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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
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/10010262404
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/10005822557
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 evaluates the effect on crime of creating a fundamental modern-day institution: centralized professional … police forces tasked with preventing crime. We study the 1829 formation of the London Metropolitan Police - the first … professional force worldwide. Using newly digitized and geocoded crime and police data together with difference-indifferences and …
Persistent link: https://www.econbiz.de/10012418183
In this chapter we inspect economic mechanisms through which technological progress shapes the degree of inequality … among workers in the labour market. A key focus is on the rise of US wage inequality over the past 30 years. However, we … also pay attention to how Europe did not experience changes in wage inequality but instead saw a sharp increase in …
Persistent link: https://www.econbiz.de/10005504683
are related to different dimensions of grievance-inducing and, partly, greed-related inequality, which may occur in … polygynous societies. These dimensions include (i) economic, reproductive and social inequality resulting in relative deprivation … among non-elite men; (ii) inequality within elites when it comes to the distribution of resources and inheritance, both …
Persistent link: https://www.econbiz.de/10012207995
are related to different dimensions of grievance-inducing and, partly, greed-related inequality, which may occur in … polygynous societies. These dimensions include (i) economic, reproductive and social inequality resulting in relative deprivation … among non-elite men; (ii) inequality within elites when it comes to the distribution of resources and inheritance, both …
Persistent link: https://www.econbiz.de/10012623081
are related to different dimensions of grievance-inducing and, partly, greed-related inequality, which may occur in … polygynous societies. These dimensions include (i) economic, reproductive and social inequality resulting in relative deprivation … among non-elite men; (ii) inequality within elites when it comes to the distribution of resources and inheritance, both …
Persistent link: https://www.econbiz.de/10013326493
Institutions determine prospects for economic growth and development. This paper collapses potentially complex … interactions of different institutions into a simple condition on the primitives that determines whether a society supports spot …
Persistent link: https://www.econbiz.de/10005455482