Search Results
Journal Article
Paying for crime and punishment
Criminals aren't the only ones who pay for their crimes - so does everyone else, in the form of taxes to build and operate prisons and put police on the streets. With a slow economy contributing to a rise in crime, the associated costs may also be on the rise.
Journal Article
The economics of bank security
Journal Article
Report outlines new efforts to combat counterfeiting abroad
Journal Article
Research spotlight : Are criminals rational?
Working Paper
On the political economy of income redistribution and crime
A general equilibrium analysis of the effects of income redistribution and crime, showing that while expenditures on police protection reduce crime, it is possible for the crime rate to increase with redistribution.
Journal Article
Some pleasant economic side effects
Working Paper
Crime and arrests: deterrence or resource reallocation?
We use monthly time-series data for 20 large U.S. cities to test the deterrence hypothesis (arrests reduce crimes) and the resource reallocation hypothesis (arrests follow from an increase in crime). We find (1) weak support for the deterrence hypothesis, (2) much stronger support for the resource reallocation hypothesis, and (3) differences in city-level estimates suggest much heterogeneity in the crime and arrest relationship across regions.
Report
The Impact of Felony Larceny Thresholds on Crime in New England
Criminal justice reform has been a high-priority policy area in New England and the nation in recent years. States are generally seeking legislation that would help reintegrate ex-offenders into society while still prioritizing the welfare of all members of the public and the achievement of fiscal goals. The research findings presented in this report indicate that raising felony larceny thresholds—that is, increasing the dollar value of stolen property at or above which a larceny offense may be charged in court as a felony rather than a misdemeanor, a policy adopted by three New England ...
Journal Article
The mystery of crime
Will the recession cause a surge in crime? Economic theory suggests it might, but empirical evidence for the widely held notion is far from conclusive.