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The Sun Hung Kai Properties Nobel Laureates Distinguished Lecture by Professor Peter A. Diamond, 2010 Nobel Laureate in Economic Sciences on "Steps to Limit Future Global Economic Crises"

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Date:

5 Dec 2011

Time:

5:00 pm

Venue:

Lecture Theatre 6, 1/F, Lee Shau Kee Building, CUHK

Speaker(s):

Professor Peter A. Diamond, 2010 Nobel Laureate in Economic Sciences

Biography of Speaker:

Peter A. 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, andmacroeconomics. His books include Saving Social Security: A BalancedApproach (with Peter R. Orszag), Reforming Pensions: Principles and PolicyChoices and Pension Reform: A Short Guide (both with Nicholas Barr), andBehavioral Economics and Its Applications (edited with Hannu Vartiainen).

His recent papers include The Mirrlees Review chapter “The Tax Base”(with James Banks), “Capital Income Taxes with Heterogeneous DiscountRates” (with Johannes Spinnewijn, American Economic Journal: EconomicPolicy), The Case for a Progressive Tax: From Basic Research toPolicy Recommendations (with Emmanuel Saez, The Journal of EconomicPerspectives) and Unemployment, Vacancies, Wages (the Nobel Lecturein The American Economic Review). His recent report is Pension Reform inChina: Issues, Options and Recommendations (with Nicholas Barr). He hasbeen President of the American Economic Association, of the EconometricSociety, and of the National Academy of Social Insurance. He was one of thethree winners of the 2010 Sveriges Riksbank Prize in Economic Sciences inMemory of Alfred Nobel.        

Enquiries:

Communications and Public Relations Office
3943 8893

Synopsis of Lecture:

Topic: Steps to Limit Future Global Economic Crises

The lecture will review factors that contributed to the global economic crisis and discuss some steps for addressing them as well as issues needing more research. (In English)