RT Book
T1 Modelling recorded crime: a full search for cointegrated models
A1 van Velsen, J. L.
LA English
YR 2008
UL https://krimdok.uni-tuebingen.de/Record/1866304399
AB A modelgenerator is developed that searches for cointegrated models among a potentially large group of candidate models. The generator employs the first step of the Engle-Granger procedure and orders cointegrated models according to the information criterions AIC and BIC. Assisted by the generator, a cointegrated relation is established between recorded violent crime in the Netherlands, the number of males aged 15-25 years (split into Western and non-Western background) and deflated consumption. In-sample forecasts reveal that the cointegrated model outperforms the best short-run models.Comment: 6 pages including 1 figure and 4 tables; typos corrected, footnotes change
K1 Research