Please use this identifier to cite or link to this item: http://arks.princeton.edu/ark:/88435/dsp019k41zd51c
DC FieldValueLanguage
dc.contributor.authorLee, David S.en_US
dc.contributor.authorMcCrary, Justin-
dc.date.accessioned2011-10-26T01:58:13Z-
dc.date.available2011-10-26T01:58:13Z-
dc.date.issued2009-08-01T00:00:00Zen_US
dc.identifier.urihttp://arks.princeton.edu/ark:/88435/dsp019k41zd51c-
dc.description.abstractUsing administrative, longitudinal data on felony arrests in Florida, we exploit the discontinuous increase in the punitiveness of criminal sanctions at 18 to estimate the deterrence effect of incarceration. Our analysis suggests a 2 percent decline in the logodds of offending at 18, with standard errors ruling out declines of II percent or more. We interpret these magnitudes using a stochastic dynamic extension of Becker's (1968) model of criminal behavior. Calibrating the model to match key empirical moments, we conclude that deterrence elasticities with respect to sentence lengths are no more negative than -0.13 for young offenders.en_US
dc.relation.ispartofseriesWorking Papers (Princeton University. Industrial Relations Section) ; 550en_US
dc.titleThe Deterrence Effect of Prison: Dynamic Theory and Evidenceen_US
dc.typeWorking Paperen_US
pu.projectgrantnumber360-2050en_US
Appears in Collections:IRS Working Papers

Files in This Item:
File Description SizeFormat