Personalborn in 1949 in Finland.
EducationPh.D. in Economics at Stanford University.
Academy AppointmentsPaul A. Samuelson Professor of Economics at Massachusetts Institute of Technology. Formerly, Edwin J. Beinecke Professor of Management at Yale University’s School of Management (1983-1994). Research associate of the National Bureau of Economic Research. Served as board member of Nokia (1999-2012). Fellow of the American Academy of Arts and Sciences. Fellow and former president (2011) of the Econometric Society. Academic Committee, Luohan Academy (2018-present).
Holmström is a microeconomic theorist, best known for his research on the theory of contracting and incentives especially as applied to the theory of the firm, to corporate governance and most recently to financial crises and the supply of liquidity.