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Using data on household portfolios and mortgage originations, we find that households residing in a city with few publicly traded firms headquartered there are more likely to own an investment home nearby. Households in these areas are also less likely to own stocks. This only-game-in-town...
Persistent link: https://www.econbiz.de/10012458865
In the 1980s, many U.S. cities initiated programs reserving a proportion of government contracts for minority-owned businesses. The staggered introduction of these set-aside programs is used to estimate their impacts on the self-employment and employment rates of African-American men. Black...
Persistent link: https://www.econbiz.de/10012459777
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This paper studies the impact of adult prosecution on recidivism and employment trajectories for adolescent, first-time felony defendants. We use extensive linked Criminal Justice Admin- istrative Record System and socio-economic data from Wayne County, Michigan (Detroit). Using the discrete age...
Persistent link: https://www.econbiz.de/10014337757
associated with murder, assault, and motor vehicle theft. We also examine the effect of drop out on self-reported crime in the … differences in the probability of arrest or incarceration conditional on crime. We estimate that the externality of education is … in the form of externalities from crime reduction …
Persistent link: https://www.econbiz.de/10012470111
African- American motorist in the United States are much more likely than white motorists to have their car searched by police checking for illegal drugs and other contraband. The courts are faced with the task of deciding on the basis of traffic-search data whether police behavior reflects a...
Persistent link: https://www.econbiz.de/10012471334
Canonical models of crime emphasize economic incentives. Yet, causal evidence of sorting into criminal occupations in … formal-sector employment induces crime. Regression discontinuity estimates show this policy generated reductions in formal …-sector employment and a corresponding spike in organized crime, but no effects on crimes of impulse or opportunity …
Persistent link: https://www.econbiz.de/10012480147
We study the spillover effects of prescription drug monitoring programs (PDMPs) on crime, and in the process inform how … of controlled substances. Using information on offenses known to law enforcement and arrests from the Uniform Crime … Reports (UCR), combined with a difference-in-differences empirical strategy, we find that PDMPs reduced overall crime by 5 …
Persistent link: https://www.econbiz.de/10012480628
We build and estimate a dynamic model of teenagers' choices of schooling and crime, incorporating four factors that may …
Persistent link: https://www.econbiz.de/10012482039