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Yeung-Nan Shieh
''The Effects of Macroeconomic Policies on Crime''
( 2004, Vol. 11 No.1 )
This paper investigates whether monetary and fiscal policies, such as lump-sum taxes, distortionary taxation and monetization of public deficit, have criminal impacts. We address this question extending the neoclassical monetary growth model. We have demonstrated that fiscal policies affect crime through government spending. Conversely, the effect of monetary policy, especially inflation, on crime depends on the separability of the utility function.
Keywords: Crime
K4 - Legal Procedure, the Legal System, and Illegal Behavior: General
Manuscript Received : Dec 19 2003 Manuscript Accepted : Jan 05 2004

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