Institute for the Study of Labor

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Institute for the Study of Labor
IZA Bonn 2008.jpg
Abbreviation IZA
Type Economic research think tank
Legal status Limited liability company
Klaus Zumwinkel
Klaus F. Zimmermann

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


Founded in 1998 IZA is a non-profit limited-liability organization headed by Professor Klaus F. Zimmermann. As an independent non-profit institution, IZA draws financial support from the research-sponsoring activities of the Deutsche Post-Foundation[2] and other national and international sources.[3]

It 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.[4]

According to the RePEc-Ranking as of November 2014 IZA is ranked globally as No. 2 of the top worldwide economic institutions in the field of labour economics[5] as well as No.2 of the top wordwide think tanks.[6] In Germany it is the No.1 top economic institution.[7]

In conducting labor market research, IZA cooperates closely with the Economics Department at the University of Bonn where IZA Director Klaus F. Zimmermann holds a position as full professor of economics, as well as the department's graduate education program at the Bonn Graduate School of Economics (BGSE).[8]

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.[9]


  • President: Klaus Zumwinkel
  • Director: Klaus F. Zimmermann
  • Director of Administration: Martin T. Clemens
  • Director of Research: Corrado Giulietti
  • Director of Data and Technology: Nikos Askitas
  • Director of Strategy and Research Management: Alessio J.G. Brown
  • Director of Labor Policy Europe: Werner Eichhorst
  • Director of Labor Policy Germany: Alexander Spermann



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

  • Evaluation of Labor Market Programs
  • Behavioral and Personnel Economics
  • Migration
  • Labor Markets and Institutions
  • Labor Markets in Emerging and Transition Economies
  • The Future of Labor
  • Employment and Development
  • Environment and Employment


IZA Journal Series[edit]

The IZA Journal Series[11][12] consists of five journals owned by IZA which they describe as "international academic journals in labor economics and related fields." The journals are published on IZA's behalf by Springer Science+Business Media since 2012.

  • IZA Journal of Labor Economics
  • IZA Journal of Labor Policy
  • IZA Journal of Migration
  • IZA Journal of Labor & Development
  • IZA Journal of European Labor Studies

Journal of Population Economics[edit]

The institute is also associated with a sixth journal, the Journal of Population Economics, which covers the "relationships between economic and demographic problems."[13]

IZA Prize in Labor Economics and Young Labor Economist Award[edit]

IZA Prize in Labor Economics[edit]

Since 2002 IZA awards yearly the IZA Prize in Labor Economics for exceptional academic accomplishments in the field of labor economics.[14] Endowed with an award of 50,000 euros it is among the most prestigious economics awards worldwide[15] and is the only international science prize awarded exclusively to labor economists.[16] Past laureates include:

Young Labor Economist Award[edit]

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.[27] Winners include:


  1. ^ "IZA - Institute for the Study of Labor -". 
  2. ^ "Ziele". Deutsche Post-Stiftung. 
  3. ^ "German Think Tanks - Research and Science in Germany -
    Research Centres
    from A to Z - Goethe-Institut "
  4. ^
  5. ^ "Field Rankings at IDEAS: Labour Economics". 
  6. ^ "Rankings at IDEAS: Think Tanks". 
  7. ^ "Within Country and State Rankings at IDEAS: Germany". 
  8. ^ "Klaus F. Zimmermann". 
  9. ^ "German Think Tanks - Research and Science in Germany -
    Research Centres
    from A to Z - Goethe-Institut "
  10. ^ retrieved 30.01.2015
  11. ^ Amelie F. Constant (June 2013). "The IZA Journals". Retrieved 2014-03-28. 
  12. ^ "IZA Journals". Retrieved 2014-03-28. 
  13. ^ "IZA Institute for the Study of Labor – Journals". Retrieved 2014-03-28. Open access publishing provides immediate, worldwide, barrier-free access to the full text of research articles by everyone interested. 
  14. ^ a b "Royal Holloway - Professor Dan Hamermesh Wins Yet Another Prestigious Award - Economics home". 
  15. ^ a b "USC Economist Receives Top Labor Economics Award". 
  16. ^ a b "IZA Prize in Labor Economics". 
  17. ^ "Columbia News ::: Father of Modern Labor Economics Jacob Mincer Honored for Critical Contributions to the Field". 
  18. ^ "Princeton University - Ashenfelter receives 2003 IZA Prize in Labor Economics". 
  19. ^ "Edward Lazear". Stanford Graduate School of Business. 
  20. ^ "LSE academic awarded IZA Prize in Labor Economics 2005". 
  21. ^ "Princeton University - Krueger to receive IZA Prize in Labor Economics". 
  22. ^ "Richard B. Freeman's Home Page". 
  23. ^ "Francine Blau receives top labor economics award - Cornell Chronicle". 
  24. ^ Harvard Kennedy School. "Harvard Kennedy School - George Borjas Named Co-Winner of 2011 IZA Prize in Labor Economics". 
  25. ^ "Richard Blundell awarded the 2012 IZA Prize in Labor Economics'". 
  26. ^ "Cornell Daily Sun". The Sun. 
  27. ^
  28. ^
  29. ^
  30. ^
  31. ^
  32. ^
  33. ^
  34. ^
  35. ^
  36. ^


External links[edit]