Philippe Aghion

Philippe Aghion is Professor of Economics at Harvard University, having previously been Professor at University College London, an Official Fellow at Oxford’s Nuffield College, and an Assistant Professor at MIT. His main research work is on growth and contract theory. 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”. He is a graduate of the Ecole Normale Supérieure (Mathematics Section), has a DEA in Mathematical Economics from Université de Paris I, and a PhD from Harvard University (1987).

Content by Philippe Aghion
  • Data Item

    Data: Multinationals and growth in developing countries

    We argue that social capital as proxied by trust increases aggregate productivity by affecting the organization of firms. To do this we collect new data on the decentralization of investment, hiring, production, and sales decisions from Corporate Headquarters to local plant managers in almost 4,000 firms in the United States, Europe, and Asia. We find that firms...

    28 Feb 2019

  • Project

    Multinationals and growth in developing countries

    Recent work has highlighted the incredible dispersion of productivity in developing countries and how this contributes to their lower aggregate productivity levels. Low productivity in developing countries leads to lower wages and ultimately much lower consumption. Why is there such a large spread of productivity and what policies can address this? One strand of the...

    4 Sep 2014 | Philippe Aghion, Nick Bloom, John Van Reenen

  • Publication - Policy Brief

    The Organization of Firms Across Countries (Policy Brief)

    1 Jan 2012 | Philippe Aghion, Nick Bloom, Raffaella Sadun, John Van Reenen