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Angelucci, Charles; Russo, Antonio - 2015

. Officials verify compliance to determine whether to grant permits, and may engage in either bribery or extortion. Without … feedback, the government has no choice but to tolerate bribery, which leads to too many permits being granted and large …) ties officials' pay to these complaints makes deterring both bribery and extortion possible. Our proposed scheme does not …

Persistent link: https://www.econbiz.de/10011343756

Market contestability and bribe solicitations : evidence across stages of firms' operations

Goel, Rajeev K.; Mazhar, Ummad; Saunoris, James W. - 2018

Adding to the literature on factors driving corruption and bribery, this paper examines the effect of contestability in …

Persistent link: https://www.econbiz.de/10011822610

Taxation, corruption and the exchange rate regime

Hefeker, Carsten - 2009

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 and improve the fiscal system. A monetary union,...

Persistent link: https://www.econbiz.de/10003808666

Reforming legislatures : is one house better than two?

Facchini, Giovanni; Testa, Cecilia - 2009

During the last decade unicameral proposals have been put forward in fourteen US states. In this paper we propose a theoretical framework casting some lights on the drawbacks of bicameral state legislatures and on the effects of the proposed constitutional reforms. In a setting where lawmakers...

Persistent link: https://www.econbiz.de/10003850512

One size fits all? : decentralization, corruption, and the monitoring of bureaucrats

Lessmann, Christian; Markwardt, Gunther - 2009

The majority of theoretical and empirical studies on the relationship between decentralization and corruption argues that the devolution of power might be a feasible instrument to keep corruption at bay. We argue that this result crucially depends on the effectiveness of monitoring bureaucrat's...