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reduce crime. However, the empirical evidence on the relationship between economic shocks and criminal behavior is at best … predate. Beyond this basic distinction between an "opportunity cost" and a "rapacity" mechanism that may mediate the effect of … economic shocks on crime, this chapter proposes a simple conceptual framework to understand this nuanced relationship. We posit …
Persistent link: https://www.econbiz.de/10012800583
potential determinants of crime, such as labor market conditions, public goods provision, and income inequality. We propose a …This paper studies the effect of changes in economic conditions on crime. We exploit the 1990s trade liberalization in … tariff reductions experienced a temporary increase in crime following liberalization. Next, we investigate through what …
Persistent link: https://www.econbiz.de/10011689460
This paper estimates the effect of local labor market conditions on crime in a developing country with high crime rates …. Contrary to the previous literature, which has focused exclusively on developed countries with relatively low crime rates, we … large relative increases in crime rates in the medium term, but these effects virtually disappear in the long term. This …
Persistent link: https://www.econbiz.de/10011449773
We present a model of wage contract violation that implies a possibility of multiple equilibria in the level of arrears. Positive feedback arises because each employer's arrears affect the costs of late payment faced by other employers operating in the same labor market, resulting in a network...
Persistent link: https://www.econbiz.de/10011339102
This paper estimates the effect of local labor market conditions on crime in a developing country with high crime rates …. Contrary to the previous literature, which has focused exclusively on developed countries with relatively low crime rates, we … large relative increases in crime rates in the medium term, but these effects virtually disappear in the long term. This …
Persistent link: https://www.econbiz.de/10013001322
potential determinants of crime, such as labor market conditions, public goods provision, and income inequality. We propose a …This paper studies the effect of changes in economic conditions on crime. We exploit the 1990s trade liberalization in … tariff reductions experienced a temporary increase in crime following liberalization. Next, we investigate through what …
Persistent link: https://www.econbiz.de/10012098787
potential determinants of crime, such as labor market conditions, public goods provision, and income inequality. We propose a …This paper studies the effect of changes in economic conditions on crime. We exploit the 1990s trade liberalization in … tariff reductions experienced a temporary increase in crime following liberalization. Next, we investigate through what …
Persistent link: https://www.econbiz.de/10011617462
these dynamics. Relying on a game-theoretic approach, we show how inequality and corruption are interconnected via a crime …Empirical evidence on the causes and effects of inequality suggests the existence of a vicious circle of mutually … reinforcing inequality and corruption. Despite the broad empirical evidence, there are only a few formal theoretical models on …
Persistent link: https://www.econbiz.de/10012902058
Recent evidence on functional income distribution suggests that the shares of capital and labour in national income vary considerably both over time and across countries. Specifically, there seems to be a general reduction in the labour share around the world, in particular from the mid-1980s...
Persistent link: https://www.econbiz.de/10009548636
We show that wage setting in the Colombian manufacturing industry is not fundamentally driven by labor productivity in contrast to the standard theoretical prediction. On the contrary, internal institutional arrangements – payroll taxation, the minimum wage or the price wedge between...
Persistent link: https://www.econbiz.de/10010502793