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revolving door process involving the 20 biggest US commercial banks. We show that regulators who have created a large stock of …
Persistent link: https://www.econbiz.de/10012057434
The paper investigates the effects of checks and balances on corruption. Within a presidential system, effective … government and elected, rather than appointed, state supreme court judges are associated with lower corruption and, furthermore …
Persistent link: https://www.econbiz.de/10010320920
High-quality data on state-level inequality and incomes, panel data on corruption convictions, and careful attention to … institutional environment the corruptible employee's or official's decision to engage in corruption is affected by relative wages … of inequality, which indicate diminished prospects facing those convicted of corruption. In US states over 25 years we …
Persistent link: https://www.econbiz.de/10010320993
In this paper, we look into the so-called "revolving door of Washington", which is the movement of individuals between federal government positions and jobs in the private sector, and examine its link to long-run stock returns. We find that firms where current public officials become future...
Persistent link: https://www.econbiz.de/10011440132
A government officials' propensity to corruption, or corruptibility, can be affected by his intertemporal preference …
Persistent link: https://www.econbiz.de/10010325607
whistle on corruption. We demonstrate in a simple game-theoretical model how murders can serve as an enforcement mechanism of … through three periods, we find that corruption is strongly related to the incidence of murders on journalists in countries …
Persistent link: https://www.econbiz.de/10010281648
We use high-quality panel data on corruption convictions, new panels of assistant U.S. attorneys and relative public … greater prosecutor resources result in more convictions for corruption, other things equal. We find more limited, recent … previously identified correlates and causes of corruption. By explicitly determining the allocation of prosecutorial resources …
Persistent link: https://www.econbiz.de/10010320997
The purpose of this paper is to analyze the causes and effects of arbitrariness in the peer review process. This paper focuses on two main reasons for the arbitrariness in peer review. The first is that referees are not homogenous and display homophily in their taste and perception of innovative...
Persistent link: https://www.econbiz.de/10012387265
This paper considers the effect of corruption on the effciency of capital investment. Using firm-level level data from …
Persistent link: https://www.econbiz.de/10010319956
This paper investigates whether elite interconnections contribute to unethical behavior. It aims to present a clear explanation of how these connections are established, analyze the presence of unethical conduct within them, and assess their impact on the economy and societal welfare. This paper...
Persistent link: https://www.econbiz.de/10014577244