The credibility revolution in the empirical analysis of crime
18 Pages Posted: 6 Jun 2020
There are 2 versions of this paper
The credibility revolution in the empirical analysis of crime
The Credibility Revolution in the Empirical Analysis of Crime
Date Written: June 4, 2020
Abstract
I review recent developments in the economic analysis of crime, focusing in particular on organized crime and corruption. I first discuss the main challenges to the empirical identification of causal relationships – namely, measurement error due to endogenous reporting of crime and the fact that randomized controlled trials are rarely an option when studying crime. I then discuss recent advancements made possible by the combination of detailed micro-data and quasi-experimental methods.
Keywords: economics of crime, measurement error, identification, quasiexperiments
JEL Classification: K42
Suggested Citation: Suggested Citation