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Economist Silvana Tenreyro will be awarded this year's Bernhard Harms Prize by the Kiel Institute for the World Economy. She is widely recognized as a leading scholar who has made important contributions to monetary economics, macroeconomic development, and international economics. Tenreyro is the James E. Meade Professor of Economics at the London School of Economics and Political Science (LSE). The Bernhard Harms Prize, one of Europe's leading awards in the field of international economics, has been awarded by the Kiel Institute for the World Economy since 1964.
“Silvana Tenreyro has made outstanding academic contributions to international economics, with pioneering research on economic volatility, monetary policy transmission, as well as currency unions. Her work has considerably advanced our understanding of how diversification and the nature of shocks shape growth and welfare in both emerging and advanced economies,” says Moritz Schularick, president of the Kiel Institute. “Her widely cited methodological paper on estimating gravity equations has become foundational in international trade economics. She stands out by combining theoretical rigor with empirical precision and innovation and her research has a lasting impact not only on research but also on policy making.”
In addition to her academic achievements, Tenreyro served on the Bank of England’s Monetary Policy Committee from 2017 to 2023, helping guide the UK’s monetary policy through Brexit, the pandemic, and the recent inflation surge. Her broader research has shed light on wage rigidities in monetary transmission, asymmetries in policy effects, the links between volatility, development, and trade, and the role of currency pricing in emerging economies. Collectively, her work bridges theory and practice, shaping how central banks and international institutions think about macroeconomic stabilization.
Read more on her academic achievements on the Bernhard Harms Prize website: https://www.ifw-kiel.de/institute/events/prizes-and-awards/bernhard-harms-prize/...
About Silvana Tenreyro
María Silvana Tenreyro CBE FBA is a British-Italian-Argentine economist and Professor of Economics at the London School of Economics (LSE). She served as an external member of the Bank of England’s Monetary Policy Committee from 2017 to 2023 and was President of the European Economic Association in 2021. She studied economics at the National University of Tucumán in Argentina and went on to complete her MA and PhD in economics at Harvard University.
Her research in macroeconomics and international economics has been recognized with major international awards, including the Yrjö Jahnsson Award, the Birgit Grodal Award and the Carl Menger Prize. She is a Fellow of the British Academy and the Econometric Society, and Honorary Member of the American Economic Society, and in 2023 was appointed Commander of the Order of the British Empire for services to the economy.
About the Bernhard Harms Prize
Since 1964, the Kiel Institute’s Bernhard Harms Prize has been awarded to distinguished scholars for their outstanding research in international economics as well as for exceptional efforts in advancing global economic relations. This year, the award ceremony will be held in Paris, France. It will take place on October 30, 2025, in the German Embassy in Paris as part of the 4th Kiel-CEPR Conference on Geoeconomics. The prize is endowed with 10,000 euros and is named after Bernhard Harms, who founded the Kiel Institute in 1914.
Recent winners of the Bernhard Harms Prize are Hélène Rey (2024), Gita Gopinath (2023), Lord Nicholas Stern (2021), Carmen Reinhart (2018), Marc Melitz (2016), and Abhijit Banerjee (2014).
Media Contact:
Elisabeth Radke
Head of Outreach
T +49 431 8814-598
elisabeth.radke@ifw-kiel.de
Kiel Institute for the World Economy
Kiellinie 66 | 24105 Kiel | Germany
Chausseestraße 111 | 10115 Berlin | Germany
T +49 431 8814-1
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www.ifw-kiel.de
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