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, civil service wages are an important determinant of corruption. Under shirking models, the level of wages is of secondary …This paper develops and tests two efficiency wage models of corruption in the civil service. Under fair wage models … importance, as potential bribes dwarf wage income. The empirical evidence points to a negative relationship between corruption …
Persistent link: https://www.econbiz.de/10014400303
We study the determinants of employment and wages in the public sector, using a new set of panel data for 34 LDCs and … countries and private employment for OECD countries). Certain measures of government wages are positively associated with …
Persistent link: https://www.econbiz.de/10014398143
Central government wage expenditures accounted for 7 percent of GDP in 99 countries during 1980-90 (unweighted average). Regression analysis indicates that federations, countries with high populations and high per capita incomes, heavily indebted countries, and small low-income economies tend to...
Persistent link: https://www.econbiz.de/10014398730
Persistent link: https://www.econbiz.de/10010523859
in response to compression of wages. The paper develops a simple theoretical framework to discuss these issues and the …
Persistent link: https://www.econbiz.de/10014401612
This paper discusses Selected Issues on Liquidity Risk Management in Fedwire Funds and Private Sector Payment for the United States. While an asymmetric treatment of foreign banking organizations exists regarding the calculation of the capital measure for caps and the fee deductible, policy...
Persistent link: https://www.econbiz.de/10014404480
This technical note on financing of the private sector for Mexico describes the evolution, composition, and determinants of financing to the nonfinancial private sector in Mexico between 2000 and 2005. Equity issuance has not played an important role in financing the private sector in Mexico...
Persistent link: https://www.econbiz.de/10014404916
The Selected Issues paper of Lebanon provides an update of the vulnerability assessment based on the balance sheet approach. It explores the interest rate determination, the strength of the link to international interest rates, and exposure to international interest rate shocks, summarizes the...
Persistent link: https://www.econbiz.de/10014405486
Persistent link: https://www.econbiz.de/10014409912
This technical note assesses the vulnerabilities of household and corporate sector balance sheets and quantifies the potential impacts from macroeconomic shocks using sensitivity and contingent claims analyses. The note analyzes the risks to the Spanish financial stability arising from household...
Persistent link: https://www.econbiz.de/10014395879