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offenders. The overlap between offenders and victims is not well understood in criminology, and in the economics of crime the … offending behavior, whereas individual victimization risks are significantly linked to education, employment and size of peer …
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This paper develops a dynamic life-cycle equilibrium model of crime with hetero-geneous agents and human capital … accumulation. Agents decide at each point in time whether to commit crimes by comparing potential gains from crime to the expected … form estimates or traditional partial equilibrium, static models of crime. Equilibrium effects can be particularly relevant …
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environment. Using geocoded crime data and a novel source of within-city spatial and temporal variation in punishment severity, I … consistent with police treating enforcement effort and punishment severity as complementary. I also find that citywide crime and …
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