Forschungsinstitut zur Zukunft der Arbeit
|Type||Economic research institute and think tank|
|Legal status||non-profit limited liability company|
The IZA - Institute of Labor Economics (German : Forschungsinstitut zur Zukunft der Arbeit), until 2016 referred to as the Institute of 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.
Founded in 1998, IZA is a non-profit limited-liability organization supported by the Deutsche Post Foundationand other national and international sources.
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 the 1st of March 2016.
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.
As of December 2014 [update] , the RePEc ranks IZA second of the top worldwide economic institutions in the field of labour economics as well as second of the top worldwide think tanks. In Germany it is the number one top economic institution.
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.
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.
IZA's research activities currently concentrate on eleven program areas providing high-standard labor market research on a wide array of topics:
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".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.
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.The three journals 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.
Since 2002 IZA awards yearly the IZA Prize in Labor Economics for exceptional academic accomplishments in the field of labor economics.It is endowed with an award of 50,000 euros and is among the most prestigious economics awards worldwide.
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.Winners include:
Edward Paul Lazear was an American economist, the Morris Arnold and Nona Jean Cox Senior Fellow at the Hoover Institution at Stanford University and the Davies Family Professor of Economics at Stanford Graduate School of Business.
Sir Richard William Blundell CBE FBA is a British economist and econometrician.
Jan Švejnar is a USA-based, Czech-born economist. He was a candidate for the 2008 election of the President of the Czech Republic.
Nadarajan "Raj" Chetty is an Indian-born 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.
Harry Joseph Holzer is an American economist, educator and public policy analyst.
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.
Armin Falk is a German economist. He has held a chair at the University of Bonn since 2003.
Adriana Kugler is a Colombian-American economist and professor of public policy at Georgetown University. She served as the Chief Economist to U.S. Labor Secretary Hilda L. Solis from September 6, 2011 to January 4, 2013.
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.
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.
Siobhan Austen is an Australian economist and was a Professor of Economics and discipline lead of Economics at Curtin University until December 2020.
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 A. 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.
Yuriy Gorodnichenko is an economist and Quantedge Presidential professor at the University of California, Berkeley.
Paola Giuliano is an economist and currently the Justice Elwood Lui Endowed Term Chair in Management Professor of Management at the University of California, Los Angeles.
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.
Marco Vivarelli is an Italian economist, full professor and Director of the Department of Economic Policy at the Università Cattolica del Sacro Cuore, Milan.