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presented points to a causal effect of the IGESP on crime. The most conservative estimates indicate a reduction of 24% in … represented by the program may constitute a first-order factor in a successful policy for fighting crime. …
Persistent link: https://www.econbiz.de/10008684794
multiplier in crime of 2. …
Persistent link: https://www.econbiz.de/10008805616
Our research addresses fundamental long-standing concerns in the compensating wage differentials literature and its public policy implications: the econometric properties of estimates of the value of statistical life (VSL) and the wide range of such estimates from about $0.5 million to about $21...
Persistent link: https://www.econbiz.de/10005703773
Can public policy interfere with culture, such as beliefs and norms of cooperation? We investigate his question by evaluating the interactions between the State and the Civil Society, focusing on the labor market. International data shows a negative correlation between union density and the...
Persistent link: https://www.econbiz.de/10005822615
In a recent paper, Hart and Moore (2008) introduce new behavioral assumptions that can explain long term contracts and important aspects of the employment relation. However, so far there exists no direct evidence that supports these assumptions and, in particular, Hart and Moore's notion that...
Persistent link: https://www.econbiz.de/10005763665
We examine differences in the value of statistical life (VSL) across potential wage levels in panel data using quantile regressions with intercept heterogeneity. Latent heterogeneity is econometrically important and affects the estimated VSL. Our findings indicate that a reasonable average cost...
Persistent link: https://www.econbiz.de/10008527320
Our research clarifies the conceptual linkages among willingness to pay for additional safety, willingness to accept less safety, and the value of statistical life (VSL). We present econometric estimates that in the important case of workers' decisions concerning exposure to fatal injury risk...
Persistent link: https://www.econbiz.de/10011096076
This survey summarizes the classical fundamentals of modern deterrence theory, covers major theoretical and empirical findings on the impact of certainty and severity of punishment (and the interplay thereof) as well as underlying methodological problems, gives an overview of limitations and...
Persistent link: https://www.econbiz.de/10011279359
affected by the reform. We consider the effects of a major Swedish educational reform on crime by exploiting its staggered … implementation across Sweden. We first show that the reform reduced crime rates for the generation directly affected by the reform …. We then show that the benefits extended to the next generation with large reductions in the crime rates of the children …
Persistent link: https://www.econbiz.de/10009371906
One main motive behind lengthy prison terms for serious crime is to deter potential offenders from engaging in crime … discount future events when balancing the immediate utility of the crime and the costs of a potential future punishment. If … various crime indicators from administrative registers spanning over 18 years. Our results show that high discount rates …
Persistent link: https://www.econbiz.de/10010884153