DP14850 The credibility revolution in the empirical analysis of crime
|Publication Date:||June 2020|
|Keyword(s):||Economics of crime, identification, Measurement error, Quasi-experiments|
|Programme Areas:||Labour Economics, Public Economics|
|Link to this Page:||cepr.org/active/publications/discussion_papers/dp.php?dpno=14850|
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.