Showing 1 - 10 of 36
Much work on crime has focused on the effect of criminal sanctions on crime, ignoring (except as a control variable …) the effect of labor market conditions on crime. This study reviews studies of time series, cross area, and individual … evidence pertaining to the effect of unemployment and other labor market variables on crime and compares the "strength" of the …
Persistent link: https://www.econbiz.de/10012478074
This paper shows that participation in crime and involvement with the criminal justice system has reached extraordinary … levels among young men. With approximately 2 percent as many men incarcerated as in the labor force, the crime rate should … the continued high level of crime by less educated men, despite incapacitation and the deterrent effect of imprisonment …
Persistent link: https://www.econbiz.de/10012473411
This paper presents evidence on the relation among incarceration, crime, and the economic incentives to crime, ranging … have reduced the rate of crime, through the incapacitation of criminals and through the deterrent effect of potential … arrest and imprisonment. But administrative records show no such drop in crime and the victims survey shows a fall far below …
Persistent link: https://www.econbiz.de/10012473997
entire decade. The magnitudes of incarceration, probation, and parole among black dropouts, in particular, suggest that crime …. Limited evidence on the returns to crime suggest that with the decline in earnings and employment for less educated young men …, crime offers an increasingly attractive alternative …
Persistent link: https://www.econbiz.de/10012475114
This essay reviews what economists have learned about the impact of labor market institutions, defined broadly as government regulations and union activity on labor outcomes in developing countries. It finds that: 1) Labor institutions vary greatly among developing countries but less than they...
Persistent link: https://www.econbiz.de/10012463858
The 1990s economic performance of the US suggests that the country may have the right mix of institutions and policies to be the peak capitalist economy in the new information economy. This paper develops criterion for judging peak status and examines whether the US fulfills these criterion. The...
Persistent link: https://www.econbiz.de/10012470993
The standard of living in the industrialized nations has been steadily increasing over the last few decades. Yet some observers wonder whether we are really getting any happier. This paper addresses that question by examining well-being data on 100,000 randomly sampled Americans and Britons from...
Persistent link: https://www.econbiz.de/10012471289
We revisit the well-known negative association between union coverage and individuals' job satisfaction in the United States, first identified over forty years ago. We find the association has flipped since the Great Recession such that union workers are now more satisfied than their non-union...
Persistent link: https://www.econbiz.de/10012510595
Economic shocks are notoriously difficult to predict but recent research suggests qualitative metrics about economic actors' expectations are predictive of downturns. We show consumer expectations indices from both the Conference Board and the University of Michigan predict economic downturns up...
Persistent link: https://www.econbiz.de/10012660050
Four million Native Americans who identify as single race live in the USA. Another three million identify as Native …
Persistent link: https://www.econbiz.de/10012616567