Human Capital and Economic Outcomes

Evidence, Institutions and Policy

Solomon W. Polachek|Benjamin Elsner
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Hardback
9781808352973
19 May 2027
$140.00
Available to order on 19 April 2027
eBook (PDF)
9781808352966
28 April 2027
$140.00
Available to order on 29 March 2027
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9781808352980
28 April 2027
$140.00
Available to order on 29 March 2027

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  • Description
  • Contents
  • About

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. Wages, Skills, and Inequality

  • Chapter 1. Compensation Peer Group Effects: Evidence from Professional Football; Quinn Keefer and Thomas J. Kniesner
  • Chapter 2. Human Capital and Labor Market Effects of Elite Schooling in England, Scotland, and Wales: New Causal Evidence from Nonparametric Bounds; Zhanhan Yu, Vikesh Amin, Carlos Flores, Alfonso Flores-Lagunes, and Giuseppe Germinario
  • Chapter 3. Wage Scarring among Unlucky European Cohorts; Mark Regan
  • Part II. Firms, Management, and Regulation
  • Chapter 4. Management Practices, Establishment Performance and Formal Worker Representation at the European Workplace; John T. Addison and Paulino Teixeira
  • Chapter 5. Firm Regulations and Employment: Evidence from U.S. Administrative Data; Alexander Gelber and Adam Isen
  • Part III. Market Implications of Wage-Setting and Taxation
  • Chapter 6. Simulation Analysis of Labor Supply and Taxes Based on a Contract Curve Model; Tomio Kinoshita
  • Chapter 7. A Minimum Wage May Increase Exports and Firm Size Even with a Competitive Labor Market; Eliav Danziger and Leif Danziger

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.