About the Speaker

Peter Diamond earned the Ph.D. in Economics from M.I.T. and is currently an Institute Professor at M.I.T. He is known for his analysis of U.S. Social Security policy and served in numerous capacities as an advisor to the Advisory Council on Social Security during the 1980s and 1990s. Dr. Diamond received the 2010 Nobel Prize in Economic Sciences for his analysis of markets with search frictions, in which he analyzed the foundations of search markets. His model helps to understand the ways in which unemployment, job vacancies, and wages are affected by regulation and economic policy. Search theory has also been applied to questions relating to the housing market, monetary policy, public economics, financial economics, regional economics, and family economics.

Dr. Diamond has served as President of the American Economic Association, the National Academy of Social Insurance, and the Econometric Society. He is a fellow of the American Academy of Arts and Sciences, a research associate with the National Bureau of Economic Research, a research fellow of the Center for Economic Studies, and an affiliated researcher with the Center for Retirement Research. He has recently served as a member of the Massachusetts Legislature’s Blue Ribbon Panel on Retirement and the Special Commission to Study the Massachusetts Contributory Retirement Systems.

Dr. Diamond’s published research spans numerous articles and books, including Pension Reform: A Short Guide; Reforming Pensions: Principles and Policy Choices; Saving Social Security: A Balanced Approach; Taxation, Incomplete Markets and Social Security; Social Security Reform; and Issues in Privatizing Social Security.