Paul Romer

Paul Romer
Paul Romer in 2005.jpg
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
Paul Michael Romer

(1955-11-06) November 6, 1955 (age 63)[1]
Denver, Colorado, U.S.
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
InstitutionsNew York University
Stanford University
UC Berkeley
University of Chicago
University of Rochester
Dynamic competitive equilibria with externalities, increasing returns and unbounded growth (1983)
Doctoral advisorJosé Scheinkman
Robert Lucas Jr.
Other academic advisorsRussell Davidson
Ivar Ekeland
Doctoral studentsSérgio Rebelo
Maurice Kugler
InfluencesJoseph Schumpeter
Robert Solow

Paul Michael Romer (born November 6, 1955) is an American economist, a pioneer of endogenous growth theory, and a co-recipient of the 2018 Nobel Memorial Prize in Economic Sciences. He received the prize "for integrating technological innovations into long-run macroeconomic analysis".[2]

Romer was Chief Economist and Senior Vice President of the World Bank until he resigned in January 2018 following a controversy arising from his claim of possible political manipulation of Chile's "ease of doing business" ranking.[3][4] He had been on leave from his position as professor of economics at the Stern School of Business at New York University.[5]

Prior to New York University, Romer was a professor of economics at the University of Chicago, the University of California, Berkeley, the Stanford University's Graduate School of Business, and the University of Rochester.[6][7] In addition, he was a senior fellow at Stanford's Center for International Development, the Stanford Institute for Economic Policy Research, the Hoover Institution, as well as a fellow at the Center for Global Development.[6][8]

Early life and education

Romer was born to former Colorado governor Roy Romer and Beatrice "Bea" Miller. He has four brothers and two sisters. One of his brothers, Chris Romer, is a former Colorado state senator.[9]

He graduated from Phillips Exeter Academy, and earned a B.S. in mathematics in 1977 and a MA in economics in 1978 as well as a Ph.D. in economics in 1983,[1] all from the University of Chicago, after graduate studies at Massachusetts Institute of Technology and Queen's University.[10]

Other Languages
العربية: بول رومر
تۆرکجه: پول رامر
भोजपुरी: पॉल रोमर
български: Пол Ромър
dansk: Paul Romer
Deutsch: Paul Romer
español: Paul Romer
euskara: Paul Romer
فارسی: پال رومر
français: Paul Romer
한국어: 폴 로머
հայերեն: Փոլ Ռոմեր
Bahasa Indonesia: Paul M. Romer
italiano: Paul Romer
עברית: פול רומר
Latina: Paulus Romer
magyar: Paul Romer
Nederlands: Paul Romer
norsk: Paul Romer
Plattdüütsch: Paul Michael Romer
polski: Paul Romer
português: Paul Romer
română: Paul Romer
русский: Ромер, Пол
Simple English: Paul Romer
suomi: Paul Romer
svenska: Paul Romer
татарча/tatarça: Пол Ромер
українська: Пол Ромер
Tiếng Việt: Paul Romer