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1. Several market failures would justify some forms of price control and entry regulation in the taxicab industry. Unfortunately, history shows that very often the taxi regulators get captured by taxi operators' lobbies and fail to adapt their regulation to changing market conditions. Hence,...
Persistent link: https://www.econbiz.de/10008805912
We examine the empirical relationship between immigration and crime across Italian provinces during the period 1990 … with the incidence of property crimes and with the overall crime rate. Then, we use instrumental variables based on … other types of crime. Since robberies represent a very minor fraction of all criminal offenses, the effect on the overall …
Persistent link: https://www.econbiz.de/10009647506
In this paper we examine the empirical relationship between immigration and crime across Italian provinces during the … positively correlated with the incidence of property crimes and with the overall crime rate. Then, we use instrumental variables … unaffected all other types of crime. Since robberies represent a very minor fraction of all criminal offenses, the effect on the …
Persistent link: https://www.econbiz.de/10010738921
We wish to thank Andrea Bassanini, Cecilia Garcia-Peñalosa, Tommy Murphy, Tommaso Nannicini and seminar participants at University Bocconi for useful comments and discussions. Charlotte Coutand and Clement Malgouyres provided excellent research assistance. We also thank Pierre-Emmanuel Couralet...
Persistent link: https://www.econbiz.de/10010738953
abilities. Typically, there is more crime in the low ability group and increasing punishment reduces crime, but the opposite may …
Persistent link: https://www.econbiz.de/10008791518
the fight against violent crime. The study uses a computable general equilibrium model (CGE) built upon the economy of … Minas Gerais, a Brazilian state. Main results suggest a comparable reducing effect of both type of expenditures on crime …
Persistent link: https://www.econbiz.de/10008835403
This paper adds to the literature on the economic determinants of crime by examining the impact of macro …-economic instability had a significant impact on crime, both homicide and robbery. However, homicide and robbery do not react to …
Persistent link: https://www.econbiz.de/10008835406
In this paper, we propose a definition of Edgeworth equilibrium for a private ownership production economy with (possibly infinitely) many private goods and a finite number of pure public goods. We show that Edgeworth equilibria exist whatever be the dimension of the private goods space, and can...
Persistent link: https://www.econbiz.de/10010750403
In a simple public good economy, we propose a natural bargaining procedure whose equilibria converge to Lindahl allocations as the cost of bargaining vanishes. The procedure splits the decision over the allocation in a decision about personalized prices and a decision about output levels for the...
Persistent link: https://www.econbiz.de/10010750409
Unlike partial equilibrium analysis which study the equilibrium of a particular market under the clause "ceteris paribus" that revenues and prices on the other markets stay approximately unaffected, the ambition of a general equilibrium model is to analyze the simultaneous equilibrium in all...
Persistent link: https://www.econbiz.de/10010750449