Hjalmarsson, Randi, Machin, Stephen 
ORCID: 0009-0004-8130-2701 and Pinotti, Paolo
(2024)
Crime and the labor market.
In: Dustmann, Christian and Lemieux, Thomas, (eds.)
Handbook of Labor Economics.
Handbook of Labor Economics.
Elsevier (Firm), pp. 679-759.
ISBN 9780443297649
Abstract
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.
| Item Type: | Book Section |
|---|---|
| Additional Information: | © 2024 Elsevier |
| Divisions: | Economics Centre for Economic Performance |
| Subjects: | H Social Sciences > HD Industries. Land use. Labor H Social Sciences > HB Economic Theory K Law |
| Date Deposited: | 18 Dec 2024 10:39 |
| Last Modified: | 18 Dec 2024 10:39 |
| URI: | http://eprints.lse.ac.uk/id/eprint/126487 |
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