In 2001, IZA hosted the XIIth Summer School of the European Economic Association. The lectures of the Summer School covered the topic "The Economics of Low Income and Low Paid Work".
The objective of this annual summer school is to bring together a larger number of Ph.D. students and senior researchers to study new areas in labor economics. Ph.D. students are given the opportunity to present their papers and to discuss their own research ideas with established researchers in a relaxed and open atmosphere. The 31 students from all over Europe and one participant from the US were selected by a committee out of more than 100 applicants.
This year, there were 3 lecturers, each teaching 4 lectures in 2 days. Philippe Aghion from Harvard University taught a course on the dynamics of income inequality in Schumpeterian growth models, Juan Dolado (Universidad Carlos III, Madrid) talked about "Minimum Wages and Low-wage Employment" and Peter Sloane from the University of Aberdeen lectured on "The Economics of Low Income and Low Paid Work".