Showing 1 - 10 of 68
This paper investigates the informal labour market in Russia in late 1995 and estimates a labour supply function in the informal sector using nationally representative micro-data from the Russian Longitudinal Monitoring Survey, Round VI. The findings show that the informal economy constitutes a...
Persistent link: https://www.econbiz.de/10005662130
This Paper is an empirical study of fiscal policy in countries with extreme monetary regimes. We study members of multilateral currency unions, dollarized countries that officially use the money of another country, and countries using currency boards. We find that belonging to an international...
Persistent link: https://www.econbiz.de/10005791738
This paper analyses the causes and consequences of offshore financial centers (OFCs). Since OFCs are likely to be tax … and simulate a model of a home country monopoly bank facing a representative competitive OFC which offers tax advantages …
Persistent link: https://www.econbiz.de/10005114144
Using the regression discontinuity design of close gubernatorial elections in the U.S., we identify a significant and positive impact of the social networks of corporate directors and politicians on firm value. Firms connected to elected governors increase their value by 3.89%. Political...
Persistent link: https://www.econbiz.de/10011249372
and applications include political groups, ethnicities, agents motivated by the work in the public sector and corruption … that patronage may be strictly positive in both of them. We also apply the second setting to the case of corruption. …
Persistent link: https://www.econbiz.de/10011145475
predictions along two main dimensions. First, corruption is more frequent in sectors where public institutions are large buyers …
Persistent link: https://www.econbiz.de/10008865969
Habsburg affiliation increases current trust and reduces corruption in courts and police. Falsification tests of spuriously …
Persistent link: https://www.econbiz.de/10008873335
Conventional wisdom depicts corruption as a tax on incumbent firms. This paper challenges this view in two ways. First …, by arguing that corruption matters not so much because of the value of the bribe ("tax"), but because of another less … studied feature of corruption, namely bribe unavoidability. Second, we argue that the social costs of corruption arise not …
Persistent link: https://www.econbiz.de/10008682881
This paper reviews the theories of corruption in regulated sectors to further understand the impact of corruption and … attempt to draw out some of the broader lessons that can be learnt for anti-corruption policy in general. …
Persistent link: https://www.econbiz.de/10008683530
This paper develops a new insight enabling the empirical study of media capture: minority shareholders of newspapers and readers face similar risks. Both are adversely affected when corrupt insiders use the newspaper for personal profit and receive invisible revenues. This means that relevant...
Persistent link: https://www.econbiz.de/10011083663