Peter C.B. Phillips selected a 2013 Thomson Reuters Citation Laureate

Peter C.B. Phillips, Sterling Professor of Economics and professor of statistics, has been selected as a 2013 Thomson Reuters Citation Laureate for contributions to the field of economics.

The distinction highlights the significance of Phillips’ work in the eyes of the scientific community. Each year, Thomson Reuters — a world leader in intelligent information for businesses and professionals — chooses individuals for the distinction based on analysis of data from the research and citation database Web of Science, which identifies the most influential researchers in the categories of chemistry, physics, physiology or medicine, and economics. The company predicts that the researchers named Thomson Reuters Citation Laureates will be Nobel Prize winners, either this year or in the future.

Phillips is among 28 researchers from six different countries selected for the honor. Other Thomson Reuters Citation Laureates include François Englert and Peter W. Higgs for their prediction of the Brout-Englert-Higgs boson particle in the field of physics; economists Sam Peltzman and Richard A. Posner for their work extending economic theories of regulation; Adrian P. Bird, Howard Cedar, and Aharon Razin for their fundamental discoveries concerning DNA methylation and gene expression; and M.G. Finn, Valery V. Fokin, and K. Barry Sharpless for their development of modular click chemistry.

Phillips is among eight economists chosen as laureates. Along with six others, he was selected for contributions to economic time-series, including modeling, testing, and forecasting.