This paper develops a simple framework to analyze the links between corruption and the unofficial economy and their …

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 … prevent corruption, and compare them to the fee schedules employed by major auction houses. …

This paper provides a simple model of corruption dynamics with the ratchet effect. As in Shleifer and Vishny (1993), we … consider the sale of government property (entry permit) by government officials as the prototype of corruption activities. In a … official's tenure stability on the extent of corruption. This allows us to identify circumstances under which the often …

In transition and developing countries, we observe rather high levels of corruption even if they have democratic … high corruption levels. Our model is based on the fact that corrupt offcials have to pay an entry fee to get lucrative … positions. In a probabilistic voting model, we show that a lack of financial institutions can lead to more corruption as more …

bureaucrats. It is shown that the existence of tax evasion does not affect corruption activities at the firm level, while the … budgetary repercussions of tax evasion induce less corruption. Policy measures which alter the gains or losses from corruption …

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. …