IZA Prize in Labor Economics

Funding and prize components

The IZA Prize in Labor Economics consisted of a prize medal and a cash award of 50,000 euros. This provides the monetary support for the recipients' past and future research and is meant to stimulate further labor market research.

Nomination and selection process

IZA has a worldwide network of over 1,300 labor economists who collaborate as research fellows with the institute. Each year they nominate candidates for the IZA Prize in Labor Economics from the research and work of their peers and colleagues. The nominations are reviewed by the IZA Prize Committee, which consists of IZA representatives, Research Fellows and prominent international labor economists.

IZA Prize Committee

Five Nobel laureates in Economics have served as members of the Prize Committee, George Akerlof, Gary Becker, James Heckman, Joseph Stiglitz and David Card. The committee was coordinated by Daniel S. Hamermesh. Final members, besides Hamermesh were: Francine D. Blau (Cornell University), Richard Blundell (University College London), George Borjas (Harvard University), David Card (University of California, Berkeley), and Shelly Lundberg (University of California, Santa Barbara).

IZA Prize in Labor Economics Series

As a part of the IZA Prize in Labor Economics from 2007 to 2019 each Laureate produced a volume for the IZA Prize in Labor Economics Book Series consisting of their most significant findings. The Series covers a broad range of important issues in labor economics. The series is published by Oxford University Press.

IZA Prize Laureates

The winners of the IZA Prize include a number of influential labor economists who are active in policy advice. For example, Edward Lazear was Chairman of the Council of Economic Advisers under President George W. Bush. Alan Krueger was nominated for the same post by President Barack Obama.

References

References

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10. (16 May 2016). "Edward Lazear". Stanford Graduate School of Business.
11. "Princeton University - Krueger to receive IZA Prize in Labor Economics". princeton.edu.
12. "Richard B. Freeman's Home Page". nber.org.
13. "Francine Blau receives top labor economics award - Cornell Chronicle". cornell.edu.
14. Harvard Kennedy School. "Harvard Kennedy School - George Borjas Named Co-Winner of 2011 IZA Prize in Labor Economics". harvard.edu.
15. (9 August 2012). "Richard Blundell awarded the 2012 IZA Prize in Labor Economics'". ucl.ac.uk.
16. "Cornell Daily Sun". The Sun.
17. "Svejnar Wins 2015 IZA Prize in Labor Economics". Columbia School of International and Public Affairs.
18. "IZA Prize in Labor Economics conferred to Claudia Goldin at ASSA Meeting in Chicago".
19. "The 2018 IZA Prize in Labor Economics goes to Joseph Altonji".
20. [https://newsroom.iza.org/en/archive/news/the-2020-iza-prize-in-labor-economics-goes-to-lawrence-katz/ The 2020 IZA Prize in Labor Economics goes to Lawrence Katz]