• Medientyp: E-Book
  • Titel: Job Loss, Credit and Crime in Colombia
  • Beteiligte: Khanna, Gaurav [Verfasser:in]; Medina, Carlos [Sonstige Person, Familie und Körperschaft]; Nyshadham, Anant [Sonstige Person, Familie und Körperschaft]; Posso-Suárez, Christian Manuel [Sonstige Person, Familie und Körperschaft]; Tamayo, Jorge [Sonstige Person, Familie und Körperschaft]
  • Erschienen: [S.l.]: SSRN, [2019]
  • Erschienen in: NBER Working Paper ; No. w26313
  • Umfang: 1 Online-Ressource (29 p)
  • Sprache: Englisch
  • Entstehung:
  • Anmerkungen: Nach Informationen von SSRN wurde die ursprüngliche Fassung des Dokuments September 2019 erstellt
  • Beschreibung: We investigate the effects of job displacement, as a result of mass-layoffs, on criminal arrests using a novel matched employer-employee-crime dataset in Medellín, Colombia. Job displacement leads to immediate earnings losses, and an increased likelihood of being arrested for both the displaced worker and for other youth in the family. We leverage variation in opportunities for legitimate reemployment and access to consumption credit to investigate the mechanisms underlying this job loss-crime relationship. Workers in booming sectors with more opportunities for legitimate reemployment exhibit smaller increases in arrests after job losses. Greater exposure to expansions in consumption credit also lowers the job loss-crime elasticity.Institutional subscribers to the NBER working paper series, and residents of developing countries may download this paper without additional charge at "http://www.nber.org/papers/w26313"
  • Zugangsstatus: Freier Zugang