Kathryn Shaw

Ernest C. Arbuckle Professor of Economics

Director of the Summer Institute for General Management

GSB Trust Faculty Fellow for 2012-2013

Phone: (650) 725-4168

Email: [email protected]

Personal Homepage: https://faculty-gsb.stanford.edu/shaw/

CV: ShawCV

Academic Areas: Economics

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 is an editor of the Journal of Labor Economics.

In 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. Recently, she has turned to studying 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 is 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, Harvard University, 1981; AB, Occidental College, 1976.

Professional Experience

At Stanford since 2003.

Ford Distinguished Research Chair, Professor of Economics, Graduate School of Industrial Administration, Carnegie Mellon University, 2002-2003; Professor of Economics, 1997-2003; Associate Professor of Economics with Tenure, 1994-1997; Associate Professor of Economics, 1989-1994; Assistant Professor of Economics, 1981-1989.

Selected Publications

  • Beyond Incentive Pay: Insiders' Estimates of the Value of Complementary Human Resource Management Practices: Journal of Economic Perspectives, 2003
  • Social Capital and Organizational Change in High-Involvement and Traditional Work Organizations: Journal of Economics and Management Strategy, 2002
  • The Dynamics of Franchise Contracting: Evidence from Panel Data: Journal of Political Economy, 1999
  • The Effects of Human Resource Systems on Productivity: An International Comparison of U.S. and Japanese Plants: Management Science, 1999
  • The Effects of Human Resource Management Practices on Productivity: American Economic Review, 1997

Selected Cases

  • E203: Amy Baker
  • E277: Performance Evaluations: Bialecki Inc.
  • E285: Shiny and New: The Evolution of ISG and ArcelorMittal Steel
  • E278: Cinepolis: Changes to a Family-Owned Company
  • E207A: Sheryle Bolton (A)

Awards and Honors

  • Special Award for Sustained Teaching Excellence, 2003, Economics Department, Carnegie Mellon University
  • Teaching Award Commendation, 2002, CMU Business School
  • Best Paper on International Business, 2001, Columbia University
  • Teaching Award Commendation, 2000, CMU Business School
  • Teaching Award Commendation, 1999, CMU Business School

Courses Taught

Centers/Programs

Affiliations

  • Research Fellow: CEPR (2004 - present)
  • Research Fellow: Center for Corporate Performance, Denmark (2004 - present)
  • Research Associate: National Bureau of Economic Research (1995 - present)