Honorary Academician

Social Sciences: Doctor of Economic Sciences

Date of admission: July 17, 2017

Admission speech: «Robots, Artificial Intelligence and the Future of Work»

Reply speech: Hon. Dr. José Ramón Calvo Fernández, Doctor of Medicine and Surgery

Nobel Prize in Economics 2010: He received the Nobel Prize for his contributions to the analysis of labor markets and his theory of search frictions. His work focuses on macroeconomics, economic growth, and public policy. He developed key models such as the Mortensen-Pissarides model, which has had a major influence on unemployment theory.

CHRISTOPHER ANTONIOU PISSARIDES

  • Born in 1943 in Cyprus.
  • Nobel Prize in Economics (2010), shared with Peter A. Diamond and Dale T. Mortensen, for the analysis of markets with search frictions.

TEACHING AND PROFESSIONAL ACTIVITY

  • Specialist in macroeconomics, with emphasis on labour market frictions and unemployment dynamics.
  • Professor at the London School of Economics.
  • Pioneer in the development of search and matching theory in labour economics.
  • His research has examined the relationship between employment and macroeconomics, explaining how job vacancies are created and filled.
  • Introduced the key concept of the matching function, describing the flows between unemployment and employment at any given time, supported by strong empirical evidence.

PUBLICATIONS

  • Job Creation and Job Destruction in the Theory of Unemployment (1994), co-authored with Dale T. Mortensen in the Review of Economic Studies, a landmark article that consolidated years of research.
  • This work established the Mortensen-Pissarides model, a cornerstone of modern macroeconomics.
  • The model includes a matching function based on Nash bargaining, describing how workers find jobs from the available vacancies.