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The Impact of Criminal Financial Sanctions: A Multi-State Analysis of Survey and Administrative Data / Keith Finlay, Matthew Gross, Carl Lieberman, Elizabeth Luh, Michael G. Mueller-Smith.
- Format:
- Book
- Author/Creator:
- Finlay, Keith.
- Series:
- Working Paper Series (National Bureau of Economic Research) no. w31581.
- NBER working paper series no. w31581
- Language:
- English
- Physical Description:
- 1 online resource: illustrations (black and white);
- Place of Publication:
- Cambridge, Mass. National Bureau of Economic Research 2023.
- Summary:
- We estimate the impact of financial sanctions in the U.S. criminal justice system using nine distinct natural experiments across five states. These regression discontinuity designs capture a range of enforcement levels ($17-$6,000) and institutional environments, providing robust causal evidence and external validity. We leverage survey and administrative data to consider a variety of short and long-term outcomes including employment, recidivism, household expenditures, spousal spillovers, and other self-reported measures of well-being. We find consistent, robust evidence of precise null effects on the population, including ruling out long-run impacts larger than -$347-$168 in annual earnings and -0.002-0.01 in annual convictions.
- Notes:
- Print version record
- August 2023.
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