IZA Institute of Labor Economics

Last updated
IZA - Institute of Labor Economics
Forschungsinstitut zur Zukunft der Arbeit
AbbreviationIZA
Formation1998;26 years ago (1998)
TypeEconomic research institute and think tank
Legal statusnon-profit limited liability company
Location
President
Klaus Zumwinkel
Director
Simon Jäger
Website www.iza.org

The IZA - Institute of Labor Economics (German : Forschungsinstitut zur Zukunft der Arbeit), until 2016 referred to as the Institute for the Study of Labor (IZA), is a private, independent economic research institute and academic network focused on the analysis of global labor markets and headquartered in Bonn, Germany. [1]

Contents

History

Founded in 1998, IZA is a non-profit limited-liability organization supported by the Deutsche Post Foundation [2] and other national and international sources. [3]

Restructuring

On March 1, 2016, the Institute for the Study of Labor was restructured by Klaus Zumwinkel, CEO of the Deutsche Post Stiftung and president of IZA. A new institute on behavior and inequality research was founded while IZA will put more emphasis on policy-relevant research. Founding director Klaus F. Zimmermann, who did not accept these developments, left IZA on 1 March 2016. [4]

Work

IZA headquarters in 2008 IZA Bonn 2008.jpg
IZA headquarters in 2008

IZA runs the world's largest research network in economic science, comprising over 1,300 international Research Fellows and Affiliates, as well as Policy Fellows from business, politics, society and the media. [5]

As of December 2014, the RePEc ranks IZA second of the top worldwide economic institutions in the field of labour economics [6] as well as second of the top worldwide think tanks. [7] In Germany it is the number one top economic institution. [8]

In conducting labor market research, IZA cooperates closely with the Economics Department at the University of Bonn and the department's graduate education program at the Bonn Graduate School of Economics. [9]

IZA's main focus is the economic analysis of national and international labor markets within a broad range of research areas. Furthermore, IZA provides policy advice on crucial labor market issues for national and international policy institutions. [3]

Research

IZA's research activities currently concentrate on eleven program areas providing high-standard labor market research on a wide array of topics:

  • Evaluation of Labor Market Programs
  • Education
  • Gender and Family
  • Behavioral and Personnel Economics
  • Labor Markets and Institutions
  • Environment and Labor Markets
  • Labor in the Macroeconomy
  • Labor Statistics
  • Mobility and Migration
  • Labor in Emerging and Post-Transition Economies
  • Employment and Development

To promote research on labor markets in developing countries, IZA launched in 2006, together with the World Bank, a joint research program on "Employment and Development". [10] In addition, in its special research area "Growth and Labor Markets in Low Income Countries", IZA coordinates for the UK Department for International Development a substantial research program to promote growth and employment in low income countries. [11]

Publications

IZA publishes the series Research in Labor Economics together with Emerald Group Publishing.

In addition, it publishes the IZA journal series, which consists of three open access journals that focus on different aspects of international labor markets. The journals are published on IZA's behalf by Sciendo and do not charge any author fees. They were started in 2012 as 5 journals. [12] The three journals are:

The two defunct journal are

Since May 2014, IZA publishes, together with Bloomsbury Publishing, IZA World of Labor , an open access resource providing empirically founded research articles on labor economics for a non-academic readership. [13]

Awards

IZA Prize in Labor Economics

Since 2002 IZA awards yearly the IZA Prize in Labor Economics for exceptional academic accomplishments in the field of labor economics. [14] It is endowed with an award of 50,000 euros and is among the most prestigious economics awards worldwide.

Young Labor Economist Award

In 2006, IZA also established the "IZA Young Labor Economist Award" to honor an outstanding published paper in labor economics written by researchers under 40 years of age at the time of publication. The prize money of 5,000 Euros is shared between the authors. [15] Winners include:

Related Research Articles

<span class="mw-page-title-main">Richard Blundell</span> British economist (born 1952)

Sir Richard William Blundell CBE FBA is a British economist and econometrician.

<span class="mw-page-title-main">Jan Švejnar</span> Czech economist (born 1952)

Jan Švejnar is a United States-based, Czech-born economist. He was a candidate for the 2008 election of the President of the Czech Republic.

<span class="mw-page-title-main">Raj Chetty</span> American economist

Nadarajan "Raj" Chetty is an Indian-American economist and the William A. Ackman Professor of Public Economics at Harvard University. Some of Chetty's recent papers have studied equality of opportunity in the United States and the long-term impact of teachers on students' performance. Offered tenure at the age of 28, Chetty became one of the youngest tenured faculty in the history of Harvard's economics department. He is a recipient of the John Bates Clark Medal and a 2012 MacArthur Fellow. Currently, he is also an advisory editor of the Journal of Public Economics. In 2020, he was awarded the Infosys Prize in Economics, the highest monetary award recognizing achievements in science and research, in India.

