Showing 1 - 10 of 74
We consider a framework à la Wirl (1994) where political liberalization is the outcome of a lobbying differential game between a conservative elite and a reformist group, the former player pushing against political liberalization in opposition to the latter. In contrast to the benchmark model,...
Persistent link: https://www.econbiz.de/10010933899
In this chapter, we propose a primer of the treatment that has received in the economic literature the problematic of entrepreneurship and rent-seeking behavior. It comprises the introduction of employed concepts, the discussion of the allocation of entrepreneurs between different types of...
Persistent link: https://www.econbiz.de/10009278310
Evidence shows that the allocation of talented people is not neutral for growth. Thus, a country with a large population of law concentrators tends to develop rent-seeking activities that reduce growth. A country with a large population of engineers tends to foster innovation and strengthen...
Persistent link: https://www.econbiz.de/10009278336
We develop a new mechanism through which skilled migration may influence economicperformance in the sending country. If agents can choose between acting asrent-seekers and engaging in productive activities, and only productive skills are exportable,a positive probability of migration (to a more...
Persistent link: https://www.econbiz.de/10010750583
This paper investigates risk and stability features of Islamic banking using a sample of 553 banks from 24 countries between 1999 and 2009. Small Islamic banks that are leveraged or based in countries with predominantly Muslim populations have lower credit risk than conventional banks. In terms...
Persistent link: https://www.econbiz.de/10010899528
We show the existence of a twin peaks relation between trust and the size of the welfare state that stems from two opposing forces. Uncivic people support large welfare states because they expect to benefit from them without bearing their costs. But civic individuals support generous benefits...
Persistent link: https://www.econbiz.de/10010933915
In this text we will show a connection between the level of corruption and the level of the FDI entering an economy. We … understanding of the process by which the corruption transmits its effects thru the economy, in this case, on the FDI. …
Persistent link: https://www.econbiz.de/10010936652
While methodologies and survey techniques recorded progress over the years, corruption measurement remains a many …-headed monster. Since 2003 and the first publication of Transparency International's Global Corruption Barometer, researchers have … access to population's feeling about the corruption scourge across institutions. Thereby, wider room emerged for populations …
Persistent link: https://www.econbiz.de/10009323507
This paper explores the role of corruption in a two-country model with fiscal spillovers. In the absence of cooperation … on governance issues, countries always have a strategic incentive to appoint policymakers whose aversion to corruption is … lower than average. An international agreement is a precondition for placing corruption fighters at the head of governments. …
Persistent link: https://www.econbiz.de/10009277879
We explore the consequences of bad governance and corruption for public debt and welfare in a model of policymaking … point of this paper is that corruption can enhance welfare in two ways: first, by mitigating the inflationary bias of … accumulation. The paper thus invokes the lack of interest for explaining the prevalence of corruption in countries with low …
Persistent link: https://www.econbiz.de/10009278335