In this paper we present and test a theory of how political corruption, found in many transition and emerging market … institutions that do not punish political corruption result in political connectedness of firms that in turn has a negative effect …

, 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 …

those without. Using the recent anti-corruption campaign in China as a quasi-experiment, we investigate how endeavors for … counter-corruption affect inequality and potential cronyism in bureaucratic employment through inter-generational transmission … the campaign came into effect in different provincial administrative divisions of mainland China, between individuals with …

an optimal response of the winner's prize to the size of the contestant pool is more evident for China's listed firms … to decide on the tournament winner). Using comprehensive financial and accounting data on China's listed firms from 1998 … effort and hence improved firm performance, and that the performance effect of the winner's prize is greater for China …

to 58%, measured either in terms of reductions in data collection costs or in terms of improvements in the precision of …

equivalent of the costs of the extra time stress is very large. While the departure of a child from the home reduces parents …