Work

Market Wages and Youth Crime

Year: 1997
Type: report
Abstract: To study the problem of widespread youth crime, I analyze a timeallocation model in which consumers face parametric wages and diminishing marginal returns to crime. The theory motivates an econometric model that I estimate using data from the National Longitudinal Survey of Youth. My estimates suggest that youth behavior is responsive to price incentives and that falling real wages may have been an important determinant of rising youth crime during the 1970s and 1980s. Moreover, wage differentials explain a substantial component of both the racial differential in criminal participation and the age distribution of crime.
Author: Jeff Grogger
Language: English
Open Access status: green
OpenAlex ID: W3122629912
Cites: 29
Cited by: 518
Related to: 10