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
President Klaus Zumwinkel
Director Klaus F. Zimmermann

The Institute for the Study of Labor (German: Institut zur Zukunft der Arbeit, IZA) is a private, independent economic research institute and academic network headquartered in Bonn, Germany.


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. 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. As an independent non-profit institution, IZA draws financial support from the research-sponsoring activities of the Deutsche Post-Foundation and other sources.


President is Klaus Zumwinkel, former CEO of Deutsche Post World Net.

Director is Klaus F. Zimmermann, who is also professor of economics at the University of Bonn and honorary professor at the Free University of Berlin and Renmin University of China as well as an advisor to Fair Observer.

Director of Research is Corrado Giulietti.


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

Within these research areas IZA offers a broad range of scientific events and publications, most of them downloadable on the IZA webpage. The highly influential IZA Discussion Paper Series is among the largest paper series in economics. IZA events comprise intensive workshops and research seminars on relevant labor market topics as well as large international conferences setting the agenda for future labor market research.


IZA Journal Series[edit]

The IZA Journal Series[1][2] is five journals owned by IZA which they describe as "international academic journals in labor economics and related fields." Publishing of these five journals, associated with Springer Verlag, began in 2012. These journals are available online.[3]

  • 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. As per the IZA, "The journal publishes original theoretical and applied research and survey articles on topics dealing with broadly defined relationships between economic and demographic problems."[3]

IZA Prize in Labor Economics[edit]

Since 2002 IZA awards the IZA Prize in Labor Economics which has become one of the most important prizes in economics worldwide. The past IZA Prize Laureates include:

In 2006, IZA has additionally 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. The prize-winners include:

"Estimating the Social Return to Higher Education: Evidence from Longitudinal and Repeated Cross-Sectional Data". Journal of Econometrics 121 (1–2): 175–212. 2004. doi:10.1016/j.jeconom.2003.10.015. 
"Social Preferences and the Response to Incentives: Evidence from Personnel Data". Quarterly Journal of Economics 120 (3): 917–962. 2005. doi:10.1093/qje/120.3.917. 
"The Speed of Employer Learning". Journal of Labor Economics 25 (1): 1–35. 2007. doi:10.1086/508730. 
"Labour Unrest and the Quality of Production: Evidence from the Construction Equipment Resale Market". Review of Economic Studies 75 (1): 229–258. 2008. doi:10.1111/j.1467-937X.2007.00461.x. 
"Moral Hazard versus Liquidity and Optimal Unemployment Insurance". Journal of Political Economy 116 (2): 173–234. 2008. doi:10.1086/588585. 
"Gift Exchange and Workers' Fairness Concerns: When Equality is Unfair". Journal of the European Economic Association 8 (6): 1299–1324. 2010. doi:10.1111/j.1542-4774.2010.tb00556.x. 
"Externalities in the Classroom: How Children Exposed to Domestic Violence Affect Everyone's Kids". American Economic Journal: Applied Economics 2 (1): 211–228. 2010. doi:10.1257/app.2.1.211. 


  1. ^ Amelie F. Constant (June 2013). "The IZA Journals". Retrieved 2014-03-28. 
  2. ^ "IZA Journals". Retrieved 2014-03-28. 
  3. ^ a b "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." 

External links[edit]