Showing 1 - 10 of 45
Recent years have seen a remarkable expansion in economists' ability to measure corruption. This, in turn, has led to a … new generation of well-identified, microeconomic studies. We review the evidence on corruption in developing countries in … light of these recent advances, focusing on three questions: how much corruption is there, what are the efficiency …
Persistent link: https://www.econbiz.de/10009278235
If profit maximizing firms have limited information about the general productivity of new workers, they may choose to use easily observable characteristics such as years of education to 'statistically discriminate' among workers. The pure credential value of education will depend on how quickly...
Persistent link: https://www.econbiz.de/10005714413
Most state and local retirement plans strive for full funding, at least by actuarial standards. Funding measured at market values fluctuates and often falls short. A common argument for full funding is that pensions are a form of deferred compensation that does not justify a debt. The paper...
Persistent link: https://www.econbiz.de/10008674227
Most countries have separate pension plan for public sector employees. The future fiscal burden of these plans can be substantial as the government usually is the largest employer, pension promises in the public sector tend to be relatively generous, and future payments have to be paid out...
Persistent link: https://www.econbiz.de/10009025237
Can governments improve aid programs by providing information to beneficiaries? In our model, information can change how much aid citizens receive as they bargain with local officials who implement national programs. In a large-scale field experiment, we test whether mailing cards with program...
Persistent link: https://www.econbiz.de/10011165140
An extensive literature has studied lobbying by special interest groups. We analyze a novel lobbying channel: lobbying businessmen-politicians through business proxies. When a politician controls a business, firms attempting to curry favors shift their spending towards the politician's business....
Persistent link: https://www.econbiz.de/10010821836
This paper investigates the impact of elite capture on the allocation of targeted government welfare programs in Indonesia, using both a high-stakes field experiment that varied the extent of elite influence and non-experimental data on a variety of existing government transfer programs....
Persistent link: https://www.econbiz.de/10010796586
Government corruption is more prevalent in poor countries than in rich countries. This paper uses cross …-industry heterogeneity in growth rates within Vietnam to test empirically whether growth leads to lower corruption. We find that it does. We … results suggest that as poor countries grow, corruption could subside "on its own,'' and they demonstrate one type of positive …
Persistent link: https://www.econbiz.de/10010796606
Using a large, unique dataset on the Chinese housing market, we propose to measure corruption using the price … driven by alternative explanations, thus they are evidence of corruption and measures of the market value of government power. …
Persistent link: https://www.econbiz.de/10010798421
possible to establish robust bounds on equilibrium corruption using only non-verifiable reports. Our analysis suggests a simple …
Persistent link: https://www.econbiz.de/10010969268