This article studies crime rates’ response to economic conditions. Using a longitudinal data set covering about 20 countries over the period 1970-2010, we investigate whether crime rates respond asymmetrically to increases in unemployment and recoveries in economic conditions. We find a positive response of crime rates on variation in unemployment rates, but we do not find compelling evidence of asymmetric responses to positive and negative variations in the economic cycle.
Response of crime to unemployment: an international comparison
BUONANNO, Paolo;
2014-01-01
Abstract
This article studies crime rates’ response to economic conditions. Using a longitudinal data set covering about 20 countries over the period 1970-2010, we investigate whether crime rates respond asymmetrically to increases in unemployment and recoveries in economic conditions. We find a positive response of crime rates on variation in unemployment rates, but we do not find compelling evidence of asymmetric responses to positive and negative variations in the economic cycle.File allegato/i alla scheda:
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