Niehaus, Paul; Sukhtankar, Sandip - In: American Economic Journal: Economic Policy 5 (2013) 4, pp. 230-69
Theoretical work on disciplining corrupt agents has emphasized the role of expected future rents?for example, efficiency wages. Yet taken seriously this approach implies that illicit future rents should also deter corruption. We study this "golden goose" effect in the context of a statutory wage...