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This paper estimates consumer demand for firearms with the aim of predicting the likely impacts of firearm regulations … individual-level demand model for firearms. We validate our estimates using aggregate moments from observational data. Next, we …. Importantly, we find that bans or restrictions that specifically target "assault weapons" increase demand for handguns, which are …
Persistent link: https://www.econbiz.de/10014226131
We argue that recoveries from demand-driven recessions with expenditure cuts concentrated in services or non … towards more durable goods, the less the recovery is buffeted by pent-up demand. We show that, in a standard multi …-sector business-cycle model, this prediction holds if and only if, following an aggregate demand shock to all categories of spending …
Persistent link: https://www.econbiz.de/10012629524
passage of shall- issue laws, although the absence of any clear theory as to why this would be the case tends to undercut any …
Persistent link: https://www.econbiz.de/10012469370
Most new consumer durable goods experience rapid prices declines and quality improvements, suggesting the importance of modeling dynamics. This paper specifies a dynamic model of consumer preferences for new durable goods with persistently heterogeneous consumer tastes, rational expectations,...
Persistent link: https://www.econbiz.de/10012463910
Open government holds promise of both a more efficient but more accountable and transparent government. It is not clear, however, how transparent information about citizens and their interaction with government, however, affects the welfare of those citizens, and if so in what direction. We...
Persistent link: https://www.econbiz.de/10013191035
Gun buyback programs (GBPs), which use public funds to purchase civilians' privately-owned firearms, aim to reduce gun violence. However, little is known about their effects on firearm-related crime or deaths. Using data from the National Incident Based Reporting System, we find no evidence that...
Persistent link: https://www.econbiz.de/10012533312
We analyze a sample of 47 major US cities to illuminate the mechanisms that lead Right-to-Carry concealed handgun laws to increase crime. The altered behavior of permit holders, career criminals, and the police combine to generate 29 and 32 percent increases in firearm violent crime and firearm...
Persistent link: https://www.econbiz.de/10013334408
We study the opposing deterrent and enabling effects of guns carried by law-abiding citizens on violent crime, using the location of shooting ranges as an instrument. Our incident-level data based on admittedly imperfect data from the Gun Violence Archive suggests that defensive gun use (DGU) by...
Persistent link: https://www.econbiz.de/10014486200
We provide the first quasi-experimental estimates of variation in suicide impulsivity by age by examining the impact of firearm purchase delay laws by age. Prior studies of firearm purchase delay laws use traditional two-way-fixed-effects estimation, but we demonstrate that bias due to...
Persistent link: https://www.econbiz.de/10014437048
The interaction between offenders and potential victims has so far received relatively little attention in the literature on the economics of crime. The main objective of this paper is twofold: to extend the "market for offenses model" to deal with both "product" and "factor" markets, and to...
Persistent link: https://www.econbiz.de/10012462644