| ID | 080437 |
| Title Proper | Will Inflation Increase Crime rate? new evidence from bounds and modified wald tests |
| Language | ENG |
| Author | Tang, Chor Foon ; Lean, Hooi Hooi |
| Publication | 2007. |
| Summary / Abstract (Note) | This paper employs the modified Wald (MWALD) causality test to re-examine the relationship between crime and its determinants (inflation and unemployment) in the United States from 1960 to 2005. Bounds test approach is employed to investigate the existence of a long-run relationship. The empirical evidence suggests that inflation and crime rates are cointegrated with a positive relationship. Moreover, the causal link is from inflation and unemployment to crime |
| `In' analytical Note | Global Crime Vol. 8, No.4; Oct 2007: p311-323 |
| Journal Source | Global Crime Vol. 8, No.4; Oct 2007: p311-323 |
| Key Words | Cointegration ; MWALD ; Inflation ; Crime ; JEL Classification Code |