In their Handbook of Labor Economics chapter “Crime and the Labor Market,” Randi Hjalmarsson, Stephen Machin, and Paolo Pinotti offer a comprehensive overview of a field that has gained prominence over the past 30 years: The economics of crime has emerged as a critical field over the past 30 years, with economists increasingly exploring the causes and consequences of criminal behavior. This chapter surveys key contributions and developments from labor economists, who investigate the (often two-way) intersection of crime with labor market factors, such as education, wages, and unemployment. The chapter underscores the importance of understanding criminal decision-making in economic analysis through the lens of opportunity costs and labor market conditions. Methodological advancements, particularly those addressing causation, have propelled the field forward, enabling more accurate conclusions to be drawn for policy recommendations. The chapter also explores the role of social policies and international contexts, emphasizing the need for evidence-based reforms to effectively reduce crime. This comprehensive review underscores the transformative impact of economics on crime research and its potential to influence real-world policies.
Information on participating / attending:
Date:
09/24/2025 09:00 - 09/25/2025 16:00
Event venue:
ROCKWOOL Foundation Berlin
Gormannstrasse No. 22
10119 Berlin
Berlin
Germany
Target group:
Journalists, Scientists and scholars
Email address:
Relevance:
international
Subject areas:
Economics / business administration, Politics, Social studies
Types of events:
Seminar / workshop / discussion
Entry:
08/11/2025
Sender/author:
Harald Schultz
Department:
Kommunikation
Event is free:
yes
Language of the text:
English
URL of this event: http://idw-online.de/en/event79802
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