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The United States has policed the multinational effects of multinational corporations more aggressively than any other coun-try, but recent decisions under the Alien Tort Statute indicate that it is now backtracking. Europe, paradoxically, is moving in the other direction. Why do some countries...
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In recent years, criminologists, as well as journalists, have devoted considerable attention to the potential deterrent effect of what is sometimes referred to as “proactive” policing. This style of policing entails the vigorous enforcement of laws against relatively minor or frequent...
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We argue that the key impediment to accurate measurement of the effect of police on crime is not necessarily … simultaneity bias, but bias due to mismeasurement of police. Using a new panel data set on crime in medium to large U.S. cities … over 1960- 2010, we obtain measurement error corrected estimates of the police elasticity of the cost-weighted sum of …
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Politicians, journalists, and academics alike highlight the paucity of criminal prosecutions for senior financial executives in the United States in the wake of the 2008 financial crisis. One common argument for the lack of prosecutions is that, though industry players behaved recklessly, they...
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