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dc.coverage.spatialMedellín de: Lat: 06 15 00 N degrees minutes Lat: 6.2500 decimal degrees Long: 075 36 00 W degrees minutes Long: -75.6000 decimal degreeseng
dc.date.available2016-08-22T20:33:27Z
dc.date.issued2016-08-22
dc.identifier.urihttp://hdl.handle.net/10784/9078
dc.description.abstractRational choice models argue that income inequality leads to a higher expected utility of crime and thus generates incentives to engage in illegal activities. Yet, the results of empirical studies do not provide strong support for this theory; in fact, Neumayer provides apparently strong evidence that income inequality is not a significant determinant of violent property crime rates when a representative sample is used and country specific fixed effects are controlled for. An important limitation of this and other empirical studies on the subject is that they only consider proportional income differences, even though in rational choice models absolute difference in legal and illegal incomes determine the expected utility of crime. Using the same methodology and data as Neumayer, but using absolute inequality measures rather than proportional ones, this paper finds that absolute income inequality is a statistically significant determinant of robbery and violent theft rates. This result is robust to changes in sample size and to different absolute inequality measures, which not only implies that inequality is an important correlate of violent property crime rates but also suggests that absolute measures are preferable when the impact of inequality on property crime is studied.eng
dc.language.isoengeng
dc.publisherUniversidad EAFITspa
dc.titleAbsolute Inequality and Violent Property Crimeeng
dc.typeworkingPaperspa
dc.rights.accessrightsinfo:eu-repo/semantics/openAccessspa
dc.publisher.departmentEscuela de Economía y Finanzasspa
dc.type.localDocumento de trabajo de investigaciónspa
dc.subject.keywordViolent Crime; Property Crime; Income Inequality, Absolute Inequalityeng
dc.rights.localAcceso abiertospa
dc.date.accessioned2016-08-22T20:33:27Z
dc.type.hasVersiondraftspa
dc.identifier.jelD31, D63, K42
dc.contributor.authorGoda, Thomas
dc.contributor.authorTorres, Alejandro


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