Crime does pay (at least when it's violent)! on the compensating wage differentials of high regional crime levels

Publikation: Arbeits- oder Diskussionspapiere und BerichteArbeits- oder Diskussionspapiere

Standard

Crime does pay (at least when it's violent)! on the compensating wage differentials of high regional crime levels. / Braakmann, Nils.
Lüneburg: Institut für Volkswirtschaftslehre der Universität Lüneburg, 2008. (Working paper series in economics; Nr. 91).

Publikation: Arbeits- oder Diskussionspapiere und BerichteArbeits- oder Diskussionspapiere

Harvard

Braakmann, N 2008 'Crime does pay (at least when it's violent)! on the compensating wage differentials of high regional crime levels' Working paper series in economics, Nr. 91, Institut für Volkswirtschaftslehre der Universität Lüneburg, Lüneburg.

APA

Braakmann, N. (2008). Crime does pay (at least when it's violent)! on the compensating wage differentials of high regional crime levels. (Working paper series in economics; Nr. 91). Institut für Volkswirtschaftslehre der Universität Lüneburg.

Vancouver

Braakmann N. Crime does pay (at least when it's violent)! on the compensating wage differentials of high regional crime levels. Lüneburg: Institut für Volkswirtschaftslehre der Universität Lüneburg. 2008. (Working paper series in economics; 91).

Bibtex

@techreport{0d1c0033076d495faad1432f02142c7f,
title = "Crime does pay (at least when it's violent)!: on the compensating wage differentials of high regional crime levels",
abstract = "This paper investigates whether high regional crime levels lead to a compensating wage differential paid by firms in the respective region. Using data from German social security records and official police statistics for 2003 to 2006, we consider both violent and non-violent crimes and use three-way error-components estimators to control for individual and regional heterogeneity. Our findings suggest a positive and rather large compensating differential for the risk of falling victim to a violent crime while no such effect exists for other criminal activities. However, our results also suggest that the wage effects for most individuals are rather small due to small variation in the crime rates. ",
keywords = "Economics, Compensating wage differentials, crime, three-way error-components model, Compensating wage differentials, crime, three-way error-components model",
author = "Nils Braakmann",
note = "Literaturverz. S. 12 - 13 : Version: July 21, 2008",
year = "2008",
language = "English",
series = "Working paper series in economics",
publisher = "Institut f{\"u}r Volkswirtschaftslehre der Universit{\"a}t L{\"u}neburg",
number = "91",
type = "WorkingPaper",
institution = "Institut f{\"u}r Volkswirtschaftslehre der Universit{\"a}t L{\"u}neburg",

}

RIS

TY - UNPB

T1 - Crime does pay (at least when it's violent)!

T2 - on the compensating wage differentials of high regional crime levels

AU - Braakmann, Nils

N1 - Literaturverz. S. 12 - 13 : Version: July 21, 2008

PY - 2008

Y1 - 2008

N2 - This paper investigates whether high regional crime levels lead to a compensating wage differential paid by firms in the respective region. Using data from German social security records and official police statistics for 2003 to 2006, we consider both violent and non-violent crimes and use three-way error-components estimators to control for individual and regional heterogeneity. Our findings suggest a positive and rather large compensating differential for the risk of falling victim to a violent crime while no such effect exists for other criminal activities. However, our results also suggest that the wage effects for most individuals are rather small due to small variation in the crime rates.

AB - This paper investigates whether high regional crime levels lead to a compensating wage differential paid by firms in the respective region. Using data from German social security records and official police statistics for 2003 to 2006, we consider both violent and non-violent crimes and use three-way error-components estimators to control for individual and regional heterogeneity. Our findings suggest a positive and rather large compensating differential for the risk of falling victim to a violent crime while no such effect exists for other criminal activities. However, our results also suggest that the wage effects for most individuals are rather small due to small variation in the crime rates.

KW - Economics

KW - Compensating wage differentials

KW - crime

KW - three-way error-components model

KW - Compensating wage differentials

KW - crime

KW - three-way error-components model

M3 - Working papers

T3 - Working paper series in economics

BT - Crime does pay (at least when it's violent)!

PB - Institut für Volkswirtschaftslehre der Universität Lüneburg

CY - Lüneburg

ER -

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