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Corruption and the Shadow Economy : An Empirical Analysis
Dreher, Axel; Schneider, Friedrich - 2021
This paper analyzes the influence of the shadow economy on corruption and vice versa. We hypothesize that corruption … that the shadow economy reduces corruption in high income countries, but increases corruption in low income countries. We … also find that stricter regulations increase both corruption and the shadow economy …
Persistent link: https://www.econbiz.de/10013318034
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Agency and Communication in IMF Conditional Lending : Theory and Empirical Evidence
Marchesi, Silvia - 2014
the countries' authorities, openness, and transparency, consistently with the theory …
Persistent link: https://www.econbiz.de/10012750944
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Media Capture by Banks
Durante, Ruben; Fabiani, Andrea; Laeven, Luc; Peydró, … - 2022
Do media slant news in favor of the banks they borrow from? We study how lending connections affect news coverage of banks earnings reports and of the Eurozone sovereign debt crisis on major newspapers from several European countries. We find that newspapers cover announcements by their lenders...
Persistent link: https://www.econbiz.de/10013406443