G2TT
来源类型Discussion paper
规范类型论文
来源IDDP5483
DP5483 The Social Cost of Foreign Exchange Reserves
Dani Rodrik
发表日期2006-01-30
出版年2006
语种英语
摘要This paper analyses the interplay between social structure and information exchange in two competing activities, crime and labour. We consider a dynamic model in which individuals belong to mutually exclusive two-person groups, referred to as dyads. There are multiple equilibria. If jobs are badly paid and/or crime is profitable, unemployment benefits have to be low enough to prevent workers for staying too long in the unemployment status because they are vulnerable to crime activities. If, instead, jobs are well paid and/or crime is not profitable, unemployment benefits have to be high enough to induce workers to stay unemployed rather to commit crime because they are less vulnerable to crime activities. Also, in segregated neighbourhoods characterized by high interactions between peers, a policy only based on punishment and arrest will not be efficient in reducing crime. It has to be accompanied by other types of policies that take into account social interactions.
主题Labour Economics ; Public Economics
关键词Social interaction Crime Labour market Forward-looking agents
URLhttps://cepr.org/publications/dp5483
来源智库Centre for Economic Policy Research (United Kingdom)
资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/534340
推荐引用方式
GB/T 7714
Dani Rodrik. DP5483 The Social Cost of Foreign Exchange Reserves. 2006.
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