Bigger governments raise the possibilities for corruption; more corruption may in turn raise the support for … redistributive policies that intend to correct the inequality and injustice generated by corruption. We formalize these insights in a … simple dynamic model. A positive feedback from past to current levels of taxation and corruption arises either when wealth …

transaction difficulties. But, such environments often also feature highly interventionist government, and even corruption …

Recent years have seen a remarkable expansion in economists' ability to measure corruption. This, in turn, has led to a … new generation of well-identified, microeconomic studies. We review the evidence on corruption in developing countries in … light of these recent advances, focusing on three questions: how much corruption is there, what are the efficiency …

less corrupt governments receive more foreign aid. On the contrary, according to some measures of corruption, more corrupt … governments receive more aid. Also, we could not find any evidence that an increase in foreign aid reduces corruption. In summary …

This paper examines the role of corruption in the design of monetary policies for developing countries and obtains … corruption. Second, the optimal degree of conservatism for a Rogoff (1985)-type central banker is an inverse function of the … corruption level. Third, either an optimally-designed inflation target or an optimal conservative central banker is preferableto …

corruption of their subordinates as a byproduct of their efforts to implement their preferences using tax revenue. Within this …