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, including current concerns like the impact of Covid-19, and longer-term problems like inequality.
Health effects of job insecurity
Job insecurity adversely affects health, but employability policies and otherwise better job quality can mitigate the effects
The fear of unemployment has increased around the world in the wake of Covid-19. Research has shown that job insecurity affects both mental and physical health, though the effects are lower when employees are easily re-employable. The detrimental effects of job insecurity could be partly mitigated if employers improved other aspects of job quality that support better health. But as job insecurity is felt by many more people than just the unemployed, the negative health effects during recessions are multiplied and extend through the majority of the population. This reinforces the need for effective, stabilising macroeconomic policies, most especially at this time of pandemic.
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Gender quotas on corporate boards of directors Updated
Gender quotas for women on boards of directors improve female share on boards, but firm performance effects are mixed, and spillover effects are positive but small.
Nina SmithEmma Von Essen , May 2025Arguments for increasing gender diversity on corporate boards of directors by gender quotas range from ensuring equal opportunity to improving firm performance. The introduction of gender quotas in a number of countries, mainly in Europe, has increased female representation on boards. Current research does not unambiguously justify gender quotas on grounds of economic efficiency. In many countries, the number of women in top executive positions is limited, and it is not clear from the evidence that quotas lead to a larger pool of female top executives, who, in turn, are the main pipeline for boards of directors. Thus, other supplementary policies may be necessary if politicians want to increase the number of women in senior management positions.
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Machine learning for causal inference in economics
Discover how machine learning can help to uncover causal insights from economic data to guide better informed policy decisions.
Anthony Strittmatter , April 2025Machine learning (ML) improves economic policy analysis by addressing the complexity of modern data. It complements traditional econometric methods by handling numerous control variables, managing interactions and non-linearities flexibly, and uncovering nuanced differential causal effects. However, careful validation and awareness of limitations such as risk of bias, transparency issues, and data requirements are essential for informed policy recommendations.MoreLess -
Environmental regulations and business decisions Updated
Environmental regulations impose costs on firms, affecting productivity and location but providing significant health benefits
Wayne B. GrayRon Shadbegian , April 2025Environmental regulations raise production costs at regulated firms, though in most cases the costs are only a small fraction of a firm’s total costs. Productivity tends to fall, and firms may shift new investment and production to locations with less stringent regulation. However, environmental regulations have had enormous benefits in terms of lives saved and illnesses averted, especially through reductions in airborne particulates. The potential health gains may be even greater in developing countries, where pollution levels are high. The benefits to society from environmental regulation hence appear to be much larger than the costs of compliance.MoreLess -
Innovation and employment in the era of artificial intelligence Updated
In the face of AI revolution, concerns about possible technological unemployment should be aware of the complex and mixed employment impacts of technological change.
Marco VivarelliGuillermo Arenas Díaz , March 2025The relationship between technology and employment has always been a source of concern, at least since the first industrial revolution. However, while process innovation can be job-destroying (provided that its direct labor-saving effect is not compensated through market mechanisms), product innovation can imply the emergence of new firms, new sectors, and thus new jobs (provided that its welfare effect dominates the crowding out of old products). Nowadays, the topic is even more relevant because the world economy is undergoing a new technological revolution centred on automation and the diffusion of Artificial Intelligence (AI).MoreLess
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May 05, 2025
Brexit’s hidden cost: Higher patient mortality in NHS hospitals
New research reveals how immigration restrictions led to reduced care quality and thousands of additional deaths -
Apr 29, 2025
How community networks shape elections after a crisis
New study explores the effect of social capital on post-disaster voting -
Mar 27, 2025
How do future elites view inequality?
Study reveals Ivy League MBA students implement more unequal distributions than average Americans -
Mar 14, 2025
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