This research presents a dynamic model of crime in which agents anticipate future consequences of their actions. Current period decisions affect future outcomes by a process of capital accumulation. While investigating the role of human capital, the focus of our study is on a form of capital...

Recent research has highlighted the importance of interaction between individuals and their community in determining criminal and labor market choice, while standard models have focused on a human capital explanation. This research attempts to reconcile these two strands of literature by...

We study criminality in a dynamic context by introducing social capital into the economic theory of crime. Social capital measures the extent to which an individual is bonded to legitimate society. According to the social control perspective. bonds to society strengthen as the individual ages,...

This paper investigates the relationship between property crimes and work using data from the 1958 Philadelphia Birth Cohort Study. These data provide a unique opportunity to investigate the crime as work model, containing information on earnings and arrests for a sample representative of young...

This paper estimates the price responsiveness of cannabis, alcohol and cigarette use. Individual level data from four waves of the National Drug Strategy Household Survey are merged with previously unavailable state level data on cannabis prices, and ABS alcohol and tobacco price indices. In...

We begin by putting the size of Australia's crime problem in an international perspective thorugh comparisons with England and the U.S. Having established the magnitude of crime in Australia, section 3, rovides a framework useful for understanding the 'tough on crime' policy approach. Section...