Economics of crime and describe a realistic empirical strategy
Term Paper Report
– Pick a question in the economics of crime and describe a realistic empirical strategy how to answer this question.
o The question can be for example, what are the effects of gun violence on student performance at school, are longer prison sentences helping to prevent crime, do crime rates increase when unemployment does, etc.
– A report should include a literature review on the topic of choice
– what answer to the question you expect from a theoretical point of view
– thorough description of the data which you are proposing for the empirical strategy (what variables does the data include, where can it be downloaded, etc)
– description of which regressions you would want to run
– interpretation of what the results would mean
– what assumptions are required for causal interpretation of the results
– are those assumptions likely to be satisfied
– what are potential robustness checks one could do to verify those assumptions or strengthen the causal interpretation of the results
– Basically a term report is a proposal for an empirical research study on the topic of your choice
– The report should be 4-6 pages long (Times New Roman 12 point font, single space, left and write margins equal to 1 inch).