achieve their intended purposes cost-effectively. Financial benefit-cost analysis is a key part of this evaluation, and the … estimates of resource use in this paper are key inputs to the financial benefit-cost analysis. Financial costs are estimated … estimates of cost from the point of view of society as a whole (about $53,000 for 1998 and about $135,000 for 1999) and acts as …

borrowings (the government's financing cost) is lower than what is available to the private sector, the cost of goods or services … will necessarily be lower if it is funded by government. However, there is confusion between the cost of financing and the … cost of capital (or discount rate) that stems from an analytical error in assessing the true cost of public funds. This is …

It has been long recognized that cash plays a critical role in fueling street crime due to its liquidity and … circulation of cash on the streets associated with EBT implementation had an effect on crime. To address this question, we exploit … had a negative and significant effect on the overall crime rate as well as burglary, assault, and larceny. According to …

In this article we study the effects of permanent school closures on crime. We leverage the closure of over 300 schools … matched sample. We find that neighbourhoods affected by school closures experience a reduction in crime of about 9% of a … property crimes. We provide evidence on several mechanisms explaining the negative crime effect, such as changes in …

This paper develops a dynamic life-cycle equilibrium model of crime with hetero-geneous agents and human capital … accumulation. Agents decide at each point in time whether to commit crimes by comparing potential gains from crime to the expected … cost of punishment (determined from the probability of apprehension, the utility cost of incarceration, and reduced future …

We investigate the short-term impact of out-of-home care on child health, schooling and juvenile crime. Using an event … increasing crime rates before placement. After placement, we find a decrease in hospitalizations and an improvement in schooling …

enforcers means higher probability of detecting a crime, which is known as monitoring effect. On the other hand, criminals …