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Identifying Economic Causes of Mass Shootings

Author

Listed:
  • Markus Brueckner
  • Hasin Yousaf

Abstract

Mass shootings are frequent in the United States, which have several adverse effects on society and the economy. There is limited empirically rigorous evidence on the causes of mass shootings. This paper identifies economic causes of mass shootings using oil price windfalls as an exogenous shock to a state’s economic conditions. We find that oil price windfalls lead to significantly lower prevalence, number, and casualties in mass shootings. Our findings are consistent with the view that exogenous increases in average incomes, i.e. improved living standards, reduce the risk of violence.

Suggested Citation

  • Markus Brueckner & Hasin Yousaf, 2024. "Identifying Economic Causes of Mass Shootings," ANU Working Papers in Economics and Econometrics 2024-703, Australian National University, College of Business and Economics, School of Economics.
    • Handle: RePEc:acb:cbeeco:2024-703
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    File URL: https://cbe.anu.edu.au/researchpapers/econ/wp703.pdf
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    More about this item

    Keywords

    Mass Shootings; Oil Price Windfalls; Economic Shocks;
    All these keywords.

    JEL classification:

    • D74 - Microeconomics - - Analysis of Collective Decision-Making - - - Conflict; Conflict Resolution; Alliances; Revolutions
    • C13 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods and Methodology: General - - - Estimation: General
    • J18 - Labor and Demographic Economics - - Demographic Economics - - - Public Policy

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