期刊
ECONOMICS LETTERS
卷 210, 期 -, 页码 -出版社
ELSEVIER SCIENCE SA
DOI: 10.1016/j.econlet.2021.110184
关键词
Inequality; Crime; Private protection
类别
资金
- Institute for Research in Market Imperfections and Public Policy, MIPP [ICS13_002 ANID]
There is a consensus that inequality increases the supply of crime. However, the relationship between inequality and crime is ambiguous, depending on how protection responds to private investment.
There is a consensus that inequality increases the supply of crime. As disparity in income grows within a society, the incentives for low-income individuals to engage in criminal activities also increase. However, in a context of high inequality, better-off individuals invest in deterring those who want to appropriate their resources. We examine this twofold effect of inequality in an equilibrium model of crime and private protection. We show that inequality unambiguously increases investment in private protection, but the relationship between inequality and crime is ambiguous, depending on how protection responds to private investment. (c) 2021 Elsevier B.V. All rights reserved.
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