Engelhardt, Bryan; Rocheteau, Guillaume; Rupert, Peter - Department of Economics, University of California-Santa … - 2007
. For instance, a more generous unemployment insurance system reduces the crime rate of the unemployed but its effect on the … crime rate of the employed depends on job duration and jail sentences. When the model is calibrated to U.S. data, the … overall effect on crime is positive but quantitatively small. Wage subsidies reduce unemployment and crime rates of employed …