This paper is the introductory chapter for the forthcoming NBER volume Controlling Crime: Strategies and Tradeoffs. The Great Recession has led to cuts in criminal justice expenditures, and the trend towards ever-higher incarceration rates that has been underway since the 1970s in the U.S....

The paper analyzes the causal effects of the business cycle on crime. Among the main conclusions are that robbery and burglary are countercyclical, motor vehicle theft is pro-cyclical, and criminal homicide is acyclical. We also analyze suicide patterns, finding that while suicide rates overall...

Based on administrative data for five cohorts of public school children in North Carolina, we demonstrate that those born just after the cut date for starting school are likely to outperform those born just before in reading and math in middle school, and are less likely to be involved in...

This paper presents the first attempt to estimate the benefits of reducing crime using the contingent-valuation (CV) method. We focus on gun violence, a crime of growing policy concern in America. Our data come from a national survey in which we ask respondents referendum-type questions that...

On January 1, 1991, the federal excise tax on beer doubled, and the tax rates on wine and liquor increased as well. These changes are larger than the typical state-level changes that have been used to study the effect of price on alcohol abuse and its consequences. In this paper, we develop a...

The "core right" established in D.C. vs. Heller (2008) is to keep an operable handgun in the home for self-defense purposes. If the Court extends this right to cover state and local jurisdictions, the result is likely to include the elimination of the most stringent existing regulations - such...