Crime and arrests: deterrence or resource reallocation?
AbstractWe use monthly time-series data for 20 large US cities to test the deterrence hypothesis (arrests reduce crimes) and the resource reallocation hypothesis (arrests follow from an increase in crime). We find (1) weak support for the deterrence hypothesis, (2) much stronger support for the resource reallocation hypothesis and (3) differences in city-level estimates suggest much heterogeneity in the crime and arrest relationship across regions.
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Bibliographic InfoArticle provided by Taylor and Francis Journals in its journal Applied Economics Letters.
Volume (Year): 18 (2011)
Issue (Month): 12 ()
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Web page: http://www.tandf.co.uk/journals/routledge/13504851.html
Other versions of this item:
- Thomas A. Garrett & Lesli S. Ott, 2010. "Crime and arrests: deterrence or resource reallocation?," Working Papers 2010-011, Federal Reserve Bank of St. Louis.
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