Showing 1 - 10 of 3,696
This paper considers the impact of the tax treatment of U.S. military contractors. Prior to the early 1980s, taxpayers were permitted to use the completed contract method of accounting to defer taxation of profits earned on long term contracts. Legislation passed in 1982, 1986 and 1987 required...
Persistent link: https://www.econbiz.de/10012464500
This paper documents novel evidence on the influence of political incentives in the regulatory enforcement of foreign bribery. Using exogenous variation in the timing and geographic location of U.S. Congressional elections, we find that the probability of a Foreign Corrupt Practices Act (FCPA)...
Persistent link: https://www.econbiz.de/10012794651
From 1870 to 1920, when corruption appears to have declined significantly within the United States, the press became … of the informative press was one of the reasons why the corruption of the Gilded Age was sharply reduced during the …
Persistent link: https://www.econbiz.de/10012467899
was checkered with political scandal and widespread corruption that would not seem unusual compared with the most corrupt … developing nation today. We construct a "corruption and fraud index" using word counts from a large number of newspapers for 1815 … corruption from 1870 to 1920, particularly from the late-1870s to the mid-1880s and again in the 1910s. At its peak in the 1870s …
Persistent link: https://www.econbiz.de/10012467915
We show that isolated capital cities are robustly associated with greater levels of corruption across US states, in …
Persistent link: https://www.econbiz.de/10012459635
confidential IRS audit data, we show that corporations with owners from countries with higher corruption norms engage in higher … owners are from countries with higher corruption norms. This suggests that cultural norms can be a challenge to legal …
Persistent link: https://www.econbiz.de/10012460890
We employ a regression discontinuity design based on close elections to estimate the rents from a seat in the U.S. congress between 1850-1880. Using census data, we compare wealth accumulation among those who won or lost their first race by a small margin. We find evidence of significant returns...
Persistent link: https://www.econbiz.de/10012461023
"Firms in Africa report "regulatory and economic policy uncertainty" as a top constraint to their growth. We argue that often firms in Africa do not cope with policy rules, rather they face deals; firm-specific policy actions that can be influenced by firm actions (e.g. bribes) and...
Persistent link: https://www.econbiz.de/10011394615
Although the theoretical literature on corruption is well developed, empirical work in this area has lagged because it … has proven difficult to isolate corrupt behavior in the data. In this paper, we look for evidence of corruption in an … stables play a role in facilitating the corruption. In times of increased media scrutiny, the match rigging disappears …
Persistent link: https://www.econbiz.de/10012470952
This paper offers a new interpretation of the connection between openness and good governance. Assuming that corruption … display lower corruption in equilibrium. In data, naturally more open economies' do exhibit less corruption even after taking …
Persistent link: https://www.econbiz.de/10012470985