Income Variables and the Measures of Gains from Crime

10 Pages Posted: 2 Feb 2005

See all articles by Chongwoo Choe

Chongwoo Choe

Monash University - Department of Economics

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Abstract

There is ambiguity in the empirical studies of crime economics regarding various income variables used to proxy the expected net gains from crime. As a result, the empirical findings are often mixed or contradictory to one another. This note provides a theoretical argument that relates the net expected gains from crime to a measure of income inequality (the Gini coefficient) and the mean income of a society, thereby clarifying the ambiguity.

Keywords: Income Variables, Gains from Crime, Gini Coefficient

JEL Classification: D63, K00

Suggested Citation

Choe, Chongwoo, Income Variables and the Measures of Gains from Crime. Available at SSRN: https://ssrn.com/abstract=658683

Chongwoo Choe (Contact Author)

Monash University - Department of Economics ( email )

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