I am a public economist focused on crime. I am interested in how microeconomics can provide insight into the choices of participants in criminal markets. I am keen in both because I believe criminal markets are attractive to economics. After all, they operate without legal contract enforcement and because these studies can lead to better public policies to address crime. More importantly, I firmly believe that other than punishing criminals and deterring them, there are other plausible alternatives to reduce crime. In particular, the rehabilitation and reforming of current criminals require understanding their motivations to participate in these markets.
My research is Singapore-focused, and I have built a series of work focusing on the underground economy in Singapore, which mainly spans the commercial sex market, unlicensed money lending market, and illicit drug market gangs. In addition, I am currently working with Singapore Prison Services to develop an incentive scheme to help reduce the offense rate inside the youth prisons. Because we can access these data in Singapore, it is an ideal country for us to study. Finally, Singapore's adherence to the rule of law and intolerance towards crime makes it an ideal country to study because I do not have to worry about corruption when studying enforcement's effects on any illegal market.
Curriculum Vitae
kleong@ntu.edu.sg
48 Nanyang Ave, Singapore 639818
              
            My research is Singapore-focused, and I have built a series of work focusing on the underground economy in Singapore, which mainly spans the commercial sex market, unlicensed money lending market, and illicit drug market gangs. In addition, I am currently working with Singapore Prison Services to develop an incentive scheme to help reduce the offense rate inside the youth prisons. Because we can access these data in Singapore, it is an ideal country for us to study. Finally, Singapore's adherence to the rule of law and intolerance towards crime makes it an ideal country to study because I do not have to worry about corruption when studying enforcement's effects on any illegal market.
Curriculum Vitae
kleong@ntu.edu.sg
48 Nanyang Ave, Singapore 639818
Publications
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                    Teacher Team-Based Incentives: Evidence from a Natural Experiment in a Middle Schoolwith Huailu Li, Dan Li and Yuchen Xie
 Singapore Economic Review,2021
 
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                    Does competition eliminate discrimination? Evidence from the commercial sex market in Singaporewith Huailu Li and Kevin Lang
 The Economic Journal,2018
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                    Behavioral economics of crime rates and punishment levelswith Saori Chiba
 Journal of Institutional and Theoretical Economics,2016
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                    An example of conflicts of interest as pandering disincentiveswith Saori Chiba
 Economics letters,2015
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                    Superaccurate finite element eigenvalues via a Rayleigh quotient correctionwith Issac Fried
 Journal of sound and vibration,2005
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                    Law Enforcement and Bargaining over Illicit Drug Prices: Structural Evidence from a Gang’s Ledgerwith Huailu Li, Marc Rysman and Christopher Walsh
 Journal of the European Economic Association, 2021
 
Revise and Resubmit
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                    Lending to the Unbanked: Relational Contracting with Loan Sharkswith Kevin Lang, Huailu Li and Haibo Xu
 Review of Economics and Statistics
 
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                    China's Unlicensed Moneylending Markets: Relational Contracting between Borrowers and Lenderswith Huailu Li, and Haibo Xu
 Singapore Economic Review
 
Under Review
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                    Influencing Youth Offenders: How Social Status Affects Cheating in Youth Correctionswith Huailu Li and Xuejing Zuo
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                    Cheap Talk With Outside Options: A lab experimentwith Huailu Li, Dan Li and Haibo Xu
 
Working Papers
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                    Borrower Welfare in Loan Sharks Marketswith Huailu Li, Nicola Pavanini and Christopher Walsh
 
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                    Government Digitalization of Personal Information and Loan Sharkswith Huailu Li, Nicola Pavanini and Christopher Walsh
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                    Peer Effect and Misconduct in Youth Correctionwith Huailu Li
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                    Law Enforcement and the Unbanked in Chinawith Huailu Li, Dan Li and Haibo Xu
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                    Scarcity and Cognitive Functioning: Evidence from the Unbankedwith Lipeng Chen and Huailu Li
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                    Hail Mary of Crimewith Kevin Lang, Huailu Li and Haibo Xu
Current Teaching 2020/2021
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                    HE3024 Introduction to Applied Economic Policy Research
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                    HE3002 Game Theory & Applications To Social Sciences
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                    HE8221 Applied Financial Economics
Previous Teaching
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                    HE9092 Economics Theory
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                    HE9091 Principle of Economics
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                    HE1005 Introduction to Probability and StatisticsHE3016 Introduction to Math FinanceHE3024 Introduction to Applied Economic Policy Research.HE2001 Intermediate Microeconomics