Tag Archives: IZA World of Labor

Three mechanisms to boost firm productivity

Monetary incentives are not always the most cost-effective way to make employees more productive. Three recent IZA World of Labor articles look at alternative mechanisms to improve worker productivity and boost firm performance: peer effects, employee well-being, and employee ownership. … Continue reading

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Can market mechanisms solve the refugee crisis?

As the flow of asylum seekers reaching Europe‚Äôs shores is rising again with the onset of spring, the European Union is increasingly forced to address a number of challenges. Disagreements over the unequal distribution of refugees across the EU have … Continue reading

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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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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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Investing in early childhood development reduces inequality

Early childhood years are highly formative and often provide the basis for educational, professional and social achievements in adulthood. IZA World of Labor features two recent articles which examine early childhood conditions and their policy implications from different angles: preschool … Continue reading

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Employee incentives: Bonuses or penalties?

A large empirical literature supports the view that linking payment to performance is highly effective in raising productivity. However, often little attention is paid to how performance incentives are implemented in employment contracts. While most employers work with bonuses, some … Continue reading

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