Showing 1 - 10 of 379
This paper argues that corruption in Russia is systemic in nature. Low wage levels of public officials provide strong … incentives to engage in corruption. As corruption is illegal, corrupt officials can be exposed any time, which enforces loyalty … towards the powers that be; thus corruption is a method of governance. We trace the systemic corruption back to the Mongolian …
Persistent link: https://www.econbiz.de/10013315436
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 …
Persistent link: https://www.econbiz.de/10012970762
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 …
Persistent link: https://www.econbiz.de/10013317657
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 …
Persistent link: https://www.econbiz.de/10005181428
with the level of corruption in both partner countries. This finding supports the hypothesis that trade gaps partly …
Persistent link: https://www.econbiz.de/10005181615
This paper uses a multiple indicators and multiple causes (MIMIC) model and estimates the extent of corruption in 30 … Chinese provinces from 1995 to 2015. Treating corruption as an unobserved latent variable, the MIMIC results show that both … government size and public investment have significant positive effects on corruption, while fiscal decentralization, citizen …
Persistent link: https://www.econbiz.de/10012910628
The aim of this paper is to study the effect of local corruption on political participation which is mediated by the … press. Focusing on Italy, we generate a daily measure of exposition to local corruption screening articles of main Italian … press agency. Applying an event-study methodology on local elections, two results emerge. First, corruption exposition …
Persistent link: https://www.econbiz.de/10012947352
with the level of corruption in both partner countries. This finding supports the hypothesis that trade gaps partly …
Persistent link: https://www.econbiz.de/10013316439
Whistle-blowing by employees plays a major role in uncovering corporate fraud. Various recent laws aim at improving protection of whistle-blowers and enhancing their willingness to report. Evidence on the effectiveness of such legislation is, however, scarce. Moreover, critics have raised...
Persistent link: https://www.econbiz.de/10012958733
An authority delegates a monitoring task to an agent. It can only observe the number of detected offenders, but neither the monitoring intensity chosen by the agent nor the resulting level of misbehavior. We provide a necessary and sufficient condition for the implementability of monitoring...
Persistent link: https://www.econbiz.de/10013055429