In this paper, we develop a dynamic model of politicians who can engage in corruption. The model offers important … insights into what determines corruption and how to design policy to combat it. We estimate the model using data from Brazil to … measure voters' willingness to pay for various commonly-proposed anti-corruption policies, such as increasing audit …

We use China's recent anti-corruption campaign as a natural experiment to examine the (market expected) equilibrium … consequences of (anti-)corruption. We argue that the announcement of inspections of provincial governments by the Central … Commission for Discipline Inspection (CCDI) on May 17, 2013 represents a significant departure of past norms of anti-corruption …

subsidy awards and depressed the influence of their corruption-related expenditures. We also examine the impact of these … changes: subsidies became significantly positively associated with future innovation after the anti-corruption campaign and …

Political corruption is considered a major impediment to economic development, and yet it remains pervasive throughout … the world. This paper examines the extent to which government audits of public resources can reduce corruption by … enhancing political and judiciary accountability. We do so in the context of Brazil's anti-corruption program, which randomly …

possible to establish robust bounds on equilibrium corruption using only non-verifiable reports. Our analysis suggests a simple …

Does combating corruption reduce clientelism? We examine the impact of a prominent anti-corruption program on …

Corruption is a widespread phenomenon in many developing and transitional economies. China is a country in profile both … in the prevalence of corruption, and in its attempts to root out corruption. The recent anti-corruption campaign in China … also provides unusual amount of data to study the causes and consequences of corruption, which will have implications for …

possibility that some features of FDI host countries, such as bureaucratic corruption, may deter inward FDI, but are positively … explicitly into account corruption level in host countries and using a firm-level data set on investment projects in 24 …

This paper studies the impact of corruption in a host country on foreign investor's preference for a joint venture … versus a wholly-owned subsidiary. There is a basic trade-off in using local partners. On the one hand, corruption makes local … hand, corruption decreases the effective protection of investor's intangible assets and lowers the probability that …