We study the role of tax share and transparency of governance on growth and stagnation. A local government maximizes … above them, the economy will achieve perpetual growth. …

reduce the growth rate of the public capital stock. We also show that, in the interior equilibrium, the private asset can …

A new line of theoretical and empirical literature emphasizes the pivotal role of fair institutions for growth. We … dramatic drop in cooperation (and growth), when inequality is increased by a selfserving dictator. No such effect is observed … adverse growth effect of the interaction between the degree and the genesis of inequality. We conclude that economies giving …

spending bill in a neoclassical growth model. We add to the literature by considering a more detailed tax structure, different …

In many auctions, the auctioneer is an agent of the seller. This delegation invites corruption. In this paper we … propose a model of corruption, examine how corruption affects the auction game, how the anticipation of corruption affects … that may prevent corruption, and compare them to the fee schedules employed by major auction houses. …

enforcement against corruption and organized crime in local governments. Specifically, I take advantage of an Italian law that …

Economic growth is propelled in part by the accumulation of different kinds of capital, including social capital in its … is allowed to depreciate, can undermine economic prosperity and growth and possibly also contribute to crises … as well as consequence of slow economic growth and of financial crises. Iceland is a case in point. An increasingly …

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

We examine whether a corruption scandal in which the incumbent is implicated undermines trust in local government. We … use a novel dataset containing information on local corruption scandals reported in Spain during the period 1999 - 2009 … matching methods to improve the identification of the effect of corruption scandals on trust, comparing municipalities affected …

corruption where the judicial system is independent, this relationship has more ambiguous effects where the legal system is weak … and susceptible to politicization. These effects remain after controlling for standard determinants of corruption. …