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Paul Romer (on leave)

Paul Romer (on leave)

Joined Stern 2010

Leonard N. Stern School of Business
Kaufman Management Center
44 West Fourth Street,
New York, NY 10012

Personal website


Paul Romer, an economist and policy entrepreneur, is the founding director of the NYU Stern Urbanization Project. The Urbanization Project conducts applied research on the many ways in which policymakers in the developing world can use the rapid growth of cities to create economic opportunity and undertake systemic social reform. Professor Romer is also a University Professor at New York University and Director of NYU's Marron Institute of Urban Management. Marron deepens the fundamental understanding of cities by working with civic innovators to improve urban management.

Before coming to NYU, Professor Romer taught at Stanford University's Graduate School of Business. While there, he took an entrepreneurial detour to start Aplia, an education technology company dedicated to increasing student effort and classroom engagement. To date, students have submitted more than 1 billion answers to homework problems on the Aplia website.

Prior to Stanford, Professor Romer taught in the economics departments at the University of California, Berkeley, the University of Chicago and the University of Rochester. He is a Research Associate at the National Bureau of Economic Research and a Fellow of the American Academy of Arts and Sciences. He is a non-resident scholar at both the Center for Global Development in Washington, D.C. and the Macdonald-Laurier Institute in Ottawa, Ontario. In 2002, he received the Recktenwald Prize for his work on the role of ideas in sustaining economic growth.

Professor Romer serves on the board of trustees for the Carnegie Endowment for the Advancement of Teaching. He is also a member of the board of directors for Community Solutions, a national not-for-profit dedicated to strengthening communities and ending homelessness.

Professor Romer earned a B.S. in mathematics from the University of Chicago. He earned a doctorate in economics from the University of Chicago after doing graduate work at the Massachusetts Institute of Technology and Queens University.

Awards & Appointments

Center for Global Development Fellow 2010
Horst Claus Recktenwald Prize in Economics 2002
American Academy of Arts and Sciences Fellow 2000
Stanford Business School Distinguished Teaching Award 1999
American Economics Association Executive Council Member 1996
Econometric Society Fellow 1990
Center for Advanced Study in the Behavioral Sciences Fellow 1989
Sloan Foundation Fellow 1988
National Bureau of Economic Research Research Associate 1987

Selected Publications

P. Romer and C. Jones (2010)
The New Kaldor Facts: Ideas, Institutions, Population, and Human Capital
Forthcoming American Economic Journal: Macroeconomics, January 2010

P. Romer (1996)
Preferences, Promises, and the Politics of Entitlement
Chapter 7 from Individual and Social Responsibility

P. Romer (1994)
New Goods, Old Theory, and the Welfare Costs of Trade Restrictions
Journal of Development Economics, No. 43 (1994), pp. 5-38

P. Romer (1990)
Endogenous Technological Change
Journal of Political Economy, Vol. 98, No. 5

P. Romer (1986)
Increasing Returns and Long-Run Growth
Journal of Political Economy, Vol. 94, No. 5 (Oct. 1986), pp. 1002-1037

Related News & Research

Professor Paul Romer is featured in an column on data protection, urging for transparency and clarity over privacy

Professor Paul Romer explains how the 2008 financial crisis has impacted investor behavior

Professor Paul Romer, winner of the 2018 Nobel Memorial Prize in Economics Sciences, is interviewed about his work on economic growth

Paul Romer is awarded the 2018 Nobel Prize in economics for integrating technological innovations into long-run macroeconomic analysis

Professor Paul Romer's research on macroeconomics is referenced

Professor Paul Romer's work on macroeconomics is included in a list of writing that shaped economic thinking in 2016

Professor Paul Romer's research on macroeconomics is referenced

Professor Paul Romer shares how policymakers can foster economic growth

Professor Paul Romer is interviewed about his role as World Bank Chief Economist

Professor Paul Romer's research on macroeconomics is featured

Professor Paul Romer, who was recently appointed Chief Economist of the World Bank, is profiled

Professor Paul Romer's appointment to the World Bank as Chief Economist is highlighted

Paul Romer is profiled in advance of his new role at the World Bank

NYU Stern’s Paul Romer Named the World Bank’s Next Chief Economist

Professor Paul Romer is named Chief Economist of the World Bank

Professor Paul Romer comments on Y Combinator's "New Cities" initiative and the planned city of Shenzhen, China

Professor Paul Romer's research on economic growth is mentioned

Professor Paul Romer's research on "mathiness" is referenced

Professor Paul Romer’s proposal of city sanctuaries for refugees is highlighted

Professor Paul Romer's research on "mathiness" is referenced

Areas of Expertise


  • Emerging Markets
  • International Economic Policy
  • Macroeconomics
  • Political Economy


  • Charter Cities
  • Urban Expansion