IZA Prize in Labor Economics

Joseph G. Altonji (Yale University) received the 2018 IZA Prize in Labor Economics for his seminal contributions to the economic analysis of labor supply, family economics and discrimination. The decision was made by the IZA Prize Committee, which consists of seven distinguished economists, six of whom are previous prize-winners.

The award, worth 60,000 euros, was conferred during the World Labor Conference celebrating IZA’s 20th anniversary in Berlin on June 28, 2018 [view pictures]. More in the IZA Newsroom!

About the IZA Prize

A sound understanding of problems in labor economics has proven ever more important in light of the adjustment processes that are currently taking place in the international labor markets. In order to account for this trend, the Institute of Labor Economics - with generous support from the Deutsche Post Foundation - has created the "IZA Prize in Labor Economics". This now biennial Prize is awarded for outstanding academic achievement in the field of labor economics. It is meant to stimulate research that tries to find answers to the important labor market policy questions of our time. In November 2002 the IZA Prize was awarded for the first time [view all past prize-winners].

More than 1,400 renowned labor economists are affiliated with IZA as Research Fellows and Affiliates through its worldwide network. These influential economists are entitled to nominate candidates for the prize. The decision is made by the IZA Prize Committee, which consists of distinguished economists.

The IZA Prize in Labor Economics underscores the central importance of labor market research in shaping the "Future of Labor."

For further information, please contact: prize@iza.org


IZA Prize Book Series

All prize-winners contribute a volume to the IZA Prize in Labor Economic Series published by Oxford University Press, which has been established to provide an overview of the laureates' most significant findings.

Each IZA Prize Laureate contributes a volume to this unique collection of seminal research covering a broad range of topics in labor economics. IZA experts serve as co-editors of the series.

Published and forthcoming volumes include:

  • MORTENSEN/PISSARIDES: Job Matching, Wage Dispersion, and Unemployment
  • LAYARD/NICKELL: Combatting Unemployment
  • LAZEAR: Inside the Firm: Contributions to Personnel Economics
  • CARD/KRUEGER: Wages, School Quality, and Employment Demand
  • BLAU: Gender, Inequality and Wages
  • BLUNDELL: Labor Supply and Taxation
  • HAMERMESH: The Demand for Labor: The Neglected Side of the Market
  • BORJAS/CHISWICK: Foundations of Migration Economics (forthcoming)
  • FIELDS: Employment and Development
  • SVEJNAR: Workers, Firms, and Transition (forthcoming)