NYU Stern

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Paul Romer

Paul Romer

Joined Stern 2010

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

Personal website


Paul Romer is Professor of Economics at New York University's Stern School of Business and Director of its Urbanization Project. The Urbanization Project addresses a truly historic challenge and opportunity: welcoming an additional 3 - 5 billion people to urban life in less than a century. The Project's first initiative helps existing cities plan for expansion. Its second initiative fosters the creation of entirely new cities because history shows that a new city offers a uniquely important opportunity to implement systemic social reform and speed up progress.

Prior to joining Stern, Romer taught at Stanford's Graduate School of Business, where he took an entrepreneurial detour to start Aplia, an education technology company dedicated to increasing student effort and engagement. Romer is a Research Associate at the National Bureau of Economic Research and a Fellow of the American Academy of Arts and Sciences. In 2002, he received the Recktenwald Prize for his work on the role of ideas in sustaining economic growth.

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

Areas of Expertise


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