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for Greece, which are novel to the literature, and media reports of zoning corruption scandals for Spain. Adjusting for …The adoption of the euro in 2002 led to an unprecedented supply of cheap mortgage credit in Greece and Spain. The … corruption. The empirical analysis relies on objective measures of zoning corruption at the regional level from 2003 through 2008 …
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institutions, such as enhancing the rule of law and reducing corruption, may not take longer nor be necessarily more difficult than …
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