IZA Prize in Labor Economics


IZA Prize 2007 awarded to Richard Freeman

Richard B. Freeman, Klaus Zumwinkel, Horst Köhler, Klaus F. Zimmermann
This 2007 IZA Prize in Labor Economics was awarded to the U.S. economist Richard B. Freeman (Harvard University and London School of Economics), who has made a number of fundamental contributions that have monumentally shaped modern labor economics. The renowned IZA Prize honors Freeman's groundbreaking work on the sustainability of the welfare state and the role of trade unions in the labor market. His highly innovative studies address policy-relevant issues that have important implications for labor market reforms in Germany.

The award ceremony was held on November 5, 2007, in Berlin with German Federal President Horst Köhler as the invited speaker (see picture on the right).

More information:
- Press Release (PDF)
- Award Statement (PDF)
- Speech by President Köhler (in German) (PDF)
- Laudation by IZA Director Zimmermann (PDF)
- Photo Gallery