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Crinò, Rosario - 2017

penalty to the severity of the crime. We combine individual-level data on sentence length for a representative sample of US … inmates with proxies for maximum punishment and monitoring costs across US states over 50 years. Consistent with the theory of …

Persistent link: https://www.econbiz.de/10012945062

Facts or Ideology : What Determines the Results of Econometric Estimates of the Deterrence Effect of Death Penalty? A Meta-Analysis

Gerritzen, Berit C. - 2013

This article contributes to the literature on stock market integration by developing and estimating a capital asset pricing model with segmentation effects in order to assess stock market segmentation and its effects on risk premia at the regional level. We show that the estimated degrees of...

Persistent link: https://www.econbiz.de/10013084011

Status-Seeking in Criminal Subcultures and the Double Dividend of Zero-Tolerance

Dur, Robert A. J. - 2006

double dividend in that it reduces both minor offenses and more severe crime. We develop a model of criminal subcultures in … attractive for some people who would otherwise commit more severe crime. If social status is sufficiently important in criminal … subcultures, zero-tolerance reduces crime across the board …

Persistent link: https://www.econbiz.de/10012779694

When and How the Punishment Must Fit the Crime

Mailath, George J.; Nocke, Volker; White, Lucy - 2021

In repeated normal-form (simultaneous-move) games, simple penal codes (Abreu, 1986, 1988) permit an elegant characterization of the set of subgame-perfect outcomes. We show that the logic of simple penal codes fails in repeated extensive-form games. By means of examples, we identify two types of...

Persistent link: https://www.econbiz.de/10013315551

Is the Severity of the Penalty an Effective Deterrent? A Strategic Approach for the Crime of Tax Evasion

Chiarini, Bruno - 2016

can be tricky, this paper uses the crime strategic model (inspection game) proposed by Tsebelis. This model shows that any … attempts to increase the severity of punishment will alter the payoff of the individuals involved, leaving unchanged the … frequency of violation at equilibrium. This result is misleading: payoffs are not independent and the crime game can not be …

Persistent link: https://www.econbiz.de/10012979544

Much Ado About Nothing? The Role of Primary School Catchment Areas for Ethnic School Segregation. Evidence from a Policy Reform

Makles, Anna; Schneider, Kerstin - 2021

By the 2008/09 school year the federal state of North Rhine-Westphalia (Germany) abolished binding school catchment areas (SCAs) in all municipalities. The reform has been controversial and it was feared that school choice would increase ethnic segregation. Using data on all primary schools, we...

Persistent link: https://www.econbiz.de/10013315661

The Return to College : Selection Bias and Dropout Risk

Hendricks, Lutz - 2014

This paper estimates the effect of graduating from college on lifetime earnings. Motivated by the fact that nearly half of all college students fail to earn a bachelor's degree, we study a model of risky college completion. The central idea is that students drop out of college mainly because...

Persistent link: https://www.econbiz.de/10013054498

How Productive is Public Capital? A Meta-Analysis

Bom, Pedro; Ligthart, Jenny E. - 2021

capital amounts to 0.08 after correcting for publication bias. A substantial part of the heterogeneity across studies is … explained by study design parameters, such as econometric specification, estimation technique, empirical model, type of public …

Persistent link: https://www.econbiz.de/10013316601

Neighborhood Racial Characteristics, Credit History, and Bankcard Credit in Indian Country

Dimitrova-Grajzl, Valentina P. - 2017

We examine whether concerns about lenders' discrimination based on community racial characteristics can be empirically substantiated in the context of neighborhoods on and near American Indian reservations. Drawing on a large-scale dataset consisting of individual-level credit bureau records and...

Persistent link: https://www.econbiz.de/10012970494

Subjective and Objective Indicators of Racial Progress

Stevenson, Betsey - 2013

Progress in closing differences in many objective outcomes for blacks relative to whites has slowed, and even worsened, over the past three decades. However, over this period the racial gap in well-being has shrunk. In the early 1970s data revealed much lower levels of subjective well‐being...

Persistent link: https://www.econbiz.de/10013083264