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We estimate the "incapacitation effect" on crime using variation in Italian prison population driven by eight … simultaneity of crime and prisoners as in Levitt (1996) and, in addition, use the national character of the pardons to separately … identify incapacitation from changes in deterrence. The elasticity of total crime with respect to incapacitation is between -20 …
Persistent link: https://www.econbiz.de/10009649824
local crime rates. We assess the effects of a recent reform in California that caused a sharp and permanent reduction in the … violent crime and evidence of modest effects on property crime, auto theft in particular. These effects are considerably … considerably lower. We corroborate theses cross-county results with a synthetic-cohort analysis of state crime rates in California …
Persistent link: https://www.econbiz.de/10010726721
This paper contains a survey of the recent literature devoted to the returns to schooling within a dynamic structural framework. I present a historical perspective on the evolution of the literature, from early static models set in a selectivity framework (Willis and Rosen, 1979) to the recent...
Persistent link: https://www.econbiz.de/10005763729
Each week, the Dutch Postcode Lottery (PCL) randomly selects a postal code, and distributes cash and a new BMW to lottery participants in that code. We study the effects of these shocks on lottery winners and their neighbors. Consistent with the life-cycle hypothesis, the effects on winners’...
Persistent link: https://www.econbiz.de/10008466442
The importance of using natural experiments in economic research has long been recognized. Yet, it is only in recent years that natural experiments have become an integral part of the economist's analytical toolbox, thanks to the efforts of Meyer, Card, Peters, Krueger, Gruber, and others. This...
Persistent link: https://www.econbiz.de/10010555772
In the 1980s the composition of immigrants to the U.S. shifted towards less-skilled workers. Around this time, real wages and employment of younger and less-educated U.S. workers fell. Some blame recent immigration shifts for the misfortunes of unskilled workers in the U.S. OLS estimates using...
Persistent link: https://www.econbiz.de/10005703157
This essay reviews progress in empirical economics since Leamer's (1983) critique. Leamer highlighted the benefits of sensitivity analysis, a procedure in which researchers show how their results change with changes in specification or functional form. Sensitivity analysis has had a salutary but...
Persistent link: https://www.econbiz.de/10008568308
Background: Nutrition in utero and infancy may causally affect health and mortality at old ages. Until now, very few studies have demonstrated long-run effects on survival of early life nutrition, mainly because of data limitations and confounding issues. Methods: This paper investigates whether...
Persistent link: https://www.econbiz.de/10005566356
Persistent link: https://www.econbiz.de/10011092690
This paper analyzes the relationship between immigrants' retirement status and the prevalence of return migration from the host country to their country of origin. We develop a simple theoretical model to illustrate that under reasonable conditions the probability of return migration is...
Persistent link: https://www.econbiz.de/10005822022