Cookies?
Library Header Image
LSE Research Online LSE Library Services

Crime scars: recessions and the making of career criminals

Bell, Brian and Bindler, Anna and Machin, Stephen (2014) Crime scars: recessions and the making of career criminals. CEP Discussion Papers, CEPDP1284. Centre for Economic Performance, London School of Economics and Political Science, London, UK.

[img]
Preview
PDF - Published Version
Download (253kB) | Preview

Identification Number: CEPDP1284

Abstract

Recessions lead to short-term job loss, lower levels of happiness and decreasing income levels. There is growing evidence that workers who first join the labour market during economic downturns suffer from poor job matches that have a sustained detrimental effect on their wages and career progression. This paper uses a range of US and UK data to document a more disturbing long-run effect of recessions: young people who leave school in the midst of recessions are significantly more likely to lead a life of crime than those graduating into a buoyant labour market. These effects are long lasting and substantial.

Item Type: Monograph (Discussion Paper)
Official URL: http://cep.lse.ac.uk/_new/publications/series.asp?...
Additional Information: © 2014 The Authors
Subjects: H Social Sciences > HC Economic History and Conditions
H Social Sciences > HD Industries. Land use. Labor
H Social Sciences > HF Commerce
H Social Sciences > HV Social pathology. Social and public welfare. Criminology
JEL classification: J - Labor and Demographic Economics > J6 - Mobility, Unemployment, and Vacancies > J64 - Unemployment: Models, Duration, Incidence, and Job Search
K - Law and Economics > K4 - Legal Procedure, the Legal System, and Illegal Behavior > K42 - Illegal Behavior and the Enforcement of Law
Sets: Collections > Economists Online
Research centres and groups > Centre for Economic Performance (CEP)
Collections > United States Collection
Series: Working Papers > CEP Discussion Papers
Date Deposited: 28 Nov 2014 15:11
Last Modified: 13 Oct 2016 10:36
Funders: Economic and Social Research Council
URI: http://eprints.lse.ac.uk/id/eprint/60355

Actions (login required)

View Item View Item

Downloads

Downloads per month over past year

View more statistics