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

Edward Lazear On The Santelli Exchange: On The Labor Market And Productivity

interview with Edward Paul Lazearvia CNBC
Friday, May 3, 2019

Hoover Institution fellow Ed Lazear discusses job growth and the economy.

Featured

Santelli Exchange: Lazear On The Jobs Report

with Edward Paul Lazearvia CNBC
Friday, April 5, 2019

Hoover Institution fellow Ed Lazear discusses the jobs report and President Trump's call for a rate cut.

Policy InsightsFeatured

Policy Insights: Immigration Reform

featuring Edward Paul Lazear, Timothy Kane, David R. Henderson, Tom Church, John H. Cochrane, Lanhee J. Chen, Clint Bolick, Richard A. Epsteinvia PolicyEd
Tuesday, March 26, 2019

Immigration is a contentious topic. To complicate it further, immigration should often be broken down into several distinct topics. It can mean legal or illegal immigration, it can mean permanent or temporary visas, and it can mean preventing future flows or managing existing stocks.

Perspectives on PolicyFeatured

Foundations Of Immigration Reform

by Edward Paul Lazearvia PolicyEd
Wednesday, March 13, 2019

America’s immigration system needs to be reformed in order to handle modern challenges of immigration. Long lines to get in exist alongside millions of undocumented immigrants already in the country. To deal with both of these problems, Congress should rebalance our system to encourage more work-based visas for those wanting to work in the US, and it should bring illegal immigrants back into the system through a special visa that puts them at the back of the line for permanent residency.

Interviews

Santelli Exchange: Lazear On The Jobs Report

interview with Edward Paul Lazearvia CNBC
Friday, March 8, 2019

Hoover Institution fellow Ed Lazear discusses higher wages despite less hours worked, fewer part-time workers, and the implications for Fed policy.

Policy BriefsFeatured

Edward Lazear On How To Reduce Income Inequality

by Edward Paul Lazearvia PolicyEd
Thursday, February 21, 2019

Tax policy and redistribution do not solve the underlying structural problem of income inequality. Redistribution and tax policy are only temporary fixes. For a permanent solution, we need to focus on reducing the skills gap by increasing the skills of individuals at the bottom of the income distribution.

Featured

Edward Lazear On How To Reduce Income Inequality

by Edward Paul Lazearvia PolicyEd
Thursday, February 21, 2019

Tax policy and redistribution do not solve the underlying structural problem of income inequality. Redistribution and tax policy are only temporary fixes. For a permanent solution, we need to focus on reducing the skills gap by increasing the skills of individuals at the bottom of the income distribution.

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There’s Room to Grow

by Edward Paul Lazearvia Hoover Digest
Friday, January 25, 2019

The economy appears to be approaching full employment—without approaching limits on its ability to keep expanding. We’re going well, in a word, but not overdoing it.

Policy InsightsFeatured

Policy Insights: Free Trade

featuring Milton Friedman, John B. Taylor, John H. Cochrane, Edward Paul Lazear, Michael J. Boskin, Richard A. Epstein, Russell Roberts, Tom Churchvia PolicyEd
Wednesday, January 23, 2019

After a generation of trade liberalizations, many Americans—on the left and the right—are having second thoughts.

IntellectionsFeatured

Enhancing Economic Growth Through Immigration

by Edward Paul Lazearvia PolicyEd
Thursday, January 17, 2019

Immigration has always been a vital component of economic growth in the United States, and certain types of immigrants are more likely to start businesses than others. Younger, more educated immigrants are more likely to be entrepreneurial, as are immigrants who come from countries that haven’t traditionally sent many people to America. The United States could boost its economy if it rebalanced its immigration system to give them a preferred path for green cards.

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