Baumann, Robert; Muroi, Chihiro - Department of Economics and Accounting, College of the … - 2009
Although theory suggests the relationship between crime and wealth is ambiguous, most empirical analyses estimate a … monotonic relationship and find that wealth has negative effect on crime. Using two proxies for wealth (median income and … crime-wealth groups. In general, the expected negative effect of wealth on crime only applies to wealthier counties. In …