Draca, Mirko; Koutmeridis, Theodore; Machin, Stephen - 2015
risen sharply recently as world prices for them have risen, namely commodity related goods (jewellery, fuel and metal crimes …), finding sizable elasticities when we instrument local UK prices by exogenous shifts in global commodity prices. Finally, we … show that changes in the prices of loot from crime have played a role in explaining recent crime trends. …