We study the determinants of youth crime using a dynamic discrete choice model of crime and education. We allow past … roles of state dependence, returns to experience, and heterogeneity in driving crime and enrollment decisions among youth … temporarily keep youth away from crime, can have important and lasting effects even if criminal experience has already accumulated. …

afterwards. Beyond the well documented asymmetries across countries, we uncover different responses of adult and youth … unemployment rates. While adult unemployment is more prone to experience structural breaks, youth unemployment is more sensitive to … specifically targeted to youth unemployed in bad times. One important implication of our findings is that generic labour market …