Edward Paul Lazear

Morris Arnold and Nona Jean Cox Senior Fellow
Research Team: 
Awards and Honors:
American Academy of Arts and Sciences
Econometric Society (elected fellow)
American Association for the Advancement of Sciences
Society of Labor Economists
Biography: 

Edward P. Lazear is the Morris Arnold and Nona Jean Cox Senior Fellow at the Hoover Institution and the Jack Steele Parker Professor of Human Resources Management and Economics at Stanford University's Graduate School of Business. Lazear served at the White House from 2006 to 2009, where he was chairman of the President's Council of Economic Advisers. Before coming to Stanford, he taught at the University of Chicago.

Lazear has received numerous honors and prizes: among them, the 1998 Leo Melamed Biennial Prize for the best research by a business school professor, the 2004 Prize for Outstanding Contributions to Labor Economics from the Institute for the Study of Labor, and the 2006 Jacob Mincer Prize for lifetime achievement in the field of labor economics. He holds four honorary degrees, the most recent from the Copenhagen Business School (2013).

Founding editor of the Journal of Labor Economics and founder of the Society of Labor Economists, he is also an elected fellow of the American Academy of Arts and Sciences, the American Association for the Advancement of Science, the Econometric Society, and the Society of Labor Economists. He is a research associate of the National Bureau of Economic Research and was a member of the National Academy of Sciences Board on Testing and Assessment. Lazear was the first vice-president and then president of the Society of Labor Economists.

Lazear has written or edited a dozen books including Personnel Economics (MIT Press, 1995), which expands on his 1993 Wicksell Lectures. He has published more than one hundred papers in leading professional journals.

He received the Distinguished Teaching Award from Stanford University's Graduate School of Business in 1994 and the Distinguished Service Award from Stanford University in 2002.

Lazear holds AB and AM degrees from the University of California, Los Angeles, and a PhD from Harvard University.

Lazear's vitae and papers can be accessed through his personal webpage at http://faculty-gsb.stanford.edu/lazear/.

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Recent Commentary

taxes

Lazear on Bloomberg TV: “the goal is to maximize growth in the economy”

by Edward Paul Lazearvia Bloomberg Television
Friday, April 25, 2014

Hoover senior fellow Edward Lazear discusses tax reform on Bloomberg TV. Topics include taxation on consumption, economic growth, and long-term effects.

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Lazear on Santelli Exchange: “we should move toward a consumption tax”

by Edward Paul Lazearvia CNBC
Wednesday, April 23, 2014

Hoover senior fellow Edward Lazear discusses the economy on the Santelli Exchange. Topics include the effects of the tax code on consumption and saving, the economic recovery, and the Taylor Rule.

Vigorous Youth

by Edward Paul Lazearvia Hoover Digest
Monday, April 21, 2014

Why welcome young immigrants? Because there’s an entrepreneurial payoff.

Economics Abstract
Analysis and Commentary

How to Energize a Lackluster Recovery

by Edward Paul Lazearvia Wall Street Journal
Sunday, April 20, 2014

April always brings complaints about the pain of paying taxes—and the complaints are justified. According to the Bureau of Economic Analysis, over 30% of U.S. gross domestic product is taxed away to fund federal, state and local governments.

Job creation

Lazear on Santelli Exchange: “they’ve focused way too much on the short run”

by Edward Paul Lazearvia CNBC
Friday, April 4, 2014

Hoover senior fellow Edward Lazear discusses the labor market on CNBC’s Santelli Exchange. Topics include the recent jobs report, the economic recovery, and the Affordable Care Act.

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Lazear on After the Bell: “relative to the previous reports, this one was pretty strong”

by Edward Paul Lazearvia After the Bell (Fox Business)
Friday, April 4, 2014

Hoover senior fellow Edward Lazear discusses the March jobs report on Fox Business’s After the Bell. Topics include the average workweek, the employment-to-population ratio, and the stagnant job growth.

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Lazear on After the Bell: “we are working less today than we were six months ago”

by Edward Paul Lazearvia FOX Business
Wednesday, March 19, 2014

Hoover senior fellow Edward Lazear discusses the labor market on Fox Business’s After the Bell. Topics include the decline in the average workweek, the Fed and Janet Yellen, and the recent CBO jobs report.

Markets

Lazear on Market Makers: “you need to look at the overall picture in terms of employment”

by Edward Paul Lazearvia Bloomberg Television
Wednesday, March 19, 2014

Hoover senior fellow Edward Lazear discusses the Federal Reserve on Bloomberg TV’s Market Makers. Topics include comparisons between Janet Yellen and Ben Bernanke, the labor market, and quantitative easing.

Edward Lazear, the Morris Arnold and Nona Jean Cox Senior Fellow at the Hoover I

Lazear on the Kudlow Report: “we have more people working but they’re working fewer hours per person”

by Edward Paul Lazearvia Kudlow Report (CNBC)
Monday, March 17, 2014

Hoover senior fellow Edward Lazear discusses on the labor market on the Kudlow Report. Topics include the most recent jobs report, the importance of studying hours worked by using equivalent jobs, and subsidies in the labor market.

Analysis and Commentary

The Hidden Rot in the Jobs Numbers

by Edward Paul Lazearvia Wall Street Journal
Sunday, March 16, 2014

Most commentators viewed the February jobs report released on March 7 as good news, indicating that the labor market is on a favorable growth path.

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