Ending Rent Control Reduced Crime in Cambridge
Using detailed location-specific criminal incident-level data, we find that sudden rent decontrol in Cambridge, Massachusetts in 1995 caused overall crime to fall by 16 percent--approximately 1,200 crimes annually. We estimate that this annual direct benefit to Cambridge residents was roughly $10 mi...
| Main Authors: | , , |
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| Other Authors: | |
| Format: | Article |
| Language: | English |
| Published: |
American Economic Association
2020
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| Online Access: | https://hdl.handle.net/1721.1/128852 |
| _version_ | 1826197618596773888 |
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| author | Autor, David H Palmer, Christopher John Pathak, Parag |
| author2 | Massachusetts Institute of Technology. Department of Economics |
| author_facet | Massachusetts Institute of Technology. Department of Economics Autor, David H Palmer, Christopher John Pathak, Parag |
| author_sort | Autor, David H |
| collection | MIT |
| description | Using detailed location-specific criminal incident-level data, we find that sudden rent decontrol in Cambridge, Massachusetts in 1995 caused overall crime to fall by 16 percent--approximately 1,200 crimes annually. We estimate that this annual direct benefit to Cambridge residents was roughly $10 million (in 2008 dollars), accounting for 10 percent of the growth in the Cambridge residential property values attributable to decontrol. |
| first_indexed | 2024-09-23T10:50:42Z |
| format | Article |
| id | mit-1721.1/128852 |
| institution | Massachusetts Institute of Technology |
| language | English |
| last_indexed | 2024-09-23T10:50:42Z |
| publishDate | 2020 |
| publisher | American Economic Association |
| record_format | dspace |
| spelling | mit-1721.1/1288522022-09-30T23:25:17Z Ending Rent Control Reduced Crime in Cambridge Autor, David H Palmer, Christopher John Pathak, Parag Massachusetts Institute of Technology. Department of Economics Sloan School of Management Using detailed location-specific criminal incident-level data, we find that sudden rent decontrol in Cambridge, Massachusetts in 1995 caused overall crime to fall by 16 percent--approximately 1,200 crimes annually. We estimate that this annual direct benefit to Cambridge residents was roughly $10 million (in 2008 dollars), accounting for 10 percent of the growth in the Cambridge residential property values attributable to decontrol. NSF (Grant SES-962572) Alfred P. Sloan Foundation (Grant B2009-47) 2020-12-17T22:42:31Z 2020-12-17T22:42:31Z 2019-05 2019-10-18T18:48:41Z Article http://purl.org/eprint/type/JournalArticle 2574-0768 2574-0776 https://hdl.handle.net/1721.1/128852 Autor, David H. et al. "Ending Rent Control Reduced Crime in Cambridge." AEA Papers and Proceedings 109 (May 2019): 381-84. en http://dx.doi.org/10.1257/pandp.20191022 AEA Papers and Proceedings Article is made available in accordance with the publisher's policy and may be subject to US copyright law. Please refer to the publisher's site for terms of use. application/pdf American Economic Association American Economic Association |
| spellingShingle | Autor, David H Palmer, Christopher John Pathak, Parag Ending Rent Control Reduced Crime in Cambridge |
| title | Ending Rent Control Reduced Crime in Cambridge |
| title_full | Ending Rent Control Reduced Crime in Cambridge |
| title_fullStr | Ending Rent Control Reduced Crime in Cambridge |
| title_full_unstemmed | Ending Rent Control Reduced Crime in Cambridge |
| title_short | Ending Rent Control Reduced Crime in Cambridge |
| title_sort | ending rent control reduced crime in cambridge |
| url | https://hdl.handle.net/1721.1/128852 |
| work_keys_str_mv | AT autordavidh endingrentcontrolreducedcrimeincambridge AT palmerchristopherjohn endingrentcontrolreducedcrimeincambridge AT pathakparag endingrentcontrolreducedcrimeincambridge |