How should firms select their employees? How should they design their compensation schemes such that employees are motivated to work hard? How do the performance and compensation of teammates influence workers' motivation and productivity? Personnel economics examines human resource practices and answers questions that are of paramount importance for business leaders around the globe. In this volume, Edward P. Lazear, a founding father of personnel economics and winner of the IZA Prize in Labor Economics 2004, takes stock of the economic analysis of personnel management, and the advancements and achievements that have been made in this field over the past 30 years. The book contains an impressive selection of Lazear's most important papers. It provides a unifying approach to human resource practices and a useful reference on personnel strategies such as hiring, motivating, and training an effective work force.

Inside the Firm: Contributions to Personnel Economics (IZA Prize in Labor Economics)

Business & Money

Lazear, Edward P.

Human Resources

Oxford University Press

Allocation of Income within the Household develops an important new economic model of income distribution within the family, one that attempts to determine which family characteristics affect spending patterns. Professors Lazear and Michael base their work on an analysis of the 1972-73 Consumer Expenditure Survey and test their conclusions against the 1960-61 survey to verify the persistence of the effects discovered. They find, for example, that the average household spends $38 per child for every $100 spent per adult and that the level of relative and absolute expenditure on the child rises with the level of education of the head of the household. Lazear and Michael also explore the implications their study may hold for the process of determining child support payments in households that dissolve. They argue that, unless the spending of every dollar can be monitored, alimony cannot be disentangled from child support. They also develop several criteria by which income might be distributed among family members, and, using one of those criteria, they present a series of tables that suggest the appropriate payment from one parent to another given family size, structure, and income level. Their model is particularly useful because it takes account of the ways other family members who were not part of the original household may contribute income to the new household. Other issues considered include the appropriate way to deal with children with special needs and the timing of transfer payments.

Allocation of Income within the Household

Michael, Robert T.

Economics

University of Chicago Press

Microeconomic Theory is a textbook on neoclassical price theory intended primarily for undergraduate students.

Microeconomic Theory

Gould, John P.

Richard D.Irwin

Contrary to popular opinion, human resources, in general, and personnel, in particular, are well-suited to economic analysis. Edward Lazear, who founded the subfield of personnel economics, provides a quick introduction for economists who have not studied the area. He clearly and engagingly summarizes his and others' work that has taken place during the past fifteen years, including recent advances in the field.Mainstream economic theory has been considered too abstract to be of much practical use in the hiring, organizing, and motivating of employees, leaving the field of personnel to industrial psychologists and sociologists. In this book Edward Lazear shows that economic analysis can be extended to an important, but traditionally neglected, class of practical problems. He shows that by adding more detail and structure to their theory, economists can make specific predictions and prescriptions for personnel issues that arise in business on a daily basis. Lazear focuses on compensation and its relation to worker motivation, selection, and teamwork. He also discusses job design, job evaluation, institutional arrangements, and directions for future research.

Personnel Economics (Wicksell Lectures)

Mit Pr

Contrary to popular opinion, human resources, in general, and personnel, in particular, are well-suited to economic analysis. Edward Lazear, who founded the subfield of personnel economics, provides a quick introduction for economists who have not studied the area.
Contrary to popular opinion, human resources, in general, and personnel, in particular, are well-suited to economic analysis. Edward Lazear, who founded the subfield of personnel economics, provides a quick introduction for economists who have not studied the area. He clearly and engagingly summarizes his and others' work that has taken place during the past fifteen years, including recent advances in the field.
Mainstream economic theory has been considered too abstract to be of much practical use in the hiring, organizing, and motivating of employees, leaving the field of personnel to industrial psychologists and sociologists. In this book Edward Lazear shows that economic analysis can be extended to an important, but traditionally neglected, class of practical problems. He shows that by adding more detail and structure to their theory, economists can make specific predictions and prescriptions for personnel issues that arise in business on a daily basis. Lazear focuses on compensation and its relation to worker motivation, selection, and teamwork. He also discusses job design, job evaluation, institutional arrangements, and directions for future research.

Personnel Economics (The Wicksell Lectures)

* How do you recruit the best employees? * How does a firm go about downsizing? * How important is money relative to other factors? * How and when should evaluations be conducted? * How should stock options be structured to maximize incentives? How are training and turnover linked? * Should you reward good performance or penalize bad performance? In this new book, Personnel Economics for Managers, Professor Lazear answers these and many other personnel management questions. His unique approach, using economics to explore human resource topics, builds human resource systems as an entire structure with no one department independent of another. After reading this book, you will finally have a detailed analysis in a field that has traditionally lacked the resources to back up theories and statements.

Personnel Economics for Managers

John Wiley&Sons, Inc.

Economics is a methodology that has been applied to many areas of human behavior, and has had enormous influence on the study of organizations and human resources. Developed by much of the founding research from Edward Lazear, this economic approach in these areas adds rigor, structure, and clarifies many important issues. 
The goal of this text is to give the reader a rigorous framework for understanding organizational design and the management of employees. Not only will students learn and apply ideas from microeconomics, but they will also learn principles that will be valuable in their future careers.

Personnel Economics in Practice

Gibbs, Michael

wiley

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.

Education in the Twenty-First Century

Investing

Hoover Institution Press

Economic necessity forces immigrants and minority members to acquire the culture and speak the language of the majority. A non-English speaker who lives in a community in which many speak the language of his native land may never learn English. The same person might learn English quickly were he or she to find him or herself in a community where only English is spoken.  Culture wars threaten to diminish America's ability to absorb new immigrants and to benefit from the diversity already present in our country. Much of the conflict is generated by government policy that reduces the incentives to become assimilated and exacerbates differences in the population. Education in one's native language, unbalanced immigration policies that result in large and stable ghettos, welfare availability, and encouragement of a multilingual society by allowing citizens to vote in languages other than English all reduce incentives to become assimilated. This essay explores patterns of cultural assimilation over time and makes policy recommendations that may bring a quicker end to the culture wars.

Culture Wars in America (Essays in Public Policy)

Health, Fitness & Dieting

Psychology & Counseling

See the best price to sell, buy, or rent books by Lazear, Edward P.. BookScouter helps to compare book prices from 25+ online bookstores and 30+ buyback vendors with a single search.

Books by Lazear, Edward P.

See the best price to sell, buy, or rent books by Lazear, Edward P.. BookScouter helps to compare book prices from 25+ online bookstores and 30+ buyback vendors with a single search.

Inside the Firm: Contributions to Personnel Economics (IZA Prize in Labor Economics)

Inside the Firm: Contributions to Personnel Economics (IZA Prize in Labor Economics)

Allocation of Income within the Household

Microeconomic Theory

Personnel Economics (Wicksell Lectures)

Personnel Economics (The Wicksell Lectures)

Personnel Economics for Managers

Personnel Economics in Practice

Education in the Twenty-First Century

Culture Wars in America (Essays in Public Policy)