16"><span class="cite-bracket">&#91;</span>16<span class="cite-bracket">&#93;</span></a></sup> As a <a href="/wiki/U.S.-Italy_Fulbright_Commission" title="U.S.-Italy Fulbright Commission">Fulbright Distinguished Chair</a>, in 2000 he taught economics at the <a href="/wiki/University_of_Siena" title="University of Siena">University of Siena</a>. </p><p>Diamond wrote a book on Social Security with <a href="/wiki/Peter_R._Orszag" title="Peter R. Orszag">Peter R. Orszag</a>, President Obama's former director of the <a href="/wiki/Office_of_Management_and_Budget" title="Office of Management and Budget">Office of Management and Budget</a>,<sup id="cite_ref-NYT01_17-0" class="reference"><a href="#cite_note-NYT01-17"><span class="cite-bracket">&#91;</span>17<span class="cite-bracket">&#93;</span></a></sup> titled <i>Saving Social security: a balanced approach</i> (2004,-5, <a href="/wiki/Brookings_Institution_Press" class="mw-redirect" title="Brookings Institution Press">Brookings Institution Press</a>).<sup id="cite_ref-18" class="reference"><a href="#cite_note-18"><span class="cite-bracket">&#91;</span>18<span class="cite-bracket">&#93;</span></a></sup> An earlier paper from <a href="/wiki/Brookings_Institution" title="Brookings Institution">Brookings Institution</a> introduced their ideas.<sup id="cite_ref-19" class="reference"><a href="#cite_note-19"><span class="cite-bracket">&#91;</span>19<span class="cite-bracket">&#93;</span></a></sup> </p><p> In April 2010, Diamond, along with <a href="/wiki/Janet_Yellen" title="Janet Yellen">Janet Yellen</a> and <a href="/wiki/Sarah_Bloom_Raskin" title="Sarah Bloom Raskin">Sarah Bloom Raskin</a>, was nominated by <a href="/wiki/U.S._President" class="mw-redirect" title="U.S. President">President</a> <a href="/wiki/Barack_Obama" title="Barack Obama">Barack Obama</a> to fill the vacancies on the <a href="/wiki/Federal_Reserve_Board" class="mw-redirect" title="Federal Reserve Board">Federal Reserve Board</a>.<sup id="cite_ref-Reddy_WSJ_20-0" class="reference"><a href="#cite_note-Reddy_WSJ-20"><span class="cite-bracket">&#91;</span>20<span class="cite-bracket">&#93;</span></a></sup> In August 2010, the Senate returned Diamond's nomination to the White House, effectively rejecting his nomination.<sup id="cite_ref-21" class="reference"><a href="#cite_note-21"><span class="cite-bracket">&#91;</span>21<span class="cite-bracket">&#93;</span></a></sup> President Obama renominated him in September.<sup id="cite_ref-22" class="reference"><a href="#cite_note-22"><span class="cite-bracket">&#91;</span>22<span class="cite-bracket">&#93;</span></a></sup> In June 2011, following a third round of consideration for the Fed seat, Diamond wrote in a <i>New York Times</i> <a href="/wiki/Op-ed" title="Op-ed">op-ed</a> column that he planned to withdraw his name. In the column, he strongly criticized the nomination process and "partisan polarization" in <a href="/wiki/Washington,_D.C." title="Washington, D.C.">Washington</a>, saying he was effectively blocked by Republicans on the <a href="/wiki/Senate_Banking_Committee" class="mw-redirect" title="Senate Banking Committee">Senate Banking Committee</a>. He also detailed the consideration process, saying that in the first and second rounds, three Republicans had favored his confirmation. In the third, when his name was resubmitted in January 2011, the Republicans all followed ranking minority member Shelby (R, <a href="/wiki/Alabama" title="Alabama">Alabama</a>) in voting against it. Diamond continued, quoting Shelby:</p><blockquote><p>"Does Dr. Diamond have any experience in conducting monetary policy? No," [Shelby] said in March. "His academic work has been on pensions and labor market theory." But [Diamond began his reply, in the column] understanding the labor market—and the process by which workers and jobs come together and separate—is critical to devising an effective monetary policy.</p></blockquote><p> Diamond went on to discuss how his expertise would, he felt, have benefited the central bank and his opinion that "[s]killed analytical thinking should not be drowned out by mistaken, ideologically driven views."<sup id="cite_ref-23" class="reference"><a href="#cite_note-23"><span class="cite-bracket">&#91;</span>23<span class="cite-bracket">&#93;</span></a></sup> In a statement, Shelby "wouldn't be drawn into a public spat with the nominee," saying simply "I have said many times that I commend Dr. Diamond's talent and career. I wish him the best in the future."<sup id="cite_ref-24" class="reference"><a href="#cite_note-24"><span class="cite-bracket">&#91;</span>24<span class="cite-bracket">&#93;</span></a></sup> </p><p><a href="/wiki/Ben_Bernanke" title="Ben Bernanke">Ben Bernanke</a> (<a href="/wiki/Nobel_Memorial_Prize_in_Economic_Sciences" title="Nobel Memorial Prize in Economic Sciences">Nobel Prize</a> winner and former <a href="/wiki/Chairman_of_the_Federal_Reserve" class="mw-redirect" title="Chairman of the Federal Reserve">chairman of the Fed</a>) was once a student of Diamond.<sup id="cite_ref-25" class="reference"><a href="#cite_note-25"><span class="cite-bracket">&#91;</span>25<span class="cite-bracket">&#93;</span></a></sup> </p><p>In October 2010, Diamond was awarded the <a href="/wiki/Nobel_Prize_in_Economic_Sciences" class="mw-redirect" title="Nobel Prize in Economic Sciences">Nobel Prize in Economic Sciences</a>, along with <a href="/wiki/Dale_T._Mortensen" title="Dale T. Mortensen">Dale T. Mortensen</a> from <a href="/wiki/Northwestern_University" title="Northwestern University">Northwestern University</a> and <a href="/wiki/Christopher_A._Pissarides" title="Christopher A. Pissarides">Christopher A. Pissarides</a> from the <a href="/wiki/London_School_of_Economics" title="London School of Economics">London School of Economics</a> "for their analysis of markets with search frictions".<sup id="cite_ref-26" class="reference"><a href="#cite_note-26"><span class="cite-bracket">&#91;</span>26<span class="cite-bracket">&#93;</span></a></sup> </p><p>In 2011 he received The John R. Commons Award from <a href="/wiki/Omicron_Delta_Epsilon" title="Omicron Delta Epsilon">Omicron Delta Epsilon</a>, the economics honor society.<sup id="cite_ref-27" class="reference"><a href="#cite_note-27"><span class="cite-bracket">&#91;</span>27<span class="cite-bracket">&#93;</span></a></sup> </p><p><a href="/wiki/Andrei_Shleifer" title="Andrei Shleifer">Andrei Shleifer</a> and <a href="/wiki/Emmanuel_Saez" title="Emmanuel Saez">Emmanuel Saez</a> are two of his doctoral supervisees who won the John Bates Clark Medal for the best American economist under the age of 40. </p><p>Diamond has been married to Kate (Priscilla Myrick) since 1966.<sup id="cite_ref-28" class="reference"><a href="#cite_note-28"><span class="cite-bracket">&#91;</span>28<span class="cite-bracket">&#93;</span></a></sup> They have two sons. </p> <div class="mw-heading mw-heading2"><h2 id="Professional_activity">Professional activity</h2><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Peter_Diamond&amp;action=edit&amp;section=3" title="Edit section: Professional activity"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <p>Diamond has made fundamental contributions to a variety of areas, including <a href="/wiki/Government_debt" title="Government debt">government debt</a> and <a href="/wiki/Capital_accumulation" title="Capital accumulation">capital accumulation</a>, <a href="/wiki/Capital_markets" class="mw-redirect" title="Capital markets">capital markets</a> and risk sharing, <a href="/wiki/Optimal_taxation" class="mw-redirect" title="Optimal taxation">optimal taxation</a>, search and matching in <a href="/wiki/Labor_markets" class="mw-redirect" title="Labor markets">labor markets</a>, and <a href="/wiki/Social_insurance" title="Social insurance">social insurance</a>.<sup class="noprint Inline-Template Template-Fact" style="white-space:nowrap;">&#91;<i><a href="/wiki/Wikipedia:Citation_needed" title="Wikipedia:Citation needed"><span title="This claim needs references to reliable sources. (February 2018)">citation needed</span></a></i>&#93;</sup> </p> <div class="mw-heading mw-heading3"><h3 id="Dynamic_inefficiency">Dynamic inefficiency</h3><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Peter_Diamond&amp;action=edit&amp;section=4" title="Edit section: Dynamic inefficiency"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1236090951"><div role="note" class="hatnote navigation-not-searchable">Further information: <a href="/wiki/Overlapping_generations_model" title="Overlapping generations model">Overlapping generations model</a></div> <style data-mw-deduplicate="TemplateStyles:r1129693374">.mw-parser-output .hlist dl,.mw-parser-output .hlist ol,.mw-parser-output .hlist ul{margin:0;padding:0}.mw-parser-output .hlist dd,.mw-parser-output .hlist dt,.mw-parser-output .hlist li{margin:0;display:inline}.mw-parser-output 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.sidebar-title-with-pretitle{background:transparent!important}html.skin-theme-clientpref-night .mw-parser-output .sidebar:not(.notheme) .sidebar-title-with-pretitle a{color:var(--color-progressive)!important}}@media screen and (prefers-color-scheme:dark){html.skin-theme-clientpref-os .mw-parser-output .sidebar:not(.notheme) .sidebar-list-title,html.skin-theme-clientpref-os .mw-parser-output .sidebar:not(.notheme) .sidebar-title-with-pretitle{background:transparent!important}html.skin-theme-clientpref-os .mw-parser-output .sidebar:not(.notheme) .sidebar-title-with-pretitle a{color:var(--color-progressive)!important}}@media print{body.ns-0 .mw-parser-output .sidebar{display:none!important}}</style><table class="sidebar sidebar-collapse nomobile nowraplinks"><tbody><tr><td class="sidebar-pretitle">Part of <a href="/wiki/Category:Macroeconomics" title="Category:Macroeconomics">a series</a> on</td></tr><tr><th class="sidebar-title-with-pretitle"><a href="/wiki/Macroeconomics" title="Macroeconomics">Macroeconomics</a></th></tr><tr><td class="sidebar-image" style="padding-top:0.6em;"><span class="notpageimage" typeof="mw:File"><a href="/wiki/File:Ec_8_(26088200676)_(cropped).jpg" class="mw-file-description"><img alt="Federal Reserve" src="//upload.wikimedia.org/wikipedia/commons/thumb/8/8f/Ec_8_%2826088200676%29_%28cropped%29.jpg/220px-Ec_8_%2826088200676%29_%28cropped%29.jpg" decoding="async" width="220" height="150" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/8/8f/Ec_8_%2826088200676%29_%28cropped%29.jpg/330px-Ec_8_%2826088200676%29_%28cropped%29.jpg 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/8/8f/Ec_8_%2826088200676%29_%28cropped%29.jpg/440px-Ec_8_%2826088200676%29_%28cropped%29.jpg 2x" data-file-width="2400" data-file-height="1633" /></a></span></td></tr><tr><td class="sidebar-content"> <div class="sidebar-list mw-collapsible mw-collapsed"><div class="sidebar-list-title" style="background:transparent;border-top:1px solid #aaa;text-align:center;;color: var(--color-base)">Basic concepts</div><div class="sidebar-list-content mw-collapsible-content hlist"> <ul><li><a href="/wiki/Aggregate_demand" title="Aggregate demand">Aggregate demand</a></li> <li><a href="/wiki/Aggregate_supply" title="Aggregate supply">Aggregate supply</a></li> <li><a href="/wiki/Business_cycle" title="Business cycle">Business cycle</a></li> <li><a href="/wiki/Compound_annual_growth_rate" title="Compound annual growth rate">CAGR</a></li> <li><a