Understanding the determinants of crime

Ayse Imrohoroǧlu, Antonio Merlo, Peter Rupert

    Research output: Contribution to journalArticle

    Abstract

    In this paper, we use an overlapping generations model where individuals are allowed to engage in both legitimate market activities and criminal behavior in order to assess the role of certain factors on the property crime rate. In particular, we investigate if differences in the unemployment rate, fraction of low human capital individuals in an economy, apprehension probability, duration of a jail sentence, and income inequality could be capable of generating large differences in crime rates that are observed across countries. We find that small differences in the apprehension probability and income inequality can generate quantitatively significant differences in the crime rates across similar environments.

    Original languageEnglish (US)
    Pages (from-to)270-284
    Number of pages15
    JournalJournal of Economics and Finance
    Volume30
    Issue number2
    DOIs
    StatePublished - 2006

    ASJC Scopus subject areas

    • Finance
    • Economics and Econometrics

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  • Cite this

    Imrohoroǧlu, A., Merlo, A., & Rupert, P. (2006). Understanding the determinants of crime. Journal of Economics and Finance, 30(2), 270-284. https://doi.org/10.1007/BF02761491