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Crime rates in the United States have declined to historical lows since the early 1990s. Prison and jail incarceration … assessment of whether the crime declines can be attributed to the massive expansion of the U.S. criminal justice system. We argue … that the crime is certainly lower as results of this expansion and the crime rate in the early 1990s was likely a third …
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We use rich microdata on bank robberies to estimate individual-level disutilities of imprisonment. The identification rests on the money versus apprehension trade-off that robbers face inside the bank when deciding whether to leave or collect money for an additional minute. The distribution of...
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punishment to former inmates recommitting a crime can be considered as good as randomly assigned. Based on a unique data set on … recommit a crime by 1.24 percent: this corroborates the general deterrence hypothesis. However, this effect depends on the time …
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