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Date: April 30, 2024 Tue
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Results for sandy hook
1 results foundAuthor: Koenig, Christoph Title: Dynamics in Gun Ownership and Crime - Evidence from the Aftermath of Sandy Hook Summary: Gun rights activists in the United States frequently argue that the right to bear arms, as guaranteed by the Second Amendment, can help deter crime. Advocates of gun control usually respond that firearm prevalence contributes positively to violent crime rates. In this paper, we provide quasi-experimental evidence that a positive and unexpected gun demand shock led to an increase in murder rates after the mass shooting at Sandy Hook Elementary School and the resulting gun control debate in December 2012. In states where purchases were delayed due to mandatory waiting periods and bureaucratic hurdles in issuing a gun permit, firearm sales exhibited weaker increases than in states without any such delays. We show that this finding is hard to reconcile with standard economic theory, but is in line with findings from behavioral economics. States that saw more gun sales then experienced significantly higher murder rates in the months following the demand shock, as murders increased by 6-15% over the course of a year. Details: Bristol, UK: Department of Economics University of Bristol, 2018. 58p. Source: Internet Resource: Discussion Paper 18 / 694: Accessed November 26, 2018 at: http://www.efm.bris.ac.uk/economics/working_papers/pdffiles/dp18694.pdf Year: 2018 Country: United States URL: http://www.efm.bris.ac.uk/economics/working_papers/pdffiles/dp18694.pdf Shelf Number: 153537 Keywords: Gun Control Gun Violence Gun-Related Violence Homicides Mass Homicides Mass Shootings Sandy Hook |