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This volume offers a timely and wide-ranging exploration of the forces shaping labor markets, human capital formation, and economic policy. Bringing together leading scholars at the frontier of labor economics and public policy, it presents new evidence on how individuals, firms, and governments interact to influence opportunity, productivity, and inequality.
Across four thematic sections, the chapters examine the development of skills through education and early-life interventions, the complexities of labor supply and family decision-making, and the changing dynamics of wages and inequality amid technological transformation. Contributors investigate how firms respond to incentives, regulation, and management practices, as well as how wage-setting institutions shape labor market outcomes more broadly.
Covering topics from childcare policy and adult education to artificial intelligence, gender wage disparities, and minimum wage effects, the volume combines methodological rigor with clear policy relevance. Together, these studies deepen our understanding of how human capital is created, rewarded, and governed in modern economies, while offering valuable insights for designing policies that foster efficiency, equity, and sustained economic growth.
Research in Labor Economics, published in collaboration with the State University of New York at Binghamton (Binghamton University), aims to advance the field of labor economics by publishing cutting-edge, peer-reviewed research that applies economic theory and econometrics to critical labor policy issues. Each volume presents in-depth analyses of a wide array of labor economics topics, including labor supply, work effort, schooling, on-the-job training, earnings distribution, discrimination, migration, and the effects of government policies.
Part I. Education, Human Capital and Labor Supply
Solomon W. Polachek is a Distinguished Professor at Binghamton University, USA and has significantly impacted labor economics and international relations through his extensive research and academic work.
Benjamin Elsner is a Professor of Economics and the Head of the School of Economics at University College Dublin, Ireland and specializes as an applied microeconomist.