Juvenile Delinquency in the European Union after the 2008 Financial Crisis
DOI:
https://doi.org/10.47741/17943108.218Keywords:
juvenile delinquent, economic cost, crimes against property, delinquent by age, criminal statisticsAbstract
Based on the financial analysis of crime, this article researches the role of age in crime rates after the 2008 financial crisis for a sample of 24 countries in the European Union (EU). To do so, a panel data model was established with fixed effects based on data from Eurostat. An empirical analysis was performed on the factors that influenced crime in the EU by adopting the least squares model. The results coincided with the existing literature: youth from 15 to 19 years of age are more likely to commit crimes and, as they age, their criminal activities decrease. This research is groundbreaking and contributes new results to the academic controversy on the influence of an economy’s condition on crime, since it confirms that deteriorating economic conditions are a factor that drives crime in the European Union, especially crimes against property.
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