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The political economy of corruption and the role of financial institutions : presented at CESifo Area Conference on Public Sector Economics, May 2004
Boerner, Kira; Hainz, Christa - 2004
In transition and developing countries, we observe rather high levels of corruption even if they have democratic political systems. This is surprising from a political economy perspective, as the majority of people generally suffers from high corruption levels. Our model is based on the fact...
Persistent link: https://www.econbiz.de/10011451286
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The political economy of corruption and the role of financial institutions
Boerner, Kira; Hainz, Christa - 2006
In many developing countries, we observe rather high levels of corruption. This is surprising from a political economy perspective, as the majority of people generally suffers from high corruption levels. We explain why citizens do not exert enough political pressure to reduce corruption if...
Persistent link: https://www.econbiz.de/10010343937
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The political economy of corruption and the role of financial institutions
Börner, Kira Astrid; Hainz, Christa - 2004
In transition and developing countries, we observe rather high levels of corruption even if they have democratic political systems. This is surprising from a political economy perspective, as the majority of people generally suffers from high corruption levels. Our model is based on the fact...
Persistent link: https://www.econbiz.de/10010440455
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Austerity
Ntellas, Charēs; Niepelt, Dirk - 2014
higher growth. Our analysis accommodates costly signaling for gaining credibility and also assigns a novel role to spending …
Persistent link: https://www.econbiz.de/10010468584
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Austerity
Ntellas, Charēs; Niepelt, Dirk - 2014
higher growth. Our analysis accommodates costly signalling for gaining credibility and also assigns a novel role to spending …
Persistent link: https://www.econbiz.de/10010494118
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Austerity
Ntellas, Charēs; Niepelt, Dirk - 2014
sovereign is not a reliable measure of austerity suffered; and that austerity may actually be associated with higher growth. Our …
Persistent link: https://www.econbiz.de/10010463597
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Ageing, government budgets, retirement, and growth
Gonzalez-Eiras, Martín; Niepelt, Dirk - 2011
-capita growth. The OLG model captures direct effects, working through adjustments in the savings rate, labor supply, and capital … politico-economic equilibrium. Growth is driven by capital accumulation and productivity increases fueled by public investment … to demographic ageing and per-capita growth to accelerate. If the retirement age were held constant, the growth rate in …
Persistent link: https://www.econbiz.de/10009300343