and engage in local corruption to avoid punishment. When law enforcers are sufficiently well-paid, difficult to bribe and … corruption detection highly probable, we show that increasing policing or sanctions effectively deters crime. However, when … generate higher crime rates. In particular, the relationship between the traditional instruments of deterrence, namely …

We examine the effect of corruption on foreign direct investments. Our model shows that corruption may have different … market. Using Swedish firm-level data, we find that affiliate local sales decrease with corruption, while affiliate exports … increase. Finally, corruption has a negative effect on the probability that a foreign firm will invest in a country. These …

In this paper, we use data from a corruption survey conducted among top politicians and high level civil servants in … 290 Swedish municipalities in 2007 to investigate the effects of government size on corruption. We construct several … measures of corruption based on the survey, and combine these corruption measures with detailed administrative municipality …

determinant of deterrence, having a strong effect even when the probability of exogenous detection is zero. Deterrence appears to … several other forms of crimes that share cartels’ strategic features, including corruption and financial fraud. …

: subjects use costly fines as (altruistic) punishments. Leniency further increases deterrence, but stabilizes surviving cartels …, deterrence is unaffected but prices grow. Differences between treatments in Stockholm and Rome suggest culture may affect optimal …

We provide a cultural explanation to the phenomenon of corruption in the framework of an overlapping generations model … corruption. The driving force in the equilibrium selection process is the education effort exerted by parents which depends on … interventions which via parents' efforts have long-lasting effects on corruption and show the success of intensive education …

We provide a cultural explanation to the phenomenon of corruption in the framework of an overlapping generations model … corruption. …