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作者

来源

来源 JOURNAL OF URBAN ECONOMICS,Vol.87,P.72-84

语言

英文

关键字

H40;G21;R31;Foreclosure;Vacancy;Crime

作者单位

Freddie Mac, United States;University of Pittsburgh, United States;Freddie Mac, United States;University of Pittsburgh, United States

摘要

This paper examines the impact of residential foreclosures and vacancies on violent and property crime. To overcome confounding factors, a difference-in-difference research design is applied to a unique data set containing geocoded foreclosure and crime data from Pittsburgh, Pennsylvania. Results indicate that while foreclosure alone has no effect on crime, violent crime rates increase by roughly 19% once the foreclosed home becomes vacant – an effect that increases with length of vacancy. We find weak evidence suggesting a potential vacancy effect for property crime that is much lower in magnitude.