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Lochner, Lance – 1999
A dynamic model of decisions to work, invest in human capital, and commit crime was developed and examined. By making all three activities endogenous, the model explains why older, more intelligent, and more educated workers tend to commit fewer property crimes of some types than others. The model includes the following predictions: (1) policies…
Descriptors: Adolescents, Age Differences, Comparative Analysis, Crime