href="/wiki/Deflation" title="Deflation">Deflation</a></li> <li><a href="/wiki/Demand_shock" title="Demand shock">Demand shock</a></li> <li><a href="/wiki/Disinflation" title="Disinflation">Disinflation</a></li> <li><a href="/wiki/Effective_demand" title="Effective demand">Effective demand</a></li> <li>Expectations <ul><li><a href="/wiki/Adaptive_expectations" title="Adaptive expectations">Adaptive</a></li> <li><a href="/wiki/Rational_expectations" title="Rational expectations">Rational</a></li></ul></li> <li><a href="/wiki/Financial_crisis" title="Financial crisis">Financial crisis</a></li> <li><a href="/wiki/Economic_growth" title="Economic growth">Growth</a></li> <li><a href="/wiki/Inflation" title="Inflation">Inflation</a> <ul><li><a href="/wiki/Demand-pull_inflation" title="Demand-pull inflation">Demand-pull</a></li> <li><a href="/wiki/Cost-push_inflation" title="Cost-push inflation">Cost-push</a></li></ul></li> <li><a href="/wiki/Interest_rate" title="Interest rate">Interest rate</a></li> <li><a href="/wiki/Investment_(macroeconomics)" title="Investment (macroeconomics)">Investment</a></li> <li><a href="/wiki/Liquidity_trap" title="Liquidity trap">Liquidity trap</a></li> <li><a href="/wiki/Measures_of_national_income_and_output" title="Measures of national income and output">Measures of national income and output</a> <ul><li><a href="/wiki/Gross_domestic_product" title="Gross domestic product">GDP</a></li> <li><a href="/wiki/Gross_national_income" title="Gross national income">GNI</a></li> <li><a href="/wiki/Net_national_income" title="Net national income">NNI</a></li></ul></li> <li><a href="/wiki/Microfoundations" title="Microfoundations">Microfoundations</a></li> <li><a href="/wiki/Money" title="Money">Money</a> <ul><li><a href="/wiki/Endogenous_money" title="Endogenous money">Endogenous</a></li></ul></li> <li><a href="/wiki/Money_creation" title="Money creation">Money creation</a></li> <li><a href="/wiki/Demand_for_money" title="Demand for money">Demand for money</a> <ul><li><a href="/wiki/Liquidity_preference" title="Liquidity preference">Liquidity preference</a></li></ul></li> <li><a href="/wiki/Money_supply" title="Money supply">Money supply</a></li> <li><a href="/wiki/National_accounts" title="National accounts">National accounts</a> <ul><li><a href="/wiki/System_of_National_Accounts" title="System of National Accounts">SNA</a></li></ul></li> <li><a href="/wiki/Nominal_rigidity" title="Nominal rigidity">Nominal rigidity</a></li> <li><a href="/wiki/Price_level" title="Price level">Price level</a></li> <li><a href="/wiki/Recession" title="Recession">Recession</a></li> <li><a href="/wiki/Shrinkflation" title="Shrinkflation">Shrinkflation</a></li> <li><a href="/wiki/Stagflation" title="Stagflation">Stagflation</a></li> <li><a href="/wiki/Supply_shock" title="Supply shock">Supply shock</a></li> <li><a href="/wiki/National_saving" title="National saving">Saving</a></li> <li><a href="/wiki/Unemployment" title="Unemployment">Unemployment</a></li></ul> </div></div></td> </tr><tr><td class="sidebar-content"> <div class="sidebar-list mw-collapsible mw-collapsed"><div class="sidebar-list-title" style="background:transparent;border-top:1px solid #aaa;text-align:center;;color: var(--color-base)">Policies</div><div class="sidebar-list-content mw-collapsible-content hlist"> <ul><li><a href="/wiki/Fiscal_policy" title="Fiscal policy">Fiscal</a></li> <li><a href="/wiki/Monetary_policy" title="Monetary policy">Monetary</a></li> <li><a href="/wiki/Commercial_policy" title="Commercial policy">Commercial</a></li> <li><a href="/wiki/Central_bank" title="Central bank">Central bank</a></li> <li><a href="/wiki/Universal_basic_income" title="Universal basic income">Universal basic income</a></li></ul> </div></div></td> </tr><tr><td class="sidebar-content"> <div class="sidebar-list mw-collapsible mw-collapsed"><div class="sidebar-list-title" style="background:transparent;border-top:1px solid #aaa;text-align:center;;color: var(--color-base)">Models</div><div class="sidebar-list-content mw-collapsible-content hlist"> <ul><li><a href="/wiki/IS%E2%80%93LM_model" title="IS–LM model">IS–LM</a></li> <li><a href="/wiki/AD%E2%80%93AS_model" title="AD–AS model">AD–AS</a></li> <li><a href="/wiki/Keynesian_cross" title="Keynesian cross">Keynesian cross</a></li> <li><a href="/wiki/Multiplier_(economics)" title="Multiplier (economics)">Multiplier</a></li> <li><a href="/wiki/Accelerator_effect" title="Accelerator effect">Accelerator</a></li> <li><a href="/wiki/Phillips_curve" title="Phillips curve">Phillips curve</a></li> <li><a href="/wiki/Arrow%E2%80%93Debreu_model" title="Arrow–Debreu model">Arrow–Debreu</a></li> <li><a href="/wiki/Harrod%E2%80%93Domar_model" title="Harrod–Domar model">Harrod–Domar</a>Нмиф</li> <li><a href="/wiki/Solow%E2%80%93Swan_model" title="Solow–Swan model">Solow–Swan</a></li> <li><a href="/wiki/Ramsey%E2%80%93Cass%E2%80%93Koopmans_model" title="Ramsey–Cass–Koopmans model">Ramsey–Cass–Koopmans</a></li> <li><a href="/wiki/Overlapping_generations_model" title="Overlapping generations model">Overlapping generations</a></li> <li><a href="/wiki/General_equilibrium_theory" title="General equilibrium theory">General equilibrium</a> <ul><li><a href="/wiki/Dynamic_stochastic_general_equilibrium" title="Dynamic stochastic general equilibrium">DSGE</a></li></ul></li> <li><a href="/wiki/Endogenous_growth_theory" title="Endogenous growth theory">Endogenous growth</a></li> <li><a href="/wiki/Matching_theory_(economics)" class="mw-redirect" title="Matching theory (economics)">Matching theory</a></li> <li><a href="/wiki/Mundell%E2%80%93Fleming_model" title="Mundell–Fleming model">Mundell–Fleming</a></li> <li><a href="/wiki/Overshooting_model" title="Overshooting model">Overshooting</a></li> <li><a href="/wiki/NAIRU" title="NAIRU">NAIRU</a></li></ul> </div></div></td> </tr><tr><td class="sidebar-content"> <div class="sidebar-list mw-collapsible mw-collapsed"><div class="sidebar-list-title" style="background:transparent;border-top:1px solid #aaa;text-align:center;;color: var(--color-base)">Related fields</div><div class="sidebar-list-content mw-collapsible-content hlist"> <ul><li><a href="/wiki/Econometrics" title="Econometrics">Econometrics</a></li> <li><a href="/wiki/Economic_statistics" title="Economic statistics">Economic statistics</a></li> <li><a href="/wiki/Monetary_economics" title="Monetary economics">Monetary economics</a></li> <li><a href="/wiki/Development_economics" title="Development economics">Development economics</a></li> <li><a href="/wiki/International_economics" title="International economics">International economics</a></li></ul> </div></div></td> </tr><tr><td class="sidebar-content"> <div class="sidebar-list mw-collapsible mw-collapsed"><div class="sidebar-list-title" style="background:transparent;border-top:1px solid #aaa;text-align:center;;color: var(--color-base)"><a href="/wiki/History_of_macroeconomic_thought" title="History of macroeconomic thought">Schools</a></div><div class="sidebar-list-content mw-collapsible-content hlist"><i>Mainstream</i> <ul><li><a href="/wiki/Keynesian_economics" title="Keynesian economics">Keynesian</a> <ul><li><a href="/wiki/Neo-Keynesian_economics" class="mw-redirect" title="Neo-Keynesian economics">Neo-</a></li> <li><a href="/wiki/New_Keynesian_economics" title="New Keynesian economics">New</a></li></ul></li> <li><a href="/wiki/Monetarism" title="Monetarism">Monetarism</a></li> <li><a href="/wiki/New_classical_macroeconomics" title="New classical macroeconomics">New classical</a> <ul><li><a href="/wiki/Real_business-cycle_theory" title="Real business-cycle theory">Real business-cycle theory</a></li></ul></li> <li><a href="/wiki/Stockholm_school_(economics)" class="mw-redirect" title="Stockholm school (economics)">Stockholm</a></li> <li><a href="/wiki/Supply-side_economics" title="Supply-side economics">Supply-side</a></li> <li><a href="/wiki/New_neoclassical_synthesis" title="New neoclassical synthesis">New neoclassical synthesis</a></li> <li><a href="/wiki/Saltwater_and_freshwater_economics" title="Saltwater and freshwater economics">Saltwater and freshwater</a></li></ul> <p><i>Heterodox</i> </p> <ul><li><a href="/wiki/Austrian_School" class="mw-redirect" title="Austrian School">Austrian</a></li> <li><a href="/wiki/Chartalism" title="Chartalism">Chartalism</a> <ul><li><a href="/wiki/Modern_monetary_theory" title="Modern monetary theory">Modern monetary theory</a></li></ul></li> <li><a href="/wiki/Ecological_economics" title="Ecological economics">Ecological</a></li> <li><a href="/wiki/Post-Keynesian_economics" title="Post-Keynesian economics">Post-Keynesian</a> <ul><li><a href="/wiki/Monetary_circuit_theory" title="Monetary circuit theory">Circuitism</a></li></ul></li> <li><a href="/wiki/Disequilibrium_macroeconomics" title="Disequilibrium macroeconomics">Disequilibrium</a></li> <li><a href="/wiki/Marxian_economics" title="Marxian economics">Marxian</a></li> <li><a href="/wiki/Market_monetarism" title="Market monetarism">Market monetarism</a></li></ul> </div></div></td> </tr><tr><td class="sidebar-content"> <div class="sidebar-list mw-collapsible mw-collapsed"><div class="sidebar-list-title" style="background:transparent;border-top:1px solid #aaa;text-align:center;;color: var(--color-base)"><a href="/wiki/Category:Macroeconomists" title="Category:Macroeconomists">People</a></div><div class="sidebar-list-content mw-collapsible-content hlist"> <ul><li><a href="/wiki/Fran%C3%A7ois_Quesnay" title="François Quesnay">François Quesnay</a></li> <li><a href="/wiki/Adam_Smith" title="Adam Smith">Adam Smith</a></li> <li><a href="/wiki/Thomas_Robert_Malthus" title="Thomas Robert Malthus">Thomas Robert Malthus</a></li> <li><a href="/wiki/Karl_Marx" title="Karl Marx">Karl Marx</a></li> <li><a href="/wiki/L%C3%A9on_Walras" title="Léon Walras">Léon Walras</a></li> <li><a href="/wiki/Knut_Wicksell" title="Knut Wicksell">Knut Wicksell</a></li> <li><a href="/wiki/Irving_Fisher" title="Irving Fisher">Irving Fisher</a></li> <li><a href="/wiki/Wesley_Clair_Mitchell" title="Wesley Clair Mitchell">Wesley Clair Mitchell</a></li> <li><a href="/wiki/John_Maynard_Keynes" title="John Maynard Keynes">John Maynard Keynes</a></li> <li><a href="/wiki/Alvin_Hansen" title="Alvin Hansen">Alvin Hansen</a></li> <li><a href="/wiki/Micha%C5%82_Kalecki" title="Michał Kalecki">Michał Kalecki</a></li> <li><a href="/wiki/Gunnar_Myrdal" title="Gunnar Myrdal">Gunnar Myrdal</a></li> <li><a href="/wiki/Simon_Kuznets" title="Simon Kuznets">Simon Kuznets</a></li> <li><a href="/wiki/Joan_Robinson" title="Joan Robinson">Joan Robinson</a></li> <li><a href="/wiki/Friedrich_Hayek" title="Friedrich Hayek">Friedrich Hayek</a></li> <li><a href="/wiki/John_Hicks" title="John Hicks">John Hicks</a></li> <li><a href="/wiki/Richard_Stone" title="Richard Stone">Richard Stone</a></li> <li><a href="/wiki/Hyman_Minsky" title="Hyman Minsky">Hyman Minsky</a></li> <li><a href="/wiki/Milton_Friedman" title="Milton Friedman">Milton Friedman</a></li> <li><a href="/wiki/Paul_Samuelson" title="Paul Samuelson">Paul Samuelson</a></li> <li><a href="/wiki/Lawrence_Klein" title="Lawrence Klein">Lawrence Klein</a></li> <li><a href="/wiki/Edmund_Phelps" title="Edmund Phelps">Edmund Phelps</a></li> <li><a href="/wiki/Robert_Lucas_Jr." title="Robert Lucas Jr.">Robert Lucas Jr.