An Assessment of How Urban Crime and Victimization Affects Life Satisfaction

Number: 
640
Published: 
Classification JEL: 
I32, K40, K42
Keywords: 
Human capital agglomeration, Social returns, Private returns, Externalities, Uncertainty, Fiscal policy

We assess the effect of the homicide rate, individual´s perception of security in their neighborhood of residence, and of the effect of their having been victimized, on life satisfaction. We find a negative effect of the homicide rate on life satisfactio