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IZA - Electronic Archive
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News Archive |
2014
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2014 |
| May 2014: |
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| A. Muravyev |
Alexander Muravyev, Deputy Director of the IZA program area "Labor markets in emerging and transition economies" and Associate Professor at St. Petersburg State University, has been awarded the Yegor Gaidar Foundation Award for the paper "Investor Protection and the Value of Shares: Evidence from Statutory Rules Governing Variations of Shareholders' Class Rights in an Emerging Market", published in 2013 in the Journal of Law, Economics and Organization. The award, named after the late leading Russian economist and prime minister Yegor Gaidar, is given to young Russian economists under the age of 40 for the publication of a paper in a highly ranked international journal. In 2014 the only recipient of the award was Alexander. The prize was established in 2012 as a Russian equivalent to national and international awards for young economists such as the Gossen Prize and Yrjö Jahnsson Award.
Alexander, who is one of the leading Russian labor economists, shows with this award that he can straddle two research areas that are fundamental for understanding the adjustment processes that take place in emerging and transition economies: labor economics and corporate governance issues, both of which involve establishing of and experimentation with key economic institutions. The latter focus of his research is insofar important for the program area "Labor markets in emerging and transition economies" as it will contribute to a large planned project on wage and employment policies in post-Soviet economies that will link corporate governance issues to the evolution of internal labor markets.
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| January 2014: |
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| Dale Mortensen † |
It is with great sadness that we report the death of Dale T. Mortensen (Northwestern University), who passed away on January 9, 2014. Mortensen was an IZA Research Fellow since November 2001. He received the 2005 IZA Prize in Labor Economics (with Christopher Pissarides) and the 2010 Nobel Prize in Economic Sciences (with Pissarides and Peter Diamond).
Mortensen pioneered the theory of job search and search unemployment and extended this to study labor turnover, research and development, personal relationships, and labor reallocation. His insight that friction is equivalent to the random arrival of trading partners has become the leading technique for analysis of labor markets and the effects of labor market policy. The development of equilibrium dynamic models designed to account for wage dispersion and the time series behavior of job and worker flows were the principal topics of his latest research.
"Dale was an inspiration to us all. His work is of great relevance for policy makers around the world who are looking for ways to address unemployment. He will be deeply missed by the IZA network and beyond," said IZA Director Klaus F. Zimmermann.
[read obituary]
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front: Hershbein, Bailey, Miller
back: Zimmermann, Giulietti |
At the traditional IZA reception during the Annual Meeting of the Allied Social Science Associations (ASSA), held in Philadelphia in January 2014, IZA Director Klaus F. Zimmermann and Research Director Corrado Giulietti presented the 2013 IZA Young Labor Economist Award to Martha Bailey (University of Michigan), Brad Hershbein (Upjohn Institute) and Amalia Miller (University of Virginia) for their article "The Opt-In Revolution? Contraception, Fertility Timing and the Gender Gap in Wages" (American Economic Journal: Applied Economics, 2012).
The award-winning paper shows that the narrowing of the gender gap in the 1980s can be traced back to a revolution in the flexibility and family planning possibilities brought about by legal access to the contraception pill. This allowed women to "opt in" the labor market, accumulate more education, and enter into higher paid jobs.
[read more]
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Assessing the social consequences of globalization in terms of employment and income distribution is a hot issue among academics and policymakers. An IZA Discussion Paper authored in 2006 by Eddy Lee (ILO) and Marco Vivarelli (Catholic University of Milano and IZA) has put forward an articulated investigation of both theoretical prescriptions and available empirical evidence on the topic. The main result is that the optimistic Heckscher-Ohlin/Stolper-Samuelson predictions do not apply. In other words, increasing trade and foreign direct investment in a developing country does not automatically lead to employment creation nor to a decrease in within-country inequality.
Published in the International Labour Review, the IZA DP entitled "The Social Impact of Globalization in the Developing Countries" is widely used and cited, especially by PhD students and officials within international organizations. Now the paper has set a new record: in the eight years since publication, the PDF file has been downloaded over 100,000 times from the IZA website [view IZA DP Top 10 downloads].
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