Journal article
UNDERSTANDING THE DETERMINANTS OF CRIME
Journal of economics and finance, v 30(2), pp 270-284
01 Jul 2006
Abstract
In this paper, we use an overlapping generations model where individuals are allowed to engage in both legitimate market activities and criminal behavior in order to assess the role of certain factors on the property crime rate. In particular, we investigate if differences in the unemployment rate, fraction of low human capital individuals in an economy, apprehension probability, duration of a jail sentence, and income inequality could be capable of generating large differences in crime rates that are observed across countries. We find that small differences in the apprehension probability and income inequality can generate quantitatively significant differences in the crime rates across similar environments. [PUBLICATION ABSTRACT]
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16 citations in Scopus
Details
- Title
- UNDERSTANDING THE DETERMINANTS OF CRIME
- Creators
- Ayse Imrohoroglu - University of Southern CaliforniaAntonio Merlo - University of PennsylvaniaPeter Rupert - Federal Reserve Bank of Cleveland
- Publication Details
- Journal of economics and finance, v 30(2), pp 270-284
- Publisher
- Springer Nature B.V
- Resource Type
- Journal article
- Language
- English
- Scopus ID
- 2-s2.0-77951918584
- Other Identifier
- 991022026858204721