Both theoretical and empirical studies have shown that democracy and corruption have substantial influence on … environmental policy. In this paper, we empirically analyse whether both democracy and corruption are equally important determinants …. When these variables are jointly included as explanatory variables, we find that corruption stands out as an important …

This paper empirically analyzes the joint impact of democracy and press freedom on corruption. Based in the theoretical … literature, we argue that both institutional features are complements rather than substitutes in controlling corruption. Our … 175 countries from 1996 to 2010. The results show that democratic elections only work in controlling corruption, if there …

The paper explores a game-theoreticmodel of petty corruption involving a sequence of entrepreneurs and a track of …

We address the impact of corruption in a developing economy in the context of an empirically relevant hold-up problem …'s bureaucracy, which can be centralized or decentralized, and characterize the 'corruptibility' of bureaucrats in each case. Results …

The paper analyzes the relation between institutional quality, such as corruption, in a country and its monetary regime …. It is shown that a credibly fixed exchange rate to a low inflation country, like a currency board, can reduce corruption … countries with regard to the level of corruption. …

and engage in local corruption to avoid punishment. When law enforcers are sufficiently well-paid, difficult to bribe and … corruption detection highly probable, we show that increasing policing or sanctions effectively deters crime. However, when … punishment induce organized crime to corruption, and ensuing impunity leads too higher rather than lower crime. …