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We argue that the key impediment to accurate measurement of the effect of police on crime is not necessarily simultaneity bias, but bias due to mismeasurement of police.Using a new panel data set on crime in medium to large U.S. cities over 1960-2010, we obtain measurement error corrected estimates of the police elasticity of the cost-weighted sum of crimes of roughly -0.5.The estimates confirm a controversial finding from the previous literature that police reduce violent crime more so than property crime.
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