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The Effects of Punishment of Crime in Colombia on Deterrence, Incapacitation, and Human Capital Formation

Arlen
Guarín
Carlos Alberto
Medina-Durango
Jorge Andrés
Tamayo-Castaño
Lunes, 1 Julio 2013

Based on individual data on the population of those arrested in Medellín, we assess whether the change in punishment at age 18, mandated by law, has a deterrent effect on arrests. No deterrent effect was found on index, violent or property crimes, but a d