UK Government

Department for Business, Innovation and Skills (National): David Willetts congratulates winner of Nobel Prize for Economics

Press Release   •   Oct 12, 2010 12:41 BST

Commenting on the news that Christopher Pissarides, a professor at the London School of Economics has won the Nobel Prize for Economics 2010, the Minister for Universities and Science David Willetts said:

“I’m delighted to congratulate Prof. Pissarides on receiving this highest of awards. This is a remarkable achievement which recognises his extremely important contribution to advancing our knowledge of how unemployment, job vacancies and wages are affected by regulation and policy.

“The UK’s Economic and Social Research Council has also played a significant part in supporting Prof. Pissarides’ research which is of keen interest to all governments addressing the challenge of stimulating sustainable economic growth.”

Notes to editors:

1. Christopher Pissarides, a professor at the London School of Economics, has won the Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 2010 alongside Americans Peter Diamond and Dale Mortensen.

2. Professor Pissarides is a fellow of the Economic and Social Research Council (ESRC) Centre for Economic Performance, (CEP), at the LSE where he works on the macro programme. Some of his work with Dale T. Mortensen, who shared the Prize, was published as a CEP Discussion Paper in April 1999. He has held a specific research award from ESRC on Agglomeration, Integration & the Macroeconomy.

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