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eff ort against crime. Among the implications of the model are that rising inequality will lead to more expenditure on … income class. Taking into account the response of criminals and victims, rising inequality can actually lead to less crime if … middle class suff ers from higher crime densities as inequality increases, as the increased spending on protection by the …
Persistent link: https://www.econbiz.de/10009246528
Starting from Becker’s seminal paper we review the first contributions to the economics of crime, stressing how with … account the probability of being arrested and punished and the expected returns from crime. Criminal decision is an economic … the main recent contributions to the economics of crime; in particular we outline the determinants of criminal behaviours …
Persistent link: https://www.econbiz.de/10005685727
This study employs state-level panel data to examine the effect of income inequality on crime in the United States …. Using panel cointegration techniques, we find a significant negative effect of inequality on crime. …
Persistent link: https://www.econbiz.de/10010594080
The anonymity of Bitcoin prevents analysis of its users. We collect Google Trends data to examine determinants of interest in Bitcoin. Based on anecdotal evidence regarding Bitcoin users, we construct proxies for four possible clientele: computer programming enthusiasts, speculative investors,...
Persistent link: https://www.econbiz.de/10011107469
A celebrated result in the economics of crime, which we call the Becker proposition (BP), states that it is optimal to … on enforcement costs). Several other applications, some unrelated to the economics of crime, arise when an economic agent …
Persistent link: https://www.econbiz.de/10005230665
The Becker proposition (BP) is one of the founding pillars of the modern literature on Law and Economics. It states that it is optimal to impose the severest possible punishment (to maintain effective deterrence) at the lowest possible probability (to economize on enforcement costs). The BP is...
Persistent link: https://www.econbiz.de/10008457272
In oligopolistic industries that are unionised and may be affected by offshoring, falling offshoring costs have a moderating effect on trade unions. They will accept lower sector wages in order to discourage mobile forms from leaving the country. Since such wages are independent of the workers'...
Persistent link: https://www.econbiz.de/10010299971
Unions are often stigmatized as being a source of inefficiency due to higher collective bargaining outcomes. This is in stark contrast with the descriptive evidence presented in this paper. Larger firms choose to export and are also more likely to adopt collective bargaining. We rationalize...
Persistent link: https://www.econbiz.de/10011301615
Im Durchschnitt lagen die Lohnstückkosten der Konkurrenz im Jahr 2014 um 11 Prozent unter dem Niveau des deutschen Verarbeitenden Gewerbes. Der Euroraum hatte mit 3 Prozent nur einen moderaten Vorteil gegenüber Deutschland. Zwar ist auch die Produktivität in Deutschland überdurchschnittlich...
Persistent link: https://www.econbiz.de/10011633409
Das Lohnstückkostenniveau des deutschen Verarbeitenden Gewerbes ist nach wie vor hoch. Im Durchschnitt lagen die Lohnstückkosten in den ausgewählten Vergleichsländern im Jahr 2015 um 11 Prozent unter dem deutschen Niveau. Der Euroraum hatte mit 4 Prozent nur einen moderaten Vorteil...
Persistent link: https://www.econbiz.de/10011642290