| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP3763 |
| DP3763 Endogenous Monetary Policy with Unobserved Potential Output | |
| Alex Cukierman; Francesco Lippi | |
| 发表日期 | 2003-02-23 |
| 出版年 | 2003 |
| 语种 | 英语 |
| 摘要 | We propose a market-for-offenses model of property crime, which explicitly accounts for protection expenditures among heterogeneous individuals. The crime equilibrium is modeled as a free-access equilibrium in which the match between criminals and victims equates the average returns to crime. We borrow from the literature on the economics of conflicts in order to define an appropriation function that combines the efforts of criminals with the protection efforts of the victims. The supply and demand for crime are endogenized taking into account incentives to participate in criminal activities and individual protection decisions. The effects of changes in public enforcement, redistribution policies and economic development are analyzed, as well as the distribution of the burden of crime among heterogeneous individuals. |
| 主题 | Public Economics |
| 关键词 | Crime Private protection Public enforcement Economic development Inequality Redistibution |
| URL | https://cepr.org/publications/dp3763 |
| 来源智库 | Centre for Economic Policy Research (United Kingdom) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/532769 |
| 推荐引用方式 GB/T 7714 | Alex Cukierman,Francesco Lippi. DP3763 Endogenous Monetary Policy with Unobserved Potential Output. 2003. |
| 条目包含的文件 | 条目无相关文件。 | |||||
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