In transition and developing countries, we observe rather high levels of corruption even if they have democratic … high corruption levels. Our model is based on the fact that corrupt offcials have to pay an entry fee to get lucrative … positions. In a probabilistic voting model, we show that a lack of financial institutions can lead to more corruption as more …

This paper presents an analysis of the effect of bureaucratic corruption on economic growth through a public finance …. Corruption takes the form of the embezzlement of public funds, the effect of which is to increase the government's reliance on …

This paper analyzes the influence of the shadow economy on corruption and vice versa. We hypothesize that corruption … that the shadow economy reduces corruption in high income countries, but increases corruption in low income countries. We … also find that stricter regulations increase both corruption and the shadow economy. …

Corporation (MCC) was successful in promoting better control of corruption. We employ a difference … corruption over time. …

Understanding corruption is at the heart of treating the dysfunctionality of many countries' public sectors. Yet, most … corruption research suffers from one common problem: There is no "objective" measure of public-sector corruption for a cross …-section of countries. Most studies on the determinants or the effects of corruption rely on indicators of corruption perception …

Numerous countries are introducing citizen feedback schemes to tame corruption. We study how best to incorporate …