Showing 1 - 10 of 87
, business regulations, corruption, and to a lesser extent, infrastructure bottlenecks in explaining patterns of job creation at … growth of all firms, particularly micro and small firms. On the other hand, corruption and poor access to infrastructure …
Persistent link: https://www.econbiz.de/10013126166
This paper presents theory and evidence on the relationship between inequality and institutional quality. We propose a model in which the two dynamically reinforce each other and set out to test this relationship with a broad array of institutional measures. We establish double causality between...
Persistent link: https://www.econbiz.de/10013126360
levels of public corruption and of effective governance taking place across nations. The first section develops a principal … Kaufmann et al. (1999a); a panel data set for the period 1980-95 and about 100 nations on corruption and bureaucratic quality … based on experts` rankings; and corruption data for the cross-section of US states in the period 1977-95 …
Persistent link: https://www.econbiz.de/10013126446
is that levels of corruption emerge endogenously as a result of a society-wide coordination game in which the individual … returns to corrupt behavior are a function of how disposed towards corruption the other members of society are perceived as …An influential body of scholarship argues that corruption behaves as a self-fulfilling prophecy. The idea of this work …
Persistent link: https://www.econbiz.de/10013025928
-seeking actions. Second, the longer the duration of democracy, the less rent-seeking in a society. Third, legislation enacted more …
Persistent link: https://www.econbiz.de/10013126333
rapid economic growth; this is hard to reconcile with standard political economy models of taxation. This paper argues that …
Persistent link: https://www.econbiz.de/10013117513
This paper investigates how changes in trade linkages between China, Latin America, and the rest of the world have … Latin American economies shows that the long-term impact of a China GDP shock on the typical Latin American economy has …
Persistent link: https://www.econbiz.de/10013117518
This paper studies equity price volatility in general equilibrium with news shocks about future productivity and monetary policy. As West (1998) shows, in a partial equilibrium present discounted value model, news about the future cash flow reduces asset price volatility. This paper shows that...
Persistent link: https://www.econbiz.de/10013121553
This paper examines the efficacy of three conditional cash transfer (CCT) programs in Honduras, Mexico, and Nicaragua in mitigating the potential negative effects of an income shock caused by falling prices of coffee, an important cash crop to many CCT participants. A theoretical household model...
Persistent link: https://www.econbiz.de/10013124207
, the empirical analysis uses World Values Surveys to study the link between education and democratic attitudes. Controlling …
Persistent link: https://www.econbiz.de/10013126093