This study shows that the relative size of the youth bulge matters for how corruption affects the internal stability of … a political system. We argue that corruption cannot buy political stability (e.g., the greasing hypothesis) in countries … find a negative interaction effect between the relative size of the youth population and corruption on internal political …

The paper analyzes the relation between institutional quality, such as corruption, in a country and its monetary regime …. It is shown that a credibly fixed exchange rate to a low inflation country, like a currency board, can reduce corruption … countries with regard to the level of corruption …

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 …

perception of corruption and prevalence of bribe paying. We find that: (a) measures of political influence and corruption …/or have fewer competitors have more political influence, perceive corruption to be less of a problem and pay bribes less often …

have taken place. We test this unexplored implication of the theory empirically. We find in a world sample from 1970 to …

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 …

a recession: (i) the lobbying of domestic, non-exporting firms, and (ii) the relationship between vulnerability, the …