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This paper investigates whether elite interconnections contribute to unethical behavior. It aims to present a clear explanation of how these connections are established, analyze the presence of unethical conduct within them, and assess their impact on the economy and societal welfare. This paper...
Persistent link: https://www.econbiz.de/10014577244
What is ethics and how is it related to the legal system and to economics? Are there ethical values in Jewish Law, and could it be that we find in the writing of Hazal [the sages] an interest in job turnover? The purpose of this paper is to answer to those questions by focusing on a specific...
Persistent link: https://www.econbiz.de/10014304176
capture require that the revolving door should be regulated to prevent corruption, while models of abuse of power, in which …
Persistent link: https://www.econbiz.de/10014388410
corruption and decrease the large expenses associated with today's democratic election campaigns. Random mechanisms can be …
Persistent link: https://www.econbiz.de/10011282483
Since the sinking of the Titanic, there has been a widespread belief that the social norm of 'women and children first' gives women a survival advantage over men in maritime disasters, and that captains and crew give priority to passengers. We analyze a database of 18 maritime disasters spanning...
Persistent link: https://www.econbiz.de/10010321473
This paper examines the relationship between corruption and public debt in 106 countries. Results suggest that … corruption leads to an increase in public debt. We also investigate if the effect of corruption on pblic debt is increased by … government expenditure, the shadow economy and military expenditure. We find that the effect of corruption on public debt is …
Persistent link: https://www.econbiz.de/10010368254
criminals may bribe public officials to subvert the law. Legislators should anticipate this reaction and fight it back by …, the threat of being betrayed by their fellows may induce top-criminals to rely on corruption (to avoid sanctions). However …
Persistent link: https://www.econbiz.de/10011739613
Corruption is a widespread phenomenon. Nevertheless, causal evidence on the effects of corruption is still lacking. In … this paper, we assess whether and how corruption affects cooperation using a public good game experiment. Overall …, contributions to the public good are reduced by 30% when participants have the possibility to bribe the punishment authority. Two …
Persistent link: https://www.econbiz.de/10011784295
Following ECB-president Draghi's remark that the European Social Model does no longer exist and the crisis can only be overcome through a combination of austerity and structural reform, this paper examines the consequences of austerity measures and structural reforms adopted during the crisis in...
Persistent link: https://www.econbiz.de/10010322813
This paper analyzes the interconnection between elites and its effects on economic growth. For decades, the bureaucratic elite has been joining the business elite after leaving office, and this in growing numbers. This relationship has been termed the revolving door in English, pantouflage in...
Persistent link: https://www.econbiz.de/10010335988