subsidy awards and depressed the influence of their corruption-related expenditures. We also examine the impact of these … changes: subsidies became significantly positively associated with future innovation after the anti-corruption campaign and …

possible to establish robust bounds on equilibrium corruption using only non-verifiable reports. Our analysis suggests a simple …

the world. This paper examines the extent to which government audits of public resources can reduce corruption by …Political corruption is considered a major impediment to economic development, and yet it remains pervasive throughout … enhancing political and judiciary accountability. We do so in the context of Brazil's anti-corruption program, which randomly …

We use China's recent anti-corruption campaign as a natural experiment to examine the (market expected) equilibrium … consequences of (anti-)corruption. We argue that the announcement of inspections of provincial governments by the Central … Commission for Discipline Inspection (CCDI) on May 17, 2013 represents a significant departure of past norms of anti-corruption …

countries with higher corruption norms, lower government control and effectiveness. Predictions of the level of counterfeiting …

In this paper, we provide a new framework for analyzing corruption in public bureaucracies. The standard way to model … corruption is as an example of moral hazard, which then leads to a focus on better monitoring and stricter penalties with the … eradication of corruption as the final goal. We propose an alternative approach which emphasizes why corruption arises in the …

In this paper we analyze the link between corruption money laundering and round-trip investment via offshore … the conclusion that there is a strong link between round-trip investment and corruption money laundering …

are desperate, vulnerable, or demanding services particularly prone to corruption. The effect is strongest for bribery of …

nor Japanese investors treat corruption in East Asia any differently from that in other parts of the world. There are …This paper studies the effect of corruption on foreign direct investment. The sample covers bilateral investment from … the tax rate on multinational firms or the corruption level in a host country reduces inward foreign direct investment …