Did the Great Recession keep bad drivers off the road?

B-Tier
Journal: Journal of Risk and Uncertainty
Year: 2016
Volume: 52
Issue: 3
Pages: 255-280

Score contribution per author:

1.005 = (α=2.01 / 2 authors) × 1.0x B-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

Abstract Motorists’ fatalities and the fatality rate (roadway deaths per vehicle-mile traveled (VMT)) tend to decrease during recessions. Using a novel data set of individual drivers, we establish that recessions have differential impacts on driving behavior by decreasing the VMT of observably risky drivers, such as those over age 60, and by increasing the VMT of observably safer drivers. The compositional shift toward safer drivers associated with a one percentage point increase in unemployment would save nearly 5000 lives per year nationwide. This finding suggests that policymakers could generate large benefits by targeting new driver-assistance technology at vulnerable groups.

Technical Details

RePEc Handle
repec:kap:jrisku:v:52:y:2016:i:3:d:10.1007_s11166-016-9239-6
Journal Field
Theory
Author Count
2
Added to Database
2026-01-25