I review recent developments in the economic analysis of crime, focusing in particular on organized crime and corruption. I first discuss the main challenges to the empirical identification of causal relationships-namely, measurement error due to endogenous reporting of crime and the fact that randomized controlled trials are rarely an option when studying crime. I then discuss recent advancements made possible by the combination of detailed micro data and quasi-experimental methods.
The credibility revolution in the empirical analysis of crime
Pinotti, Paolo
2020
Abstract
I review recent developments in the economic analysis of crime, focusing in particular on organized crime and corruption. I first discuss the main challenges to the empirical identification of causal relationships-namely, measurement error due to endogenous reporting of crime and the fact that randomized controlled trials are rarely an option when studying crime. I then discuss recent advancements made possible by the combination of detailed micro data and quasi-experimental methods.
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