Macro-Economic Evidence on Crime and Income Inequality

2019-03-13T00:47:40Z (GMT) by ZERESH ERROL
The three essays of this thesis look at the development of crime and income inequality from different perspectives. The first essay finds that democracies with unequal incomes lower social transfers for 20 OECD countries between 1860 and 2013. Although the economic literature has neglected the role of alcohol in determining crime the second essay develops a simple model in which criminality is jointly determined by alcohol and deterrence. Both are found to be significant determinants of homicide. The third essay for 17 OECD countries over the last two centuries shows that inequality is a strong driver of both violent and property crime.

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