Expected Returns to Crime and Crime Location

Nils Braakmann, Arnaud Chevalier and Tanya Wilson

American Economic Journal: Applied Economics, 2024, vol. 16, issue 4, 144-60

Abstract: We provide first evidence that variations in the expected returns to crime affect the location of property crime. Our identification strategy relies on the widely held perception in the United Kingdom that South Asian households store gold jewelry at home. Price movements on the international market for gold exogenously affect the expected gains from burgling these households. Using a neighborhood-level panel on crime and difference-in-differences, we find that burglaries in South Asian neighborhoods are more sensitive to variations in the gold price than other neighborhoods in the same municipality. We conduct various tests on neighborhood and individual data to eliminate alternative explanations.

JEL-codes: D12 D91 J15 K42 R23 (search for similar items in EconPapers)
Date: 2024
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
https://www.aeaweb.org/doi/10.1257/app.20220585 (application/pdf)
https://doi.org/10.3886/E190941V1 (text/html)
https://www.aeaweb.org/doi/10.1257/app.20220585.appx (application/pdf)
https://www.aeaweb.org/doi/10.1257/app.20220585.ds (application/zip)
Access to full text is restricted to AEA members and institutional subscribers.

Related works:
Working Paper: Expected returns to crime and crime location (2022)
Working Paper: Expected Returns to Crime and Crime Location (2022)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:aea:aejapp:v:16:y:2024:i:4:p:144-60

Ordering information: This journal article can be ordered from
https://www.aeaweb.org/journals/subscriptions

DOI: 10.1257/app.20220585

Access Statistics for this article

American Economic Journal: Applied Economics is currently edited by Alexandre Mas

More articles in American Economic Journal: Applied Economics from American Economic Association Contact information at EDIRC.
Bibliographic data for series maintained by Michael P. Albert ().