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Public Safety through Private Action: an Economic Assessment of BIDS


  • Philip J. Cook
  • John MacDonald


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Suggested Citation

  • Philip J. Cook & John MacDonald, 2011. "Public Safety through Private Action: an Economic Assessment of BIDS," Economic Journal, Royal Economic Society, vol. 121(552), pages 445-462, May.
  • Handle: RePEc:ecj:econjl:v:121:y:2011:i:552:p:445-462

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    References listed on IDEAS

    1. McCallum, Bennett T. & Nelson, Edward, 1999. "Nominal income targeting in an open-economy optimizing model," Journal of Monetary Economics, Elsevier, vol. 43(3), pages 553-578, June.
    2. McCallum, Bennett T & Nelson, Edward, 2000. "Monetary Policy for an Open Economy: An Alternative Framework with Optimizing Agents and Sticky Prices," Oxford Review of Economic Policy, Oxford University Press, vol. 16(4), pages 74-91, Winter.
    3. Amit Kara & Edward Nelson, 2003. "The Exchange Rate and Inflation in the UK," Scottish Journal of Political Economy, Scottish Economic Society, vol. 50(5), pages 585-608, November.
    4. Jose Manuel Campa & Linda S. Goldberg, 2002. "Exchange Rate Pass-Through into Import Prices: A Macro or Micro Phenomenon?," NBER Working Papers 8934, National Bureau of Economic Research, Inc.
    5. Taylor, John B., 2000. "Low inflation, pass-through, and the pricing power of firms," European Economic Review, Elsevier, vol. 44(7), pages 1389-1408, June.
    6. Clarida, Richard & Gali, Jordi & Gertler, Mark, 2002. "A simple framework for international monetary policy analysis," Journal of Monetary Economics, Elsevier, vol. 49(5), pages 879-904, July.
    7. Jordi Galí & Tommaso Monacelli, 2005. "Monetary Policy and Exchange Rate Volatility in a Small Open Economy," Review of Economic Studies, Oxford University Press, vol. 72(3), pages 707-734.
    8. Devereux, Michael B. & Engel, Charles, 2002. "Exchange rate pass-through, exchange rate volatility, and exchange rate disconnect," Journal of Monetary Economics, Elsevier, vol. 49(5), pages 913-940, July.
    9. Erceg, Christopher J. & Henderson, Dale W. & Levin, Andrew T., 2000. "Optimal monetary policy with staggered wage and price contracts," Journal of Monetary Economics, Elsevier, vol. 46(2), pages 281-313, October.
    10. Sbordone, Argia M., 2002. "Prices and unit labor costs: a new test of price stickiness," Journal of Monetary Economics, Elsevier, vol. 49(2), pages 265-292, March.
    11. Wilson, Thomas, 1976. "Effective Devaluation and Inflation," Oxford Economic Papers, Oxford University Press, vol. 28(1), pages 1-24, March.
    12. Ravenna, Federico & Walsh, Carl E., 2006. "Optimal monetary policy with the cost channel," Journal of Monetary Economics, Elsevier, vol. 53(2), pages 199-216, March.
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    Cited by:

    1. Salm, M. & Vollaard, B.A., 2014. "Individual Perceptions of Local Crime Risk," Discussion Paper 2014-044, Tilburg University, Tilburg Law and Economic Center.
    2. Paul Heaton & Priscillia Hunt & John MacDonald & Jessica Saunders, 2016. "The Short- and Long-Run Effects of Private Law Enforcement: Evidence from University Police," Journal of Law and Economics, University of Chicago Press, vol. 59(4), pages 889-912.
    3. Jan C. Ours & Ben Vollaard, 2016. "The Engine Immobiliser: A Non‐starter for Car Thieves," Economic Journal, Royal Economic Society, vol. 126(593), pages 1264-1291, June.
    4. repec:eee:jeborg:v:141:y:2017:i:c:p:151-163 is not listed on IDEAS
    5. Besley, Timothy & Mueller, Hannes, 2017. "Predation, protection, and productivity: a firm-level perspective," LSE Research Online Documents on Economics 84144, London School of Economics and Political Science, LSE Library.
    6. Zimmerman, Paul R., 2010. "Deterrence from self-protection measures in the ‘market model’ of crime: dynamic panel data estimates from employment in private security occupations," MPRA Paper 26187, University Library of Munich, Germany.
    7. Magnus Lofstrom & Steven Raphael, 2016. "Crime, the Criminal Justice System, and Socioeconomic Inequality," Journal of Economic Perspectives, American Economic Association, vol. 30(2), pages 103-126, Spring.
    8. Miller, Mark V., 2013. "Valuing local collective goods: the case of business improvement districts," 2013 Annual Meeting, August 4-6, 2013, Washington, D.C. 150635, Agricultural and Applied Economics Association.
    9. Songman Kang, 2016. "Inequality and crime revisited: effects of local inequality and economic segregation on crime," Journal of Population Economics, Springer;European Society for Population Economics, vol. 29(2), pages 593-626, April.
    10. Paolo Buonanno & Daniel Montolio & Josep Raya-Vílchez, 2013. "Housing prices and crime perception," Empirical Economics, Springer, vol. 45(1), pages 305-321, August.
    11. Depew, Briggs & Swensen, Isaac D., 2016. "The Decision to Carry: The Effect of Crime on Concealed-Carry Applications," IZA Discussion Papers 10236, Institute for the Study of Labor (IZA).

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