We study criminality in a dynamic context by introducing social capital into the economic theory of crime. Social capital measures the extent to which an individual is bonded to legitimate society. According ti the social control perspective, bonds to society strengthen as the individual ages, increasing the cost of deviant behavior, making criminal acts less likely. The hypothesis is consistent with the temporal pattern displayed in aggregate arrest data.
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Paper provided by University of Adelaide - Department of Economics in its series Papers with number
98-2.
Find related papers by JEL classification: A13 - General Economics and Teaching - - General Economics - - - Relation of Economics to Social Values C23 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Models with Panel Data C53 - Mathematical and Quantitative Methods - - Econometric Modeling - - - Forecasting and Other Model Applications
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