Ending Rent Control Reduced Crime in Cambridge
Name
pandp.20191022.pdf
Description
Published version
Size
478.01 KB
Format
Adobe PDF
Checksum (MD5)
66690f340fcd1861a23d78f791293073
Author(s)
Autor, David H
Palmer, Christopher John
Pathak, Parag
Date Issued
May 2019
Journal
AEA Papers and Proceedings
Publisher
American Economic Association
Citation
Autor, David H. et al. "Ending Rent Control Reduced Crime in Cambridge." AEA Papers and Proceedings 109 (May 2019): 381-84.
Version
Final published version
Abstract
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.
MIT Department
Massachusetts Institute of Technology. Department of Economics
Sloan School of Management
Terms of Use
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.
Persistent DSpace Link
DOI of Published Version
https://doi.org/10.1257/pandp.20191022
