This paper extends the Pissarides [Pissarides, Christopher A. Equilibrium Unemployment Theory. Cambridge: MIT (2000)] model of the labor market to include crime and punishment à la Becker [Becker, Gary S. "Crime and punishment: an economic approach." Journal of Political Economy 76 (1968):...

Prison-based work programs as well as income payments to released prisoners are both potential ways to reduce recidivism. Currently, these two components are loosely connected as prisoners who participate in work programs save, voluntarily or as a requirement, a fraction of their earnings and...

We estimate the impact sporting events have on local crime rates using the technique developed in Arellano and Bond (2001). For events, we consider the presence of MLB, NBA, NFL, and NHL franchises as well as whether a city held one of the respective championships, the Olympics, or World Cup...