This paper analyzes whether nation-state governments can increase their credibility by becoming members of … international organizations. Credibility is an important asset because it determines the real interest rate and is expected to have … organizations can improve the credibility of nation-state governments. This hypothesis is tested by introducing three new indicators …

economy may be trapped in a locally stable high-corruption, high-slavery equilibrium and major changes in government policies …

The nexus between corruption and economic growth has been examined for a long time. Many empirical studies measured … corruption by the reversed Transparency International's Perception of Corruption Index (CPI) and ignored that the CPI was not … 2012-2018 and re-examine the nexus between corruption and economic growth. The cumulative long-run effect of corruption on …

I examine whether elections influence perceived corruption in the public sector. Perceived corruption in the public … sector is measured by the reversed Transparency International’s Perception of Corruption Index (CPI). The dataset includes … perceived corruption in the public sector increased before elections. The effect is especially pronounced before early elections …

corruption. On the one hand, if we assume that the goal of criminals involved in corruption is to minimize the probability of … being detected, then corruption represents a demand for money laundering (trigger effect), while money laundering can serve … as an effective way to clean the revenue from corruption for re-investment (multiplier effect). On the other hand …

We study the effect of a corruption reflection index on internal conflict in Iran using a novel measure of corruption … variance decomposition analyses to track the response of protests to shocks in the level of corruption. Using annual data from … 1962 to 2019, we find a positive and significant response of protests to a positive shock in the news-based corruption …

This paper evaluates whether the level of public corruption influences COVID-19 case fatality rates. Using cross …-section data, including 64 countries and multiple regression techniques, we find that the level of corruption is positively and …

We study how policies limiting the spending capacity of local governments may reduce corruption. We exploit the … both recorded corruption rates and corruption charges per euro spent. This effect emerges only in areas in which the DSP … put a binding cap on municipal capital expenditures. The reduction in corruption is linked to accountability incentives as …

. Corruption takes the form of the embezzlement of public funds, the effect of which is to increase the government's reliance on …This paper presents an analysis of the effect of bureaucratic corruption on economic growth through a public finance … intermediaries make portfolio decisions on behalf of agents, and bureaucrats collect tax revenues on behalf of the government …

crimes committed by government members which, in turn, increases their incentives to commit such crimes. Here, this … hypothesis is put to an empirical test focusing on a particular kind of crime, namely corruption. In order to test it, it was … show that de facto independence of prosecution agencies robustly reduces corruption of officials. …