Showing 1 - 10 of 446
This paper revisits the effects of corruption on the state's capacity to raise revenue, building on the existing …-2014, compiled by the IMF. It finds that-consistent with the existing literature-corruption is negatively associated with overall tax … revenue, and most of its components. This relationship is predominantly influenced by the way corruption interacts with tax …
Persistent link: https://www.econbiz.de/10012929954
factor in determining a country’s level of corruption. In a simple growth model, we illustrate the interrelationships between … natural resources, corruption, and economic growth, and discuss potential anti-corruption policies. We show that the extent of … corruption depends on natural resource abundance, government policies, and the concentration of bureaucratic power. Furthermore …
Persistent link: https://www.econbiz.de/10013212111
This paper examines the indirect role the IMF plays in combating corruption in the Baltic and CIS countries by … analysis draws on examples of actual experience with corruption and outlines some of the structural measures under IMF …-supported arrangements, which, if successfully implemented, can be expected to help gradually alleviate corruption. It also summarizes IMF …
Persistent link: https://www.econbiz.de/10013317988
Public procurement can be highly vulnerable to corruption. This paper outlines a methodology and results in assessing … corruption risks in public procurement and their impact on relative prices, using large databases on government contracts and … corruption risk factor (aggregated in a synthetic corruption risk index). While there are intrinsic limitations to our study …
Persistent link: https://www.econbiz.de/10014081633
the correlation of crypto-asset usage with indicators of corruption, capital controls, a history of high inflation, and … corruption and more intensive capital controls. Notwithstanding the data limitations, the results support the case for regulating …
Persistent link: https://www.econbiz.de/10013293932
Direct measurement of corruption is difficult due to its hidden nature, and measuring the perceptions of corruption via … countries by applying sentiment analysis to Financial Times articles over 2005–18. This sentiment-enhanced corruption perception … index (SECPI) captures not only the frequncy of corruption related articles, but also the articles’ sentiment towards …
Persistent link: https://www.econbiz.de/10013306771
This paper assesses whether cross-border M&A decisions exhibit network effects. We estimate exponential random graph models (ERGM) and temporal exponential random graph models (TERGM) to evaluate the determinants of cross-country M&A investments at the sectoral level. The results show that...
Persistent link: https://www.econbiz.de/10012843316
The purpose of this paper is to analyze the argument that debt relief would increase the incentive of a debtor country to make an adjustment effort (to invest) and that for this reason creditors may benefit by granting relief. It is shown that there are actually opposing incentive effects of...
Persistent link: https://www.econbiz.de/10012781315
that incentives to retire early are strong for men, especially low-wage earners. The marginal effective tax rates also make … reform measures to enhance work incentives and labor participation, which will be crucial for dealing with population aging …
Persistent link: https://www.econbiz.de/10012760460
We explore the behavior of supervisors when a centralized agency has full power over all decisions regarding banks, but relies on local supervisors to collect the information necessary to act. This institutional design entails a principal-agent problem between the central and local supervisors...
Persistent link: https://www.econbiz.de/10012977777