Almas Heshmati is a Swedish-Iranian economist. Currently, he is professor of economics at Sogang University and Jönköping International Business School. He is a member of IZA, the Bonn-based Institute for the Study of Labour.

<span class="mw-page-title-main">Armin Falk</span> German economist (born 1968)

Armin Falk is a German economist. He has held a chair at the University of Bonn since 2003.

Michael Andrew Clemens is an American economist who studies international migration and global economic development.

<span class="mw-page-title-main">Adriana Kugler</span> American economist (born 1969)

Adriana Debora Kugler is an American economist who serves as a member of the Federal Reserve Board of Governors. She previously served as U.S. executive director at the World Bank, nominated by President Joe Biden and confirmed by the U.S. Senate in April 2022. She is a professor of public policy at Georgetown University's McCourt School of Public Policy and is currently on leave from her tenured position at Georgetown. She served as the Chief Economist to U.S. Labor Secretary Hilda L. Solis from September 6, 2011 to January 4, 2013.

The Central European Labour Studies Institute (CELSI) is a non-profit research institute based in Bratislava, Slovakia that fosters multidisciplinary research about the functioning of labour markets and institutions, work and organizations, business and society, and ethnicity and migration in the economic, social, and political life of modern societies.

<span class="mw-page-title-main">Klaus Zimmermann (economist)</span> German economist

Klaus Felix Zimmermann is a German economist and emeritus professor of economics at Bonn University. Additionally, he is an honorary professor at Maastricht University, the Free University of Berlin and the Renmin University of China as well as president of the Global Labor Organization. His research interests include population, labour, development and migration, with Zimmermann being among the leading economists on the topic of migration.

<span class="mw-page-title-main">Oriana Bandiera</span> Italian economist

Oriana Bandiera, FBA is an Italian development economist and academic, who is currently the Sir Anthony Atkinson Professor of Economics at the London School of Economics. Her research focuses on development, labour, and organisational economics. Outside of her academic appointment, she is co-editor of Econometrica, and an affiliate of the Centre for Economic Policy Research and Bureau for Research and Economic Analysis of Development. A fellow of the Econometric Society and the British Academy, she received the Yrjö Jahnsson Award in 2019, an award granted annually to the best European economist(s) under the age of 45.

Eric Edmonds is a development economist and Professor of Economics at Dartmouth College. His research focuses on child and forced labor, human trafficking, youth migration, and human capital in developing countries with the purpose of improving policy in these areas.

Nicola Fuchs-Schündeln is a German economist and currently holds the Chair for Macroeconomics and Development at the Goethe University Frankfurt. Her research has been awarded the Gossen Prize in 2016 and the Leibniz Prize in 2018. The Leibniz award is considered to be one of the highest scientific awards in all of Germany.

Uwe Sunde is a German economist and currently Professor of Economics at the Ludwig Maximilian University of Munich (LMU) as well as a Research Professor in the ifo Center for Labour and Demographic Economics. Sunde's research interests include long-term development and growth, political economy, labour economics, population economics, and behavioural economics. In 2015, his research on risk preferences and on the role of life expectancy and human capital for long-term economic development earned him the Gossen Prize.

<span class="mw-page-title-main">Pierre Cahuc</span> French economist

Pierre Cahuc is a French economist who currently works as Professor of Economics at Sciences Po. He is Program Director for the IZA Institute of Labor Economics's programme "Labour Markets" and research fellow at CEPR. His research focuses mainly on labour economics and its relationship with macroeconomics. In 2001, he was awarded the Prize of the Best Young Economist of France for his contributions to economic research. He belongs to the most highly cited economists in France and Europe's leading labour economists.

Deborah Ann Cobb-Clark is an Australian economist. She is currently working as a Professor in the University of Sydney and as a Chief Investigator in the ARC Centre of Excellence for Children and Families over the Life Course. She has also worked in Bonn, Germany at the Institute for the Study of Labor (IZA) since 2000, where she holds the position of director of the Program in Gender and Families.

<span class="mw-page-title-main">Oded Stark</span> Economist

Oded Stark is an economist and Distinguished Fellow at the Center for Development Research, University of Bonn, Distinguished Professor at the University of Warsaw, and Adjunct Professor at the University of Tuebingen.

