Crime and the Timing of Work
Two striking facts describe work timing in the United States: a lower propensity to work evenings and nights in large metropolitan areas, and a secular decline in such work since 1973. One explanation is higher and possibly increasing crime in large areas. I link Current Population Survey data on work timing to FBI crime reports. Neither fact is explained by changes in nor inter-area differences in crime rates, but higher homicide rates do reduce such work. This reduction implicitly costs the economy between $4 and $10 billion. This negative externality illustrates a larger class of previously unmeasured costs of social pathologies.
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