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An Assessment of How Urban Crime and Victimization Affects Life Satisfaction

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  • Carlos Medina

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  • Jorge Andrés Tamayo Author-Email jtamayca@banrep.gov.co

Abstract

We assess the effect of the homicide rate, individual´s perception of security in their neighborhood of residence, and of the effect of their having been victimized, on life satisfaction. We find a negative effect of the homicide rate on life satisfaction for the subsample of individuals living in their current houses for at least 10 years or more, who had moved to that place at some point in the past. We also find a positive and robust effect of the perception of security in the households´neighborhood for the whole sample, and for different subsamples considered. Having been victim of an offense is also robustly negatively related to life satisfaction, in particular in the cases where the offense was robbery.

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Bibliographic Info

Paper provided by Banco de la Republica de Colombia in its series Borradores de Economia with number 640.

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Handle: RePEc:bdr:borrec:640

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Keywords: Quality of Life; Life Satisfaction; Crime. Classification JEL: I32; K40; K42.;

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References

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  1. Alex Michalos & Bruno Zumbo, 2000. "Criminal Victimization and the Quality of Life," Social Indicators Research, Springer, vol. 50(3), pages 245-295, June.
  2. Powdthavee, Nattavudh, 2003. "Unhappiness and Crime : Evidence from South Africa," The Warwick Economics Research Paper Series (TWERPS) 685, University of Warwick, Department of Economics.
  3. Alejandro Gaviria & Carlos Medina & Leonardo Morales & Jairo Núñez, 2010. "The Cost of Avoiding Crime: The Case of Bogotá," NBER Chapters, in: The Economics of Crime: Lessons for and from Latin America, pages 101-132 National Bureau of Economic Research, Inc.
  4. Bruno S. Frey & Alois Stutzer, 1999. "Measuring Preferences by Subjective Well-Being," Journal of Institutional and Theoretical Economics (JITE), Mohr Siebeck, Tübingen, vol. 155(4), pages 755-778, December.
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  11. Bernard M.S. van Praag & Néstor Gandelman & Ada Ferrer-i-Carbonell & Andrés Ham & Eduardo Lora & Martín Tetaz & Carlos Medina & Pablo Sanguinetti & Guillermo Cruces & Giorgina Piani & Lorena Alcáz, . "The Quality of Life in Latin American Cities: Markets and Perception," IDB Publications 60258, Inter-American Development Bank.
  12. Lance Lochner & Enrico Moretti, 2001. "The Effect of Education on Crime: Evidence from Prison Inmates, Arrests, and Self-Reports," NBER Working Papers 8605, National Bureau of Economic Research, Inc.
  13. Rafael Di Tella & Robert J. MacCulloch & Andrew J. Oswald, 2003. "The Macroeconomics of Happiness," The Review of Economics and Statistics, MIT Press, vol. 85(4), pages 809-827, November.
  14. David G. Blanchflower & Andrew J. Oswald, 2000. "Well-Being Over Time in Britain and the USA," NBER Working Papers 7487, National Bureau of Economic Research, Inc.
  15. Alejandro Gaviria & Carlos Medina & Jorge Andres Tamayo, . "Assessing the Link between Adolescent Fertility and Urban Crime," Borradores de Economia 594, Banco de la Republica de Colombia.
  16. Ada Ferrer-i-Carbonell & Paul Frijters, 2002. "How important is Methodology for the Estimates of the Determinants of Happiness?," Tinbergen Institute Discussion Papers 02-024/3, Tinbergen Institute.
  17. McBride, Michael, 2001. "Relative-income effects on subjective well-being in the cross-section," Journal of Economic Behavior & Organization, Elsevier, vol. 45(3), pages 251-278, July.
  18. Rodrigo R. Soares & Joana Naritomi, 2010. "Understanding High Crime Rates in Latin America: The Role of Social and Policy Factors," NBER Chapters, in: The Economics of Crime: Lessons for and from Latin America, pages 19-55 National Bureau of Economic Research, Inc.
  19. Easterlin, Richard A, 2001. "Income and Happiness: Towards an Unified Theory," Economic Journal, Royal Economic Society, vol. 111(473), pages 465-84, July.
  20. M. Sirgy & Terri Cornwell, 2002. "How Neighborhood Features Affect Quality of Life," Social Indicators Research, Springer, vol. 59(1), pages 79-114, July.
  21. Eduardo Lora & Andrew Powell & Bernard M.S. van Praag & Pablo Sanguinetti, 2010. "The Quality of Life in Latin American Cities : Markets and Perception," World Bank Publications, The World Bank, number 2452, October.
  22. Clark, Andrew E & Oswald, Andrew J, 1994. "Unhappiness and Unemployment," Economic Journal, Royal Economic Society, vol. 104(424), pages 648-59, May.
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Cited by:
  1. Carlos Medina & Jorge Andrés Tamayo & Christian Posso, 2013. "The Effect of Adult Criminals’ Spillovers On the Likelihood of Youths Becoming Criminals," Borradores de Economia 755, Banco de la Republica de Colombia.
  2. Romero Dario, 2014. "Insecurity or Perception of Insecurity? Urban Crime and Dissatisfaction with Life: Evidence from the Case of Bogotá," Peace Economics, Peace Science, and Public Policy, De Gruyter, vol. 20(1), pages 169-208, January.
  3. Carlos Medina & Christian Posso & Jorge Andrés Tamayo, . "Costos de la violencia urbana y políticas públicas: algunas lecciones de Medellín," Borradores de Economia 674, Banco de la Republica de Colombia.

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