Showing 1 - 10 of 75
Sovereign risk is defined as a country?s ability-to-pay and willingness-to-pay its debt. This paper examines how cabinet reshuffles affecting the ministry of finance or economics are perceived by sovereign bond holders in twelve Latin American countries from 1992 to 2005. We find that such...
Persistent link: https://www.econbiz.de/10010296045
The United States is often hailed as the world's largest 'free market'. But this 'free market' is also the world's largest penal colony. It holds over seven million adults – roughly five per cent of the labour force – in jail, in prison, on parole and on probation. Is this an anomaly, or...
Persistent link: https://www.econbiz.de/10011647604
Research that investigate the extent of labor market prospects on crime rates focus on conditions in a region and crime … labor market in a region may attract non-residents, either professional criminals who travel only to commit crime or … individuals who migrate hoping to find a job and failing to do so may inclined to commit crime. Indeed, using regional data from …
Persistent link: https://www.econbiz.de/10011397315
Becker (1968) and Stigler (1970) provide the germinal works for an economic analysis of crime. The approach they … outlined has been utilised to consider the response of crime rates to a range of economic, criminal and socioeconomic factors … observed pattern of crime. This paper builds on a recent publication in the literature (McIntyre & Lacombe 2012), and using the …
Persistent link: https://www.econbiz.de/10011397554
areas through elements of poverty and crime. As such, the degradation process is rendered visible on the basis of social … of the squatters as the origins of poverty and crime will be rendered debatable within the perspective of urban … that this area has been attracting attention for years due to its increasing poverty and crime rates, brought about urban …
Persistent link: https://www.econbiz.de/10011399917
There is a long-held belief that inequality is a major determinant of violent crime, particularly homicides. Some … inequality. This study addresses the issue of measurement error in inequality by using the relationship between migration and … inequality. Using rainfall shocks and changes in transport costs as exogenous sources of out-migration from rural areas in Brazil …
Persistent link: https://www.econbiz.de/10011400517
This paper explores the determinants of crime victimization at the neighborhood level, using data from the French … economics of crime literature is then twofold. First, I show that neighborhood characteristics are important determinants of … crime victimization. In particular, local unemployment rate is found to be one of the most important factor explaining …
Persistent link: https://www.econbiz.de/10011400644
more likely to accept using violence for achieving political goals, consistent with the economic model of crime. We also …
Persistent link: https://www.econbiz.de/10010305939
Illegal activities harm individuals and society as a whole. Besides the physical harm and immediate wealth loss, crime … evidence that the surge of crime rates in Mexico contributed to higher incidence of major depressive disorder in the population …. Focusing on Mexico allows us to analyse how a sudden, arguable exogenous shock on overall crime rates in the 2000s, namely the …
Persistent link: https://www.econbiz.de/10012099174
. Second, the use of cash in crime, here especially in corruption, is also econometrically investigated. The influence is … about organized crime are also shown; the importance of cash is diminishing. Third, some remarks about terrorism are made … a minor influence on the shadow economy, crime and terrorism, but potentially a major influence on civil liberties. …
Persistent link: https://www.econbiz.de/10011687795