Showing 1 - 10 of 350
purporting to show robust and precise estimates of a substantial deterrent effect of capital punishment. We assess the various …
Persistent link: https://www.econbiz.de/10005504776
When penalties for first-time offenders are restricted, it is typically optimal for the lawmaker to overdeter repeat offenders. First-time offenders are then deterred not only by the (restricted) fine for a first offense, but also by the prospect of a large fine for a subsequent offense. Now...
Persistent link: https://www.econbiz.de/10011083501
We develop an agency model of organized crime accounting for the main trade-offs involved by the introduction of an …
Persistent link: https://www.econbiz.de/10011083808
In a model in which firms can go bankrupt because of adverse market shocks or antitrust fines, we find that even large corporate fines may not be able to induce deterrence. Managerial penalties are thus needed. If the policy may be changed according to the state of the business cycle, then the...
Persistent link: https://www.econbiz.de/10011084067
's Multigenerational Register matched with more than 30 years of administrative crime records. The first stage of the analysis employs a … percent for males and females, respectively. In addition, we find that the effect of education on crime persists across birth … cohorts, throughout the life cycle, and across crime categories. …
Persistent link: https://www.econbiz.de/10009367430
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
Using original survey data, we examine how insecurity affects welfare. Correcting for unobserved heterogeneity and possible endogeneity, we find an effect of insecurity on incomes, school enrolment, health status, and infant mortality. Results are robust to the inclusion of various shocks...
Persistent link: https://www.econbiz.de/10005791316
Previous estimates of the effect of unemployment on crime commonly omit determinants of criminal behavior that vary … with the business cycle, creating correlation between unemployment rates and the residuals in aggregate crime regressions … accompanying omitted variables bias to estimates of the effect of unemployment on crime. Using a state-level panel for the period …
Persistent link: https://www.econbiz.de/10005791606
This paper analyses the interplay between social structure and information exchange in two competing activities, crime … as dyads. There are multiple equilibria. If jobs are badly paid and/or crime is profitable, unemployment benefits have to … be low enough to prevent workers for staying too long in the unemployment status because they are vulnerable to crime …
Persistent link: https://www.econbiz.de/10005792082
assess to what extent lagged teen birth rates can explain why the United States had the highest developed country crime rates … in the 1980s, and why US rates subsequently fell so much. For this purpose, I use internationally comparable crime rates … measured from the 1989-2000 International Crime Victims Surveys. I find that an increase in the share of young people born to a …
Persistent link: https://www.econbiz.de/10005792434