IZA Institute of Labor Economics

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.[1]

IZA - Institute of Labor Economics
Forschungsinstitut zur Zukunft der Arbeit
Institut zur Zukunft der Arbeit Logo.svg
Formation1998; 22 years ago (1998)
TypeEconomic research institute and think tank
Legal statusnon-profit limited liability company
Klaus Zumwinkel
Hilmar Schneider


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]


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.[4]


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]


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]


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:

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 EconomicsEdit

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 AwardEdit

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:


  1. ^ "IZA - Institute for the Study of Labor". socialcapitalgateway.org. Retrieved 3 February 2015.
  2. ^ "History". Deutsche Post Foundation. Retrieved 6 December 2016.
  3. ^ a b "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". 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. Retrieved February 2015. Check date values in: |accessdate= (help)
  24. ^ "Heinz College News - Carnegie Mellon University's Heinz College". cmu.edu. Retrieved February 2015. Check date values in: |accessdate= (help)

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