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Are U.S. Cities Underpoliced? Theory and Evidence

Author

Listed:
  • Aaron Chalfin

    (University of Pennsylvania)

  • Justin McCrary

    (University of California, Berkeley)

Abstract
We document the extent of measurement errors in the basic data set on police used in the literature on the effect of police on crime. Analyzing medium to large U.S. cities over 1960 to 2010, we obtain measurement error-corrected estimates of the police elasticity. The magnitudes of our estimates are similar to those obtained in the quasi-experimental literature, but our approach yields much greater parameter certainty for the most costly crimes, the key parameters for welfare analysis. Our analysis suggests that U.S. cities are substantially underpoliced.

Suggested Citation

  • Aaron Chalfin & Justin McCrary, 2018. "Are U.S. Cities Underpoliced? Theory and Evidence," The Review of Economics and Statistics, MIT Press, vol. 100(1), pages 167-186, March.
    • Handle: RePEc:tpr:restat:v:100:y:2018:i:1:p:167-186
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    File URL: http://www.mitpressjournals.org/doi/pdf/10.1162/REST_a_00694
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