Braakmann, Nils - In: Journal of urban economics 66 (2009) 3, pp. 218-231
This paper investigates whether high regional crime levels lead to a compensating wage differential paid by firms in … individual and regional heterogeneity. The findings suggest that wages are practically unrelated to changes in crime rates. This … result is robust over a wide range of subgroups. There is, however, some evidence that crime rates influence land prices. …
