Share / Print

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, economist and policy entrepreneur, is a co-recipient of the 2018 Nobel Prize in Economics Sciences and University Professor in Economics at NYU. He has spent his career at the intersection of economics, innovation, technology, and urbanization, working to speed up human progress.

Paul received the Nobel Prize in Economic Sciences for his work “integrating technological innovations into long-run macroeconomic analysis,“?which integrated ideas and innovation into economic models for the first time, making clear the societal benefits possible when people join together and collaborate in new ways.

Paul previously served as the Chief Economist at the World Bank where he worked to advance the multilateral institution’s critical research function. He is the Founding Director of NYU’s Marron Institute of Urban Management, which works to help cities plan for their futures and improve the health, safety, and mobility of their citizens, as well as the founder of the Charter Cities initiative, which introduced a framework designed to help traditionally disenfranchised populations share in the benefits of rapid urbanization.

Paul has made numerous contributions to public policy, including writing an opinion for the United States Justice Department on the Microsoft Antitrust ruling, serving on the Singaporean Prime Minister’s Independent Academic Advisory Panel on University Policy, and consulting for a host of other governments and legislators on policy initiatives tied to education, urbanization, science, technology, and innovation.

Prior to coming to NYU, Paul taught at Stanford University’s Graduate School of Business and in the Economics departments of the University of California, Berkeley, the University of Chicago, and the University of Rochester. While teaching at Stanford, Paul founded Aplia, an education technology company dedicated to increasing student effort and classroom engagement. To date, students have submitted more than 2.4 billion answers to homework problems on the Aplia website. Aplia was sold to Cengage Learning in 2007.

He is currently a Research Associate at the National Bureau of Economic Research, a Fellow of the American Academy of Arts and Sciences, and a non-resident scholar at Macdonald-Laurier Institute in Ottawa, Ontario. In 2002, he received the Recktenwald Prize for his work on the role of ideas in sustainable economic growth.? Paul earned a B.S. in mathematics from the University of Chicago and a Ph.D. in economics from the University of Chicago after completing graduate work at the Massachusetts Institute of Technology and Queens University.

His writing has appeared in the Wall Street Journal, the Financial Times, Econometrica, and The American Economic Review, and is a regular speaker at events ranging from TED and Aspen Ideas Festival to editorial boards and industry conferences worldwide.

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's comments on the Augmenting Compatibility and Competition by Enabling Service Switching (ACCESS) Act are featured

In an in depth interview, Professor Paul Romer shares his views on GDP measurements and how ideas sustain economic growth

In an interview, Professor Paul Romer shares his views on how to define economic growth

Professor Paul Romer studies Burning Man as a model for future urban development

In a live interview, Professor Paul Romer explains why he is skeptical of the idea of a 12-hour work week

In an in-depth interview, Professor Paul Romer shares his outlook on taxing targeted ad revenue and the importance of investing in human capital

Professor Paul Romer's comments on China's financial markets at the 11th Lujiazui Forum in Shanghai are cited

In a live interview, Professor Paul Romer shares his perspective on China's approach to trade negotiations with the US

In a live interview, Professor Paul Romer explains why he believes taxation can be used to incentivize tech companies to change their business models

A Tax That Could Fix Big Tech

Professor Paul Romer shares his views on the impact of a carbon tax in Canada

Professor Paul Romer's talk at the Korea Chamber of Commerce and Industry in central Seoul is featured

In an in-depth interview, Professor Paul Romer discusses the US-China trade conflict and sustainable economic growth

Professor Paul Romer's research on macroeconomics is referenced in a new book on climate change

In a live interview, Professor Paul Romer weighs in on the economic impact of proposed higher wealth taxes

What the Next President of the World Bank Should Do

Professor Paul Romer's work on integrating technological innovations into long-run macroeconomic analysis is cited

Professor Paul Romer's participation in a discussion with Chinese Premier Li Keqiang and other economic experts in Beijing is highlighted

Professor Paul Romer's views on how to foster tech innovation are referenced

In an in-depth interview, Professor Paul Romer shares his views on Korea's economic growth model

Areas of Expertise


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


  • Charter Cities
  • Urban Expansion