The Credibility Revolution in the Empirical Analysis of Crime

I review recent developments in the economic analysis of crime, focusing in particular on organized crime and corruption. I first discuss the main challenges to the empirical identification of causal relationships—namely, measurement error due to endogenous reporting of crime and the fact that rando...

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Veröffentlicht in:	Italian economic journal 2020-07, Vol.6 (2), p.207-220
1. Verfasser:	Pinotti, Paolo
Format:	Artikel
Sprache:	eng
Schlagworte:	Corruption Credibility Economic analysis Economic theory Economics Economics and Finance European Integration Organized crime Quasi-experimental methods Research Paper - Keynote
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description	I review recent developments in the economic analysis of crime, focusing in particular on organized crime and corruption. I first discuss the main challenges to the empirical identification of causal relationships—namely, measurement error due to endogenous reporting of crime and the fact that randomized controlled trials are rarely an option when studying crime. I then discuss recent advancements made possible by the combination of detailed micro data and quasi-experimental methods.
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subjects	Corruption Credibility Economic analysis Economic theory Economics Economics and Finance European Integration Organized crime Quasi-experimental methods Research Paper - Keynote
title	The Credibility Revolution in the Empirical Analysis of Crime
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