Wednesday 02 October 2024 15:00 - 16:00

ONLINE

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About this event

In the United States, a substantial population of criminal defendants detained awaiting trial face high financial costs from the monetary bail system. Matching individual-level criminal case records to household-level financial data, we exploit the quasi-random assignment of court commissioners to study how pretrial detention affects household solvency. We find that pretrial detention results in higher rates of household insolvency, driven by higher rates of Chapter 7 bankruptcies and judgment liens, and higher foreclosure rates during periods of decreasing house prices. We document that the effects spill over to family members and show that home equity can cushion households from insolvency.

Participants are expected to adhere to the CEP Events Code of Conduct.

Directions

Policing and Crime Workshops are part of the CEP's Community Wellbeing programme and Policing and Crime Research Group.