Peter C. B. Phillips was educated at the University of Auckland in New Zealand and the London School of Economics and Political Science in the UK. He is currently Sterling Professor Emeritus of Economics at Yale University, Distinguished Professor at the University of Auckland, Distinguished Term Professor at Singapore Management University and Adjunct Professor at the University of Southampton. He held previous positions at the University of Auckland (1970-1971), University of Essex (1972-1975), and the University of Birmingham (1976-1979) where he was Professor of Econometrics and Social Statistics and chaired that Department. His main research interests are in econometric theory, financial econometrics, time series, spatial, and panel data econometrics, microeconometrics, and applied macroeconomics. He is founder and Editor of Econometric Theory and founding Editor of Themes in Modern Econometrics for Cambridge University Press. He received the Plurima Scripsit Econometric Theory award in 1999, is a Distinguished Author of the Journal of Applied Econometrics, and a Distinguished Fellow of the New Zealand Association of Economists. He is an elected Fellow of the Econometric Society, the Institute of Mathematical Statistics, the American Statistical Association, the Guggenheim Foundation, the Modeling and Simulation Society of Australia and New Zealand, the American Academy of Arts and Sciences, the Society of Financial Econometrics, the Journal of Econometrics, Econometric Reviews, an Honorary Fellow of the Royal Society of New Zealand, and a Corresponding Fellow of the British Academy. He was Marschak Lecturer (1993), Fisher-Schultz Lecturer (1994), Hannan Lecturer (1997, 2018), Sargan lecturer (2002), Maddala lecturer (2002), A.W.H. Phillips lecturer (2005), Clarendon lecturer (2006), FIRN lecturer (2007), Fukuzawa lecturer (2008) and Durbin lecturer (2009). He received the New Zealand Medal of Science and Technology in 1998, was NZIER/QANTAS Economist of the Year, 2000, received the Biennial Medal of the Modeling and Simulation Society of Australia and New Zealand in 2003, and is a Thomson Reuters Citation Laureate (2013).

He is fortunate to have an extended family fellowship of over 95 Ph.D students in econometrics, many of whom are now prominent econometricians.