</a></li> <li><a href="/wiki/Edward_C._Prescott" title="Edward C. Prescott">Edward C. Prescott</a></li> <li><a class="mw-selflink selflink">Peter Diamond</a></li> <li><a href="/wiki/William_Nordhaus" title="William Nordhaus">William Nordhaus</a></li> <li><a href="/wiki/Joseph_Stiglitz" title="Joseph Stiglitz">Joseph Stiglitz</a></li> <li><a href="/wiki/Thomas_J._Sargent" title="Thomas J. Sargent">Thomas J. Sargent</a></li> <li><a href="/wiki/Paul_Krugman" title="Paul Krugman">Paul Krugman</a></li> <li><a href="/wiki/Greg_Mankiw" title="Greg Mankiw">N. Gregory Mankiw</a></li></ul> </div></div></td> </tr><tr><td class="sidebar-content"> <div class="sidebar-list mw-collapsible mw-collapsed"><div class="sidebar-list-title" style="background:transparent;border-top:1px solid #aaa;text-align:center;;color: var(--color-base)">See also</div><div class="sidebar-list-content mw-collapsible-content hlist"> <ul><li><a href="/wiki/Macroeconomic_model" title="Macroeconomic model">Macroeconomic model</a></li> <li><a href="/wiki/List_of_important_publications_in_economics#Macroeconomics" title="List of important publications in economics">Publications in macroeconomics</a></li> <li><a href="/wiki/Economics" title="Economics">Economics</a> <ul><li><a href="/wiki/Applied_economics" title="Applied economics">Applied</a></li></ul></li> <li><a href="/wiki/Microeconomics" title="Microeconomics">Microeconomics</a></li> <li><a href="/wiki/Political_economy" title="Political economy">Political economy</a></li> <li><a href="/wiki/Mathematical_economics" title="Mathematical economics">Mathematical economics</a></li></ul> </div></div></td> </tr><tr><td class="sidebar-below plainlist"> <ul><li><span class="nowrap"><span class="noviewer" typeof="mw:File"><span><img alt="icon" src="//upload.wikimedia.org/wikipedia/commons/thumb/5/55/Bills_and_coins.svg/16px-Bills_and_coins.svg.png" decoding="async" width="16" height="8" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/5/55/Bills_and_coins.svg/24px-Bills_and_coins.svg.png 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/5/55/Bills_and_coins.svg/32px-Bills_and_coins.svg.png 2x" data-file-width="960" data-file-height="465" /></span></span> </span><a href="/wiki/Portal:Money" title="Portal:Money">Money&#32;portal</a></li> <li><span class="nowrap"><span class="noviewer" typeof="mw:File"><a href="/wiki/File:Emblem-money.svg" class="mw-file-description"><img alt="icon" src="//upload.wikimedia.org/wikipedia/commons/thumb/f/f3/Emblem-money.svg/16px-Emblem-money.svg.png" decoding="async" width="16" height="16" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/f/f3/Emblem-money.svg/24px-Emblem-money.svg.png 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/f/f3/Emblem-money.svg/32px-Emblem-money.svg.png 2x" data-file-width="48" data-file-height="48" /></a></span> </span><a href="/wiki/Portal:Business" title="Portal:Business">Business&#32;portal</a></li></ul></td></tr><tr><td class="sidebar-navbar"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1129693374"><style data-mw-deduplicate="TemplateStyles:r1239400231">.mw-parser-output .navbar{display:inline;font-size:88%;font-weight:normal}.mw-parser-output .navbar-collapse{float:left;text-align:left}.mw-parser-output .navbar-boxtext{word-spacing:0}.mw-parser-output .navbar ul{display:inline-block;white-space:nowrap;line-height:inherit}.mw-parser-output .navbar-brackets::before{margin-right:-0.125em;content:"[ "}.mw-parser-output .navbar-brackets::after{margin-left:-0.125em;content:" ]"}.mw-parser-output .navbar li{word-spacing:-0.125em}.mw-parser-output .navbar a>span,.mw-parser-output .navbar a>abbr{text-decoration:inherit}.mw-parser-output .navbar-mini abbr{font-variant:small-caps;border-bottom:none;text-decoration:none;cursor:inherit}.mw-parser-output .navbar-ct-full{font-size:114%;margin:0 7em}.mw-parser-output .navbar-ct-mini{font-size:114%;margin:0 4em}html.skin-theme-clientpref-night .mw-parser-output .navbar li a abbr{color:var(--color-base)!important}@media(prefers-color-scheme:dark){html.skin-theme-clientpref-os .mw-parser-output .navbar li a abbr{color:var(--color-base)!important}}@media print{.mw-parser-output .navbar{display:none!important}}</style><div class="navbar plainlinks hlist navbar-mini"><ul><li class="nv-view"><a href="/wiki/Template:Macroeconomics_sidebar" title="Template:Macroeconomics sidebar"><abbr title="View this template">v</abbr></a></li><li class="nv-talk"><a href="/wiki/Template_talk:Macroeconomics_sidebar" title="Template talk:Macroeconomics sidebar"><abbr title="Discuss this template">t</abbr></a></li><li class="nv-edit"><a href="/wiki/Special:EditPage/Template:Macroeconomics_sidebar" title="Special:EditPage/Template:Macroeconomics sidebar"><abbr title="Edit this template">e</abbr></a></li></ul></div></td></tr></tbody></table> <p>Diamond (1965) extended the <a href="/wiki/Ramsey%E2%80%93Cass%E2%80%93Koopmans_model" title="Ramsey–Cass–Koopmans model">Ramsey–Cass–Koopmans model</a>, from a representative infinitely-lived <a href="/wiki/Agent_(economics)" title="Agent (economics)">agent</a> to a setup where new individuals are continually being born and old individuals are continually dying. He built on a framework developed by <a href="/wiki/Paul_Samuelson" title="Paul Samuelson">Paul Samuelson</a>, who had termed it "an exact consumption-loan model."<sup id="cite_ref-29" class="reference"><a href="#cite_note-29"><span class="cite-bracket">&#91;</span>29<span class="cite-bracket">&#93;</span></a></sup> </p><p>Since individuals born at different times attain different utility levels, it is not clear how to evaluate <a href="/wiki/Social_welfare" class="mw-redirect" title="Social welfare">social welfare</a>. One of the main results of this paper is that the decentralized equilibrium might not be dynamically <a href="/wiki/Pareto_efficient" class="mw-redirect" title="Pareto efficient">Pareto efficient</a>, even though markets are competitive and externalities are absent. In particular, depending on the preferences and technology, the economy might find itself saving too much, pushing the capital stock above what Edmund Phelps called the <a href="/wiki/Golden_Rule_savings_rate" title="Golden Rule savings rate">Golden Rule</a> level. In this situation, government debt can crowd out capital and, in doing so, increase welfare. </p> <div class="mw-heading mw-heading3"><h3 id="Diamond–Mirrlees_production_efficiency_result"><span id="Diamond.E2.80.93Mirrlees_production_efficiency_result"></span>Diamond–Mirrlees production efficiency result</h3><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Peter_Diamond&amp;action=edit&amp;section=5" title="Edit section: Diamond–Mirrlees production efficiency result"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <p>The <i>Diamond–Mirrlees production efficiency result</i><sup id="cite_ref-30" class="reference"><a href="#cite_note-30"><span class="cite-bracket">&#91;</span>30<span class="cite-bracket">&#93;</span></a></sup> follows from a set of assumptions which characterise what can be called a 'DM world'. </p><p>It is characterised by 7 assumptions: i) perfect competition ii) constant returns to scale to production iii) lump sum taxation is not possible iv) there is a revenue requirement i.e. the government has to raise revenue to fund its expenditures v) full instrument set: the government has the flexibility to levy taxes on all commodities and all factors of production in the economy vi) non-satiation in at least one good vii) individualistic social welfare function. </p><p>Under these assumptions, it can be shown that the second best allocation requires <a href="/wiki/Economic_efficiency#Allocative_and_productive_efficiency" title="Economic efficiency">production efficiency</a> to be preserved throughout the economy. This result arises from the assumptions that characterise the DM world: </p> <ul><li>The production side of the economy is independent from the consumption side of the economy (assumption i and ii): perfect competition and constant returns to scale implies no profits (if not producers would increase production infinitely and thus profits). This means that the income of consumers do not depend on the producer prices. In addition, this also means that the incidence of the tax would fall 100% on consumers. Again, this is an application of the <a href="/wiki/Theory_of_the_second_best" title="Theory of the second best">theory of the second best</a>: Pareto efficiency should be restored in independent markets.</li> <li>The economy is not able to operate in a first-best world (assumption iii and iv): the government must raise revenue but is not able to raise this through lump sum taxation, thus a Pareto optimal allocation of resources is not possible. Note, this is the only irremovable distortion in the DM world.</li> <li>The government has a full instrument set that allows any configuration of prices to be achieved, which allows the government to bring about any configuration of relative consumer prices that is consistent with the revenue requirement.</li></ul> <p>The key idea is that when the government can control all consumer prices, the producer prices are independent from the consumer prices and the consumption decision part of the optimal taxation problem becomes independent of the production decision.<sup id="cite_ref-31" class="reference"><a href="#cite_note-31"><span class="cite-bracket">&#91;</span>31<span class="cite-bracket">&#93;</span></a></sup> The implication of the result is that there should be no taxes on intermediate goods and imports. Another implication is that public and private sector production should be based on the same relative prices. In practice, one needs to consider if the assumptions of the DM world are likely to apply; nevertheless, the efficiency result is a useful benchmark against which to judge whether any policy violation of production efficiency is justified. </p> <div class="mw-heading mw-heading3"><h3 id="Labor_market_search_and_match">Labor market search and match</h3><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Peter_Diamond&amp;action=edit&amp;section=6" title="Edit section: Labor market search and match"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1236090951"><div role="note" class="hatnote navigation-not-searchable">Further information: <a href="/wiki/Diamond_coconut_model" title="Diamond coconut model">Diamond coconut model</a></div> <p>Diamond (1982) is one of the first papers which explicitly models the <a href="/wiki/Matching_theory_(macroeconomics)" class="mw-redirect" title="Matching theory (macroeconomics)">search process</a> involved in making trades and hiring workers, which results in equilibrium unemployment. </p> <div class="mw-heading mw-heading3"><h3 id="Social_Security_policy">Social Security policy</h3><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Peter_Diamond&amp;action=edit&amp;section=7" title="Edit section: Social Security policy"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <p>Diamond has focused much of his professional career on the analysis of U.S. <a href="/wiki/Social_Security_(United_States)" title="Social Security (United States)">Social Security</a> policy as well as its analogs in other countries, such as China. In numerous journal articles and books, he has presented analyses of social welfare programs in general and the American Social Security Administration in particular. He has frequently proposed policy adjustments, such as incremental but small increases in social