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The Effect of Police on Crime: New Evidence from U.S. Cities, 1960-2010 / Aaron Chalfin, Justin McCrary.

NBER Working papers Available online

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Format:
Book
Author/Creator:
Chalfin, Aaron.
Contributor:
National Bureau of Economic Research.
McCrary, Justin.
Series:
Working Paper Series (National Bureau of Economic Research) no. w18815.
NBER working paper series no. w18815
Language:
English
Physical Description:
1 online resource: illustrations (black and white);
Place of Publication:
Cambridge, Mass. National Bureau of Economic Research 2013.
Summary:
We argue that the key impediment to accurate measurement of the effect of police on crime is not necessarily simultaneity bias, but bias due to mismeasurement of police. Using a new panel data set on crime in medium to large U.S. cities over 1960- 2010, we obtain measurement error corrected estimates of the police elasticity of the cost-weighted sum of crimes of roughly -0.5. The estimates confirm a controversial finding from the previous literature that police reduce violent crime more so than property crime.
Notes:
Print version record
February 2013.

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