Response of Crime to Unemployment: An International Comparison
US : Pergamon Press
29 - 40 p.
crime, unemployment, economic cycle
This article studies crime rates’ response to economic conditions. Using a longitudinal data set covering about 20 countries over the period 1970-2010, we investigate whether crime rates respond asymmetrically to increases in unemployment and recoveries in economic conditions. We find a positive response of crime rates on variation in unemployment rates, but we do not find compelling evidence of asymmetric responses to positive and negative variations in the economic cycle.