ASYMMETRIC CRIME CYCLES

• 成果类型: Article
• 署名作者: Mocan, H. Naci; Bali, Turan G.
• 署名单位: Louisiana State University System; Louisiana State University; National Bureau of Economic Research; City University of New York (CUNY) System; Baruch College (CUNY)
• 刊物名称: REVIEW OF ECONOMICS AND STATISTICS
• ISSN/ISSBN: 0034-6535
• DOI: 10.1162/REST_a_00048
• 发表日期: 2010-11
• 页码: 899-911
• 关键词: monetary-policy; UNITED-STATES; MODEL; volatility; rates

摘要

Recent theoretical models underscore the potential asymmetric response of various behaviors, ranging from criminal activity to smoking. In this paper, we use state-level panel and individual-level panel data to document the previously unnoticed asymmetric response of crime to changes in the unemployment rate. The results have policy implications, and they have potentially widespread ramifications because similar asymmetries may also be prevalent in other domains, ranging from the relationship between income and health to peer quality and student outcomes.