The credibility revolution in the empirical analysis of crime
18 Pages Posted: 6 Jun 2020
Date Written: June 4, 2020
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