Crime and Output: Theory and Application to the Northern Triangle of Central America

Crime and Output: Theory and Application to the Northern Triangle of Central America
This paper presents a structural model of crime and output. Individuals make an occupational choice between criminal and legal activities. The return to becoming a criminal is endogenously determined in a general equilibrium together with the level of crime and economic activity. I calibrate the model to the Northern Triangle countries and... READ MORE...

Publication date: January 2020
ISBN 9781513519272
$18.00

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