Does Financial Development Reduce Corruption?

I estimate the impact of bank credit to the private sector on corruption using indicators of a country's legal origin as instrumental variables to assess causality. I find that bank credit reduces corruption, with the result robust to instrumenting for bank credit and for different controls

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Year of publication:	2010
Authors:	Thornton, John
Publisher:	[2010]: [S.l.] : SSRN
Subject:	Korruption \| Corruption \| Finanzsektor \| Financial sector \| Welt \| World
Description of contents:	Abstract [papers.ssrn.com]

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Extent:	1 Online-Ressource
Type of publication:	Book / Working Paper
Language:	English
Notes:	Nach Informationen von SSRN wurde die ursprüngliche Fassung des Dokuments December 2009 erstellt Volltext nicht verfügbar
Classification:	G20 - Financial Institutions and Services. General ; O5 - Economywide Country Studies
Source:	ECONIS - Online Catalogue of the ZBW

Persistent link: https://www.econbiz.de/10013136817