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This paper studies the impact of adult prosecution on recidivism and employment trajectories for adolescent, first-time felony defendants. We use extensive linked Criminal Justice Admin- istrative Record System and socio-economic data from Wayne County, Michigan (Detroit). Using the discrete age...
Persistent link: https://www.econbiz.de/10014337757
A large body of literature suggests that the first years of life are critical for long-term economic, health and social outcomes. However, the effect of public programs on early life skills formation is largely unknown due to data limitations. In this paper we use novel data from a large...
Persistent link: https://www.econbiz.de/10012452889
Disability insurance take-up has expanded substantially in the past twenty years in the United States while shrinking in Canada. We empirically assess these trends by measuring the strength of the 'push' from weak labor markets versus the 'pull' of more generous benefits. Using an instrumental...
Persistent link: https://www.econbiz.de/10012455276
Persistent link: https://www.econbiz.de/10013481067
Firms can finance themselves on- or off-balance sheet. Off-balance sheet financing involves transferring assets to "special purpose vehicles" (SPVs), following accounting and regulatory rules that circumscribe relations between the sponsoring firm and the SPVs. SPVs are carefully designed to...
Persistent link: https://www.econbiz.de/10012467495
Using a dataset covering one quarter of the U.S. general-purpose credit card market, we document that 29% of accounts regularly make payments at or near the minimum payment. We exploit changes in issuers' minimum payment formulas to distinguish between liquidity constraints and anchoring as...
Persistent link: https://www.econbiz.de/10012455938
associated with murder, assault, and motor vehicle theft. We also examine the effect of drop out on self-reported crime in the … differences in the probability of arrest or incarceration conditional on crime. We estimate that the externality of education is … in the form of externalities from crime reduction …
Persistent link: https://www.econbiz.de/10012470111
African- American motorist in the United States are much more likely than white motorists to have their car searched by police checking for illegal drugs and other contraband. The courts are faced with the task of deciding on the basis of traffic-search data whether police behavior reflects a...
Persistent link: https://www.econbiz.de/10012471334
Canonical models of crime emphasize economic incentives. Yet, causal evidence of sorting into criminal occupations in … formal-sector employment induces crime. Regression discontinuity estimates show this policy generated reductions in formal …-sector employment and a corresponding spike in organized crime, but no effects on crimes of impulse or opportunity …
Persistent link: https://www.econbiz.de/10012480147
We study the spillover effects of prescription drug monitoring programs (PDMPs) on crime, and in the process inform how … of controlled substances. Using information on offenses known to law enforcement and arrests from the Uniform Crime … Reports (UCR), combined with a difference-in-differences empirical strategy, we find that PDMPs reduced overall crime by 5 …
Persistent link: https://www.econbiz.de/10012480628