Guarín, Arlen; Medina, Carlos; Tamayo, Jorge Andrés - BANCO DE LA REPÚBLICA - 2013
Based on individual data on the population of those arrested in Medellín, we assess whether the change in punishment at age 18, mandated by law, has a deterrent effect on arrests. No deterrent effect was found on index, violent or property crimes, but a deterrence effect was found on non-index...