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Crime rates in the United States have declined to historical lows since the early 1990s. Prison and jail incarceration … assessment of whether the crime declines can be attributed to the massive expansion of the U.S. criminal justice system. We argue … that the crime is certainly lower as results of this expansion and the crime rate in the early 1990s was likely a third …
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This paper verifies the relationship between income inequality and pecuniary crimes. The elasticity of pecuniary crimes relative to inequality is 1.46, corroborating previous literature. Other factors important to decrease criminality are expanding job opportunities and a more efficient legal system
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deterrence hypothesis for crime against property. Only weak support can be observed for crime against the person. Economic and …Our study is based on the traditional Becker-Ehrlich deterrence model, but we analyse the model in the face of … currently discussed factors of crime like demographic changes, youth-unemployment and income inequality. We use a panel of the …
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There is ambiguity in the empirical studies of crime economics regarding various income variables used to proxy the … expected net gains from crime. As a result, the empirical findings are often mixed or contradictory to one another. This note … provides a theoretical argument that relates the net expected gains from crime to a measure of income inequality (the Gini …
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