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The Effects of Macroeconomic Policies on Crime

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  • Yeung-Nan Shieh

    (San Jose State University)

Abstract

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.

Suggested Citation

  • Yeung-Nan Shieh, 2004. "The Effects of Macroeconomic Policies on Crime," Economics Bulletin, AccessEcon, vol. 11(1), pages 1-9.
    • Handle: RePEc:ebl:ecbull:eb-03k00002
    as

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    References listed on IDEAS

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    4. Edward L. Glaeser & Bruce Sacerdote, 1999. "Why Is There More Crime in Cities?," Journal of Political Economy, University of Chicago Press, vol. 107(S6), pages 225-258, December.
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    Keywords

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    JEL classification:

    • K0 - Law and Economics - - General
    • K4 - Law and Economics - - Legal Procedure, the Legal System, and Illegal Behavior

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