TY  - JOUR
AU  - Lazear,Edward P.
AU  - Oyer,Paul
TI  - Personnel Economics
JF  - National Bureau of Economic Research Working Paper Series
VL  - No. 13480
PY  - 2007
Y2  - October 2007
UR  - http://www.nber.org/papers/w13480
L1  - http://www.nber.org/papers/w13480.pdf
N1  - Author contact info:
Edward P. Lazear
Graduate School of Business
Stanford University
Stanford, CA 94305
Tel: 650/723-9136
Fax: 650/723-0498
E-Mail: lazear@stanford.edu

Paul Oyer
Graduate School of Business
Stanford University
518 Memorial Way
Stanford, CA 94305-5015
Tel: 650/736-1047
Fax: 650/725-0468
E-Mail: pauloyer@stanford.edu
AB  - In this review of the personnel economics literature, we introduce key topics of personnel economics, focus on some relatively new findings that have emerged since prior reviews of some or all of the personnel economics literature, and suggest open questions in personnel economics where future research can make valuable contributions to the literature. We explore five aspects of the employment relationship - incentives, matching firms with workers, compensation, skill development, and the organization of work - reviewing the main theories, empirical tests of those theories, and the open questions in each area.
ER  -