Buonanno, Paolo; Fergusson, Leopoldo; Vargas, Juan Fernando - UNIVERSIDAD DEL ROSARIO - 2014
Abstract: We document the existence of a Crime Kuznets Curve in US states since the 1970s. As income levels have risen, crime has followed an inverted U-shaped pattern, rst increasing and then dropping. The Crime Kuznets Curve is not explained by income inequality. In fact, we show that during...