Catalina Amuedo-Dorantes is a Spanish economist, a Professor in the Economics and Business Management faculty at the University of California, Merced and a Professor and Department Chair at San Diego State University. Since 2015, she has been the Western Representative for a standing committee called the Committee for the Status of Women in the Economics Profession (CSWEP). Her field of work focuses on the fundamentals of labour economics and international migration, particularly the nature of immigration policies and its impact on migrant's assimilation into the community at a state and local level. Amuedo-Dorantes has published multiple articles in refereed journals including Journal of Public Economics, Journal of Population Economics, International Migration, and Journal of Development Economics.

Barbara Sianesi is an Italian economist currently a senior research economist at the Institute for Fiscal Studies in London. She obtained her PhD from University College London and a BA in economics from Bocconi University.

Andrea Weber is an applied labor economist and currently a professor at the Central European University. She is a co-editor of the Journal of Public Economics.

<span class="mw-page-title-main">Marco Vivarelli</span> Italian economist and professor

Marco Vivarelli is an Italian economist, full professor and director of the Department of Economic Policy at the Università Cattolica del Sacro Cuore, Milan.

References

  1. "IZA - Institute for the Study of Labor". socialcapitalgateway.org. Retrieved 3 February 2015.
  2. "History". Deutsche Post Foundation. Retrieved 6 December 2016.
  3. 1 2 "German Think Tanks - Research and Science in Germany - Research Centres from A to Z". Goethe-Institut. Retrieved 3 February 2015.
  4. "Strategic Restructuring of the Institute for the Study of Labor (IZA)" (PDF). Institute for the Study of Labor. 15 December 2015. Retrieved 17 February 2016.
  5. Dietmar Henning (26 January 2015). "German corporations call for new forms of workplace extension". World Socialist Website . Retrieved 3 February 2015.
  6. "Field Rankings at IDEAS: Labour Economics". repec.org. IDEAS. December 2014. Retrieved 3 February 2015.
  7. "Rankings at IDEAS: Think Tanks". repec.org. IDEAS. December 2014. Retrieved 3 February 2015.
  8. "Within Country and State Rankings at IDEAS: Germany". repec.org. IDEAS. December 2014. Retrieved 3 February 2015.
  9. "Klaus F. Zimmermann". uni-bonn.de. Archived from the original on 3 February 2015. Retrieved 3 February 2015.
  10. "Labor Markets - Partnerships". World Bank. Retrieved 3 February 2015.
  11. "DFID - Research for Development > IZA/DFID Growth and labour markets in low income countries (LICs) programme". Department for International Development. Archived from the original on 19 January 2015. Retrieved 3 February 2015.
  12. Olaf Siegert (27 November 2012). "EconStor Blog » Blog Archive » IZA launches 5 new Open Access Journals". econstor.eu. ZBW. Retrieved 3 February 2015.
  13. "IZA World of Labor". The Jobs Knowledge Platform (Press release). Retrieved 2015-04-10.
  14. "Professor Dan Hamermesh Wins Yet Another Prestigious Award - Economics home". royalholloway.ac.uk. Royal Holloway University of London. 19 July 2013. Retrieved 3 February 2015.
  15. "News & Announcements:Congrats to Prof. Amalia Miller on her IZA Young Labor Economist Award". virginia.edu. University of Virginia. Retrieved 3 February 2015.
  16. "The NBER Reporter Winter 20062007: Bureau News" . Retrieved 3 February 2015.
  17. "LSE STICERD News and Visitors". Archived from the original on 3 February 2015. Retrieved 3 February 2015.
  18. "Fabian lange - Publications". yale.edu. Retrieved 3 February 2015.
  19. "Alexandre Mas receives 2009 IZA Young Labor Economist Award". Woodrow Wilson School of Public and International Affairs. 2013-09-10. Retrieved 3 February 2015.
  20. "Harvard Faculty Raj Chetty CV" (PDF). Archived from the original on 3 February 2015. Retrieved 3 February 2015.
  21. "The IZA Young Labor Economist Award 2011". ox.ac.uk. Retrieved 3 February 2015.
  22. "IZA Young Labor Economist Award". ucdavis.edu. Archived from the original on 3 February 2015. Retrieved 3 February 2015.
  23. "Brad Hershbein shares 2013 IZA Young Labor Economist Award". upjohn.org. 20 (4). 2013. doi:10.17848/1075-8445.20(4) . Retrieved 3 February 2015.
  24. "Heinz College News - Carnegie Mellon University's Heinz College". cmu.edu. Retrieved 3 February 2015.

Further reading