Pawnshops and Property-Related Crime: Lessons from Interwar Tokyo

Tatsuki Inoue

Papers from arXiv.org

Abstract: Using ward-level panel data for 1927 to 1935 and fixed-effects models, this study examines how pawnshops were related to property-related crime in interwar Tokyo. Accordingly, public pawnshops targeting low-income borrowers are compared with profit-oriented private pawnshops. The results reveal that public lending is negatively associated with theft and positively associated with fraud and extortion, whereas private lending is negatively associated with fraud and extortion as well as embezzlement. A simple monetization exercise shows that offense counts and victim losses can yield different assessments. Overall, the relationship between credit and crime depended on both institutional design and crime type.

Date: 2026-10
References: Add references at CitEc
Citations:

Downloads: (external link)
https://arxiv.org/pdf/2610.38365 Latest version (application/pdf)

Related works:
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:arx:papers:2610.38365

Access Statistics for this paper

More papers in Papers from arXiv.org
Bibliographic data for series maintained by arXiv administrators ().