We investigate the relationship between corruption and political stability, from both theoretical and empirical …-shaped relationship between total corruption and stability. On the empirical side, we find a robust U-shaped pattern between country … indices of corruption perception and various measures of incumbent stability, including historically-observed average tenures …

public life. Cheaper plomo and more resources subject to official discretion are associated with more frequent corruption and … cheaper plata can lower the ability of public officials. Protecting officials from accusations of corruption (immunity) will … decrease the frequency of corruption and may increase the quality of politicians if the judiciary is weak. These predictions …

show why corruption is a problem of the state rather than the market …