In economic models of crime individuals respond to changes in the potential value of criminal opportunities. We analyse this issue by estimating crime-price elasticities from detailed data on criminal incidents in London between 2002 and 2012. The unique data feature we exploit is a detailed...

We provide first evidence that temporal variations in the expected returns to crime affect the location of property crime. Our identification strategy relies on the widely-held perception in the UK that households of South Asian descent store gold jewellery at home. Price movements on the...

This paper investigates the psychological effects from stock market returns. Using a FBIdatabase of over 55 million daily reported crime incidents across the United States, crime isproposed as a measure of psychological well-being. The evidence suggests that stock returnsaffect not only the...