Photograph by Graziano Arici/eyevine/Redux
Pissarides was awarded the Nobel Prize in economics, jointly with Peter A. Diamond and Dale Mortensen, for his contributions to the theory of search frictions and macroeconomics
By Peter Coy
Christopher Pissarides, who shared a Nobel Prize in economics in 2010, told
Bloomberg Businessweek in an e-mail today that he is “appalled” by Europe’s plan to impose a tax on deposits in Cypriot banks to help pay for a $13 billion bailout. Pissarides was born and raised in Cyprus. As a child, he recalled in his
Nobel biography, “I used to spend the time with my cousins, fishing in Kyrenia (mostly unsuccessfully) or playing in the riverbeds and springs of Agros.”