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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Recent Commentary

America at Work

by Edward Paul Lazear, Katherine Baickervia Hoover Digest
Sunday, July 30, 2006

The U.S. economy continues to add jobs—2 million last year alone—and unemployment remains low. Edward P. Lazear and Katherine Baicker explain how to keep it up.

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That Rarest of Opportunities

by Edward Paul Lazear, James M. Poterbavia Hoover Digest
Monday, January 30, 2006

Opportunities for true tax reform come along rarely, but the time is at hand. A report from two members of the President’s Advisory Panel on Federal Tax Reform, Edward P. Lazear and James M. Poterba.

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Private Accounts for Social Security?

by Edward Paul Lazearvia Hoover Digest
Saturday, April 30, 2005

Debunking the myths of Social Security privatization. By Edward P. Lazear.

Analysis and Commentary

The Plight of Immigrants from Mexico

by Edward Paul Lazearvia Hoover Daily Report
Wednesday, November 10, 2004

Mexicans often do poorly because they have been part of a large wave of immigrants who have similar cultures, languages, and backgrounds.

Teachers for the New Century

by Edward Paul Lazearvia Hoover Digest
Thursday, January 30, 2003

To improve our public schools we need better teachers. Hoover fellow Edward P. Lazear explains how to get them.

Education in the Twenty-first Century

Education in the Twenty-first Century

by Edward Paul Lazearvia Books by Hoover Fellows
Tuesday, January 1, 2002

In this thought-provoking volume, scholars offer evidence, insights, and ideas on key policy questions affecting education—such as national exams, accountability, performance, and other vital issues, while detailing the importance of education to both the individual and society as a whole.

How to Put Unemployment Insurance to Work

by Edward Paul Lazearvia Hoover Digest
Sunday, April 30, 2000

The nation’s unemployment insurance program isn’t working. Here’s how to fix it. By Hoover fellow Edward P. Lazear.

Smaller Class Size No Magic Bullet

by Edward Paul Lazearvia Hoover Digest
Sunday, January 30, 2000

Smaller classes may be touted as the best way to improve our public schools, but what our schools really need is better teachers. By Hoover fellow Edward P. Lazear.

Analysis and Commentary

Making Unemployment Insurance Work

by Edward Paul Lazearvia Hoover Daily Report
Monday, December 6, 1999

The main purpose of unemployment insurance is to cushion temporary, unanticipated spells of unemployment.

Whose Boom Is It, Anyway?

by Edward Paul Lazearvia Hoover Digest
Friday, April 30, 1999

President Clinton and Hoover fellow Edward P. Lazear agree that the president deserves credit for the current economic expansion. They just disagree about which president.

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