July 30 is International Day of Friendship, based on the recognition of the relevance and importance of friendship as a noble and valuable sentiment around the world.
How do social interactions affect the labor market?
Thomas Cornelissen writes, “Evidence suggests that peer pressure affects productivity and is an important reason why workers’ wages and productivity depend on their co-workers’ productivity…Peer effects due to knowledge spillover seem to be relevant in specific situations, such as when newly trained and untrained workers interact, in collaborative team settings or between senior and junior workers. In such instances, firms should encourage social interaction.”
All newly published one-pagers are also available to read and download in German.Find out more.
Opinion: Income inequality and social origins
Reducing income inequality within countries is of paramount importance among the challenges facing policymakers in the years to come. The UN has included the reduction of inequality among its Sustainable Development Goals, because promoting growth alone may not be enough to help the poor out of poverty when growth is unevenly distributed across households. Read the full commentary.
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3rd IZA Junior/Senior Symposium, July 16-17. The third IZA Junior/Senior Labor Symposium will be held at IZA in Bonn, Germany. We shall have 10 papers presented by authors who are between 1 and 6 years past the Ph.D.
15th Annual Migration Meeting, August 9-10. Going into its 15th edition this year, the IZA Annual Migration Meeting aims at bringing together junior and senior migration researchers to discuss their most recent work in a constructive atmosphere