The Impact of Felony Larceny Thresholds on Crime in New England
Osborne Jackson and
New England Public Policy Center Research Report from Federal Reserve Bank of Boston
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 states over the last decade—seems to balance these objectives. Policymakers interested in criminal justice reform should consider incorporating felony larceny threshold increases into the suite of policy changes implementing such reform.
Keywords: labor supply; felony conviction; larceny thresholds; crime; theft (search for similar items in EconPapers)
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