Data and code for: The Role of Broad-Based Employee Ownership Opportunities in Prisoner Reentry
Principal Investigator(s): View help for Principal Investigator(s) Robynn Cox, University of Southern California
Version: View help for Version V1
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text/x-stata-syntax | 5.8 KB | 10/12/2020 02:58:PM |
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application/x-stata | 37.2 MB | 10/12/2020 02:57:PM |
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application/pdf | 50.5 KB | 10/12/2020 02:55:PM |
Project Citation:
Cox, Robynn. Data and code for: The Role of Broad-Based Employee Ownership Opportunities in Prisoner Reentry. Nashville, TN: American Economic Association [publisher], 2020. Ann Arbor, MI: Inter-university Consortium for Political and Social Research [distributor], 2020-10-15. https://doi.org/10.3886/E124241V1
Project Description
Summary:
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This research investigates the relationship between Employee Stock Ownership Plans (ESOPs) and criminal participation as measured by arrests, conviction, and incarceration among formerly incarcerated individuals. Using the 1997 National Longitudinal Survey of Youth I find that formerly incarcerated individuals with ESOP employment are significantly less likely to be arrested, convicted, and incarcerated. This effect likely operates through improvement in labor market outcomes: formerly incarcerated ESOP employees earn approximately 25% more in annual income and work roughly 8.8% more hours per week than formerly incarcerated workers who are employed but not working for an ESOP firm.
Funding Sources:
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Rutgers School of Management and Labor Relations;
Federal Reserve Bank of Minneapolis
Scope of Project
Subject Terms:
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ESOPs;
Prisoner Reentry;
Employment;
Earnings;
Formerly Incarcerated
JEL Classification:
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I30 Welfare, Well-Being, and Poverty: General
J10 Demographic Economics: General
K42 Illegal Behavior and the Enforcement of Law
I30 Welfare, Well-Being, and Poverty: General
J10 Demographic Economics: General
K42 Illegal Behavior and the Enforcement of Law
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