The Department of Economics congratulates Magne Mogstad , the Gary S. Becker Professor in Economics and the College, on receiving the 2017 IZA Young Labor Economist Award . The IZA bestows this honor once every two years to an aspiring labor market researcher below age 45 to support and stimulate top research. According to IZA Network Director Daniel S. Hamermesh, Professor at Royal Holloway University of London and the Editor-in-Chief of IZA World of Labor , the award is a "modest recognition of the remarkable amount that [Mogstad has] already achieved." The complete list of IZA Young Labor Economist Award winners can be seen at /en/webcontent/prize/ylea .
It began rather modestly, more than a century ago, when a small group of college alumni formed the founding charter. Their goal was a simple one - to create an environment in which excellence thrives and develop a place where they, their guests and all future members could draw upon the sustaining values of a common educational experience. Here, at the corner of Michigan Avenue and Monroe Street at the eastern gateway to the city, they established a permanent residence for their shared ideals. Through the generations, this magnificent 12-story structure has provided a stimulating atmosphere where members conduct business, gather socially and expand culturally.