How Do Right-to-Carry Laws Affect Crime Rates? Coping with Ambiguity Using Bounded-Variation Assumptions
Author(s) -
Charles F. Manski,
John V. Pepper
Publication year - 2017
Publication title -
the review of economics and statistics
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 8.999
H-Index - 165
eISSN - 1530-9142
pISSN - 0034-6535
DOI - 10.1162/rest_a_00689
Subject(s) - ambiguity , variation (astronomy) , carry (investment) , bounded function , property crime , law , affect (linguistics) , economics , violent crime , econometrics , mathematics , political science , criminology , sociology , computer science , physics , communication , astrophysics , programming language , mathematical analysis , finance
Despite dozens of studies, research on crime has struggled to reach consensus about the impact of right-to-carry (RTC) gun laws. With this in mind, we formalize and apply a class of bounded-variation assumptions that flexibly restrict the degree to which outcomes may vary across time and space. Using these assumptions, we present empirical analysis of the effect of RTC laws on violent and property crimes in Virginia, Maryland, and Illinois. Imposing specific assumptions that we believe worthy of consideration, we find that RTC laws increase some crimes, decrease other crimes, and have effects that vary over time for others.
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