Dynamic Perspectives on Crime

McCrary, Justin

doi:10.4337/9781849806206.00011

Cited by 19 publications

(8 citation statements)

References 41 publications

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“…1 This conceptualization of the market wage as a determining factor in a potential offender's utility function has given rise to important follow-up work that seeks to fine-tune the model of Becker (1968) including particularly prominent contributions by Ehrlich (1973), who introduces the concept of "demand" for crime, Polinsky and Shavell (1984), who explore the dimensions of using fines versus imprisonment and research by Nagin and Pogarsky (2001) and McCrary (2010), who extend the neoclassical model to incorporate time preferences among offenders. Beginning in the late 1970s, there have been many attempts to develop an empirical test of Becker's theory.…”

Section: E N D N O T E Smentioning

confidence: 99%

Testing public policy at the frontier: The effect of the $15 minimum wage on public safety in Seattle

Mitre‐Becerril

Chalfin

2021

Criminology & Public Policy

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became the first city in the United States to increase its minimum wage to $15 per hour, more than double the federal minimum wage. Not only was a $15 minimum wage unprecedented, but the increase was also extremely rapid, with the minimum wage rising by nearly 60% in just 2 years. Using a synthetic differencesin-differences estimator, we consider the impact of Seattle's landmark minimum wage legislation on public safety. Although there is speculative evidence for an increase in commercial burglaries, we find little evidence that Seattle experienced a change in its aggregate rate of violent or property offending relative to other U.S. cities. To better understand the mechanisms underlying our findings, we investigate the impacts of the local wage law on employment and earnings for Seattle's lowskilled labor market. We detect no meaningful adverse effects on the employment rates of low-wage workers. Policy Implications: Our results suggest that Seattle increased its minimum wage without compromising public safety. Seattle's experience shows that increasing wages can be a tool for increasing the opportunity cost of crime without reducing employment levels. To the extent that other cities enact higher minimum wages to a level that generates unemployment among low-skilled

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Section: E N D N O T E Smentioning

confidence: 99%

Testing public policy at the frontier: The effect of the $15 minimum wage on public safety in Seattle

Mitre‐Becerril

Chalfin

2021

Criminology & Public Policy

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“…Next, we augment Burkart and Lee by assuming that the activist also receives a payoff equal to the expected value of engaging in illegal insider trading on the basis of information obtained through access to the corporate boardroom after a settlement agreement. We adopt the notation used in McCrary 125 , which implies that the activist's problem is given by: max Subject to:…”

Section: Theoretical Appendixmentioning

confidence: 99%

Activist Directors and Agency Costs: What Happens When an Activist Director Goes on the Board?

Coffee

Jackson²,

Mitts³

et al. 2018

SSRN Journal

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“…Th us, zero tolerance practices in schools and in policing have received a fair amount of publicity in the United States (partially because they do ensnare middle-class people as well), but with relatively little actual implementation. While public spending on prisons went up more than 400 percent between 1970 and 2000, public spending on police went up only 20 percent (McCrary 2010 ). What explains the importance of prisons over police?…”

Section: Oup Uncorrected Proofmentioning

confidence: 99%

Mass Incarceration: From Social Policy to Social Problem

Simon¹

2012

Oxford Handbooks Online

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In the winter of 2004-2005, as Arnold Schwarzenegger took over as governor of California following the recall of the previous governor, he pronounced the state's mammoth, litigation-strapped, and catastrophically overcrowded prison system to be in a state of crisis, denounced its penal philosophy of "warehousing" inmates, and declared the parole system that had long returned the vast majority of its charges to prison "broken. " By the time you read these words, such statements may not seem unusual; indeed, they may be on their way to becoming a new "common sense" of high crime societies (Garland 2001a). But in California, they were words that had not been spoken by anyone in leadership for more than a quarter century. Like other states, California participated in a remarkable expansion of imprisonment by the states and federal government, resulting in current populations on average more than four times the relative portion of the population imprisoned at the end of the 1970s. Sustained by periodic upswings in reported crime, and by non-stop media and political attention to the threat posed by criminals, America became the global leader of what has come to be called (primarily by its critics) "mass incarceration. " By calling the system "broken" and by admitting that warehousing felons could not OUP UNCORRECTED PROOF

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Dynamic Perspectives on Crime

Cited by 19 publications

References 41 publications

Testing public policy at the frontier: The effect of the $15 minimum wage on public safety in Seattle

Testing public policy at the frontier: The effect of the $15 minimum wage on public safety in Seattle

Activist Directors and Agency Costs: What Happens When an Activist Director Goes on the Board?

Mass Incarceration: From Social Policy to Social Problem

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