politician corruption that we conducted in North India is remarkably consistent with our theoretical predictions. …

assets traded on a given market share the same EMRS. The technique is also powerful enough to reject integration between the …

rates. Further, the S&P 500 market seems to be well integrated, and the NASDAQ is generally (but not always) integrated. The …

in corruption to avoid punishment. When law enforcers are sufficiently well-paid, difficult to bribe and corruption … organized crime to corruption, and ensuing impunity leads to higher rather than lower crime. …

Weak public institutions, including high levels of corruption, characterize many developing countries. With a simple …

This Paper studies the impact of corruption in a host country on a foreign investor’s preference for a joint venture …, corruption makes local bureaucracy less transparent and increases the value of using a local partner to cut through the … bureaucratic maze. On the other hand, corruption decreases the effective protection of investor’s intangible assets and lowers the …

Accurate citizen perceptions of corruption are crucial for the political process to effectively restrain corrupt … corruption in a road-building project in their village with a more objective measure of `missing expenditures' in the project. I … between corruption in a particular road project and general corruption in the village. The magnitude of their information …

possibility that some features of FDI host countries, such as bureaucratic corruption, may deter inward FDI, but are positively … taking explicitly into account corruption levels in host countries and using a firm-level data set on investment projects in …

-reported compensation in the public sector. Using the conditions of labour market equilibrium, we develop an aggregate measure of bribery …