Economic crisis and crime: Money under the mattress during financial destabilization

被引:0
|
作者
Kyrkopoulou, Eleni [1 ]
Louka, Alexandros [2 ]
Fabbe, Kristin [3 ]
机构
[1] Univ Piraeus, Yale Univ, Dept Econ, Ident & Conflict Lab, Piraeus, Greece
[2] Fdn Econ & Ind Res, Athens, Greece
[3] Florence Sch Transnatl Governance, European Univ Inst, Fiesole, Italy
关键词
Crime rate; Greece; Crisis; Bank deposits; Property crime; PANEL-DATA; GREECE; RESTRICTIONS;
D O I
10.1016/j.jpolmod.2024.02.003
中图分类号
F [经济];
学科分类号
02 ;
摘要
The paper investigates the effect of a (semi-) deposit run during a debt crisis on crime rates. The study focuses on Greece's protracted debt crisis (2009-2018) and analyzes the response of crime to deposit outflows. It shows that deposit outflows corresponded to a significant increase in property crimes (thefts and burglaries), but not other types of offenses. The study provides useful policy insights for regulatory authorities tasked with monitoring and decreasing the criminogenic effects of financial destabilization (c) 2024 The Society for Policy Modeling. Published by Elsevier Inc. All rights reserved.
引用
收藏
页码:514 / 529
页数:16
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