Philippe Aghion

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Philippe Aghion
Born (1956-08-17) 17 August 1956 (age 65)
Paris, France
Institution College de France, INSEAD, London School of Economics
Field Innovation, growth, organisation, contract theory
Alma mater Harvard University
École Normale Supérieure de Cachan
University of Paris 1 Pantheon-Sorbonne
Eric Maskin, Andreu Mas-Colell, Jerry R. Green
Awards Yrjö Jahnsson Award (2001) John von Neumann Award (2009)

Philippe Mario Aghion FBA (born 17 August 1956) is a French economist who is a Professor at College de France, at INSEAD, and at the London School of Economics. He is also teaching at the Paris School of Economics. Philippe Aghion was formerly the Robert C. Waggoner Professor of Economics at Harvard University. Prior to that, he was a Professor at University College London, an Official Fellow at Nuffield College, Oxford, and an Assistant Professor at the Massachusetts Institute of Technology (MIT).


Early life and education

Aghion was born in Paris, the son of Gaby and Raymond Aghion. [1] [2]

Aghion is a graduate of the École Normale Supérieure de Cachan (ENS Cachan, Mathematics Section), has a Diplôme d'études approfondies (DEA) in Mathematical Economics from University of Paris 1 Pantheon-Sorbonne, and a Ph.D. from Harvard University (1987).


His main research work is on growth and innovation. With Peter Howitt, he developed the so-called "Schumpeterian paradigm", and extended the paradigm in several directions; much of the resulting work is summarised in his joint book with Howitt entitled Endogenous Growth Theory. and more recently in The Power of Creative Destruction. In 2019 he received the BBVA Foundation Frontiers of Knowledge Award in Economics.[ citation needed ]

He is a member of the American Academy of Arts and Science, and was elected as a Corresponding Fellow of the British Academy in 2015. He is also a fellow of the European Economic Association. He has been an editor of the Annual Review of Economics since 2018. [3]

Other activities

Aghion was elected a Fellow of the American Academy of Arts and Sciences in 2009 and he is a member of the Executive and Supervisory Committee (ESC)] of CERGE-EI. [4] [5] He also serves on the Scientific Advisory Board of the Max Planck Institute for Research on Collective Goods.

Ahead of the 2012 French presidential election, Aghion co-signed an appeal of several economists in support of candidate François Hollande. [6]

In 2016, Aghion was appointed by United Nations Secretary-General Ban Ki-moon to an expert group advising the High-Level Commission on Health Employment and Economic Growth, which was co-chaired by presidents François Hollande of France and Jacob Zuma of South Africa. [7] In 2021, he was appointed to the World BankInternational Monetary Fund High-Level Advisory Group (HLAG) on Sustainable and Inclusive Recovery and Growth, co-chaired by Mari Pangestu, Ceyla Pazarbasioglu, and Nicholas Stern. [8]


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  1. Aghion, Philippe et Banerjee, Abhijit Volatility And Growth. Oxford University Press, 2005 (See dedication: « To our parents Gaby and Raymond Aghion... »).
  2. Then And Now. Gaby Aghion founder and Clare Waight Keller designer of Chloe SA. By Diderich, Joelle. WWD, September 28, 2012.
  3. "Annual Review of Economics, Planning Editorial Committee - Volume 10, 2018". Annual Reviews Directory. Retrieved 15 September 2021.
  4. "CERGE-EI | Executive and Supervisory Committee | Governance Bodies | People".
  5. "Book of Members, 1780–2010: Chapter A" (PDF). American Academy of Arts and Sciences. Retrieved 6 April 2011.
  6. Nous, économistes, soutenons Hollande Le Monde , April 17, 2012.
  7. High-Level Commission on Health Employment and Economic Growth – Expert Group World Health Organization.
  8. World Bank, IMF Launch High-Level Advisory Group on Sustainable and Inclusive Recovery and Growth International Monetary Fund, press release of June 15, 2021.