Paul Romer

American economist (born 1955)

Paul Michael Romer (born November 7, 1955) is an American economist. He is known for creating the endogenous growth theory. He won the Nobel Prize in Economics in 2018 alongside William Nordhaus. He was Chief Economist and Senior Vice President of the World Bank until he resigned in January 2018.[1] He had been on leave from his position as professor of economics at the Stern School of Business at New York University.[2] His father is former Governor of Colorado Roy Romer.

Paul Romer
Chief Economist of the World Bank
In office
October 2016 – 24 January 2018
PresidentJim Yong Kim
Preceded byKaushik Basu
Succeeded byShanta Devarajan (Acting)
Personal details
Born
Paul Michael Romer

(1955-11-07) 7 November 1955 (age 68)
Denver, Colorado, United States
EducationPhillips Exeter Academy University of Chicago (BSc, MA, PhD)
Massachusetts Institute of Technology
Queen's University
AwardsNobel Memorial Prize in Economic Sciences (2018)
Scientific career
FieldsEconomics
InstitutionsNew York University
Stanford University
UC Berkeley
University of Chicago
University of Rochester
Doctoral advisorJosé Scheinkman
Robert Lucas Jr.
Other academic advisorsRussell Davidson
Ivar Ekeland
Doctoral studentsSérgio Rebelo
InfluencesJoseph Schumpeter
Robert Solow

References change

  1. Donnan S. Outspoken World Bank chief economist Paul Romer exits // FT. January 24, 2018.
  2. "N.Y.U. Lands Top Economist for Cities Project". New York Times. 2011-05-27. Retrieved 2011-05-27.