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We analyse policy makers' incentives to fight corruption under different institutional qualities. We find that 'public … officials', even when non-corrupt, significantly distort anti-corruption institutions by choosing a lower detection probability … legal equality can be considered worse in reducing corruption. Finally, corruption is significantly lower when the detection …
Persistent link: https://www.econbiz.de/10011517268
Official A at almost all individual detection levels. This 'legitimacy' effect may help explain why anti-corruption policies …
Persistent link: https://www.econbiz.de/10011568192
This paper develops a simple framework to analyze the links between corruption and the unofficial economy and their …
Persistent link: https://www.econbiz.de/10010506202
We find that new states are perceived to be more corrupt even though businesses do not report more bribery in newer states. This is suggestive of an unearned, and likely high, reputational cost to being a new state. These findings hold over a number of specifications that include additional...
Persistent link: https://www.econbiz.de/10011736789
This paper develops a simple framework to analyze the links between corruption and the unofficial economy and their …
Persistent link: https://www.econbiz.de/10011408719
This paper provides a simple model of repeated extortion. In particular, we ask whether corrupt government officials' ex post opportunism to demand more once entrepreneurs have made sunk investments entails further distortion in resource allocations. We show that the inability of government...
Persistent link: https://www.econbiz.de/10010507749
Recent years have seen a significant focus in the literature on growth and development on the idea that legal and political institutions are the key determinant of economic development. The main finding of this paper is that the focus on the primacy of legal and political institutions may be...
Persistent link: https://www.econbiz.de/10009729657
Persistent link: https://www.econbiz.de/10011478357
This paper provides a simple model of corruption dynamics with the ratchet effect. As in Shleifer and Vishny [1993], we … consider the sale of government property (entry permit) by government officials as the prototype of corruption activities. In a … also explore the effect of the official's tenure stability on the extent of corruption. This allows us to identify …
Persistent link: https://www.econbiz.de/10009781612
Experimental studies have shown that deterrence (monitoring and punishment) can be an effective anti-corruption policy …
Persistent link: https://www.econbiz.de/10011647621