comply with regulations before undertaking an activity. Officials verify their compliance and may engage in corruption. In … line with existing work, the government tolerates corruption and weak enforcement when it does not communicate with … corruption and improves regulatory enforcement. In an extension, we incorporate intermediaries and show their presence makes the …

corruption and the concealment of officials' bribes, tax havens discourage the provision of public goods and hence have also a …

fiscal impatience which leads to excessive issuing of sovereign bonds. External creditors envision the corrupt economy … oversupplying debt, leading the economy to a perfect-foresight trap. In incorrupt countries which have entered a high … contrary, under corruption, we show that bailouts are ineffective unless rent-seeking groups are eradicated …

We study how the shadow economy affects pollution and how this effect depends on corruption levels in public … administration. Production in the shadow economy allows firms to avoid environmental regulation policies; a large informal sector may … be accompanied by higher pollution levels. Our theoretical model predicts that controlling the levels of corruption can …

hypothesize that corruption matters in this nexus. Using panel data covering the period of 2002-2012 for more than 150 countries … total working age population (15-64 years old) and corruption on political stability. This finding is robust, controlling … between corruption and the youth population remains robust when we control for the persistency of political stability and the …

How to fight petty day-to-day corruption is a question often debated by politicians, by the public and in the economic … literature. Early studies have noted that a simple and well-known way to fight day-to-day corruption is to create competition … in a way that eliminates corruption. This is due to a tradeoff between corruption and compliance costs. More …

This paper investigates the relationship between electoral incentives, institutions and corruption. We assume that …

bureaucrats. It is shown that the existence of tax evasion does not affect corruption activities at the firm level, while the … budgetary repercussions of tax evasion induce less corruption. Policy measures which alter the gains or losses from corruption …

culture of corruption …