The IZA Institute of Labor Economics is a research institute based in Bonn, Germany, focused on labor market issues. It conducts empirical research and provides policy advice on various topics, including employment, wages, and social security. The institute aims to improve understanding of labor economics through rigorous analysis and dissemination of findings. Founded in 1998, IZA collaborates with researchers, policymakers, and practitioners worldwide. It hosts conferences, publishes working papers, and maintains a network of scholars to foster knowledge exchange. The institute's work contributes to evidence-based policymaking and enhances the global discourse on labor-related challenges.