Peter A. Diamond

Peter Diamond is an Institute Professor Emeritus at MIT where he taught from 1966 to 2011. He has written on public finance, social insurance, behavioral economics, uncertainty and search theories, and macroeconomics. His books include Saving Social Security: A Balanced Approach (with Peter R. Orszag), Reforming Pensions: Principles and Policy Choices and Pension Reform: A Short Guide (both with Nicholas Barr), and Behavioral Economics and Its Applications (edited with Hannu Vartiainen). His recent papers include “Problems with State-Local Final Pay Plans and Options for Reform” (with Alicia H. Munnell, Gregory Leiserson and Jean-Pierre Aubry, Center for Retirement Research at Boston College), “Capital Income Taxes with Heterogeneous Discount Rates” (with Johannes Spinnewijn, American Economic Journal: Economic Policy), “The Case for a Progressive Tax: From Basic Research to Policy Recommendations” (with Emmanuel Saez, Journal of Economic Perspectives) and “Unemployment, Vacancies, Wages” (the Nobel lecture in the American Economic Review). His recent report is Pension Reform in China: Issues, Options and Recommendations (with Nicholas Barr). He has been President of the American Economic Association, of the Econometric Society, and of the National Academy of Social Insurance. He was one of the three winners of the 2010 Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel.