multiplier in crime of 2 …

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 …

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 …

police, public prosecution and courts, respectively, on crime. Using detailed data on the different stages of the criminal … conviction play a major role in explaining the variation of crime rates, while the impact of the severity of punishment is small …

offenders. The overlap between offenders and victims is not well understood in criminology, and in the economics of crime the …

earthquake decreased burglaries but left other crime types unaffected. The effect stays significant even after controlling for … theory of crime, value and specialization. We conclude that burglars respond to damages that devaluate their prospective … takings. Yet, they cannot shift their specialization and substitute burglaries with other crime types …

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 …

punishment to former inmates recommitting a crime can be considered as good as randomly assigned. Based on a unique data set on … recommit a crime by 1.24 percent: this corroborates the general deterrence hypothesis. However, this effect depends on the time …

The trade-off between the immediate returns from committing a crime and the future costs of punishment depends on an … heterogeneity based on age, education, crime type, and nationality. Our estimates imply that the majority of deterrence is derived …