Lance J. Lochner, assistant professor of economics at the University of Rochester, has received a postdoctoral fellowship from the Hoover Institution for the 2001-02 year to continue his research on credit constraints.

Each year, the W. Glenn Campbell and Rita Ricardo-Campbell National Fellows Program invites about a dozen scholars from the United States and Canada to work on significant research projects at the Hoover Institution, a public policy research center on the campus of Stanford University.

Lochner's research interests include labor, public economics, economics of crime, and the economics of education. He has coauthored publications on such topics as the effects of taxes on schooling and training, rising wage inequality, and the determinants of juvenile crime.

Lochner received his master's and doctoral degrees in economics from the University of Chicago in 1998. He joined the Rochester faculty that same year, and has taught undergraduate courses in intermediate microeconomics and the economics of human behavior, and a graduate seminar in labor economics.