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Dale Mortensen

AKA Dale Thomas Mortensen

Born: 2-Feb-1939
Birthplace: Enterprise, OR
Died: 9-Jan-2014
Location of death: Wilmette, IL
Cause of death: unspecified

Gender: Male
Race or Ethnicity: White
Sexual orientation: Straight
Occupation: Economist
Party Affiliation: Democratic

Nationality: United States
Executive summary: Job creation and destruction

Dale Mortensen was an economist at Northwestern University, known for a landmark 1994 paper co-authored by Christopher Pissarides. His study concluded that the job destruction process displays more volatile dynamics than the job creation process, and showed asymmetry between creation of new jobs and elimination of previous jobs. He applied empirical equilibrium dynamic models to account for wage dispersion, economic growth and aggregate productivity. Mortensen won the Nobel Prize for Economics in 2010, shared with Pissarides and Peter Diamond.

Wife: Beverly Patton Mortensen (until his death)

    University: BA Economics, Willamette University (1961)
    University: PhD Economics, Carnegie Mellon University (1967)
    Lecturer: Economics, Northwestern University (1964-65)
    Teacher: Ass't Prof. of Economics, Northwestern University (1965-71)
    Teacher: Assoc. Prof. of Economics, Northwestern University (1971-75)
    Professor: Economics, Northwestern University (1975-85)
    Professor: Managerial Economics and Decision Sciences, Northwestern University (1980-)
    Professor: Ida C. Cook Professor of Economics, Northwestern University (1985-)

    IZA (ISL) Prize in Labor Economics 2005 (with Christopher Pissarides)
    Nobel Prize for Economics 2010 (with Peter Diamond and Pissarides)
    American Economic Review Editorial Board (1988-90)
    Review of Economic Dynamics Editorial Board (1997-99)
    American Academy of Arts and Sciences 2000
    American Economic Association
    Econometric Society 1979
    Institute for the Study of Labor
    National Bureau of Economic Research
    National Science Foundation Numerous grants
    Russian Academy of Sciences Foreign Member
    Society for Labor Economics 2000
    Society of Economic Dynamics President, 1995-2000
    Democratic National Committee
    Gore 2000
    Obama for America

Official Website:

Author of books:
Wage Dispersion: Why Are Similar Workers Paid Differently (2003)

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