Fallahi, Firouz; Rodríguez, Gabriel - Departamento de Economía, Pontificia Universidad … - 2010
Using Markov-Switching models, this paper studies the existence of a relationship between the unemployment rate and four different types of crimes in the U.S. economy. After it, using the non-parametric Concordance Index of Harding and Pagan (2002, 2006), the correlation between the cycles of...