security contributions using <a href="/wiki/Actuary" title="Actuary">actuarial</a> tables to adjust for changes in <a href="/wiki/Life_expectancy" title="Life expectancy">life expectancy</a> and an increase in the proportion of earnings that are subject to taxation. </p> <div class="mw-heading mw-heading2"><h2 id="See_also">See also</h2><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Peter_Diamond&amp;action=edit&amp;section=8" title="Edit section: See also"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <ul><li><a href="/wiki/List_of_Jewish_Nobel_laureates" title="List of Jewish Nobel laureates">List of Jewish Nobel laureates</a></li></ul> <div class="mw-heading mw-heading2"><h2 id="References">References</h2><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Peter_Diamond&amp;action=edit&amp;section=9" title="Edit section: References"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <style data-mw-deduplicate="TemplateStyles:r1239543626">.mw-parser-output .reflist{margin-bottom:0.5em;list-style-type:decimal}@media screen{.mw-parser-output .reflist{font-size:90%}}.mw-parser-output .reflist .references{font-size:100%;margin-bottom:0;list-style-type:inherit}.mw-parser-output .reflist-columns-2{column-width:30em}.mw-parser-output .reflist-columns-3{column-width:25em}.mw-parser-output .reflist-columns{margin-top:0.3em}.mw-parser-output .reflist-columns ol{margin-top:0}.mw-parser-output .reflist-columns li{page-break-inside:avoid;break-inside:avoid-column}.mw-parser-output .reflist-upper-alpha{list-style-type:upper-alpha}.mw-parser-output .reflist-upper-roman{list-style-type:upper-roman}.mw-parser-output .reflist-lower-alpha{list-style-type:lower-alpha}.mw-parser-output .reflist-lower-greek{list-style-type:lower-greek}.mw-parser-output .reflist-lower-roman{list-style-type:lower-roman}</style><div class="reflist"> <div class="mw-references-wrap mw-references-columns"><ol class="references"> <li id="cite_note-1"><span class="mw-cite-backlink"><b><a href="#cite_ref-1">^</a></b></span> <span class="reference-text"><a rel="nofollow" class="external text" href="https://www.nobelprize.org/nobel_prizes/economics/laureates/2010/diamond-autobio.pdf">Peter A. 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"Optimal Taxation and Public Production I: Production Efficiency". <i>The American Economic Review</i>. <b>61</b> (1): 8–27. <a href="/wiki/JSTOR_(identifier)" class="mw-redirect" title="JSTOR (identifier)">JSTOR</a>&#160;<a rel="nofollow" class="external text" href="https://www.jstor.org/stable/1910538">1910538</a>.</cite><span title="ctx_ver=Z39.88-2004&amp;rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Ajournal&amp;rft.genre=article&amp;rft.jtitle=The+American+Economic+Review&amp;rft.atitle=Optimal+Taxation+and+Public+Production+I%3A+Production+Efficiency&amp;rft.volume=61&amp;rft.issue=1&amp;rft.pages=8-27&amp;rft.date=1971&amp;rft_id=https%3A%2F%2Fwww.jstor.org%2Fstable%2F1910538%23id-name%3DJSTOR&amp;rft.aulast=Diamond&amp;rft.aufirst=Peter+A.&amp;rft.au=Mirrlees%2C+James+A.&amp;rfr_id=info%3Asid%2Fen.wikipedia.org%3APeter+Diamond" class="Z3988"></span></span> </li> <li id="cite_note-31"><span class="mw-cite-backlink"><b><a href="#cite_ref-31">^</a></b></span> <span class="reference-text"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1238218222"><cite id="CITEREFNaito2004" class="citation ssrn cs1">Naito, Hisahiro (January 25, 2004). "Redistribution, Production Inefficiency and Decentralized Efficiency". <a href="/wiki/SSRN_(identifier)" class="mw-redirect" title="SSRN (identifier)">SSRN</a>&#160;<a rel="nofollow" class="external text" href="https://papers.ssrn.com/sol3/papers.cfm?abstract_id=492882">492882</a>.</cite><span title="ctx_ver=Z39.88-2004&amp;rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Ajournal&amp;rft.genre=preprint&amp;rft.jtitle=Social+Science+Research+Network&amp;rft.atitle=Redistribution%2C+Production+Inefficiency+and+Decentralized+Efficiency&amp;rft.date=2004-01-25&amp;rft_id=https%3A%2F%2Fpapers.ssrn.com%2Fsol3%2Fpapers.cfm%3Fabstract_id%3D492882%23id-name%3DSSRN&amp;rft.aulast=Naito&amp;rft.aufirst=Hisahiro&amp;rfr_id=info%3Asid%2Fen.wikipedia.org%3APeter+Diamond" class="Z3988"></span></span> </li> </ol></div></div> <div class="mw-heading mw-heading2"><h2 id="External_links">External links</h2><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Peter_Diamond&amp;action=edit&amp;section=10" title="Edit section: External links"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <ul><li><span class="noviewer" typeof="mw:File"><a href="/wiki/File:Commons-logo.svg" class="mw-file-description"><img alt="" src="//upload.wikimedia.org/wikipedia/en/thumb/4/4a/Commons-logo.svg/12px-Commons-logo.svg.png" decoding="async" width="12" height="16" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/en/thumb/4/4a/Commons-logo.svg/18px-Commons-logo.svg.png 1.5x, //upload.wikimedia.org/wikipedia/en/thumb/4/4a/Commons-logo.svg/24px-Commons-logo.svg.png 2x" data-file-width="1024" data-file-height="1376" /></a></span> Media related to <a href="https://commons.wikimedia.org/wiki/Category:Peter_Diamond" class="extiw" title="commons:Category:Peter Diamond">Peter Diamond</a> at Wikimedia Commons</li> <li><a rel="nofollow" class="external text" href="http://econ-www.mit.edu/faculty/pdiamond">Peter Diamond</a> <a rel="nofollow" class="external text" href="https://web.archive.org/web/20101201175937/http://econ-www.mit.edu/faculty/pdiamond/">Archived</a> December 1, 2010, at the <a href="/wiki/Wayback_Machine" title="Wayback Machine">Wayback Machine</a> at <a href="/wiki/MIT" class="mw-redirect" title="MIT">MIT</a></li> <li><a rel="nofollow" class="external text" href="https://www.nobelprize.org/laureate/856">Peter Diamond</a> on Nobelprize.org <span class="mw-valign-text-top noprint" typeof="mw:File/Frameless"><a href="https://www.wikidata.org/wiki/Q109570#P8024" title="Edit this at Wikidata"><img alt="Edit this at Wikidata" src="//upload.wikimedia.org/wikipedia/en/thumb/8/8a/OOjs_UI_icon_edit-ltr-progressive.svg/10px-OOjs_UI_icon_edit-ltr-progressive.svg.png" decoding="async" width="10" height="10" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/en/thumb/8/8a/OOjs_UI_icon_edit-ltr-progressive.svg/15px-OOjs_UI_icon_edit-ltr-progressive.svg.png 1.5x, //upload.wikimedia.org/wikipedia/en/thumb/8/8a/OOjs_UI_icon_edit-ltr-progressive.svg/20px-OOjs_UI_icon_edit-ltr-progressive.svg.png 2x" data-file-width="20" data-file-height="20" /></a></span> including the Nobel Prize lecture 8 December 2010 <i>Unemployment, Vacancies, Wages</i></li> <li><a rel="nofollow" class="external text" href="https://www.c-span.org/person/?55839">Appearances</a> on <a href="/wiki/C-SPAN" title="C-SPAN">C-SPAN</a></li> <li><a rel="nofollow" class="external text" href="http://topics.nytimes.com/top/reference/timestopics/people/d/peter_a_diamond/index.html">Peter A. Diamond</a> collected news and commentary at <i><a href="/wiki/The_New_York_Times" title="The New York Times">The New York Times</a></i></li> <li><a rel="nofollow" class="external text" href="http://econ-www.mit.edu/files/1573">An interview with Peter Diamond</a> <a rel="nofollow" class="external text" href="https://web.archive.org/web/20101012105355/http://econ-www.mit.edu/files/1573">Archived</a> October 12, 2010, at the <a href="/wiki/Wayback_Machine" title="Wayback Machine">Wayback Machine</a>, July 12, 2006</li> <li><a rel="nofollow" class="external text" href="http://ubs.com/peter-diamond">Documentary films on Peter Diamond, with critiques of his work, as part of the Nobel Perspectives project</a></li></ul> <table class="wikitable succession-box noprint" style="margin:0.5em auto; font-size:small;clear:both;"> <tbody><tr> <th colspan="3" style="border-top: 5px solid #DAA520;">Academic offices </th></tr> <tr style="text-align:center;"> <td style="width:30%;" rowspan="1">Preceded&#160;by<div style="font-weight: bold"><a href="/wiki/Robert_Lucas_Jr." title="Robert Lucas Jr.">Robert Lucas Jr.</a></div> </td> <td style="width: 40%; text-align: center;" rowspan="1"><b> <a href="/wiki/American_Economic_Association#Association_presidents" title="American Economic Association">President</a> of the <a href="/wiki/American_Economic_Association" title="American Economic Association">American Economic Association</a> </b><br />2003–2004 </td> <td style="width: 30%; text-align: center;" rowspan="1">Succeeded&#160;by<div style="font-weight: bold"><a href="/wiki/Martin_Feldstein" title="Martin Feldstein">Martin Feldstein</a></div> </td></tr> <tr> <th colspan="3" style="border-top: 5px solid #FFF179;">Awards </th></tr> <tr style="text-align:center;"> <td style="width:30%;" rowspan="1">Preceded&#160;by<div style="font-weight: bold"><a href="/wiki/Elinor_Ostrom" title="Elinor Ostrom">Elinor Ostrom</a><br /><a href="/wiki/Oliver_E._Williamson" title="Oliver E. Williamson">Oliver E. Williamson</a></div> </td> <td style="width: 40%; text-align: center;" rowspan="1"><b> <a href="/wiki/List_of_Nobel_Memorial_Prize_laureates_in_Economics" class="mw-redirect" title="List of Nobel Memorial Prize laureates in Economics">Laureate of the Nobel Memorial Prize in Economics</a> </b><br />2010 <br />Served alongside: <b><a href="/wiki/Dale_T._Mortensen" title="Dale T. Mortensen">Dale T. Mortensen</a>, <a href="/wiki/Christopher_A._Pissarides" title="Christopher A. Pissarides">Christopher A. Pissarides</a></b> </td> <td style="width: 30%; text-align: center;" rowspan="1">Succeeded&#160;by<div style="font-weight: bold"><a href="/wiki/Thomas_J._Sargent" title="Thomas J. Sargent">Thomas J. Sargent</a><br /><a href="/wiki/Christopher_A._Sims" title="Christopher A. Sims">Christopher A. Sims</a></div> </td></tr> </tbody></table> <div class="navbox-styles"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1129693374"><style data-mw-deduplicate="TemplateStyles:r1236075235">.mw-parser-output .navbox{box-sizing:border-box;border:1px solid #a2a9b1;width:100%;clear:both;font-size:88%;text-align:center;padding:1px;margin:1em auto 0}.mw-parser-output .navbox .navbox{margin-top:0}.mw-parser-output .navbox+.navbox,.mw-parser-output .navbox+.navbox-styles+.navbox{margin-top:-1px}.mw-parser-output .navbox-inner,.mw-parser-output .navbox-subgroup{width:100%}.mw-parser-output .navbox-group,.mw-parser-output .navbox-title,.mw-parser-output .navbox-abovebelow{padding:0.25em 1em;line-height:1.5em;text-align:center}.mw-parser-output .navbox-group{white-space:nowrap;text-align:right}.mw-parser-output .navbox,.mw-parser-output .navbox-subgroup{background-color:#fdfdfd}.mw-parser-output .navbox-list{line-height:1.5em;border-color:#fdfdfd}.mw-parser-output .navbox-list-with-group{text-align:left;border-left-width:2px;border-left-style:solid}.mw-parser-output tr+tr>.navbox-abovebelow,.mw-parser-output tr+tr>.navbox-group,.mw-parser-output tr+tr>.navbox-image,.mw-parser-output tr+tr>.navbox-list{border-top:2px solid #fdfdfd}.mw-parser-output .navbox-title{background-color:#ccf}.mw-parser-output .navbox-abovebelow,.mw-parser-output .navbox-group,.mw-parser-output .navbox-subgroup .navbox-title{background-color:#ddf}.mw-parser-output .navbox-subgroup .navbox-group,.mw-parser-output .navbox-subgroup .navbox-abovebelow{background-color:#e6e6ff}.mw-parser-output .navbox-even{background-color:#f7f7f7}.mw-parser-output .navbox-odd{background-color:transparent}.mw-parser-output .navbox .hlist td dl,.mw-parser-output .navbox .hlist td