TY  - RPRT
        AU  - Aoki, Yu
        TI  - More Schooling, Less Youth Crime? Learning from an Earthquake in Japan
        PY  - 2014/Nov/
        PB  - Institute of Labor Economics (IZA)
        CY  - Bonn
        T2  - IZA Discussion Paper
        IS  - 8619
        UR  - https://www.iza.org/publications/dp8619
        AB  - This paper aims to identify the causal effect of schooling on youth crime. To identify the causal effect, I use the policy interventions that occurred after the Kobe earthquake that hit Japan in 1995 as a natural experiment inducing exogenous variation in schooling. Based on a comparison of the arrest rates between municipalities exposed to similar degrees of earthquake damage but with and without the policy interventions, I find that a higher high school participation rate reduces juvenile arrest rates for violent crime but not for property crime. The estimates of social benefits show that it is less expensive to reach a target level of social benefits by improving schooling than by strengthening the police force.
        KW  - schooling
KW  - youth crime
KW  - social externality
        ER  -