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 Davies Family Professor of 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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Interviews

Santelli Exchange: Ed Lazear On The Labor Market

interview with Edward Paul Lazearvia CNBC
Friday, November 1, 2019

Hoover Institution fellow Ed Lazear discusses the jobs report, business investment, trade, and negative interest rates.

Featured

Ed Lazear: The US Economy, Trade, And Recession Fears

interview with Edward Paul Lazearvia Fox Business
Thursday, October 24, 2019

Hoover Institution fellow Ed Lazear discusses the outlook for the US economy, the lack of significant improvement offered by USMCA over NAFTA, European interest rates, and recession fears.

In the News

Few Economists See Downturn Despite Waning Growth Outlook

quoting Edward Paul Lazearvia Commercial Property Executive
Tuesday, October 15, 2019

Despite slowly waning GDP and employment growth, and frequent financial market volatility stemming from slowing global growth and the “As the World Turns” trade negotiations between the U.S. and China, most economists at last week’s National Association of Business Economists (NABE) meeting in Denver were sanguine about the prospects for the U.S. economy.

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Is the Recovery Ending?

by Edward Paul Lazearvia Hoover Digest
Wednesday, October 9, 2019

Slower job creation doesn’t mean a recession is imminent. But policy makers can’t assume growth will take care of itself.

Featured

Santelli Exchange: Ed Lazear On The Labor Market

interview with Edward Paul Lazearvia CNBC
Friday, October 4, 2019

Hoover Institution fellow Ed Lazear discusses the jobs report and productivity.

Lessons From The Hoover Policy Boot CampFeatured

Economic Growth And Immigration With Edward P. Lazear

by Edward Paul Lazearvia PolicyEd
Thursday, September 19, 2019

Federal policy on spending, tariffs, and immigration influence the labor force and long-term investment in the economy.

Lessons From The Hoover Policy Boot CampFeatured

Chapter Four: Answering Questions With Edward P. Lazear

by Edward Paul Lazearvia PolicyEd
Thursday, September 19, 2019

Edward Lazear answers frequently asked questions about the United States economy and immigration. What are optimal tax rates? How can we help displaced workers when automation is increasing? How could we improve the current immigration system? Is the current path of welfare and entitlement programs sustainable?

Featured

Edward Lazear: Markets Not Predicting A Recession In The Near Future?

interview with Edward Paul Lazearvia Fox Business
Wednesday, September 4, 2019

Hoover Institution fellow Ed Lazear discusses the US economy and the outlook for Federal Reserve policy.

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Area 45: Ed Lazear Assesses The Trump Economy

interview with Edward Paul Lazearvia Area 45
Wednesday, August 14, 2019

What might happen with tariffs, trade, currency manipulation, interest rates, employment, immigration, and the economy over the next year.

Featured

Santelli Exchange: Lazear On The Labor Market

interview with Edward Paul Lazearvia CNBC
Friday, August 2, 2019

Hoover Institution fellow Ed Lazear discusses the jobs report, business investments, and trade tariffs.

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