This paper develops a dynamic life-cycle equilibrium model of crime with hetero-geneous agents and human capital … accumulation. Agents decide at each point in time whether to commit crimes by comparing potential gains from crime to the expected … cost of punishment (determined from the probability of apprehension, the utility cost of incarceration, and reduced future …

conviction play a major role in explaining the variation of crime rates, while the impact of the severity of punishment is small … police, public prosecution and courts, respectively, on crime. Using detailed data on the different stages of the criminal … and insignificant. -- general deterrence ; certainty of punishment ; public prosecutors ; informal punishment ; panel data …

that school sanctions may have important long-run benefits. -- Drug ; crime ; adolescent ; risky behavior ; expulsion …

bear a higher burden of punishment costs than non-police subjects. When the norm enforcement institution is endogenous, all …

criminal law instead of juvenile penal law decreases expected recidivism of adolescents. -- crime ; recidivism ; treatment …

Establishment exposure to crime is a frequent occurrence and a major obstacle to business operation in developing … economies. We present a simple theory for the frequency and severity of crime across establishment size that is validated … against the data in South America. We find that high expectation of crime at the establishment- level is strongly associated …

between unemployment and crime also depends on preexisting local crime levels. In order to analyze conjectured nonlinearities … quantile regressions confirm the positive link between unemployment and crime for property crimes, results for assault differ … importance of the relationship are conditional on the crime rate: The partial effect is significantly positive for moderately low …