Engelhardt, Bryan; Rocheteau, Guillaume; Rupert, Peter - In: Journal of Public Economics 92 (2008) 10-11, pp. 1876-1891
This paper extends the Pissarides [Pissarides, Christopher A. Equilibrium Unemployment Theory. Cambridge: MIT (2000)] model of the labor market to include crime and punishment à la Becker [Becker, Gary S. "Crime and punishment: an economic approach." Journal of Political Economy 76 (1968):...