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. -- Exchange rate regime ; monetary policy ; fiscal policy ; seigniorage …

findings, a growing shadow economy has a negative effect on official GDP growth, and a positive impact of corruption on the …

Corporation (MCC) was successful in promoting better control of corruption. We employ a difference … corruption over time. -- foreign aid ; corruption ; Millennium Challenge Corporation ; MCC effect …

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 …

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