Economists tend to reduce all corruption to impersonal market-like transactions, ignoring the role of social ties in … shaping corruption. In this paper, we show that this simplification substantially limits the understanding of corruption. We … distinguish between market corruption (impersonal bribery), and network (or parochial) corruption which is conditional on the …

Which incentives have the strongest impact on the size of the shadow economy? Is it about government's pressure against … determining the size of the shadow economy, using the case of the Russian taxi market. It uses a unique dataset of taxi licensing … market, with higher repressiveness leading to a smaller shadow economy. In contrast, the effect of carrots was insignificant …

in investment between really decentralized and other firms declines as corruption grows. Empirical research presented in … institutions, such as that of Russia. However, as the role of non-market factors (such as corruption) in firms' prosperity …

We propose a novel way to measure the rule of law intensity of exports at the goods level based on nearly 100 million … predicts that goods resulting from fragmented production processes should be the most rule of law intensive. However, we find … that the rule of law intensity of other goods is, on average, only slightly lower than that of fragmented goods. We examine …