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

corruption, the features of electoral cycles. The paper discusses both theory and evidence, and concludes with some speculations …

This paper introduces harassment in a model of bribery and corruption. We characterize the harassment equilibrium and …

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 …

economy may be trapped in a locally stable high-corruption, high-slavery equilibrium and major changes in government policies …

corruption. On the one hand, if we assume that the goal of criminals involved in corruption is to minimize the probability of … being detected, then corruption represents a demand for money laundering (trigger effect), while money laundering can serve … as an effective way to clean the revenue from corruption for re-investment (multiplier effect). On the other hand …

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 …