A BBVA Foundation Frontiers of Knowledge Award has been awarded to the Edinburgh-based economist, Professor John Moore. Image The prestigious prize was awarded for research into understanding of how financial market imperfections can amplify fluctuations in the economy as a whole and generate recessions. The accolade has been awarded jointly to Professor Moore, who is the David Hume University Chair of Economics at the University. The other recipients were Professor Ben Bernanke, Distinguished Fellow in Residence with the Economic Studies Program at the Brookings Institution, Professor Mark Gertler the Henry and Lucy Moses Professor of Economics at New York University, and Professor Nobuhiro Kiyotaki the Harold H. Helm 1920 Professor of Economics and Banking at Princeton University. The BBVA Foundation Frontiers of Knowledge Awards recognise research and creative excellence embedded in advances to improve understanding of the natural, social and artificial or technological worlds. The previous winners of the Frontiers of Knowledge Award in the Economics, Finance and Management category include Sir Angus Deaton (2011), Paul Milgrom (2012), Elhanan Helpman (2013), Sir Richard Blundell and David Card (2014), Robert Wilson (2015), Daron Acemoglu (2016), Robert Porter, Ariel Pakes and Timothy Bresnahan (2017), Claudia Goldin (2018), Philippe Aghion and Peter Howitt (2019). Together with Nobuhiro Kiyotaki, John Moore previously won the 1999 Yrjö Jahnsson Award from the European Economic Association and the 2010 Stephen A. Ross Prize in Financial Economics. Professor Moore was elected President of the Econometric Society in 2010 and was President of the Royal Economic Society 2015-16. He was elected fellow of the British Academy in 1999 and of the Royal Society of Edinburgh in 2003. He was awarded a CBE in 2017. John Moore joined the University of Edinburgh in 2000, appointed to the George Watson's and Daniel Stewart's Chair of Political Economy. In 2018, he was appointed David Hume University Chair of Economics. From 1990 to 2018, he also held the position of Professor of Economic Theory at the London School of Economics, where in 2018 he was appointed School Professor. I am overwhelmed to have received this great honour, especially with my friend Nobu. It will encourage us to continue our work together. Professor John MooreSchool of Economics School of Economics BBVA Foundation Frontiers of Knowledge Awards Publication date 05 Mar, 2021
