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The editors of Labour Economics are pleased to announce the year 2008 winner of the 4th "EALE Labour Economics Prize" for the best paper published in Labour Economics during the period 2006-2007. The prize, funded by the European Association of Labour Economists, is one-thousand Euro (1,000).The winner also receives from Elsevier a copy of the most recent volumes of the Handbook of Labor Economics (Volumes 3ABC)or books to an equivalent value.

Prize winner 2008

Scott E. Carrell
Assistant Professor of Economics
University of California, Davis

The panel thought that this is a very professionally executed paper that casts light on a neglected and important topic. The paper uses data, over a 20 year period, on US Air Force retention where the internal labour market is characterised by strict rules-based pay determination which is largely independent of local civilian labour market conditions. By comparing retention in places where the external labour market is tight with areas where it is slack the paper shows that employee retention is indeed sensitive to local labour market conditions. The paper is a substantial empirical contribution to the internal labour market literature and has considerable relevance for public sector pay in particular.

On behalf of the editorial panel
Ian Walker

Previous Prize winners:

2006
Kenneth Carling & Laura Larsson
“Does early intervention help the unemployed youth?”
Labour Economics, Volume 12, Issue 3, June 2005, Pages 301-319

2004
Ragui Assaad and Insan Tunali
“Wage formation and recurrent unemployment”
Labour Economics, Volume 9, Issue 1, February 2002, Pages 17-61

2002
Heather Antecol
"An examination of cross-country differences in the gender gap in labor force participation rates",
Labour Economics, Volume 7, Issue 4, July 2000, Pages 409-426

Labour Economics Prize

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