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Model Uncertainty and the Effect of Shall-Issue Right-to-Carry Laws on Crime / Steven N. Durlauf, Salvador Navarro, David A. Rivers.

NBER Working papers Available online

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Format:
Book
Author/Creator:
Durlauf, Steven N.
Contributor:
National Bureau of Economic Research.
Navarro, Salvador.
Rivers, David A.
Series:
Working Paper Series (National Bureau of Economic Research) no. w21566.
NBER working paper series no. w21566
Language:
English
Physical Description:
1 online resource: illustrations (black and white);
Place of Publication:
Cambridge, Mass. National Bureau of Economic Research 2015.
Summary:
This paper explores the role of model uncertainty in explaining the different findings in the literature regarding the effect of shall-issue right-to-carry concealed weapons laws on crime. In particular, we systematically examine how different modeling assumptions affect the results. We find little support for some widely used assumptions in the literature (e.g., population weights), but find that allowing for the effect of the law to be heterogeneous across both counties and over time is important for explaining the observed patterns of crime. In terms of model uncertainty, we find that there is substantial variation in the estimated effects for each model across all dimensions of the model space. This suggests that one should be cautious in using the results from any particular model to inform policy decisions.
Notes:
Print version record
September 2015.

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