This paper investigates the impact of economics conditions (carrots) and sanctions (sticks) on murder, assault, robbery, burglary and motor vehicle theft in New York City, using monthly time-series data spanning 1974-1999. Carrots are measured by the unemployment rate and the real minimum wage;...

This paper uses monthly time-series data from New York City that span 1970 to 1996, to provide new evidence on the relationship among crime, deterrence and drug use. The results provide strong support for the deterrence hypothesis. Murders, robberies, burglaries and motor vehicle thefts decline...

This paper uses monthly time-series data from New York City that span 1970 to 1996, to provide new evidence on the relationship among crime, deterrence and drug use. The results provide strong support for the deterrence hypothesis. Murders, robberies, burglaries and motor vehicle thefts decline...

This paper investigates the impact of economics conditions (carrots) and sanctions (sticks) on murder, assault, robbery, burglary and motor vehicle theft in New York City, using monthly time-series data spanning 1974-1999. Carrots are measured by the unemployment rate and the real minimum wage;...