Showing 1 - 10 of 196
States, and the European Social Survey (ESS) for Europe. Our analysis for the United States exploits variation across states …
Persistent link: https://www.econbiz.de/10011715324
imbalances. A system of corruption and collusion with politicians and journalists enabled the bank managers to run risky and …
Persistent link: https://www.econbiz.de/10011763872
Persistent link: https://www.econbiz.de/10013169885
discretion and hence the space for policy errors; (2) human resource policies, capacity building, effective anti-corruption …
Persistent link: https://www.econbiz.de/10012604784
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/10012605593
This paper quantifies the savings obtained from risk pooling with a Regional Stabilization Fund (RSF) for the Eastern Caribbean Currency Union. A Monte Carlo experiment is used to estimate the size of a RSF conditional on probabilities of depletion under specific saving-withdrawal rules. Results...
Persistent link: https://www.econbiz.de/10012605596
This paper argues that oil revenue management and public investment in Congo are vulnerable to corruption as a result … of limited transparency and accountability. Corruption has potentially contributed to poor macro-fiscal outcomes. The … paper acknowledges the authorities' anti-corruption efforts made so far and proposes further critical reforms to reduce …
Persistent link: https://www.econbiz.de/10012022067
important public service, there is widespread concern that their activities are negatively affected by corruption. However …, there is limited cross-country analysis on the costs of corruption for SOEs. We present new evidence on how corruption … perform as well as private firms in core sectors when corruption is low. Taking advantage of a novel database reforms, we also …
Persistent link: https://www.econbiz.de/10012154817
This paper argues that better governance practices can reduce the costs, risks and uncertainty of financial intermediation. Our sample covers high-, middle- and low-income countries before and after the global financial crisis (GFC). We find that net interest margins of banks are lower if...
Persistent link: https://www.econbiz.de/10011978660
Countries where social and political institutions stimulate interpersonal trust, civic cooperation, and social cohesiveness tend to have more efficient governments, better governance systems, and faster growth. This paper provides cross-country evidence, based on a sample of developing and...
Persistent link: https://www.econbiz.de/10014399798