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

In transition and developing countries, we observe rather high levels of corruption even if they have democratic … high corruption levels. Our model is based on the fact that corrupt offcials have to pay an entry fee to get lucrative … positions. In a probabilistic voting model, we show that a lack of financial institutions can lead to more corruption as more …

This paper presents an analysis of the effect of bureaucratic corruption on economic growth through a public finance …. Corruption takes the form of the embezzlement of public funds, the effect of which is to increase the government's reliance on …

The topic of corruption has recently attracted a great deal of attention, yet there is still a lack of micro level … empirical evidence regarding the determinants of corruption. Furthermore, the present literature has not investigated the … effects of political interest on corruption despite the interesting potential of this link. We address these deficiencies by …

bureaucracy and the people might be made more equal. …

This is a note on corruption and underground economy in a Kaldor-type model of the business cycle. It appears that when …

determinants such as: corruption, regulation and bureaucracy, quality of public and government services, detection probability …

model, measure and investigate this process empirically. This paper tries to fill this gap by putting forward theory and …