Christopher Pissarides

Christopher Pissarides is a prominent economist known for his work on labor markets. He studies how workers find jobs and how employers decide whom to hire, focusing on factors like job search, wages, and unemployment. His research helps explain why unemployment persists and how policies can improve job matching. Pissarides’s contributions earned him the 2010 Nobel Prize in Economic Sciences, shared with Peter Diamond and Dale Mortensen, for developing models that analyze the dynamics of unemployment and labor market flows. His work provides valuable insights into the functioning of economies and employment policies.