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This paper presents an analysis of the effect of bureaucratic corruption on economic growth through a public finance …. Corruption takes the form of the embezzlement of public funds, the effect of which is to increase the government's reliance on …
Persistent link: https://www.econbiz.de/10010264401
This paper presents an analysis of the effect of bureaucratic corruption on economic growth through a public finance …. Corruption takes the form of the embezzlement of public funds, the effect of which is to increase the government’s reliance on …
Persistent link: https://www.econbiz.de/10005181368
This paper presents an analysis of the effect of bureaucratic corruption on economic growth through a public finance …. Corruption takes the form of the embezzlement of public funds, the effect of which is to increase the government's reliance on …
Persistent link: https://www.econbiz.de/10013316495
We study the relationship between the underground economy and financial development in a model of tax evasion and bank intermediation. Agents with heterogeneous skills seek loans in order to undertake risky investment projects. Asymmetric information between borrowers and lenders implies a menu...
Persistent link: https://www.econbiz.de/10010573072
compromised by corruption. The analysis is based on a dynamic general equilibrium model in which growth is driven by capital … accumulation and public policy is administered by government-appointed bureaucrats. Corruption may arise due to the opportunity for … may be summarised as follows: (1) corruption impedes economic development and compromises the effectiveness of aid …
Persistent link: https://www.econbiz.de/10009147113
compromised by corruption. The analysis is based on a dynamic general equilibrium model in which growth is driven by capital … accumulation and public policy is administered by government-appointed bureaucrats. Corruption may arise due to the opportunity for … may be summarized as follows: (1) corruption impedes economic development and compromises the effectiveness of aid …
Persistent link: https://www.econbiz.de/10009391446
Purpose – The purpose of this paper is to present an analysis of the joint determination of bureaucratic corruption and … employed as agents of the government to collect taxes from households. Findings – Corruption is reflected in bribery and tax …
Persistent link: https://www.econbiz.de/10008675238
We present a model in which the embezzlement of tax revenues by public officials leads the government to rely more on seigniorage to finance its expenditures. This raises inflation which depresses investment and growth via a cash-in-advance constraint.
Persistent link: https://www.econbiz.de/10010572238
compromised by corruption. Our analysis is based on a dynamic general equilibrium model of a small economy in which growth is … driven by capital accumulation and public policy is administered by government appointed bureaucrats. Corruption may arise …) corruption is always bad for economic development, but its effect is worse if the economy is open than if it is closed; (2) the …
Persistent link: https://www.econbiz.de/10010273899
This paper presents an analysis of bureaucratic corruption, income inequality and economic development. The analysis is … redistributive programme of taxes and subsidies designed to benefit the poor. Corruption is reflected in bribery and tax evasion as … model predicts a positive relationship between corruption and inequality, and a negative relationship between corruption and …
Persistent link: https://www.econbiz.de/10010295968