Christopher A. Pissarides

Sir Christopher Antoniou Pissarides is a Cypriot-British economist. He is known for his contributions to the study of the labor market, macroeconomics and economic policies. Pissarides received his BA in Economics from the University of Essex and his PhD in Economics from the London School of Economics (LSE).

Pissarides is particularly famous for his work on search and matching theory in labor markets. Together with Dale Mortensen and Peter Diamond, he developed the Diamond-Mortensen-Pissarides model (DMP), which describes how workers search for jobs and how firms search for employees. This model has been instrumental in understanding labor market frictions and has influenced employment and unemployment policies worldwide.

In 2010, Pissarides received the Nobel Prize in Economics along with Mortensen and Diamond for their analysis of markets with search frictions. This recognition underscored the importance of their contributions to economic theory and their practical application in policy making.

In addition to his academic work, Pissarides has held important roles in various institutions, including as a lecturer at the LSE and the University of Cyprus. He has also been an advisor to various governments and international organizations on economic and labor policy issues.

Pissarides has published numerous influential articles and books, and his work continues to be an essential reference in the field of labor economics. His focus on how to improve labor market efficiency and reduce unemployment remains relevant in contemporary economic analysis.