This paper investigates whether monetary and fiscal policies, such as lump-sum taxes, distortionary taxation and monetization of public deficit, have criminal impacts. We address this question extending the neoclassical monetary growth model. We have demonstrated that fiscal policies affect crime through government spending. Conversely, the effect of monetary policy, especially inflation, on crime depends on the separability of the utility function.
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Article provided by Economics Bulletin in its journal Economics Bulletin.
Find related papers by JEL classification: K0 - Law and Economics - - General K4 - Law and Economics - - Legal Procedure, the Legal System, and Illegal Behavior
References listed on IDEAS Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
Chien-Chieh Huang & Derek Laing & Ping Wang, 2004.
"Crime And Poverty: A Search-Theoretic Approach,"
International Economic Review,
Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 45(3), pages 909-938, 08.
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