Career
Lazear graduated from the University of California, Los Angeles with a bachelor's degree and master's degree in economics in 1971. He received his doctorate in economics from Harvard University in 1974.
From 1985 to 1992, he was a professor of Urban and Labor Economics at the University of Chicago. Since 1992, he has been an economics professor at Stanford Graduate School of Business. Lazear has served as a research assistant at the National Bureau of Economic Research, as well as a research fellow at the Centre for Economic Policy Research and the Institute for the Study of Labor. He is a Morris Arnold Cox Senior Fellow at Stanford University's Hoover Institution. In 1996, he founded the Society of Labor Economists. Prior to his nomination and confirmation as chief economic advisor to the President, Lazear was a member of Bush's tax reform advisory panel in 2005. Since 2010 he has been a Director of the DFA Fund Complex. The board meets four times a year, for which he received $188,000 in compensation for 2011.
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