ol,.mw-parser-output .navbox .hlist td ul,.mw-parser-output .navbox td.hlist dl,.mw-parser-output .navbox td.hlist ol,.mw-parser-output .navbox td.hlist ul{padding:0.125em 0}.mw-parser-output .navbox .navbar{display:block;font-size:100%}.mw-parser-output .navbox-title .navbar{float:left;text-align:left;margin-right:0.5em}body.skin--responsive .mw-parser-output .navbox-image img{max-width:none!important}@media print{body.ns-0 .mw-parser-output .navbox{display:none!important}}</style></div><div role="navigation" class="navbox" aria-labelledby="Laureates_of_the_Sveriges_Riksbank_Prize_in_Economic_Sciences" style="padding:3px"><table class="nowraplinks hlist mw-collapsible mw-collapsed navbox-inner" style="border-spacing:0;background:transparent;color:inherit"><tbody><tr><th scope="col" class="navbox-title" colspan="3"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1129693374"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1239400231"><div class="navbar plainlinks hlist navbar-mini"><ul><li class="nv-view"><a href="/wiki/Template:Nobel_Memorial_Prize_in_Economic_Sciences_laureates" title="Template:Nobel Memorial Prize in Economic Sciences laureates"><abbr title="View this template">v</abbr></a></li><li class="nv-talk"><a href="/wiki/Template_talk:Nobel_Memorial_Prize_in_Economic_Sciences_laureates" title="Template talk:Nobel Memorial Prize in Economic Sciences laureates"><abbr title="Discuss this template">t</abbr></a></li><li class="nv-edit"><a href="/wiki/Special:EditPage/Template:Nobel_Memorial_Prize_in_Economic_Sciences_laureates" title="Special:EditPage/Template:Nobel Memorial Prize in Economic Sciences laureates"><abbr title="Edit this template">e</abbr></a></li></ul></div><div id="Laureates_of_the_Sveriges_Riksbank_Prize_in_Economic_Sciences" style="font-size:114%;margin:0 4em"><a href="/wiki/List_of_Nobel_Memorial_Prize_laureates_in_Economic_Sciences" title="List of Nobel Memorial Prize laureates in Economic Sciences">Laureates</a> of the <a href="/wiki/Nobel_Memorial_Prize_in_Economic_Sciences" title="Nobel Memorial Prize in Economic Sciences">Sveriges Riksbank Prize in Economic Sciences</a></div></th></tr><tr><th scope="row" class="navbox-group" style="width:1%">1969–1975</th><td class="navbox-list-with-group navbox-list navbox-odd" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><span class="nowrap">1969: <a href="/wiki/Ragnar_Frisch" title="Ragnar Frisch">Ragnar Frisch</a> / <a href="/wiki/Jan_Tinbergen" title="Jan Tinbergen">Jan Tinbergen</a></span></li> <li><span class="nowrap">1970: <a href="/wiki/Paul_Samuelson" title="Paul Samuelson">Paul A. Samuelson</a></span></li> <li><span class="nowrap">1971: <a href="/wiki/Simon_Kuznets" title="Simon Kuznets">Simon Kuznets</a></span></li> <li><span class="nowrap">1972: <a href="/wiki/John_Hicks" title="John Hicks">John R. Hicks</a> / <a href="/wiki/Kenneth_Arrow" title="Kenneth Arrow">Kenneth J. Arrow</a></span></li> <li><span class="nowrap">1973: <a href="/wiki/Wassily_Leontief" title="Wassily Leontief">Wassily Leontief</a></span></li> <li><span class="nowrap">1974: <a href="/wiki/Gunnar_Myrdal" title="Gunnar Myrdal">Gunnar Myrdal</a> / <a href="/wiki/Friedrich_Hayek" title="Friedrich Hayek">Friedrich August von Hayek</a></span></li> <li><span class="nowrap">1975: <a href="/wiki/Leonid_Kantorovich" title="Leonid Kantorovich">Leonid Vitaliyevich Kantorovich</a> / <a href="/wiki/Tjalling_Koopmans" title="Tjalling Koopmans">Tjalling C. Koopmans</a></span></li></ul> </div></td><td class="noviewer navbox-image" rowspan="3" style="width:1px;padding:0 0 0 2px"><div><span typeof="mw:File"><span><img alt="" src="//upload.wikimedia.org/wikipedia/en/thumb/e/ed/Nobel_Prize.png/80px-Nobel_Prize.png" decoding="async" width="80" height="79" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/en/thumb/e/ed/Nobel_Prize.png/120px-Nobel_Prize.png 1.5x, //upload.wikimedia.org/wikipedia/en/thumb/e/ed/Nobel_Prize.png/160px-Nobel_Prize.png 2x" data-file-width="500" data-file-height="492" /></span></span></div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%">1976–2000</th><td class="navbox-list-with-group navbox-list navbox-even" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><span class="nowrap">1976: <a href="/wiki/Milton_Friedman" title="Milton Friedman">Milton Friedman</a></span></li> <li><span class="nowrap">1977: <a href="/wiki/Bertil_Ohlin" title="Bertil Ohlin">Bertil Ohlin</a> / <a href="/wiki/James_Meade" title="James Meade">James E. Meade</a></span></li> <li><span class="nowrap">1978: <a href="/wiki/Herbert_A._Simon" title="Herbert A. Simon">Herbert A. Simon</a></span></li> <li><span class="nowrap">1979: <a href="/wiki/Theodore_Schultz" title="Theodore Schultz">Theodore W. Schultz</a> / <a href="/wiki/W._Arthur_Lewis" title="W. Arthur Lewis">Sir Arthur Lewis</a></span></li> <li><span class="nowrap">1980: <a href="/wiki/Lawrence_Klein" title="Lawrence Klein">Lawrence R. Klein</a></span></li> <li><span class="nowrap">1981: <a href="/wiki/James_Tobin" title="James Tobin">James Tobin</a></span></li> <li><span class="nowrap">1982: <a href="/wiki/George_Stigler" title="George Stigler">George J. Stigler</a></span></li> <li><span class="nowrap">1983: <a href="/wiki/G%C3%A9rard_Debreu" title="Gérard Debreu">Gérard Debreu</a></span></li> <li><span class="nowrap">1984: <a href="/wiki/Richard_Stone" title="Richard Stone">Richard Stone</a></span></li> <li><span class="nowrap">1985: <a href="/wiki/Franco_Modigliani" title="Franco Modigliani">Franco Modigliani</a></span></li> <li><span class="nowrap">1986: <a href="/wiki/James_M._Buchanan" title="James M. Buchanan">James M. Buchanan Jr.</a></span></li> <li><span class="nowrap">1987: <a href="/wiki/Robert_Solow" title="Robert Solow">Robert M. Solow</a></span></li> <li><span class="nowrap">1988: <a href="/wiki/Maurice_Allais" title="Maurice Allais">Maurice Allais</a></span></li> <li><span class="nowrap">1989: <a href="/wiki/Trygve_Haavelmo" title="Trygve Haavelmo">Trygve Haavelmo</a></span></li> <li><span class="nowrap">1990: <a href="/wiki/Harry_Markowitz" title="Harry Markowitz">Harry M. Markowitz</a> / <a href="/wiki/Merton_Miller" title="Merton Miller">Merton H. Miller</a> / <a href="/wiki/William_F._Sharpe" title="William F. Sharpe">William F. Sharpe</a></span></li> <li><span class="nowrap">1991: <a href="/wiki/Ronald_Coase" title="Ronald Coase">Ronald H. Coase</a></span></li> <li><span class="nowrap">1992: <a href="/wiki/Gary_Becker" title="Gary Becker">Gary S. Becker</a></span></li> <li><span class="nowrap">1993: <a href="/wiki/Robert_Fogel" title="Robert Fogel">Robert W. Fogel</a> / <a href="/wiki/Douglass_North" title="Douglass North">Douglass C. North</a></span></li> <li><span class="nowrap">1994: <a href="/wiki/John_Harsanyi" title="John Harsanyi">John C. Harsanyi</a> / <a href="/wiki/John_Forbes_Nash_Jr." title="John Forbes Nash Jr.">John F. Nash Jr.</a> / <a href="/wiki/Reinhard_Selten" title="Reinhard Selten">Reinhard Selten</a></span></li> <li><span class="nowrap">1995: <a href="/wiki/Robert_Lucas_Jr." title="Robert Lucas Jr.">Robert E. Lucas Jr.</a></span></li> <li><span class="nowrap">1996: <a href="/wiki/James_Mirrlees" title="James Mirrlees">James A. Mirrlees</a> / <a href="/wiki/William_Vickrey" title="William Vickrey">William Vickrey</a></span></li> <li><span class="nowrap">1997: <a href="/wiki/Robert_C._Merton" title="Robert C. Merton">Robert C. Merton</a> / <a href="/wiki/Myron_Scholes" title="Myron Scholes">Myron S. Scholes</a></span></li> <li><span class="nowrap">1998: <a href="/wiki/Amartya_Sen" title="Amartya Sen">Amartya Sen</a></span></li> <li><span class="nowrap">1999: <a href="/wiki/Robert_Mundell" title="Robert Mundell">Robert A. Mundell</a></span></li> <li><span class="nowrap">2000: <a href="/wiki/James_Heckman" title="James Heckman">James J. Heckman</a> / <a href="/wiki/Daniel_McFadden" title="Daniel McFadden">Daniel L. McFadden</a></span></li></ul> </div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%">2001–present</th><td class="navbox-list-with-group navbox-list navbox-odd" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><span class="nowrap">2001: <a href="/wiki/George_Akerlof" title="George Akerlof">George A. Akerlof</a> / <a href="/wiki/Michael_Spence" title="Michael Spence">A. Michael Spence</a> / <a href="/wiki/Joseph_Stiglitz" title="Joseph Stiglitz">Joseph E. Stiglitz</a></span></li> <li><span class="nowrap">2002: <a href="/wiki/Daniel_Kahneman" title="Daniel Kahneman">Daniel Kahneman</a> / <a href="/wiki/Vernon_L._Smith" title="Vernon L. Smith">Vernon L. Smith</a></span></li> <li><span class="nowrap">2003: <a href="/wiki/Robert_F._Engle" title="Robert F. Engle">Robert F. Engle III</a> / <a href="/wiki/Clive_Granger" title="Clive Granger">Clive W.J. Granger</a></span></li> <li><span class="nowrap">2004: <a href="/wiki/Finn_E._Kydland" title="Finn E. Kydland">Finn E. Kydland</a> / <a href="/wiki/Edward_C._Prescott" title="Edward C. Prescott">Edward C. Prescott</a></span></li> <li><span class="nowrap">2005: <a href="/wiki/Robert_Aumann" title="Robert Aumann">Robert J. Aumann</a> / <a href="/wiki/Thomas_Schelling" title="Thomas Schelling">Thomas C. Schelling</a></span></li> <li><span class="nowrap">2006: <a href="/wiki/Edmund_Phelps" title="Edmund Phelps">Edmund S. Phelps</a></span></li> <li><span class="nowrap">2007: <a href="/wiki/Leonid_Hurwicz" title="Leonid Hurwicz">Leonid Hurwicz</a> / <a href="/wiki/Eric_Maskin" title="Eric Maskin">Eric S. Maskin</a> / <a href="/wiki/Roger_Myerson" title="Roger Myerson">Roger B. Myerson</a></span></li> <li><span class="nowrap">2008: <a href="/wiki/Paul_Krugman" title="Paul Krugman">Paul Krugman</a></span></li> <li><span class="nowrap">2009: <a href="/wiki/Elinor_Ostrom" title="Elinor Ostrom">Elinor Ostrom</a> / <a href="/wiki/Oliver_E._Williamson" title="Oliver E. Williamson">Oliver E. Williamson</a></span></li> <li><span class="nowrap">2010: <a class="mw-selflink selflink">Peter A. Diamond</a> / <a href="/wiki/Dale_T._Mortensen" title="Dale T. Mortensen">Dale T. Mortensen</a> / <a href="/wiki/Christopher_A._Pissarides" title="Christopher A. Pissarides">Christopher A. Pissarides</a></span></li> <li><span class="nowrap">2011: <a href="/wiki/Thomas_J._Sargent" title="Thomas J. Sargent">Thomas J. Sargent</a> / <a href="/wiki/Christopher_A._Sims" title="Christopher A. Sims">Christopher A. Sims</a></span></li> <li><span class="nowrap">2012: <a href="/wiki/Alvin_E._Roth" title="Alvin E. Roth">Alvin E. Roth</a> / <a href="/wiki/Lloyd_Shapley" title="Lloyd Shapley">Lloyd S. Shapley</a></span></li> <li><span class="nowrap">2013: <a href="/wiki/Eugene_Fama" title="Eugene Fama">Eugene F. Fama</a> / <a href="/wiki/Lars_Peter_Hansen" title="Lars Peter Hansen">Lars Peter Hansen</a> / <a href="/wiki/Robert_J._Shiller" title="Robert J. Shiller">Robert J. Shiller</a></span></li> <li><span class="nowrap">2014: <a href="/wiki/Jean_Tirole" title="Jean Tirole">Jean Tirole</a></span></li> <li><span class="nowrap">2015: <a href="/wiki/Angus_Deaton" title="Angus Deaton">Angus Deaton</a></span></li> <li><span class="nowrap">2016: <a href="/wiki/Oliver_Hart_(economist)" title="Oliver Hart (economist)">Oliver Hart</a> / <a href="/wiki/Bengt_Holmstr%C3%B6m" title="Bengt Holmström">Bengt Holmström</a></span></li> <li><span class="nowrap">2017: <a href="/wiki/Richard_Thaler" title="Richard Thaler">Richard H. Thaler</a></span></li> <li><span class="nowrap">2018: <a