Money under the mattress: economic crisis and crime
Autor: | Eleni Kyrkopoulou, Alexandros Louka, Kristin Fabbe |
---|---|
Rok vydání: | 2023 |
Popis: | The paper investigates the effect of a (semi-) deposit run during a debt crisis on crime rates. The study focuses on Greece’s protracted debt crisis (2009-2018) and analyzes the response of crime to deposit outflows. It shows that deposit outflows corresponded to a significant increase in property crimes (thefts and burglaries), but not other types of offenses. Our findings suggest that policy makers should also consider the potential criminogenic effects of financial destabilization. |
Databáze: | OpenAIRE |
Externí odkaz: |