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Peter Arthur Diamond

Picture of Peter Arthur Diamond

Date of Birth: 04/29/1940

Age: 76

Place of birth: New York

Citizenship: United States

Background

Peter Diamond (Peter Arthur Diamond) was born in 1940. In 1960, he received a bachelor`s degree from Yale University (Yale University), and three years later he defended his doctorate in no less famous MIT (Massachusetts Institute of Technology). From 1964 to 1965 Diamond, a professor at the University of California at Berkeley (University of California, Berkeley), and in 1964 moved to the position of Associate Professor at MIT. In 1970 he was appointed professor at stake, and even since 1968, Peter was a member and president of the Econometric Society. In 1978 he became a member of the American Academy of Arts and Sciences, and in 1984 - a member of the National Academy of Sciences.

Position Head of the Department of Economics Peter Diamond held from 1985 to 1986.

Diamond`s well-known book, co-written with Peter R. Orszag (Peter R. Orszag), former director of the Office of Management and Budget of President Barack Obama (Barack Obama), in which the authors speculated on Social Security; It called their joint work `Saving Social Security: a balanced approach 2004 goda` (Saving Social security: a balanced approach).

In general, the main interest of Peter Diamond lies in policy analysis of the American Social Security, as well as analogues of this software in other countries, such as China (China).

He made a lot of proposals to improve the existing social security policy - so that one of these proposals is a slight increase in social security contributions, the other - increasing the share of taxable income.

Diamond`s contribution to the US economy and are working on the national debt and the accumulation of capital, optimal taxation, and the search for matching labor market and social security.

In 2010, Peter Diamond was one of three candidates for the Board of Governors of the Federal Reserve System (Federal Reserve Board). After the first time his candidacy was rejected by President Obama personally I pushed her again.

In October of 2010, Diamond won the Nobel Prize in economics for `market research models poiska`; with him the prize got Dale Mortensen (Dale T. Mortensen) and Christopher Pissarides (Christopher A. Pissarides).

By the way, Diamond and his compatriot Mortensen - one generation of scientists, while the Cypriot born British citizenship Pissarides joined their later development, being younger. Their joint development were called DMP model (Diamond-Mortensen-Pissarides), this model allows us to understand exactly how the search system in a market economy.

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