href="/wiki/William_Nordhaus" title="William Nordhaus">William Nordhaus</a> / <a href="/wiki/Paul_Romer" title="Paul Romer">Paul Romer</a></span></li> <li><span class="nowrap"><a href="/wiki/2019_Nobel_Memorial_Prize_in_Economic_Sciences" title="2019 Nobel Memorial Prize in Economic Sciences">2019</a>: <a href="/wiki/Abhijit_Banerjee" title="Abhijit Banerjee">Abhijit Banerjee</a> / <a href="/wiki/Esther_Duflo" title="Esther Duflo">Esther Duflo</a> / <a href="/wiki/Michael_Kremer" title="Michael Kremer">Michael Kremer</a></span></li> <li><span class="nowrap"><a href="/wiki/2020_Nobel_Memorial_Prize_in_Economic_Sciences" title="2020 Nobel Memorial Prize in Economic Sciences">2020</a>: <a href="/wiki/Paul_Milgrom" title="Paul Milgrom">Paul Milgrom</a> / <a href="/wiki/Robert_B._Wilson" title="Robert B. Wilson">Robert B. Wilson</a></span></li> <li><span class="nowrap"><a href="/wiki/2021_Nobel_Memorial_Prize_in_Economic_Sciences" title="2021 Nobel Memorial Prize in Economic Sciences">2021</a>: <a href="/wiki/David_Card" title="David Card">David Card</a> / <a href="/wiki/Joshua_Angrist" title="Joshua Angrist">Joshua Angrist</a> / <a href="/wiki/Guido_Imbens" title="Guido Imbens">Guido Imbens</a></span></li> <li><span class="nowrap"><a href="/wiki/2022_Nobel_Memorial_Prize_in_Economic_Sciences" title="2022 Nobel Memorial Prize in Economic Sciences">2022</a>: <a href="/wiki/Ben_Bernanke" title="Ben Bernanke">Ben Bernanke</a> / <a href="/wiki/Douglas_Diamond" title="Douglas Diamond">Douglas Diamond</a> / <a href="/wiki/Philip_H._Dybvig" title="Philip H. Dybvig">Philip H. Dybvig</a></span></li> <li><span class="nowrap"><a href="/wiki/2023_Nobel_Memorial_Prize_in_Economic_Sciences" title="2023 Nobel Memorial Prize in Economic Sciences">2023</a>: <a href="/wiki/Claudia_Goldin" title="Claudia Goldin">Claudia Goldin</a></span></li> <li><span class="nowrap">2024: <a href="/wiki/Daron_Acemoglu" title="Daron Acemoglu">Daron Acemoglu</a> / <a href="/wiki/Simon_Johnson_(economist)" title="Simon Johnson (economist)">Simon Johnson</a> / <a href="/wiki/James_A._Robinson" title="James A. Robinson">James A. Robinson</a></span></li></ul> </div></td></tr></tbody></table></div> <div class="navbox-styles"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1129693374"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1236075235"><style data-mw-deduplicate="TemplateStyles:r886047488">.mw-parser-output .nobold{font-weight:normal}</style></div><div role="navigation" class="navbox" aria-labelledby="2010_Nobel_Prize_laureates" style="padding:3px"><table class="nowraplinks hlist mw-collapsible autocollapse navbox-inner" style="border-spacing:0;background:transparent;color:inherit"><tbody><tr><th scope="col" class="navbox-title" colspan="2"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1129693374"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1239400231"><div class="navbar plainlinks hlist navbar-mini"><ul><li class="nv-view"><a href="/wiki/Template:2010_Nobel_Prize_winners" title="Template:2010 Nobel Prize winners"><abbr title="View this template">v</abbr></a></li><li class="nv-talk"><a href="/wiki/Template_talk:2010_Nobel_Prize_winners" title="Template talk:2010 Nobel Prize winners"><abbr title="Discuss this template">t</abbr></a></li><li class="nv-edit"><a href="/wiki/Special:EditPage/Template:2010_Nobel_Prize_winners" title="Special:EditPage/Template:2010 Nobel Prize winners"><abbr title="Edit this template">e</abbr></a></li></ul></div><div id="2010_Nobel_Prize_laureates" style="font-size:114%;margin:0 4em">2010 <a href="/wiki/Nobel_Prize" title="Nobel Prize">Nobel Prize</a> laureates</div></th></tr><tr><th scope="row" class="navbox-group" style="width:1%"><a href="/wiki/Nobel_Prize_in_Chemistry" title="Nobel Prize in Chemistry">Chemistry</a></th><td class="navbox-list-with-group navbox-list navbox-odd" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><a href="/wiki/Richard_F._Heck" title="Richard F. Heck">Richard F. Heck</a> (United States)</li> <li><a href="/wiki/Ei-ichi_Negishi" title="Ei-ichi Negishi">Ei-ichi Negishi</a> (Japan)</li> <li><a href="/wiki/Akira_Suzuki" title="Akira Suzuki">Akira Suzuki</a> (Japan)</li></ul> </div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%"><a href="/wiki/Nobel_Prize_in_Literature" title="Nobel Prize in Literature">Literature</a> (<a href="/wiki/2010_Nobel_Prize_in_Literature" title="2010 Nobel Prize in Literature">2010</a>)</th><td class="navbox-list-with-group navbox-list navbox-even" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><a href="/wiki/Mario_Vargas_Llosa" title="Mario Vargas Llosa">Mario Vargas Llosa</a> (Peru/Spain)</li></ul> </div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%"><a href="/wiki/Nobel_Peace_Prize" title="Nobel Peace Prize">Peace</a> (<a href="/wiki/2010_Nobel_Peace_Prize" title="2010 Nobel Peace Prize">2010</a>)</th><td class="navbox-list-with-group navbox-list navbox-odd" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><a href="/wiki/Liu_Xiaobo" title="Liu Xiaobo">Liu Xiaobo</a> (China)</li></ul> </div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%"><a href="/wiki/Nobel_Prize_in_Physics" title="Nobel Prize in Physics">Physics</a></th><td class="navbox-list-with-group navbox-list navbox-even" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><a href="/wiki/Andre_Geim" title="Andre Geim">Andre Geim</a> (Russia/Netherlands/United Kingdom)</li> <li><a href="/wiki/Konstantin_Novoselov" title="Konstantin Novoselov">Konstantin Novoselov</a> (Russia/United Kingdom)</li></ul> </div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%"><a href="/wiki/Nobel_Prize_in_Physiology_or_Medicine" title="Nobel Prize in Physiology or Medicine">Physiology or Medicine</a></th><td class="navbox-list-with-group navbox-list navbox-odd" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><a href="/wiki/Robert_Edwards_(physiologist)" title="Robert Edwards (physiologist)">Robert G. Edwards</a> (United Kingdom)</li></ul> </div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%"><a href="/wiki/Nobel_Memorial_Prize_in_Economic_Sciences" title="Nobel Memorial Prize in Economic Sciences">Economic Sciences</a></th><td class="navbox-list-with-group navbox-list navbox-even" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><a class="mw-selflink selflink">Peter Diamond</a> (United States)</li> <li><a href="/wiki/Dale_T._Mortensen" title="Dale T. Mortensen">Dale T. Mortensen</a> (United States)</li> <li><a href="/wiki/Christopher_A._Pissarides" title="Christopher A. Pissarides">Christopher A. Pissarides</a> (Cyprus/United Kingdom)</li></ul> </div></td></tr><tr><td class="navbox-abovebelow" colspan="2"><div> <dl><dt><span class="nobold"><a href="/wiki/List_of_Nobel_laureates" title="List of Nobel laureates">Nobel Prize recipients</a></span></dt> <dd><a href="/wiki/Template:2005_Nobel_Prize_winners" title="Template:2005 Nobel Prize winners">2005</a></dd> <dd><a href="/wiki/Template:2006_Nobel_Prize_winners" title="Template:2006 Nobel Prize winners">2006</a></dd> <dd><a href="/wiki/Template:2007_Nobel_Prize_winners" title="Template:2007 Nobel Prize winners">2007</a></dd> <dd><a href="/wiki/Template:2008_Nobel_Prize_winners" title="Template:2008 Nobel Prize winners">2008</a></dd> <dd><a href="/wiki/Template:2009_Nobel_Prize_winners" title="Template:2009 Nobel Prize winners">2009</a></dd> <dd><b>2010 </b></dd> <dd><a href="/wiki/Template:2011_Nobel_Prize_winners" title="Template:2011 Nobel Prize winners">2011</a></dd> <dd><a href="/wiki/Template:2012_Nobel_Prize_winners" title="Template:2012 Nobel Prize winners">2012</a></dd> <dd><a href="/wiki/Template:2013_Nobel_Prize_winners" title="Template:2013 Nobel Prize winners">2013</a></dd> <dd><a href="/wiki/Template:2014_Nobel_Prize_winners" title="Template:2014 Nobel Prize winners">2014</a></dd> <dd><a href="/wiki/Template:2015_Nobel_Prize_winners" title="Template:2015 Nobel Prize winners">2015</a></dd></dl> </div></td></tr></tbody></table></div> <div class="navbox-styles"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1129693374"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1236075235"></div><div role="navigation" class="navbox" aria-labelledby="Presidents_of_the_Econometric_Society" style="padding:3px"><table class="nowraplinks mw-collapsible mw-collapsed navbox-inner" style="border-spacing:0;background:transparent;color:inherit"><tbody><tr><th scope="col" class="navbox-title" colspan="2"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1129693374"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1239400231"><div class="navbar plainlinks hlist navbar-mini"><ul><li class="nv-view"><a href="/wiki/Template:Presidents_of_the_Econometric_Society" title="Template:Presidents of the Econometric Society"><abbr title="View this template">v</abbr></a></li><li class="nv-talk"><a href="/wiki/Template_talk:Presidents_of_the_Econometric_Society" title="Template talk:Presidents of the Econometric Society"><abbr title="Discuss this template">t</abbr></a></li><li class="nv-edit"><a href="/wiki/Special:EditPage/Template:Presidents_of_the_Econometric_Society" title="Special:EditPage/Template:Presidents of the Econometric Society"><abbr title="Edit this template">e</abbr></a></li></ul></div><div id="Presidents_of_the_Econometric_Society" style="font-size:114%;margin:0 4em"><a href="/wiki/List_of_Presidents_of_the_Econometric_Society" class="mw-redirect" title="List of Presidents of the Econometric Society">Presidents</a> of the <a href="/wiki/Econometric_Society" title="Econometric Society">Econometric Society</a></div></th></tr><tr><th scope="row" class="navbox-group" style="width:1%">1931–1950</th><td class="navbox-list-with-group navbox-list navbox-odd hlist" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><a href="/wiki/Irving_Fisher" title="Irving Fisher">Irving Fisher</a> (1931–1934)</li> <li><a href="/wiki/Fran%C3%A7ois_Divisia" title="François Divisia">François Divisia</a> (1935)</li> <li><a href="/wiki/Harold_Hotelling" title="Harold Hotelling">Harold Hotelling</a> (1936–1937)</li> <li><a href="/wiki/Arthur_Lyon_Bowley" title="Arthur Lyon Bowley">Arthur Bowley</a> (1938–1939)</li> <li><a href="/wiki/Joseph_Schumpeter" title="Joseph Schumpeter">Joseph Schumpeter</a> (1940–1941)</li> <li><a href="/wiki/Wesley_Clair_Mitchell" title="Wesley Clair Mitchell">Wesley Mitchell</a> (1942–1943)</li> <li><a href="/wiki/John_Maynard_Keynes" title="John Maynard Keynes">John Maynard Keynes</a> (1944–1945)</li> <li><a href="/wiki/Jacob_Marschak" title="Jacob Marschak">Jacob Marschak</a> (1946)</li> <li><a href="/wiki/Jan_Tinbergen" title="Jan Tinbergen">Jan Tinbergen</a> (1947)</li> <li><a href="/wiki/Charles_F._Roos" title="Charles F. Roos">Charles Roos</a> (1948)</li> <li><a href="/wiki/Ragnar_Frisch" title="Ragnar Frisch">Ragnar Frisch</a> (1949)</li> <li><a href="/wiki/Tjalling_Koopmans" title="Tjalling Koopmans">Tjalling Koopmans</a> (1950)</li></ul> </div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%">1951–1975</th><td class="navbox-list-with-group navbox-list navbox-even hlist" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><a href="/wiki/R._G._D._Allen" title="R. G. D. Allen">R. G. D. Allen</a> (1951)</li> <li><a href="/wiki/Paul_Samuelson" title="Paul Samuelson">Paul Samuelson</a> (1952)</li> <li><a href="/wiki/Ren%C3%A9_Roy_(economist)" title="René Roy (economist)">René Roy</a> (1953)</li> <li><a