MARC Record from Library of Congress

LEADER: 02484cam a22003497a 4500
001 2005617157
003 DLC
005 20050330143300.0
007 cr |||||||||||
008 050330s2005 mau sb 000 0 eng
010 $a 2005617157
040 $aDLC$cDLC
043 $an-us---$an-us-ny
050 00 $aHB1
100 1 $aMocan, H. Naci.
245 10 $aAsymmetric crime cycles$h[electronic resource] /$cH. Naci Mocan, Turan G. Bali.
260 $aCambridge, MA :$bNational Bureau of Economic Research,$cc2005.
490 1 $aNBER working paper series ;$vworking paper 11210
538 $aSystem requirements: Adobe Acrobat Reader.
538 $aMode of access: World Wide Web.
500 $aTitle from PDF file as viewed on 3/30/2005.
530 $aAlso available in print.
504 $aIncludes bibliographical references.
520 3 $a"Recent theoretical models based on dynamic human capital formation, or social influence, suggest an inverse relationship between criminal activity and economic opportunity and between criminal activity and deterrence, but predict an asymmetric response of crime. In this paper we use three different data sets and three different empirical methodologies to document this previously-unnoticed regularity. Using nonparametric methods we show that the behavior of property crime is asymmetric over time, where increases are sharper but decreases are gradual. Using aggregate time-series U.S. data as well as data from New York City we demonstrate that property crime reacts more (less) strongly to increases (decreases) in the unemployment rate, to decreases (increases) in per capita real GDP and to decreases (increases) in the police force. The same result is obtained between unemployment and property crime in annual state-level panel data. These results suggest that it may be cost effective to implement mechanisms to prevent crime commission rates from rising in the first place"--National Bureau of Economic Research web site.
650 0 $aCrime$xEconomic aspects$xMathematical models.
650 0 $aCriminal justice, Administration of$xMathematical models.
650 0 $aCrime$xEconomic aspects$zUnited States.
650 0 $aCrime$xEconomic aspects$zNew York (State)$zNew York.
700 1 $aBali, Turan G.
710 2 $aNational Bureau of Economic Research.
830 0 $aWorking paper series (National Bureau of Economic Research : Online) ;$vworking paper no. 11210.
856 40 $uhttp://papers.nber.org/papers/W11210