RT Article
T1 The Asymmetric Effect of Bankruptcy Fraud in Sweden: A Long-Term Perspective
JF Journal of quantitative criminology
VO 35
IS 2
SP 287
OP 312
A1 Box, Marcus
A1 Gratzer, Karl 1946-
A1 Lin, Xiang
A2 Gratzer, Karl 1946-
A2 Lin, Xiang
LA English
YR 2019
UL https://krimdok.uni-tuebingen.de/Record/169151117X
AB The knowledge of the effects of white-collar crimes is incomplete. In the article, we operationalize white-collar crimes as bankruptcy frauds. Economic models maintain that interlinkages between firms may give ‘domino effects': bankruptcy events could lead to ‘bankruptcy chains' in which a bankruptcy spreads to other firms. Analogously, criminologists assert that social and economic networks can be a major source of fraud diffusion, with the potential to drive other firms bankrupt. Recent empirical results show that crimes may have detrimental and even asymmetric (nonlinear) effects on economic activity. We analyze the diffusion and the aggregate development of bankruptcy frauds in Sweden over nearly two hundred years, specifically focusing on the relationship between bankruptcy frauds and the bankruptcy volume. We also consider linkages between bankruptcy frauds, bankruptcies, and the macroeconomic cycle.
K1 Sweden
K1 Diffusion of fraud
K1 Bankruptcy fraud
K1 White-collar crimes
DO 10.1007/s10940-018-9380-2