href="/wiki/Wassily_Leontief" title="Wassily Leontief">Wassily Leontief</a> (1954)</li> <li><a href="/wiki/Richard_Stone" title="Richard Stone">Richard Stone</a> (1955)</li> <li><a href="/wiki/Kenneth_Arrow" title="Kenneth Arrow">Kenneth Arrow</a> (1956)</li> <li><a href="/wiki/Trygve_Haavelmo" title="Trygve Haavelmo">Trygve Haavelmo</a> (1957)</li> <li><a href="/wiki/James_Tobin" title="James Tobin">James Tobin</a> (1958)</li> <li><a href="/wiki/Marcel_Boiteux" title="Marcel Boiteux">Marcel Boiteux</a> (1959)</li> <li><a href="/wiki/Lawrence_Klein" title="Lawrence Klein">Lawrence Klein</a> (1960)</li> <li><a href="/wiki/Henri_Theil" title="Henri Theil">Henri Theil</a> (1961)</li> <li><a href="/wiki/Franco_Modigliani" title="Franco Modigliani">Franco Modigliani</a> (1962)</li> <li><a href="/wiki/Edmond_Malinvaud" title="Edmond Malinvaud">Edmond Malinvaud</a> (1963)</li> <li><a href="/wiki/Robert_Solow" title="Robert Solow">Robert Solow</a> (1964)</li> <li><a href="/wiki/Michio_Morishima" title="Michio Morishima">Michio Morishima</a> (1965)</li> <li><a href="/wiki/Herman_Wold" title="Herman Wold">Herman Wold</a> (1966)</li> <li><a href="/wiki/Hendrik_S._Houthakker" title="Hendrik S. Houthakker">Hendrik Houthakker</a> (1967)</li> <li><a href="/wiki/Frank_Hahn" title="Frank Hahn">Frank Hahn</a> (1968)</li> <li><a href="/wiki/Leonid_Hurwicz" title="Leonid Hurwicz">Leonid Hurwicz</a> (1969)</li> <li><a href="/wiki/Jacques_Dr%C3%A8ze" title="Jacques Drèze">Jacques Drèze</a> (1970)</li> <li><a href="/wiki/G%C3%A9rard_Debreu" title="Gérard Debreu">Gérard Debreu</a> (1971)</li> <li><a href="/wiki/W._M._Gorman" title="W. M. Gorman">W. M. Gorman</a> (1972)</li> <li><a href="/wiki/Roy_Radner" title="Roy Radner">Roy Radner</a> (1973)</li> <li><a href="/wiki/Don_Patinkin" title="Don Patinkin">Don Patinkin</a> (1974)</li> <li><a href="/wiki/Zvi_Griliches" title="Zvi Griliches">Zvi Griliches</a> (1975)</li></ul> </div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%">1976–2000</th><td class="navbox-list-with-group navbox-list navbox-odd hlist" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><a href="/wiki/Hirofumi_Uzawa" title="Hirofumi Uzawa">Hirofumi Uzawa</a> (1976)</li> <li><a href="/wiki/Lionel_W._McKenzie" title="Lionel W. McKenzie">Lionel McKenzie</a> (1977)</li> <li><a href="/wiki/J%C3%A1nos_Kornai" title="János Kornai">János Kornai</a> (1978)</li> <li><a href="/wiki/Franklin_M._Fisher" title="Franklin M. Fisher">Franklin M. Fisher</a> (1979)</li> <li><a href="/wiki/Denis_Sargan" title="Denis Sargan">J. Denis Sargan</a> (1980)</li> <li><a href="/wiki/Marc_Nerlove" title="Marc Nerlove">Marc Nerlove</a> (1981)</li> <li><a href="/wiki/James_Mirrlees" title="James Mirrlees">James A. Mirrlees</a> (1982)</li> <li><a href="/wiki/Herbert_Scarf" title="Herbert Scarf">Herbert Scarf</a> (1983)</li> <li><a href="/wiki/Amartya_Sen" title="Amartya Sen">Amartya K. Sen</a> (1984)</li> <li><a href="/wiki/Daniel_McFadden" title="Daniel McFadden">Daniel McFadden</a> (1985)</li> <li><a href="/wiki/Michael_Bruno_(economist)" title="Michael Bruno (economist)">Michael Bruno</a> (1986)</li> <li><a href="/wiki/Dale_W._Jorgenson" title="Dale W. Jorgenson">Dale Jorgenson</a> (1987)</li> <li><a href="/wiki/Tony_Atkinson" title="Tony Atkinson">Anthony B. Atkinson</a> (1988)</li> <li><a href="/wiki/Hugo_F._Sonnenschein" title="Hugo F. Sonnenschein">Hugo Sonnenschein</a> (1989)</li> <li><a href="/w/index.php?title=Jean-Michel_Grandmont&amp;action=edit&amp;redlink=1" class="new" title="Jean-Michel Grandmont (page does not exist)">Jean-Michel Grandmont</a><span class="noprint" style="font-size:85%; font-style: normal;">&#160;&#91;<a href="https://de.wikipedia.org/wiki/Jean-Michel_Grandmont" class="extiw" title="de:Jean-Michel Grandmont">de</a>&#93;</span> (1990)</li> <li><a class="mw-selflink selflink">Peter Diamond</a> (1991)</li> <li><a href="/wiki/Jean-Jacques_Laffont" title="Jean-Jacques Laffont">Jean-Jacques Laffont</a> (1992)</li> <li><a href="/wiki/Andreu_Mas-Colell" title="Andreu Mas-Colell">Andreu Mas-Colell</a> (1993)</li> <li><a href="/wiki/Takashi_Negishi" title="Takashi Negishi">Takashi Negishi</a> (1994)</li> <li><a href="/wiki/Christopher_A._Sims" title="Christopher A. Sims">Christopher Sims</a> (1995)</li> <li><a href="/wiki/Roger_Guesnerie" title="Roger Guesnerie">Roger Guesnerie</a> (1996)</li> <li><a href="/wiki/Robert_Lucas_Jr." title="Robert Lucas Jr.">Robert E. Lucas, Jr.</a> (1997)</li> <li><a href="/wiki/Jean_Tirole" title="Jean Tirole">Jean Tirole</a> (1998)</li> <li><a href="/wiki/Robert_B._Wilson" title="Robert B. Wilson">Robert B. Wilson</a> (1999)</li> <li><a href="/wiki/Elhanan_Helpman" title="Elhanan Helpman">Elhanan Helpman</a> (2000)</li></ul> </div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%">2001–present</th><td class="navbox-list-with-group navbox-list navbox-even hlist" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><a href="/wiki/Avinash_Dixit" title="Avinash Dixit">Avinash Dixit</a> (2001)</li> <li><a href="/w/index.php?title=Guy_Laroque&amp;action=edit&amp;redlink=1" class="new" title="Guy Laroque (page does not exist)">Guy Laroque</a><span class="noprint" style="font-size:85%; font-style: normal;">&#160;&#91;<a href="https://fr.wikipedia.org/wiki/Guy_Laroque" class="extiw" title="fr:Guy Laroque">fr</a>&#93;</span> (2002)</li> <li><a href="/wiki/Eric_Maskin" title="Eric Maskin">Eric Maskin</a> (2003)</li> <li><a href="/wiki/Ariel_Rubinstein" title="Ariel Rubinstein">Ariel Rubinstein</a> (2004)</li> <li><a href="/wiki/Thomas_J._Sargent" title="Thomas J. Sargent">Thomas J. Sargent</a> (2005)</li> <li><a href="/wiki/Richard_Blundell" title="Richard Blundell">Richard Blundell</a> (2006)</li> <li><a href="/wiki/Lars_Peter_Hansen" title="Lars Peter Hansen">Lars Peter Hansen</a> (2007)</li> <li><a href="/wiki/Torsten_Persson" title="Torsten Persson">Torsten Persson</a> (2008)</li> <li><a href="/wiki/Roger_Myerson" title="Roger Myerson">Roger B. Myerson</a> (2009)</li> <li><a href="/wiki/John_Hardman_Moore" class="mw-redirect" title="John Hardman Moore">John H. Moore</a> (2010)</li> <li><a href="/wiki/Bengt_Holmstr%C3%B6m" title="Bengt Holmström">Bengt Holmström</a> (2011)</li> <li><a href="/w/index.php?title=Jean-Charles_Rochet&amp;action=edit&amp;redlink=1" class="new" title="Jean-Charles Rochet (page does not exist)">Jean-Charles Rochet</a><span class="noprint" style="font-size:85%; font-style: normal;">&#160;&#91;<a href="https://ru.wikipedia.org/wiki/%D0%A0%D0%BE%D1%88%D0%B5,_%D0%96%D0%B0%D0%BD-%D0%A8%D0%B0%D1%80%D0%BB%D1%8C" class="extiw" title="ru:Роше, Жан-Шарль">ru</a>&#93;</span> (2012)</li> <li><a href="/wiki/James_Heckman" title="James Heckman">James J. Heckman</a> (2013)</li> <li><a href="/wiki/Manuel_Arellano" title="Manuel Arellano">Manuel Arellano</a> (2014)</li> <li><a href="/wiki/Robert_Porter_(economist)" title="Robert Porter (economist)">Robert Porter</a> (2015)</li> <li><a href="/wiki/Eddie_Dekel" title="Eddie Dekel">Eddie Dekel</a> (2016)</li> <li><a href="/wiki/Drew_Fudenberg" title="Drew Fudenberg">Drew Fudenberg</a> (2017)</li> <li><a href="/wiki/Tim_Besley" title="Tim Besley">Tim Besley</a> (2018)</li> <li><a href="/wiki/Stephen_Morris_(economist)" title="Stephen Morris (economist)">Stephen Morris</a> (2019)</li> <li><a href="/wiki/Orazio_Attanasio" title="Orazio Attanasio">Orazio Attanasio</a> (2020)</li> <li><a href="/wiki/Pinelopi_Koujianou_Goldberg" title="Pinelopi Koujianou Goldberg">Pinelopi Koujianou Goldberg</a> (2021)</li> <li><a href="/wiki/Guido_Tabellini" title="Guido Tabellini">Guido Tabellini</a> (2022)</li> <li><a href="/wiki/Rosa_Matzkin" title="Rosa Matzkin">Rosa Matzkin</a> (2023)</li> <li><a href="/wiki/Eliana_La_Ferrara" title="Eliana La Ferrara">Eliana La Ferrara</a> (2024)</li></ul> </div></td></tr></tbody></table></div> <div class="navbox-styles"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1129693374"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1236075235"></div><div role="navigation" class="navbox" aria-labelledby="Presidents_of_the_American_Economic_Association" style="padding:3px"><table class="nowraplinks mw-collapsible mw-collapsed navbox-inner" style="border-spacing:0;background:transparent;color:inherit"><tbody><tr><th scope="col" class="navbox-title" colspan="2"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1129693374"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1239400231"><div class="navbar plainlinks hlist navbar-mini"><ul><li class="nv-view"><a href="/wiki/Template:Presidents_of_the_American_Economic_Association" title="Template:Presidents of the American Economic Association"><abbr title="View this template">v</abbr></a></li><li class="nv-talk"><a href="/wiki/Template_talk:Presidents_of_the_American_Economic_Association" title="Template talk:Presidents of the American Economic Association"><abbr title="Discuss this template">t</abbr></a></li><li class="nv-edit"><a href="/wiki/Special:EditPage/Template:Presidents_of_the_American_Economic_Association" title="Special:EditPage/Template:Presidents of the American Economic Association"><abbr title="Edit this template">e</abbr></a></li></ul></div><div id="Presidents_of_the_American_Economic_Association" style="font-size:114%;margin:0 4em"><a href="/wiki/American_Economic_Association" title="American Economic Association">Presidents of the American Economic Association</a></div></th></tr><tr><th scope="row" class="navbox-group" style="width:1%">1886–1900</th><td class="navbox-list-with-group navbox-list navbox-odd hlist" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><a href="/wiki/Francis_Amasa_Walker" title="Francis Amasa Walker">Francis A. Walker</a> (1886)</li> <li><a href="/wiki/Charles_Franklin_Dunbar" title="Charles Franklin Dunbar">Charles F. Dunbar</a> (1893)</li> <li><a href="/wiki/John_Bates_Clark" title="John Bates Clark">John B. Clark</a> (1894)</li> <li><a href="/wiki/Henry_Carter_Adams" title="Henry Carter Adams">Henry C. Adams</a> (1896)</li> <li><a href="/wiki/Arthur_Twining_Hadley" title="Arthur Twining Hadley">Arthur T. Hadley</a> (1898)</li> <li><a href="/wiki/Richard_T._Ely" title="Richard T. Ely">Richard T. Ely</a> (1900)</li></ul> </div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%">1901–1925</th><td class="navbox-list-with-group navbox-list navbox-even hlist" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><a href="/wiki/Edwin_R._A._Seligman" title="Edwin R. A. Seligman">Edwin R. A. Seligman</a> (1902)</li> <li><a href="/wiki/F._W._Taussig" title="F. W. Taussig">F. W. Taussig</a> (1904)</li> <li><a href="/wiki/Jeremiah_Jenks" title="Jeremiah Jenks">Jeremiah W. Jenks</a> (1906)</li> <li><a href="/wiki/Simon_Patten" title="Simon Patten">Simon N. Patten</a> (1908)</li> <li><a href="/wiki/Davis_Rich_Dewey" title="Davis Rich Dewey">Davis R. Dewey</a> (1909)</li> <li><a href="/wiki/Edmund_J._James" title="Edmund J. James">Edmund J. James</a> (1910)</li> <li><a href="/wiki/Henry_Walcott_Farnam" title="Henry Walcott Farnam">Henry W. Farnam</a> (1911)</li> <li><a href="/wiki/Frank_Fetter" title="Frank Fetter">Frank A. Fetter</a> (1912)</li> <li><a href="/wiki/David_Kinley" title="David Kinley">David Kinley</a> (1913)</li> <li><a href="/wiki/John_H._Gray_(economist)" title="John H. Gray (economist)">John H. Gray</a> (1914)</li> <li><a href="/wiki/Walter_Francis_Willcox" title="Walter Francis Willcox">Walter F. Willcox</a> (1915)</li> <li><a href="/wiki/Thomas_Nixon_Carver" title="Thomas