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Can a society suffering contests between rich and poor achieve good governance in the face of endemic corruption? We … payments, limiting the state's economic development capability. In the face of extensive corruption, it is challenging for the … that minimizes corruption and is sensitive to the present and future needs of society. To do this it must understand what …
Persistent link: https://www.econbiz.de/10011762214
We address the impact of corruption in a developing economy in the context of an empirically relevant hold-up problem …'s bureaucracy, which can be centralized or decentralized, and characterize the 'corruptibility' of bureaucrats in each case. Results … is less tight, bureaucrats are less venal, or compensation for expropriation is ungenerous. -- corruption ; bureaucratic …
Persistent link: https://www.econbiz.de/10003330459
interface of labor market policies and public economics. Moreover, how rent seeking and corruption within the informal segment … the gap. We identify conditions under which economic reform in the formal segment will increase the rate of corruption or … reforms may increase corruption instead of reducing it, as claimed previously. …
Persistent link: https://www.econbiz.de/10011964890
What are the sources of wage growth in developing countries? In the US, general labor market experience is the key source of wage growth, with job seniority playing a smaller role. By contrast, in Indonesia, the 10-year return to seniority is 24 to 29%, which is higher than the return to...
Persistent link: https://www.econbiz.de/10010528578
This paper studies the effects of the introduction of unemployment compensation (UC) in countries characterized by pervasive informality. We provide a simple framework to analyze the impact of UC on the allocation of workers between formal and informal activities, as well as the allocation of...
Persistent link: https://www.econbiz.de/10009717080
Within a general equilibrium framework of a developing economy with a foreign owned factor of production, this paper questions whether the informal-formal sector relationship is procyclical/ complementary - expansion or contraction in one necessarily implies an expansion or contraction in the...
Persistent link: https://www.econbiz.de/10009013021
Following the attempt by Alesina and Guiliano (2013) to measure global culture and to project these measurements onto real choropleth geographical world maps, we utilize the data from the World Values Survey (WVS) to arrive at robust measurement scales of global economic, political and social...
Persistent link: https://www.econbiz.de/10010354745
those without. Using the recent anti-corruption campaign in China as a quasi-experiment, we investigate how endeavors for … counter-corruption affect inequality and potential cronyism in bureaucratic employment through inter-generational transmission …. First, we conduct a difference-in-differences analysis to compare changes in the probability of working in bureaucracy after …
Persistent link: https://www.econbiz.de/10013380447
We analyze the provision of infrastructure by a foreign investor when the domestic bureaucracy is corrupt, but puts … investment has been sunk, the bureaucracy may hold up the investor, using the threat of expropriation to demand a lower final …
Persistent link: https://www.econbiz.de/10011872622
corruption in every sector is remarkably high. Stifling bureaucratic interference and corruption at every stage of economic … governance allowing substantial corruption in the system. Based on a study of 20 Indian states, we empirically show that higher … corruption increases level of employment in the informal sector. Further, our analysis also shows that for higher levels of …
Persistent link: https://www.econbiz.de/10009234509