TY  - RPRT
        AU  - Bell, Brian
AU  - Bindler, Anna
AU  - Machin, Stephen
        TI  - Crime Scars: Recessions and the Making of Career Criminals
        PY  - 2014/Jul/
        PB  - Institute of Labor Economics (IZA)
        CY  - Bonn
        T2  - IZA Discussion Paper
        IS  - 8332
        UR  - https://www.iza.org/publications/dp8332
        AB  - Recessions lead to short-term job loss, lower levels of happiness and decreasing income levels. There is growing evidence that workers who first join the labour market during economic downturns suffer from poor job matches that have a sustained detrimental effect on their wages and career progression. This paper uses a range of US and UK data to document a more disturbing long-run effect of recessions: young people who leave school in the midst of recessions are significantly more likely to lead a life of crime than those graduating into a buoyant labour market. These effects are long lasting and substantial.
        KW  - crime
KW  - recessions
KW  - unemployment
        ER  -