Showing 1 - 10 of 254
We develop a model where the decision to commit a crime in a neighboring area is a positive function of the percentage … of same-race individuals residing in that area since they can provide crucial information on crime possibilities. The … model then predicts a positive spatial correlation in crime between different contiguous areas; this correlation is higher …
Persistent link: https://www.econbiz.de/10005662379
This paper reviews the cross-country record of economic growth, using as organizing framework how economic theory has guided that empirical analysis. The paper argues that recent studies of economic growth - both empirical and theoretical - distinguish from previous work in three distinct ways:...
Persistent link: https://www.econbiz.de/10005792232
This paper studies whether conformism behavior affects individual outcomes in crime. We present a social network model … role for all crimes, especially for petty crimes. This suggests that, for juvenile crime, an effective policy should not … only be measured by the possible crime reduction it implies but also by the group interactions it engenders. …
Persistent link: https://www.econbiz.de/10008491720
In this paper, we investigate the use of interactive effect or linear factor models in regional policy evaluation. We contrast treatment effect estimates obtained by Bai (2009)'s least squares method with the popular difference in differences estimates as well as with estimates obtained using...
Persistent link: https://www.econbiz.de/10011084679
The convergence hypothesis has generated a huge empirical literature: this paper critically reviews some of the earlier key findings, clarifies their implications, and relates them to more recent results. Particular attention is devoted to interpreting convergence empirics. The main findings...
Persistent link: https://www.econbiz.de/10005792413
Cross-country evidence is presented on resource dependence and the link between volatility and growth. First, growth depends negatively on volatility of unanticipated output growth independent of initial income per capita, the average investment share, initial human capital, trade openness, the...
Persistent link: https://www.econbiz.de/10005123919
social networks in crime, education and labor-market outcomes. In particular, we discuss in detail identification problems in …
Persistent link: https://www.econbiz.de/10011083837
We revisit the question of the efficiency of individual decisions to be protected against crime for the cases of both …. A decrease in the global crime payoff is detrimental to a victim if protection is observable, while it is beneficial …
Persistent link: https://www.econbiz.de/10005504304
market outcomes reinforce each other to imply high crime rates among blacks living in cities. This is referred to as the … experience the same labour market and crime outcomes and live together. This is referred to as the non-discriminating equilibrium … of crime is greater. Consequently, if there were no spatial dimension in this economy so that all workers were residing …
Persistent link: https://www.econbiz.de/10005504648
We propose a market-for-offenses model of property crime, which explicitly accounts for protection expenditures among … heterogeneous individuals. The crime equilibrium is modeled as a free-access equilibrium in which the match between criminals and … victims equates the average returns to crime. We borrow from the literature on the economics of conflicts in order to define …
Persistent link: https://www.econbiz.de/10005504660