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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 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
This chapter analyzes the implications of the unexpected 2020-2021 COVID-19 pandemic for work and retirement in the U.S. The pandemic induced the greatest loss of jobs in the shortest period of time in U.S. history. A slow economic recovery would surely have endangered work longer/retire later...
Persistent link: https://www.econbiz.de/10012814428
The Great Recession tested the ability of the "great U.S. jobs machine" to limit the severity of unemployment in a major economic downturn and to restore full employment quickly afterward. In the crisis the American labor market failed to live up to expectations. The level and duration of...
Persistent link: https://www.econbiz.de/10012459074