This paper uses a natural policy experiment to estimate how changes in the costs of engaging in criminal activity may influence adolescents’ decisions in crime participation and school attendance. The study finds that, after an exogenous decrease in the severity of judicial punishment imposed...

This paper uses a natural policy experiment to estimate how changes in the costs of engaging in criminal activity may influence adolescents¿ decisions in crime participation and school attendance. The study finds that, after an exogenous decrease in the severity of judicial punishment imposed...