Showing 1 - 10 of 68
Two countries set their enforcement non-cooperatively to deter native and foreign individuals from committing crime in … their territory. Crime is mobile, ex ante (migration) and ex post (fleeing), and criminals hiding abroad after having com …- mitted a crime in a country must be extradited back. When extradition is not too costly, countries overinvest in enforcement …
Persistent link: https://www.econbiz.de/10012892142
We provide the first quantitative synthesis of the literature on how financial markets react to the disclosure of financial crimes committed by listed firms. While consensus expects negative stock price returns, the exact size of the effect is far from clear. We survey 111 studies published over...
Persistent link: https://www.econbiz.de/10014347014
, arrest increases the probability an offender is charged with a crime. Our findings argue against recent calls for a …
Persistent link: https://www.econbiz.de/10014262485
This paper evaluates the impact of a sudden and unexpected nation-wide alcohol sales ban in South Africa. We find that this policy causally reduced injury-induced mortality in the country by at least 14% during the five weeks of the ban. We argue that this estimate constitutes a lower bound on...
Persistent link: https://www.econbiz.de/10013299240
This paper studies how surveillance cameras affect unruly spectator behaviour in the highest Swedish soccer league. Swedish stadiums introduced surveillance cameras at different points in time during the years 2000 and 2001. I exploit the exogenous variation that occurred due to differences...
Persistent link: https://www.econbiz.de/10010264354
In May 2018, Scotland introduced a minimum unit price on alcohol. We examine the impact of this policy on traffic fatalities and drunk driving accidents. Using administrative data on the universe of vehicle collisions in Britain and a range of quasi-experimental modeling approaches, we do not...
Persistent link: https://www.econbiz.de/10014083481
Low minimum legal drinking ages (MLDAs), as prevalent in many European countries, are severely understudied. We use rich survey and administrative data to estimate the impact of the Austrian MLDA of 16 on teenage drinking behavior and morbidity. Regression discontinuity estimates show that legal...
Persistent link: https://www.econbiz.de/10013251266
Reducing drink drive limits is generally regarded an effective strategy to save lives on the road. Using several new administrative data sources, we evaluate the effect of a stricter limit introduced in Scotland in 2014. This reduction had no effect on drink driving and road collisions....
Persistent link: https://www.econbiz.de/10013221174
Empirical evidence reveals that unemployment tends to increase property crime but that it has no effect on violent … crime. To explain these facts, we examine a model of criminal gangs and suggest that there is a substitution effect between … property crime and violent crime at work. In the model, non-monetary valuation of gang membership is private knowledge. Thus …
Persistent link: https://www.econbiz.de/10010264089
The objective of this paper is to examine the impact of crime on FDI inflows in 103 Italian provinces. The incidence of … criminality is measured through the number of complaints for different kinds of crime. The analysis has been conducted using … different estimation methods for panel data. The results show how the correlation between organized crime is both negative and …
Persistent link: https://www.econbiz.de/10010264452