LBS academic receives Young Economist accolade

The European Investment Bank (EIB) has awarded its ‘Young Economist’ prize to London Business School academic, Elias Papaioannou, for research that has led to a better understanding of the forces at work in Europe and of suitable policy prescriptions.

The Young Economist Prize recognises scholars under the age of 40 on 31 December 2013 who have undertaken influential research and/or made a significant contribution to economic thought and knowledge that is of specific relevance to the prize’s topic and demonstrates great promise for the future. Dr. Papaionannou has undertaken research that has shed light on the role of financial globalisation on business cycle synchronisation and the impact of the euro and financial regulation on cross-border banking in Europe.

The European Investment Bank (EIB) Prize, launched this year, is an award created by the EIB Institute to recognise and stimulate excellence in economic and social research, its implementation and diffusion.The first EIB Prizes are awarded to two candidates as recognition of their research on the topic of the prize: ‘Growth, employment and convergence, with applications to the European Union’.

Alongside Dr. Papaionannou, this year’s ‘Outstanding Contribution Award’ will go to Prof. Dr Klaus F. Zimmermann from the University of Bonn and Director of the Institute for the Study of Labor (IZA) for research that has led to a better understanding of the forces at work in Europe and of suitable policy prescriptions.

The EIB Prize will be presented by EIB President Werner Hoyer and Professor Christopher Pissarides, Chair of the jury, during the award ceremony to be held in Warsaw on 19 September 2013.

For more information on the EIB Prize: http://institute.eib.org/programmes/knowledge-2/eib-prize/