Citation

Altindag DT. Int. Rev. Law Econ. 2012; 32(1): 145-157.

Copyright

(Copyright © 2012, Elsevier Publishing)

DOI

10.1016/j.irle.2011.10.003

PMID

unavailable

Abstract

I investigate the impact of unemployment on crime using a country-level panel data set from Europe that contains consistently measured crime statistics. Unemployment has a positive influence on property crimes. Using earthquakes, industrial accidents and the exchange rate movements as instruments for the unemployment rate, I find that 2SLS point estimates are larger than OLS estimates.