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Title: Earnings Prospects, Matching Effects, and the Decision to Terminate a Criminal Career
Resulting in 1 citation.
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Pezzin, Liliana E. |
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Earnings Prospects, Matching Effects, and the Decision to Terminate a Criminal Career Journal of Quantitative Criminology 11,1 (March 1995): 29-50. Also: http://www.springerlink.com/content/k245pv441u576522/ Cohort(s): NLSY79 Publisher: Plenum Publishing Corporation Keyword(s): Adolescent Behavior; Delinquency/Gang Activity; Earnings; Economic Changes/Recession; Income; Modeling; Punishment, Criminal; Welfare; Youth Problems Data from the 1979 Youth Cohort of the National Longitudinal Survey (N = 12,686 respondents ages 14-22) are used to investigate the age pattern of criminal involvement from an economist's perspective. A dynamic stochastic model of sequential search and match evaluation is used to explain the reasons for, and the timing of, the decision to terminate a criminal career. Estimation results strongly support the prediction of a negative relation between the option value of retaining a criminal career and desistance decisions. More specifically, the effects of current and future expected criminal earnings are shown to be negative, substantial, and statistically significant in determining desistance probabilities. Retiring behavior is also significantly related to variables measuring personal costs of punishment and the availability and attractiveness of a legal income-generating activity in ways consistent with theoretical expectations. 4 Tables, 37 References. Adapted from the source document. (Copyright 1995, Sociological Abstracts, Inc., all rights reserved.) |
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Bibliography Citation
Pezzin, Liliana E. "Earnings Prospects, Matching Effects, and the Decision to Terminate a Criminal Career." Journal of Quantitative Criminology 11,1 (March 1995): 29-50.
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