Report , News of 15 April 2010

SOEP user Richard Easterlin awarded IZA Prize for pioneering research on the economics of happiness

SOEP user Richard A. Easterlin of the University of Southern California/USA was awarded the 2009 IZA Prize in Labor Economics in October of last year. He was recognized, according to the prize committee, for his “outstanding research on the analysis of subjective well-being and on the relationship between demographic developments and economic outcomes.” He has expanded traditional economic analysis to include an important new component, and has provided a powerful new impetus for research addressing, for example, the explanation of birth cycles, the analysis of labor market behavior, and the determinants of individual well-being.