EconPapers    
Economics at your fingertips  
 

What accounts for the decline in crime?

Ayse Imrohoroglu (), Antonio Merlo () and Peter Rupert ()

No 8, Working Papers (Old Series) from Federal Reserve Bank of Cleveland

Abstract: The authors’ dynamic equilibrium model guides their quantitative investigation of the major determinants of property-crime patterns in the U.S. The model is capable of reproducing the drop in property crime that occurred between 1980 and 1996. The most important influences on the decline are a higher probability of apprehension, a stronger economy, and the aging of the population. The effect of unemployment on crime is negligible. Increased inequality in earnings prevented an even larger decline in crime. The authors’ analysis can account for the behavior of the time series of property crime rates over the past quarter-century.

Keywords: Crime (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-dge
Date: 2000
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (5) Track citations by RSS feed

Downloads: (external link)
https://www.clevelandfed.org/~/media/content/newsr ... rime%20pdf.pdf?la=en Full text (application/pdf)

Related works:
Journal Article: WHAT ACCOUNTS FOR THE DECLINE IN CRIME? (2004) Downloads
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:fip:fedcwp:0008

Ordering information: This working paper can be ordered from

Access Statistics for this paper

More papers in Working Papers (Old Series) from Federal Reserve Bank of Cleveland Contact information at EDIRC.
Bibliographic data for series maintained by 4D Library ().

 
Page updated 2019-07-11
Handle: RePEc:fip:fedcwp:0008