Universal Cash and Crime
2020 ◽
Vol 102
(4)
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pp. 678-689
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Keyword(s):
Lump Sum
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We estimate the effects of universal cash transfers on crime from Alaska's Permanent Fund Dividend, an annual lump-sum payment to all Alaska residents. We find a 14% increase in substance-abuse incidents the day after the payment and a 10% increase over the following four weeks. This is partially offset by an 8% decrease in property crime, with no changes in violent crimes. On an annual basis, however, changes in criminal activity from the payment are small. Estimated costs comprise a very small portion of the total payment, suggesting that crime-related concerns of a universal cash transfer program may be unwarranted.
Keyword(s):
2019 ◽
Vol 33
(3)
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pp. 535-550
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2020 ◽
Vol 2
(3)
◽
pp. 373-382
2015 ◽
Vol 7
(2)
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pp. 35-52
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Keyword(s):