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This paper investigates the impact of unskilled workers' earnings on crime. Following the literature on wage inequality … crime regressions. Regressions that employ state panels reveal that technology-induced variations in unskilled workers …' earnings impact property crime with an elasticity of -1, but that wages have no impact on violent crime. The paper also …
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The extent to which households can self-insure and the government can help them to do so depends on the wage risk that they face and their family structure. We study wage risk in the UK and show that the persistence and riskiness of wages depends on one's age and position in the wage...
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