While the literature extensively explores the structural enablers of corruption and its adverse effects on economic … performance, less is known about how the state of the economy influences corruption and political accountability. To address this … by punishing corruption. In our model, periods of positive economic conditions increase corruption while weakening …

Many recent studies have looked at the macroeconomic, cultural and institutional determinants of corruption at the … bribes and the firms paying bribes affect the equilibrium level of corruption in the sector. Bribe takers (utility employees … empirical literature on corruption is how to distinguish between the "endogenous harassment" and "speed money" theories of …

This contribution provides a cost-benefit analysis in a partial equilibrium framework to investigate the welfare … the welfare gains from the introduction of an NTM are explored. The results depend on consumer awareness and information …

The paper analyzes the welfare properties of voluntary agreements (VA) with polluters, when they are obtained under the … a polluter lobby group influencing the legislature. We show that a welfare-improving VA systematically emerges in …