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Date: April 30, 2024 Tue
Time: 2:09 am
Time: 2:09 am
Results for pawnbrokers
2 results foundAuthor: Wheller, Levin Title: The Effect of Stolen Goods Markets on Crime: Evidence from a Quasi Natural Experiment Summary: This paper analyses the causal effect of the availability of stolen goods markets on theft crimes. Motivated by the richness of anecdotal evidence, we study this overlooked determinant of crime's production function through the lens of pawnshops, a widespread business that offers secured loans to people, with items of personal property used as collateral. The endogeneity of pawnshops to crime is addressed in multiple ways. First, we strengthen the hypothesis that pawnshops deal with stolen goods by exploiting the properties of a panel of 2176 US counties from 1997 to 2010. Then, we detect causality exploiting the exogenous rise in the price of gold in a quasi - natural experiment fashion. Specifically, the identification strategy relies on the exogeneity of the interaction between the price of gold, constantly demanded by pawnbrokers in the form of jewels that are melted down to be transformed in a bar of precious metal, and the initial concentration of pawnshops to the county. Conservative estimates show that a one standard deviation increase in gold price generates a 0.05 standard deviation increase in the effect of pawnshops on burglaries and robberies. The mechanism behind the causal effect is corroborated by numerous falsification tests on other crimes that disprove the possibility that pawnshops might cause crime through channels other than the demand for stolen goods. Details: Warwick, UK: University of Warwick, Department of Economics, 2014. 52p. Source: Internet Resource: Warwick Economic Research Papers, No. 1040: Accessed March 20, 2014 at: http://www2.warwick.ac.uk/fac/soc/economics/staff/phd_students/rdeste/merged_document.pdf Year: 2014 Country: United States URL: Shelf Number: 131990 Keywords: BurglariesPawnbrokersRobberiesStolen Goods MarketsTheft |
Author: Sutton, Michael Title: Stolen Goods Markets Summary: This guide addresses the problem of stolen goods markets. The guide begins by describing the problem, then provides advice on how best to analyze local, national, or international stolen goods markets; reviews tactics that you can use to detect those involved in stealing, dealing, and using stolen goods; and suggests ways to assess the tactics' likely effectiveness in specific situations and locations. The ultimate aim of reducing stolen goods markets is to make it more difficult and risky for people to trade in stolen goods and thereby discourage stealing in the first place. Most burglars and other prolific thieves steal to raise money, and to do so they need to sell whatever they steal. To obtain money by stealing things, the prolific and relatively "successful" thief must routinely complete two objectives without getting caught. The first objective is to steal valuable items. The second objective is to sell or trade the stolen goods. Ultimately, the prolific thief's main aim is to acquire something else-often drugs or alcohol-with the money gained from selling the stolen goods. While police and prosecutors commonly think of this scenario as comprising two crimes-one being theft and the other receiving stolen goods-from the thieves' standpoint, they haven't completed the action until they've acquired what they ultimately desire. Understood this way, the theft is only the beginning of the crime, not the end of it. While other theft-related problem-oriented guides address thwarting the thief's first objective, this guide addresses the second objective. Those who knowingly buy stolen goods do not have recourse to legal remedies and so serious violence may be used as a means of criminal dispute resolution. Stolen goods markets are but one aspect of the larger set of problems related to property theft and illicit markets. This guide is limited to addressing the particular harms stolen goods markets create, with a focus on ordinary consumer goods. Some specialty stolen goods markets, such as those dealing in firearms, cultural artifacts, art, or endangered species, have unique features calling for separate analyses and different responses. Details: Washington, DC: U.S. Department of Justice Office of Community Oriented Policing Services, Center for Problem-Oriented Policing, 2010. 72p. Source: Internet Resource: Problem-Oriented Guides for Police Problem-Specific Guides Series No. 57: Accessed January 30, 2018 at: http://www.popcenter.org/problems/pdfs/stolen_goods.pdf Year: 2010 Country: United States URL: http://www.popcenter.org/problems/pdfs/stolen_goods.pdf Shelf Number: 119622 Keywords: BurglariesPawnbrokersRobberiesStolen Goods MarketsTheft |