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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

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

In a live interview, Professor Paul Romer emphasizes the importance of cryptography and innovation in the future of money

Professor Paul Romer is featured in an in-depth story about the day he both received the medal for the 2018 Nobel Prize in Economics and got married in Stockholm

Professor Paul Romer, 2018 Nobel Laureate in Economics, to Receive Nobel Prize Medal and Diploma During Official Nobel Week Program in Stockholm

Professor Paul Romer's fireside chat with Dean Raghu Sundaram is featured

Areas of Expertise


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


  • Charter Cities
  • Urban Expansion