Evidence-based policy making
IZA World of Labor is an online platform that provides policy analysts, journalists, academics and society generally with relevant and concise information on labor market issues. Based on the latest research, it provides current thinking on labor markets worldwide in a clear and accessible style. IZA World of Labor aims to support evidence-based policy making and increase awareness of labor market issues.
Combining tradable quotas and matching are efficient market solutions that would also protect refugee rights
The unequal distribution of refugees across countries could unravel the international refugee protection system or, in the case of the EU, hinder a common policy response to refugee crises. A way to distribute refugees efficiently, while respecting their rights, is to combine two market mechanisms. First, a market for tradable refugee admission quotas that allows refugees to be established wherever it is less costly to do so. Second, a matching system that links refugees to their preferred destinations, and host countries to their preferred types of refugees. The proposal is efficient but has yet to be tested in practice.
Labor force composition is critical for understanding employment informality in developing countriesDeveloping countries have long been struggling to fight informality, focusing on instruments such as labor legislation enforcement, temporary contracts, and changes in taxes imposed on small firms. However, improvements in the labor force’s schooling and skill level may be more effective in reducing informality in the long term. Higher-skilled workers are typically employed by larger firms that use more capital, and that are more likely to be formal. Additionally, when skilled and unskilled workers are complementary in production, unskilled workers’ wages tend to increase, adding yet another force toward reducing informality.MoreLess
Evaluating the labor market effects of temporary aggregate demand shocks requires analyzing both employment and hours of workRobert A. Hart, October 2017Labor market responses to temporary aggregate demand shocks are commonly analyzed and discussed in terms of changes in employment and unemployment. However, it can be seriously misleading to ignore the interrelated behavior of hours worked.Work hours can be altered relatively speedily and flexibly, and this strongly relates to employment, labor productivity, and unemployment outcomes. The hours–employment distinction is especially important in the evaluation of the performances of European labor marketsduring the negative shock experienced during the Great Recession.MoreLess
Occupational licensing may raise wages and benefits for those licensed but also reduce access to work without clear benefits to consumersMorris M. Kleiner, October 2017Since the end of World War II, occupational licensing has been one of the fastest growing labor market institutions in the developed world. The economics literature suggests that licensing can influence wage determination, the speed at which workers find employment, pension and health benefits, and prices. Moreover, there is little evidence to show that licensing improves service quality, health, or safety in developed nations. So, why is occupational licensing is growing when there are such well-established costs to the public?MoreLess
Better understanding of skills mismatch is essential to finding effective policy optionsEvidence suggests that productivity would be much higher and unemployment much lower if the supply of and demand for skills were better matched. As a result, skills mismatch between workers (supply) and jobs (demand) commands the ongoing attention of policymakers in many countries. Policies intended to address the persistence of skills mismatch focus on the supply side of the issue by emphasizing worker education and training. However, the role of the demand side, that is, employers’ wage-setting practices, garners comparatively little policy attention.MoreLess
Oct 23, 2017Prime Minister Shinzo Abe of Japan is set return to power with a substantial majority following yesterday’s snap election, according to exit polls.
Oct 20, 2017
President Xi Jinping opened the Communist Party Congress in Beijing on Wednesday pledging the start of a “new era” and policies for a more “prosperous and beautiful” China. But the large proportion of unmarried men in the Chinese population will make much needed economic reforms challenging.
Oct 18, 2017
A transgender woman who suffered years of discrimination and abuse in the UK has been granted residency in New Zealand on exceptional humanitarian grounds. The tribunal said it would be “unduly harsh” to force her to return to the UK.
Equality campaigner Christie Elan-Cane wins permission to challenge the UK Home Office’s refusal to issue gender-neutral, or X passports.
Oct 30, 2017 - Oct 31, 2017
We are pleased to invite submissions for the first IZA Workshop on Labor Productivity and the Digital Economy.
Nov 03, 2017 - Nov 04, 2017
The aim of this workshop is to bring together senior and junior researchers to present and discuss original research examining the link between health and the labor market.
Dec 01, 2017 - Dec 02, 2017
ADAPT International Conference: Industry 4.0: Triggering Factors and Enabling Skills - Call for papers
Due to numerous requests for an extension of the deadline for the call for abstracts, the Organizing Committee of the conference Industry 4.0: Triggering Factors and Enabling Skills, which will take place in Bergamo on 1 and 2 September, has decided to extend the submission deadline to 24 September 2017.