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The economics of crime has emerged as a critical field over the past 30 years, with economists increasingly exploring … economists, who investigate the (often two-way) intersection of crime with labor market factors, such as education, wages, and … effectively reduce crime. This comprehensive review underscores the transformative impact of economics on crime research and its …
Persistent link: https://www.econbiz.de/10015084154
In economic models of crime individuals respond to changes in the potential value of criminal opportunities. We analyse … this issue by estimating crime-price elasticities from detailed data on criminal incidents in London between 2002 and 2012 … burglary incidents. We first consider a panel of consumer goods covering the majority of market goods stolen in the crime …
Persistent link: https://www.econbiz.de/10011283155
offenders. The overlap between offenders and victims is not well understood in criminology, and in the economics of crime the …
Persistent link: https://www.econbiz.de/10010201262
Crime rates in the United States have declined to historical lows since the early 1990s. Prison and jail incarceration … assessment of whether the crime declines can be attributed to the massive expansion of the U.S. criminal justice system. We argue … that the crime is certainly lower as results of this expansion and the crime rate in the early 1990s was likely a third …
Persistent link: https://www.econbiz.de/10011455310
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 … form estimates or traditional partial equilibrium, static models of crime. Equilibrium effects can be particularly relevant …
Persistent link: https://www.econbiz.de/10012821860
reduce crime. However, the empirical evidence on the relationship between economic shocks and criminal behavior is at best … economic shocks on crime, this chapter proposes a simple conceptual framework to understand this nuanced relationship. We posit … puzzles as well as areas where additional research on the relationship between economic shocks and crime would be welcome. …
Persistent link: https://www.econbiz.de/10012800583
Most studies examining the impact of migrants on crime rates in hosting populations are in the context of economic … migrants in developed countries. However, we know much less about the crime impact of refugees in low- and middle … limited access to formal employment, and face partial mobility restrictions, we find that total crime per person (including …
Persistent link: https://www.econbiz.de/10012604161
crime and fear of crime. Forty years of reforms shifted the boundaries between Russian eleven time zones. I find that a …
Persistent link: https://www.econbiz.de/10012648651
Do reductions in arrests increase crime? We study line-of-duty deaths of police officers, events that likely impact … contrast, we find no evidence of an increase in crime or a change in victim reporting through 911 calls. There is also no … apparent threshold of arrest decline beyond which crime increases. Our findings suggest that enforcement activity can be …
Persistent link: https://www.econbiz.de/10012745215
We use rich microdata on bank robberies to estimate individual-level disutilities of imprisonment. The identification rests on the money versus apprehension trade-off that robbers face inside the bank when deciding whether to leave or collect money for an additional minute. The distribution of...
Persistent link: https://www.econbiz.de/10011664459