Maya Lin-Takahashi
Steven Levitt is one of the richest Economist from United States. According to our analysis, Wikipedia, Forbes & Business Insider, Steven Levitt's net worth $5 Million. (Last Update: December 11, 2023)
Revisiting a question first studied empirically in the 1960s, Donohue and Levitt argued that the legalization of abortion can account for almost half of the reduction in crime witnessed in the 1990s. This paper has sparked much controversy, to which Levitt has said
| Net Worth | $5 Million |
| Salary | Under Review |
| Source of Income | Economist |
| Cars | Not Available |
| House | Living in own house. |
Levitt’s 1996 paper on prison population uses prison overcrowding litigation to estimate that decreasing the prison population by one person is associated with an increase of fifteen Index I crimes per year (Index I crimes include homicide, forcible rape, robbery, aggravated assault, burglary, theft, motor vehicle theft, and arson).
In a 1997 paper on the effect of police hiring on crime rates, Levitt used the timing of mayoral and gubernatorial elections as an instrumental variable to identify a causal effect of police on crime. Past studies had been inconclusive because of the simultaneity inherent in police hiring (when crime increases, more police are hired to combat crime). The findings of this paper were found to be the result of a programming error. This was pointed out in a comment by Justin McCrary published in the American Economic Review in 2002. In a response published with McCrary’s comment Levitt admits to the error and then goes on to offer alternative evidence to support his original conclusions.
Maya is a hardware enthusiast who tests and reviews smart home devices, smartphones, wearables, and audio gear. She focuses on practical consumer value and build quality.
