IZA Young Labor Economist Award 2010

Klaus F. Zimmermann | Raj Chetty
Raj Chetty (Harvard University) received the 2010 YLEA for his paper "Moral Hazard Versus Liquidity and Optimal Unemployment Insurance" (Journal of Political Economy, 2008, 116 (2), 173-234). The award was announced by IZA Research Director Marco Caliendo during the gala dinner in honor of IZA Prize Laureate Francine Blau at the ASSA Annual Meeting in Denver, Colorado, in January 2011.

Honoring for the fifth time the best paper of the past two years written by young labor economists, reflects IZA's strong ambition to support young and aspiring academics and to provide an additional incentive for this group to conduct high-quality and policy-relevant research in the field of labor economics. Chetty’s paper has “greatly influenced our view of unemployment benefits and social insurance programs,” said Caliendo in his laudation.

Raj Chetty received his Ph.D. from Harvard University in 2003. In the same year, he moved to Berkeley where he became a full professor in 2008. Since 2009, he is back in Harvard as a full professor at the Economics Department and as the Director of the Lab for Economic Applications and Policy. His papers have been published in outlets such as the AER, the JPE, or the QJE. He is currently also serving as Editor for the Journal of Public Economics and as Co-Director of the Public Economics Program at the NBER.