Nixon Carver">Thomas N. Carver</a> (1916)</li> <li><a href="/wiki/John_R._Commons" title="John R. Commons">John R. Commons</a> (1917)</li> <li><a href="/wiki/Irving_Fisher" title="Irving Fisher">Irving Fisher</a> (1918)</li> <li><a href="/wiki/Henry_B._Gardner" title="Henry B. Gardner">Henry B. Gardner</a> (1919)</li> <li><a href="/wiki/Herbert_J._Davenport" title="Herbert J. Davenport">Herbert J. Davenport</a> (1920)</li> <li><a href="/wiki/Jacob_Hollander" title="Jacob Hollander">Jacob H. Hollander</a> (1921)</li> <li><a href="/wiki/Henry_Rogers_Seager" title="Henry Rogers Seager">Henry R. Seager</a> (1922)</li> <li><a href="/wiki/Carl_C._Plehn" title="Carl C. Plehn">Carl C. Plehn</a> (1923)</li> <li><a href="/wiki/Wesley_Clair_Mitchell" title="Wesley Clair Mitchell">Wesley C. Mitchell</a> (1924)</li> <li><a href="/wiki/Allyn_Abbott_Young" title="Allyn Abbott Young">Allyn A. Young</a> (1925)</li></ul> </div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%">1926–1950</th><td class="navbox-list-with-group navbox-list navbox-odd hlist" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><a href="/wiki/Edwin_W._Kemmerer" title="Edwin W. Kemmerer">Edwin W. Kemmerer</a> (1926)</li> <li><a href="/wiki/Thomas_Sewall_Adams" title="Thomas Sewall Adams">Thomas S. Adams</a> (1927)</li> <li><a href="/wiki/Fred_M._Taylor" title="Fred M. Taylor">Fred M. Taylor</a> (1928)</li> <li><a href="/wiki/Edwin_Francis_Gay" title="Edwin Francis Gay">Edwin F. Gay</a> (1929)</li> <li><a href="/wiki/Matthew_B._Hammond" title="Matthew B. Hammond">Matthew B. Hammond</a> (1930)</li> <li><a href="/wiki/Ernest_L._Bogart" title="Ernest L. Bogart">Ernest L. Bogart</a> (1931)</li> <li><a href="/wiki/George_E._Barnett" title="George E. Barnett">George E. Barnett</a> (1932)</li> <li><a href="/wiki/William_Z._Ripley" title="William Z. Ripley">William Z. Ripley</a> (1933)</li> <li><a href="/wiki/Harry_A._Millis" title="Harry A. Millis">Harry A. Millis</a> (1934)</li> <li><a href="/wiki/John_Maurice_Clark" title="John Maurice Clark">John M. Clark</a> (1935)</li> <li><a href="/wiki/Alvin_Saunders_Johnson" title="Alvin Saunders Johnson">Alvin S. Johnson</a> (1936)</li> <li><a href="/wiki/Oliver_M._W._Sprague" title="Oliver M. W. Sprague">Oliver M.&#160;W. Sprague</a> (1937)</li> <li><a href="/wiki/Alvin_Hansen" title="Alvin Hansen">Alvin Hansen</a> (1938)</li> <li><a href="/wiki/Jacob_Viner" title="Jacob Viner">Jacob Viner</a> (1939)</li> <li><a href="/wiki/Frederick_C._Mills" title="Frederick C. Mills">Frederick C. Mills</a> (1940)</li> <li><a href="/wiki/Sumner_Slichter" title="Sumner Slichter">Sumner Slichter</a> (1941)</li> <li><a href="/wiki/Edwin_Griswold_Nourse" title="Edwin Griswold Nourse">Edwin G. Nourse</a> (1942)</li> <li><a href="/wiki/Albert_B._Wolfe" title="Albert B. Wolfe">Albert B. Wolfe</a> (1943)</li> <li><a href="/wiki/Joseph_S._Davis" title="Joseph S. Davis">Joseph S. Davis</a> (1944)</li> <li><a href="/wiki/Isaiah_Leo_Sharfman" title="Isaiah Leo Sharfman">I. Leo Sharfman</a> (1945)</li> <li><a href="/wiki/Emanuel_Goldenweiser" title="Emanuel Goldenweiser">Emanuel A. Goldenweiser</a> (1946)</li> <li><a href="/wiki/Paul_Douglas_(Illinois_politician)" title="Paul Douglas (Illinois politician)">Paul Douglas</a> (1947)</li> <li><a href="/wiki/Joseph_Schumpeter" title="Joseph Schumpeter">Joseph Schumpeter</a> (1948)</li> <li><a href="/wiki/Howard_S._Ellis" title="Howard S. Ellis">Howard S. Ellis</a> (1949)</li> <li><a href="/wiki/Frank_Knight" title="Frank Knight">Frank Knight</a> (1950)</li></ul> </div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%">1951–1975</th><td class="navbox-list-with-group navbox-list navbox-even hlist" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><a href="/wiki/John_Henry_Williams_(economist)" title="John Henry Williams (economist)">John H. Williams</a> (1951)</li> <li><a href="/wiki/Harold_Innis" title="Harold Innis">Harold A. Innis</a> (1952)</li> <li><a href="/wiki/Calvin_B._Hoover" title="Calvin B. Hoover">Calvin B. Hoover</a> (1953)</li> <li><a href="/wiki/Simon_Kuznets" title="Simon Kuznets">Simon Kuznets</a> (1954)</li> <li><a href="/wiki/John_D._Black" title="John D. Black">John D. Black</a> (1955)</li> <li><a href="/wiki/Edwin_E._Witte" title="Edwin E. Witte">Edwin E. Witte</a> (1956)</li> <li><a href="/wiki/Morris_A._Copeland" class="mw-redirect" title="Morris A. Copeland">Morris A. Copeland</a> (1957)</li> <li><a href="/wiki/George_W._Stocking_Sr." title="George W. Stocking Sr.">George W. Stocking</a> (1958)</li> <li><a href="/wiki/Arthur_F._Burns" title="Arthur F. Burns">Arthur F. Burns</a> (1959)</li> <li><a href="/wiki/Theodore_Schultz" title="Theodore Schultz">Theodore W. Schultz</a> (1960)</li> <li><a href="/wiki/Paul_Samuelson" title="Paul Samuelson">Paul A. Samuelson</a> (1961)</li> <li><a href="/wiki/Edward_Sagendorph_Mason" class="mw-redirect" title="Edward Sagendorph Mason">Edward S. Mason</a> (1962)</li> <li><a href="/wiki/Gottfried_Haberler" title="Gottfried Haberler">Gottfried Haberler</a> (1963)</li> <li><a href="/wiki/George_Stigler" title="George Stigler">George J. Stigler</a> (1964)</li> <li><a href="/wiki/Joseph_J._Spengler" title="Joseph J. Spengler">Joseph J. Spengler</a> (1965)</li> <li><a href="/wiki/Fritz_Machlup" title="Fritz Machlup">Fritz Machlup</a> (1966)</li> <li><a href="/wiki/Milton_Friedman" title="Milton Friedman">Milton Friedman</a> (1967)</li> <li><a href="/wiki/Kenneth_E._Boulding" title="Kenneth E. Boulding">Kenneth E. Boulding</a> (1968)</li> <li><a href="/wiki/William_Fellner" title="William Fellner">William J. Fellner</a> (1969)</li> <li><a href="/wiki/Wassily_Leontief" title="Wassily Leontief">Wassily Leontief</a> (1970)</li> <li><a href="/wiki/James_Tobin" title="James Tobin">James Tobin</a> (1971)</li> <li><a href="/wiki/John_Kenneth_Galbraith" title="John Kenneth Galbraith">John Kenneth Galbraith</a> (1972)</li> <li><a href="/wiki/Kenneth_Arrow" title="Kenneth Arrow">Kenneth J. Arrow</a> (1973)</li> <li><a href="/wiki/Walter_Heller" title="Walter Heller">Walter W. Heller</a> (1974)</li> <li><a href="/wiki/Robert_Aaron_Gordon" title="Robert Aaron Gordon">R. Aaron Gordon</a> (1975)</li></ul> </div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%">1976–2000</th><td class="navbox-list-with-group navbox-list navbox-odd hlist" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><a href="/wiki/Franco_Modigliani" title="Franco Modigliani">Franco Modigliani</a> (1976)</li> <li><a href="/wiki/Lawrence_Klein" title="Lawrence Klein">Lawrence R. Klein</a> (1977)</li> <li><a href="/wiki/Jacob_Marschak" title="Jacob Marschak">Jacob Marschak</a> (1978)</li> <li><a href="/wiki/Tjalling_Koopmans" title="Tjalling Koopmans">Tjalling C. Koopmans</a> (1978)</li> <li><a href="/wiki/Robert_Solow" title="Robert Solow">Robert M. Solow</a> (1979)</li> <li><a href="/wiki/Moses_Abramovitz" title="Moses Abramovitz">Moses Abramovitz</a> (1980)</li> <li><a href="/wiki/William_Baumol" title="William Baumol">William J. Baumol</a> (1981)</li> <li><a href="/wiki/Gardner_Ackley" title="Gardner Ackley">Gardner Ackley</a> (1982)</li> <li><a href="/wiki/W._Arthur_Lewis" title="W. Arthur Lewis">W. Arthur Lewis</a> (1983)</li> <li><a href="/wiki/Charles_Schultze" title="Charles Schultze">Charles L. Schultze</a> (1984)</li> <li><a href="/wiki/Charles_P._Kindleberger" title="Charles P. Kindleberger">Charles P. Kindleberger</a> (1985)</li> <li><a href="/wiki/Alice_Rivlin" title="Alice Rivlin">Alice M. Rivlin</a> (1986)</li> <li><a href="/wiki/Gary_Becker" title="Gary Becker">Gary S. Becker</a> (1987)</li> <li><a href="/wiki/Robert_Eisner" title="Robert Eisner">Robert Eisner</a> (1988)</li> <li><a href="/wiki/Joseph_A._Pechman" title="Joseph A. Pechman">Joseph A. Pechman</a> (1989)</li> <li><a href="/wiki/G%C3%A9rard_Debreu" title="Gérard Debreu">Gérard Debreu</a> (1990)</li> <li><a href="/wiki/Thomas_Schelling" title="Thomas Schelling">Thomas C. Schelling</a> (1991)</li> <li><a href="/wiki/William_Vickrey" title="William Vickrey">William Vickrey</a> (1992)</li> <li><a href="/wiki/Zvi_Griliches" title="Zvi Griliches">Zvi Griliches</a> (1993)</li> <li><a href="/wiki/Amartya_Sen" title="Amartya Sen">Amartya Sen</a> (1994)</li> <li><a href="/wiki/Victor_Fuchs" title="Victor Fuchs">Victor R. Fuchs</a> (1995)</li> <li><a href="/wiki/Anne_Osborn_Krueger" title="Anne Osborn Krueger">Anne O. Krueger</a> (1996)</li> <li><a href="/wiki/Arnold_Harberger" title="Arnold Harberger">Arnold C. Harberger</a> (1997)</li> <li><a href="/wiki/Robert_Fogel" title="Robert Fogel">Robert W. Fogel</a> (1998)</li> <li><a href="/wiki/D._Gale_Johnson" title="D. Gale Johnson">D. Gale Johnson</a> (1999)</li> <li><a href="/wiki/Dale_W._Jorgenson" title="Dale W. Jorgenson">Dale W. Jorgenson</a> (2000)</li></ul> </div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%">2001–present</th><td class="navbox-list-with-group navbox-list navbox-even hlist" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><a href="/wiki/Sherwin_Rosen" title="Sherwin Rosen">Sherwin Rosen</a> (2001)</li> <li><a href="/wiki/Robert_Lucas_Jr." title="Robert Lucas Jr.">Robert Lucas Jr.</a> (2002)</li> <li><a class="mw-selflink selflink">Peter Diamond</a> (2003)</li> <li><a href="/wiki/Martin_Feldstein" title="Martin Feldstein">Martin Feldstein</a> (2004)</li> <li><a href="/wiki/Daniel_McFadden" title="Daniel McFadden">Daniel McFadden</a> (2005)</li> <li><a href="/wiki/George_Akerlof" title="George Akerlof">George Akerlof</a> (2006)</li> <li><a href="/wiki/Thomas_J._Sargent" title="Thomas J. Sargent">Thomas J. Sargent</a> (2007)</li> <li><a href="/wiki/Avinash_Dixit" title="Avinash Dixit">Avinash Dixit</a> (2008)</li> <li><a href="/wiki/Angus_Deaton" title="Angus Deaton">Angus Deaton</a> (2009)</li> <li><a href="/wiki/Robert_Hall_(economist)" title="Robert Hall (economist)">Robert Hall</a> (2010)</li> <li><a href="/wiki/Orley_Ashenfelter" title="Orley Ashenfelter">Orley Ashenfelter</a> (2011)</li> <li><a href="/wiki/Christopher_A._Sims" title="Christopher A. Sims">Christopher A. Sims</a> (2012)</li> <li><a href="/wiki/Claudia_Goldin" title="Claudia Goldin">Claudia Goldin</a> (2013)</li> <li><a href="/wiki/William_Nordhaus" title="William Nordhaus">William Nordhaus</a> (2014)</li> <li><a href="/wiki/Richard_Thaler" title="Richard Thaler">Richard Thaler</a> (2015)</li> <li><a href="/wiki/Robert_J._Shiller" title="Robert J. Shiller">Robert J. Shiller</a> (2016)</li> <li><a href="/wiki/Alvin_E._Roth" title="Alvin E. Roth">Alvin E. Roth</a> (2017)</li> <li><a href="/wiki/Olivier_Blanchard" title="Olivier Blanchard">Olivier Blanchard</a> (2018)</li> <li><a href="/wiki/Ben_Bernanke" title="Ben Bernanke">Ben Bernanke</a> (2019)</li> <li><a href="/wiki/Janet_Yellen" title="Janet Yellen">Janet Yellen</a> (2020)</li> <li><a href="/wiki/David_Card" title="David Card">David Card</a> (2021)</li> <li><a href="/wiki/Christina_Romer" title="Christina Romer">Christina Romer</a> (2022)</li> <li><a href="/wiki/Susan_Athey" title="Susan Athey">Susan Athey</a> (2023)</li> <li><a href="/wiki/Janet_Currie" title="Janet Currie">Janet Currie</a> (2024)</li></ul> </div></td></tr></tbody></table></div> <div class="navbox-styles"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1129693374"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1236075235"></div><div role="navigation" class="navbox authority-control" 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