Unemployment, imprisonment, and the stability of punishment hypothesis: Some results using cointegration and error correction models

A version of the “stability of punishment” hypothesis is used to illustrate the concept of cointegration and its relationship to error correction models. The hypothesis is then tested and rejected using data from England and Wales. Finally, a dynamic time-series model relating imprisonment to convic...

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Detalles Bibliográficos
Autor principal: Hale, Chris (Autor)
Tipo de documento: Electrónico Artículo
Lenguaje:Inglés
Publicado: 1989
En: Journal of quantitative criminology
Año: 1989, Volumen: 5, Número: 2, Páginas: 169-186
Acceso en línea: Volltext (lizenzpflichtig)
Volltext (lizenzpflichtig)
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Palabras clave:
dynamic modeling
error correction models
Cointegration
stability of punishment
Descripción
Sumario:A version of the “stability of punishment” hypothesis is used to illustrate the concept of cointegration and its relationship to error correction models. The hypothesis is then tested and rejected using data from England and Wales. Finally, a dynamic time-series model relating imprisonment to convictions, crime, and Unemployment is developed and tested.
ISSN:1573-7799
DOI:10.1007/BF01062522