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We analyze the economic consequences on firm profitability, performance, and investments of having another firm in the same market affiliated with a criminal organization. We do so by evaluating the spillover effects of a law providing the judicial administration of organized crime firms through...
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Since Becker (1968), the causes and consequences of crime have been of interest to economists. Crime has been found to cause uncertainty and inefficiency while discouraging investment. This dissertation revisits the consequences of crime for an economy and its actors. In particular, additional...
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How do changes in mobility impact crime? Using police precinct-level daily crime statistics and shootings data from the state of Rio de Janeiro, Brazil, we estimate that extortion, theft, and robberies decrease by at least 41.6% following COVID-19 mandated stay-at-home orders and changes in...
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