Ferraz, Eduardo; Soares, Rodrigo Reis; Vargas, Juan F. - 2021
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 …