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Mortensen Named Board of Trustees Professor

Nobel Prize-winning economics professor at the forefront of unemployment research

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March 31, 2011 | by Amy Weiss

EVANSTON, Ill. --- Dale Mortensen, the Ida L. Cook Professor of Economics since 1985 and 2010 Nobel laureate in economics, has been named the Board of Trustees Professor.

Mortensen won the 2010 Nobel Prize in Economics along with two other economists for his work developing a model to explain why unemployment and job vacancies are simultaneously high and how both are affected by economic policy. He previously won the Institute for the Study of Labor’s Labor Economics Prize in 2005 and the Society of Labor Economics Mincer Prize in 2007, and he was named an American Economic Association Distinguished Fellow in 2008.

Mortensen is currently the Niels Bohr Visiting Professor of Economics at Aarhus University, a research associate of the National Bureau of Economic Research and a research fellow of the Institute for the Study of Labor. He is the author of “Wage Dispersion: Why Are Similar Workers Paid Differently?”

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