Peer interactions play a key role in the criminal sector due to its secrecy and lack of formal institutions. A significant part of criminal peer exposure happens in prison, directly influenced by policymakers. This paper provides a broader understanding of how peer effects shape criminal...

Inmates' informal code often ascribes low status to persons perceived as passive homosexuals. We use longitudinal data to investigate whether prison experience contributes to anti-gay beliefs. We find that prison experience prompts a higher level of anti-gay sentiments among males and their...

U.S. law requires the Attorney General to collect data on hate crime victimization from states and municipalities, but states and localities are under no obligation to cooperate by gathering or sharing information. Data production hence varies considerably across jurisdictions. This paper...

There are various studies on the role of institutional and non-institutional factors in developing the level and nature (or types) of entrepreneurship. In these studies, there have been no attention to the causal relationship between these variables, and the direction of the causality are...

Purpose - We search for determinants of the change in homicides over time by analyzing the interconnection between a high incidence of murders and the socioeconomic environment, using Puerto Rico as the case study. This case presents intriguing facts that challenge some of the conventional crime...

This article employs a dynamic stochastic general equilibrium framework to examine asymmetric information and limited contract enforcement in financial markets, where firms have access to both internal and external sources of finance. It considers limited enforcement of financial contract in the...

Die Autoren haben die Auswirkungen eines beschränkten Verbots von Alkoholverkäufen zwischen 22 und 5 Uhr auf Gewalttaten analysiert. Das Verbot galt in Baden-Württemberg von 2010 bis 2017. Es führte dazu, dass Körperverletzungen abnahmen, hatte aber keinen signifikanten Einfl uss auf...

In many developing and emerging economies, frequent power outages are often a consequence of electricity rationing, stemming from the insufficient generation capacity to meet peak demand. In an effort to minimize the disruption caused by sudden power outages, utilities often implement scheduled...

Legal and illegal markets often coexist. In theory, marginal legalization can either substitute for the remaining parallel market, or complement it via scale effects. I study migrants crossing without prior authorization at the US southwest border, where large-scale unlawful crossing coexists...

Pressure groups may use bribes, violence, or a combination of both to bend politics to their will, and the choice between these methods of influence can vary depending on the type of institutional regime. We empirically investigate the dynamics of bribes and violence around elections in...