American Economic Association recognizes Edward Lazear

The American Economic Association (AEA) has named EDWARD LAZEAR, the Davies Family Professor of Economics at Stanford Graduate School of Business and the Morris Arnold and Nona Jean Cox Senior Fellow at the Hoover Institution, a recipient of its 2019 Distinguished Fellow awards.

Edward Lazear
Edward Lazear (Courtesy Stanford GSB)

According to a press release, the Distinguished Fellow awards recognize the lifetime research contributions of distinguished economists.

Lazear is being honored for his focus on the analysis of why workers and employers behave as they do in the labor market, and his pathbreaking research that established the subfield of “personnel economics.” This subfield in labor economics focuses on the employment arrangements that provide incentives for worker productivity and induce workers to cooperate effectively in large establishments.

Established in 1885, the AEA is a scholarly association dedicated to the discussion and publication of economics research and to encouraging perfect freedom of economic discussion.