Impatience and crime. Evidence from the NLSY97

IF 2.5 2区 经济学 Q2 ECONOMICS Journal of Economic Psychology Pub Date : 2024-02-21 DOI:10.1016/j.joep.2024.102711
Stefania Basiglio , Alessandra Foresta , Gilberto Turati
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Abstract

We empirically test the relationship between crime and impatience at the individual level, exploiting data from the National Longitudinal Survey of Youth 1997 (NLSY97). Besides providing information on violent, property, and drug crimes, NLSY97 allows us to observe different behaviors, sharing impatience as a common latent factor. We use factor analysis to extract this common factor as a measure of impatience. Estimates from a Logit model suggest a positive association between impatience and crime. This relationship differs across violent, property, and drug crimes, but we do not find significant heterogeneities when comparing individuals according to gender, parental education, and ethnic groups. The main result is robust to different factor analysis specifications and controls for risk preferences. Our findings support policies aimed at influencing individual time preferences as an indirect way to combat crime.

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不耐烦与犯罪。来自 NLSY97 的证据
我们利用 1997 年全国青年纵向调查(NLSY97)的数据,从个人层面对犯罪与不耐烦之间的关系进行了实证检验。除了提供暴力犯罪、财产犯罪和毒品犯罪的信息外,NLSY97 还允许我们观察不同的行为,并将不耐烦作为一个共同的潜在因子。我们利用因子分析提取出这一共同因子作为不耐烦的测量指标。Logit 模型的估计结果表明,不耐烦与犯罪之间存在正相关。这种关系在暴力犯罪、财产犯罪和毒品犯罪中有所不同,但在比较性别、父母教育程度和种族群体时,我们没有发现明显的异质性。主要结果对不同的因素分析规范和风险偏好控制是稳健的。我们的研究结果支持旨在影响个人时间偏好的政策,将其作为打击犯罪的一种间接方式。
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来源期刊
CiteScore
5.20
自引率
31.40%
发文量
69
审稿时长
63 days
期刊介绍: The Journal aims to present research that will improve understanding of behavioral, in particular psychological, aspects of economic phenomena and processes. The Journal seeks to be a channel for the increased interest in using behavioral science methods for the study of economic behavior, and so to contribute to better solutions of societal problems, by stimulating new approaches and new theorizing about economic affairs. Economic psychology as a discipline studies the psychological mechanisms that underlie economic behavior. It deals with preferences, judgments, choices, economic interaction, and factors influencing these, as well as the consequences of judgements and decisions for economic processes and phenomena. This includes the impact of economic institutions upon human behavior and well-being. Studies in economic psychology may relate to different levels of aggregation, from the household and the individual consumer to the macro level of whole nations. Economic behavior in connection with inflation, unemployment, taxation, economic development, as well as consumer information and economic behavior in the market place are thus among the fields of interest. The journal also encourages submissions dealing with social interaction in economic contexts, like bargaining, negotiation, or group decision-making. The Journal of Economic Psychology contains: (a) novel reports of empirical (including: experimental) research on economic behavior; (b) replications studies; (c) assessments of the state of the art in economic psychology; (d) articles providing a theoretical perspective or a frame of reference for the study of economic behavior; (e) articles explaining the implications of theoretical developments for practical applications; (f) book reviews; (g) announcements of meetings, conferences and seminars.
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