Stephen Machin

Stephen Machin is Professor of Economics at University College London and Research Director of the Centre for Economic Performance at the London School of Economics.

  • Lessons from the Economics of Crime

    Lessons from the Economics of Crime

    What Reduces Offending?

    Philip J. Cook, Stephen Machin, Olivier Marie, and Giovanni Mastrobuoni

    Research from the United States, Europe, and South America demonstrates the usefulness of the tools of economic analysis for the study of crime.

    Economists who bring the tools of economic analysis to bear on the study of crime and crime prevention contribute to current debates a normative framework and sophisticated quantitative methods for evaluating policy, the idea of criminal behavior as rational choice, and the connection of individual choices to aggregate outcomes. The contributors to this volume draw on all three of these approaches in their investigations and discuss the policy implications of their findings.

    Reporting on research in the United States, Europe, and South America, the chapters discuss such topics as a cost-benefit analysis of additional police hiring, the testing of innovative policy interventions through field experiments, imprisonment and recidivism rates, incentives and disincentives for sports hooliganism (“hooliganomics”), data showing the influence of organized crime on the quality of local politicians, and the (scant) empirical evidence for the effect of immigration on crime. These contributions demonstrate the eclectic approach of economists studying crime as well as their increasing respect for the contributions of other social scientists in this area.

    Contributors Brian Bell, Paolo Buonanno, Philip J. Cook, John J. Donohue III, Jeffrey R. Kling, Jens Ludwig, Stephen Machin, Olivier Marie, Giovanni Mastrobuoni, Sendhil Mullainathan, Aurélie Ouss, Emily Greene Owens, Stefan Pichler, Paolo Pinotti, Mikael Priks, Daniel Römer, Rodrigo R. Soares, Igor Viveiros

    • Hardcover $7.75 £5.99

Contributor

  • School Choice International

    School Choice International

    Exploring Public-Private Partnerships

    Rajashri Chakrabarti and Paul E. Peterson

    Analyses and studies of public-private partnerships in education and the varied forms they take in different parts of the world.

    Public-private partnerships in education exist in various forms around the world, in both developed and developing countries. Despite this, and despite the importance of human capital for economic growth, systematic analysis has been limited and scattered, with most scholarly attention going to initiatives in the United States. This volume hlelps to fill the gap, bringing together recent studies on public-private partnerships in different parts of the world, including Asia, North and South America, and Europe. These initiatives vary significantly in form and structure, and School Choice International offers not only comprehensive overviews (including a cross-country analysis of student achievement) but also detailed studies of specific initiatives in particular countries. Two chapters compare public and private schools in India and the relative efficacy of these two sectors in providing education. Other chapters examine the use of publicly funded vouchers in Chile and Colombia, reporting promising results in Colombia but ambiguous findings in Chile; and student outcomes in publicly funded, privately managed schools (similar to American charter schools) in two countries: Colombia's “concession schools” and the United Kingdom's City Academies Programme. Taken together, these studies offer important insights for scholars, practitioners, and policymakers into the purposes, directions, and effects of different public-private educational initiatives.

    Contributors Felipe Barrera, Cristian Bellei, Eric P. Bettinger, Rajashri Chakrabarti, Geeta G. Kingdon, Michael Kremer, Norman LaRocque, Stephen Machin, Karthik Muralidhara, Thomas Nechyba, Harry A. Patrinos, Paul E. Peterson, Ludger Woessmann

    • Hardcover $8.75 £6.99