This paper employs fixed and random effects regressions to analyze panel data from the 50 states and Washington, D.C., between the years of 1980 and 2005, to estimate the relationship between the death penalty and homicide rate, and the degree to which this relationship affects crime outcomes....

Accounting plays a role in the death penalty debate. Accounting studies have compared the cost of capital punishment with the cost of life imprisonment. The studies have all shown that it is cheaper to lock convicted murderers up than it is to employ capital punishment. A survey was conducted...