Publication
May 2014
This paper measures how Mexico’s 2008–2011 explosion in violent crime has affected the values of homes - the most important asset for most Mexican families. The authors show that violent crime has caused a substantial reduction of home values, and that these effects are much larger in poor neighborhoods than rich ones.
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English (PDF, 50 pages, 632 KB) |
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Author | Nicolas Ajzenman, Sebastian Galiani, Enrique Seira |
Series | CGD Working Papers |
Issue | 364 |
Publisher | Center for Global Development (CGD) |
Copyright | © 2014 Center for Global Development (CGD) |