Monthly Archives: March 2016

Countries benefit from legalizing undocumented immigrants

A new article published on IZA World of Labor finds that legalizing illegal immigrants can boost tax revenues, prevent worker exploitation, reduce crime, and support national security. Millions of migrants cross borders without authorization each year. The global stock of … Continue reading

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Turning unemployed into self-employed can be an effective alternative to traditional labor market policies

In order to curb unemployment, OECD countries have made enormous efforts and spent considerable sums on active labor market policies (0.6% of GDP in 2011). Governments have mainly relied on traditional measures such as job creation schemes, training programs, and … Continue reading

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Economic long-term outlooks often too pessimistic

Demographic aging and accompanying shrinking labor forces are common phenomena throughout the developed world. There is a widespread notion that societal aging will put significant pressure on public budgets, a view supported by recent OECD projections. Expenditures for public health … Continue reading

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How (lack of) sleep affects our economic behavior

Today is World Sleep Day! As recent IZA research shows, a good night of sleep is not just a matter of individual well-being but has wider implications for social behavior and economic outcomes. So we suggest you get yourself a … Continue reading

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A note from the new Editor-in-Chief: Daniel Hamermesh about IZA World of Labor

I have just begun my tenure as Editor-in-Chief of IZA World of Labor (WoL), and I am thrilled to be part of this enterprise. I have devoted a 50-year career to labor economics, a field increasingly growing in importance and … Continue reading

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