
Olivier Blanchard PhD ’77, the Robert M. Solow Professor of Economics Emeritus, has been named a winner of the 2025 BBVA Foundation Frontiers of Knowledge Award in Economics, Finance and Management for “profoundly influencing modern macroeconomic analysis by establishing rigorous foundations for the study of business cycle fluctuations,” as described in the BBVA Foundation’s award citation.Blanchard, who is also senior fellow at the Peterson Institute for International Economics, shares the award with MIT alumni Jordi Galí PhD ’89 of the Centre de Recerca en Economia Internacional and Pompeu Fabra University…