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]

Research

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".^[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:

• IZA Journal of Labor Economics
• IZA Journal of Labor Policy
• IZA Journal of Development and Migration (formerly IZA Journal of Migration)

The two defunct journal are

• IZA Journal of Labor & Development
• IZA Journal of European Labor Studies

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]

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:

• 2006: Enrico Moretti::Moretti, Enrico (2004). "Estimating the Social Return to Higher Education: Evidence from Longitudinal and Repeated Cross-Sectional Data" (PDF). Journal of Econometrics. 121 (1–2): 175–212. doi:10.1016/j.jeconom.2003.10.015. S2CID 5571833.^[16]
• 2007: Oriana Bandiera, Iwan Barankay, Imran Rasul::Bandiera, O.; Barankay, I.; Rasul, I. (2005). "Social Preferences and the Response to Incentives: Evidence from Personnel Data". Quarterly Journal of Economics. 120 (3): 917–962. doi:10.1093/qje/120.3.917.^[17]
• 2008: Fabian Lange::Lange, Fabian (2007). "The Speed of Employer Learning". Journal of Labor Economics. 25 (1): 1–35. CiteSeerX 10.1.1.453.6183. doi:10.1086/508730. S2CID 43799154.^[18]
• 2009: Alexandre Mas::Mas, Alexandre (2008). "Labour Unrest and the Quality of Production: Evidence from the Construction Equipment Resale Market". Review of Economic Studies. 75 (1): 229–258. doi:10.1111/j.1467-937X.2007.00461.x. S2CID 17148622.^[19]
• 2010: Raj Chetty::Chetty, Raj (2008). "Moral Hazard versus Liquidity and Optimal Unemployment Insurance" (PDF). Journal of Political Economy. 116 (2): 173–234. doi:10.1086/588585. S2CID 2435688.^[20]
• 2011: Johannes Abeler, Steffen Altmann, Sebastian Kube, Mathias Wibral::Abeler, Johannes; Altmann, Steffen; Kube, Sebastian; Wibral, Matthias (2010). "Gift Exchange and Workers' Fairness Concerns: When Equality is Unfair" (PDF). Journal of the European Economic Association. 8 (6): 1299–1324. doi:10.1111/j.1542-4774.2010.tb00556.x. S2CID 9920681.^[21]
• 2012: Scott Carrell and Mark Hoekstra::Carrell, Scott E.; Hoekstra, Mark L. (2010). "Externalities in the Classroom: How Children Exposed to Domestic Violence Affect Everyone's Kids". American Economic Journal: Applied Economics. 2 (1): 211–228. CiteSeerX 10.1.1.297.5273. doi:10.1257/app.2.1.211.^[22]
• 2013: Martha Bailey, Brad Hershbein and Amalia Miller::Bailey, Martha J; Hershbein, Brad; Miller, Amalia R (2012). "The Opt-In Revolution? Contraception, Fertility Timing and the Gender Gap in Wages". American Economic Journal: Applied Economics. 4 (3): 225–254. doi:10.1257/app.4.3.225. PMC 3684076. PMID 23785566.^[23]
• 2014: Brian K. Kovak::Kovak, Brian K (2013). "Regional Effects of Trade Reform: What is the Correct Measure of Liberalization?" (PDF). American Economic Review. 103 (5): 1960–1976. doi:10.1257/aer.103.5.1960.^[24]