Prof. Philippe Aghion: “A Theory of Falling Growth and Rising Rents”

is one of the world's most influential economists of the last two decades. He is professor at the College de France at the chair "Institutions, Innovation, et Croissance "and Centennial Professor of Economics at the London School of Economics. He is also Visiting Professor at the Department of Economics, Harvard University. From 1996 to 2002 he was Professor of Economics at University College London (UCL), from 2002 to 2015 Robert C. Wagoner Professor of Economics at Harvard University and from 2009 to 2015 Invited Professor at the Institute of International Economic Studies, Stockholm.

In his research, Philippe Aghion is primarily concerned with growth and contract theory. Of central importance is his work with Peter Howitt on "A Model of Growth through Creative Destruction", which appeared in 1992 in Econometrica. With Peter Howitt, he pioneered the so-called “Schumpeterian Growth paradigm” which was subsequently used to analyze the design of growth policies and the role of the state in the growth process. Aghion's oeuvre includes numerous monographs and a large number of articles in some of the most prestigious journals, including the American Economic Review. In 2001, he was awarded the Yrjö Jahnsson Prize for being an outstanding European economist under 45. He also received the John von Neumann Award in 2009 and the Global Award for Entrepreneurship Research in 2016. Philippe Aghion holds two honorary doctorates (Stockholm School of Economics, 2005 and University of Tucumán, Argentina, 2018).