Kathryn Shaw

Research Statement

Kathryn Shaw’s most recent research focuses on managing talent in high performance organizations. She studies how firms attract and build star talent in the software industry and in a wide range of knowledge-intensive industries. More broadly, Professor Shaw studies how companies can achieve measurable rates of return from investing in human resource management practices that are aimed at improving the performance of workers or teams of workers. She is identified as a co-developer of the field of “insider econometrics,” in which researchers use internal “inside” company data to study the performance gains from practices such as teamwork and incentive pay.

Bio

Kathryn Shaw   is the Ernest C. Arbuckle Professor of Economics at the Graduate School of Business, Stanford University. Previously, Shaw was the Ford Distinguished Research Chair and Professor of Economics at the business school at Carnegie Mellon University. She completed her PhD in economics at Harvard University in 1981. Professor Shaw served as a Senate-confirmed Member of President Clinton’s Council of Economic Advisers, 1999-2001, and has been an editor of the Journal of Labor Economics.

In recent work, Shaw evaluates the importance of bosses in improving the productivity of their subordinates.  She (and her co-authors) show that that a good boss can markedly improve his subordinate’s productivity now and into the future as the worker moves on.  Shaw has also developed an interest in entrepreneurship, showing that serial entrepreneurs develop intangible capital that they take with them as they move from their first firm to a new more productive firm.  In earlier work that has been published in the American Economic Review, and Management Science, she and her colleagues evaluate the effectiveness of complementary teamwork practices in the steel industry. She has also focused on the performance gains from new information technologies and the changes in management strategy towards product customization that enhance returns to investment. In related work on incentives in franchising, she shows how the optimal use of franchise contracts can increase brand value for franchise companies. Her research has been extensively funded by the National Science Foundation, the Alfred P. Sloan Foundation, the Russell Sage and Rockefeller Foundations, and the Department of Labor.

In 2001, Shaw received the Columbia University award for the best paper on international business, and in 1998, she was honored as the recipient of the Minnesota Award for Employment Research for the best paper in 1997-98 on the topic of employment issues. She held a Stanford Graduate School of Business Trust Faculty Fellow in 2005-2006. She has been the recipient of the Xerox Research Chair, has served on a Research Panel of the NSF, and was an Editor of the Review of Economics and Statistics. At Carnegie Mellon University, Shaw received the Award for Sustained Teaching Excellence, the Economics Department Teaching Award, was Chair of the Faculty Senate, and was Head of the Department of Industrial Management.

Academic Degrees

• PhD, Economics, Harvard University, 1981
• AB, Economics & Mathematics, Occidental College, 1976

Academic Appointments

• At Stanford University since 2003
• Visiting Professor, IZA, May 2014
• Visiting Professor, University of Paris, December 2009
• Ford Distinguished Research Chair, Professor of Economics, Graduate School of Industrial Administration, Carnegie Mellon University, 2002-2003
• Professor of Economics, Graduate School of Industrial Administration, Carnegie Mellon University, 1997-2003
• Associate Professor of Economics with Tenure, Graduate School of Industrial Administration, Carnegie Mellon University, 1994-1997
• Associate Professor of Economics, Graduate School of Industrial Administration, Carnegie Mellon University, 1989-1994
• Assistant Professor of Economics, Graduate School of Industrial Administration, Carnegie Mellon University, 1981-1989

Professional Experience

• Council of Economic Advisors, Executive Office of the President Member (Senate Confirmed, June 2000), 1999-2001
• Affiliated Faculty, Heinz School of Public Policy, Carnegie Mellon University, 1996-2003
• Department Head, Industrial Management Department, 1987-1990
• Department Head, Economics Department (Acting), 1989
• Visiting Economist, Board of Governors of the Federal Reserve, 1984-1986
• Assistant Head Tutor in Economics, Harvard University, 1978-1981
• Research Staff Economist, Center for Policy Alternatives, MIT, 1977-1979

Awards and Honors

• Trust Faculty Fellow, Stanford GSB, 2011-2012
• Fellow, Society for Labor Economics, 2008
• Trust Faculty Fellow, Stanford GSB, 2005-2006
• Special Award for Sustained Teaching Excellence, Economics Department, Carnegie Mellon University, 2003
• Teaching Award Commendation, Carnegie Mellow University Business School, 2002
• Best Paper on International Business, Columbia University, 2001
• Teaching Award Commendation, Carnegie Mellow University Business School, 2000
• Teaching Award Commendation, Carnegie Mellow University Business School, 1999
• Minnesota Award for Best Paper on employment Institutions, 1998
• Xerox Research Chair, GSIA, Carnegie Mellon University, 1992-1993
• Teaching Award, Carnegie Mellow University, Department of Economics, 1992
• Harvard University Graduate Student Fellowship, 1976-1979
• Phi Beta Kappa, Magna cum laude, Departmental honors in Economics, 4.0 Graduate in Mathematics, Occidental College, 1976
• Valedictorian, Verdugo Hills High School, 1972