The Institute for the Study of Labor (German: Institut zur Zukunft der Arbeit, IZA) is a private, independent economic research institute and academic network headquartered in Bonn, Germany. IZA's main focus is the economic analysis of national and international labor markets within a broad range of research areas. Furthermore IZA provides policy advice on crucial labor market issues for national and international policy institutions. It runs the world's largest research network in economic science, comprising over 1,300 international Research Fellows and Affiliates, as well as Policy Fellows from business, politics, society and the media. As an independent non-profit institution, IZA draws financial support from the research-sponsoring activities of the Deutsche Post-Foundation and other sources.