Oil Hikes, Drugs and Bribes: Do Oil Prices Matter for Crime Rate in Russia?

<p>In this article we test the hypothesis about the impact of oil prices shocks on the unemployment and crime rate on the example of oil-exporting country. According to the hypothesis, there exist a dependence of the labor market on oil revenue. A negative oil price shock should lead to a decr...

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Bibliographic Details
Main Author: Dmitry Burakov
Format: Article
Language:English
Published: EconJournals 2018-12-01
Series:International Journal of Energy Economics and Policy
Online Access:https://www.econjournals.com/index.php/ijeep/article/view/6833

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