A Dynamic Model of Differential Human Capital and Criminal Activity
This paper presents a new, dynamic economic model of criminal activity. Individuals are endowed with legal and criminal human capital. Potential incomes in legal and criminal sectors depend on the level of the relevant human capital, the rate of return, and random shocks. Both types of human capital...
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| Tipo de documento: | Electrónico Libro |
| Lenguaje: | Inglés |
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