Paul Romer | |
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Paul Romer
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Born |
Denver, Colorado, United States |
November 7, 1955
Nationality | American |
Fields | Economics |
Institutions |
New York University Stanford University University of Rochester |
Alma mater | University of Chicago |
Doctoral advisor |
José Scheinkman Robert Lucas, Jr. |
Other academic advisors |
Russell Davidson Ivar Ekeland |
Doctoral students | Sérgio Rebelo |
Paul Michael Romer (born November 7, 1955) is an American economist and pioneer of endogenous growth theory. He is currently Chief Economist and Senior Vice President of the World Bank, He being on leave from his position as professor of economics at the Stern School of Business at New York University. Prior to that, Romer was a professor of economics at Stanford University's Graduate School of Business and a senior fellow at Stanford's Center for International Development, the Stanford Institute for Economic Policy Research, and the Hoover Institution, as well as a fellow at the Center for Global Development.
Romer earned a B.S. in mathematics in 1977 and a Ph.D. in economics in 1983, both from the University of Chicago, after graduate studies at Massachusetts Institute of Technology and Queen's University. He taught at the University of California at Berkeley, the University of Chicago, and the University of Rochester. He temporarily left academia, focusing his energy on his 2001 start-up company Aplia which developed online homework problem sets for college students; Aplia was purchased in 2007 by Cengage Learning. Romer was named one of America's 25 most influential people by Time magazine in 1997. Romer was awarded the Horst Claus Recktenwald Prize in Economics in 2002. He is the son of former Colorado governor Roy Romer.