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Many developing countries have suffered under the personal rule of kleptocrats', who implement highly inefficient economic policies, expropriate the wealth of their citizens, and use the proceeds for their own glorification or consumption. We argue that the success of kleptocrats rests, in part,...
Persistent link: https://www.econbiz.de/10012468558
Adequate wages are an important tool to shield public officials from special interests and corruption. But what is the … significantly more likely to prevent corruption in public procurement, a key area of illicit interactions between the state and … limit corruption, but also foster the use of violence as an alternative tool to influence policymaking …
Persistent link: https://www.econbiz.de/10014337819
, particularly tax-smoothing practices. Focusing on democratic representation and control of corruption, our dynamic political …
Persistent link: https://www.econbiz.de/10014447264
We conduct parallel surveys of legislators and citizens in three countries to study their tolerance for corruption. In …-offs between, for example, probity and efficiency: both perceive corruption as undesirable but prevalent. These novel descriptive … data further reveal that legislators generally have accurate beliefs about public opinion on corruption and understand its …
Persistent link: https://www.econbiz.de/10015056149
This paper provides new evidence on why men and women leaders make different choices. We first use a simple political agency model to illustrate how voters' gender bias can lead reelection-seeking female politicians to undertake different policies. We then test the model's predictions by...
Persistent link: https://www.econbiz.de/10014544689
transaction difficulties. But, such environments often also feature highly interventionist government, and even corruption …
Persistent link: https://www.econbiz.de/10012463999
Bigger governments raise the possibilities for corruption; more corruption may in turn raise the support for … redistributive policies that intend to correct the inequality and injustice generated by corruption. We formalize these insights in a … simple dynamic model. A positive feedback from past to current levels of taxation and corruption arises either when wealth …
Persistent link: https://www.econbiz.de/10012467282
Two types of political conflicts of interest pervade many of the world's societies. A horizontal conflict of interest arises when different constituencies support different policies, while a vertical conflict of interest emerges when those in charge of running the government acquire and retain...
Persistent link: https://www.econbiz.de/10012456815
We develop a model that shows how rent-seeking behavior on the part of division managers can subvert the workings of an internal capital market. In an effort to stop rent-seeking, corporate headquarters will be effectively forced into paying bribes to some division managers. And because...
Persistent link: https://www.econbiz.de/10012472852
We argue here for a broader view of the biases in managers' decisions: In general, managerial rent-seeking affects not only the level of investment, but also the form. Our basic hypothesis is simple: given the now well-established scope for managerial discretion, managers have an incentive to...
Persistent link: https://www.econbiz.de/10012474825