Impulse Purchases, Gun Ownership, and Homicides: Evidence from a Firearm Demand Shock

Christoph Koenig and David Schindler

The Review of Economics and Statistics, 2023, vol. 105, issue 5, 1271-1286

Abstract: Do firearm purchase delay laws reduce aggregate homicide levels? Using variation from a six-month countrywide gun demand shock in 2012/2013, we show that U.S. states with legislation preventing immediate handgun purchases experienced smaller increases in handgun sales. Our findings indicate that this is likely driven by comparatively lower purchases among impulsive consumers. We then demonstrate that states with purchase delays also witnessed comparatively 2% lower homicide rates during the same period. Further evidence shows that lower handgun sales coincided primarily with fewer impulsive assaults and points toward reduced acts of domestic violence.

Date: 2023
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https://doi.org/10.1162/rest_a_01106

Related works:
Working Paper: Impulse Purchases, Gun Ownership and Homicides: Evidence from a Firearm Demand Shock (2020)
Working Paper: Impulse Purchases, Gun Ownership, and Homicides: Evidence from a Firearm Demand Shock (2019)
Working Paper: Impulse Purchases, Gun Ownership and Homicides: Evidence from a Firearm Demand Shock (2018)
Working Paper: Impulse Purchases, Gun Ownership and Homicides: Evidence from a Firearm Demand Shock (2018)
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