When there are two groups of officials in a public organization, we show that depending on the groups' behavior - collusive or competitive - increasing the level of monitoring and punishment may have different impacts on corruption. If the two groups of public officials had been demonstrating...

We examine every TDS Bill introduced by the House of Representatives and approved by the U.S. International Trade Commission in the last six years. The significant relationship between these bills and campaign contributions coupled with the personal characteristics of proponents and sponsors...

For the steel import quota bill of 1999, each word in the Congressional Record costs $39 in campaign contributions from the steel industry. Consequently, our answer is "Yes, talk is cheap!"

The percentage of Protestants 100 years ago has a more significant impact on today's level of corruption than the current percentage of Protestants within a country. This supports Williamson [Williamson, O.E., 2000. The new institutional economics: taking stock, looking ahead, Journal of...

In studying the Great Depression, Galbraith asserts that the higher the transitory income the higher the corruption. For a panel of 39 countries over 13 years, 1995-2007, Galbraith's claim holds. Regression analyses also confirm that the higher the permanent income, the lower the corruption.

We consider an economy with a tax on all labor earnings. We discover that a slightly binding minimum wage on one sector can enhance efficiency. The minimum wage attracts high-reservation wage workers into the minimum-wage sector. If the labor demand curve in the free sector is quite flat, the...