View the step-by-step solution to:

Read the paper "Using Electoral Cycles in Police Hiring to Estimate the Effect of Police on Crime" by Levitt (1997). You may also want to look at...

Read the paper "Using Electoral Cycles in Police Hiring to Estimate the Effect of Police on Crime" by Levitt (1997). You may also want to look at McCrary (2002) and Levitt (2002).


(i) What is the main question that this paper answers?

(ii) What is the equation of interest that the author wants to estimate?

(iii) Why is an instrument needed?

(iv) What do the authors use as an instrument? What two conditions must this variable satisfy for it to be a valid instrument? Can either of these conditions be checked? How? (v) What is the point of Figure 1 and columns 1-3 in Table 2? What should we check in these regressions? Is there any reason for concern?

(vi) What is(are) the estimated effect(s) of police on crime?

(vii) Do you think the findings in this paper are reliable? Refer to the papers by McCrary (2002) and Kovandzic et al. (2016) to justify your answer.

(viii) There are two major flaws in Levitt (1997). What are they? they are discussed in McCrary (2002) and Kovandzic et al. (2016). 

Recently Asked Questions

Why Join Course Hero?

Course Hero has all the homework and study help you need to succeed! We’ve got course-specific notes, study guides, and practice tests along with expert tutors.

-

Educational Resources
  • -

    Study Documents

    Find the best study resources around, tagged to your specific courses. Share your own to gain free Course Hero access.

    Browse Documents
  • -

    Question & Answers

    Get one-on-one homework help from our expert tutors—available online 24/7. Ask your own questions or browse existing Q&A threads. Satisfaction guaranteed!

    Ask a Question