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, rising crime rates also translate into larger prison populations. To break that simultaneity, this paper uses the status of … demonstrated to have a negative impact on prison populations, but is unlikely to be related to fluctuations in the crime rate …, except through its effect on prison populations. Instrumenting results in estimates of the elasticity of crime with respect …
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, rising crime rates also translate into larger prison populations. To break that simultaneity, this paper uses the status of … demonstrated to have a negative impact on prison populations, but is unlikely to be related to fluctuations in the crime rate …, except through its effect on prison populations. Instrumenting results in estimates of the elasticity of crime with respect …
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