Corruption, particularly political or quot;grandquot; corruption, distorts the entire decision-making process connected … presented shows that higher corruption is associated with (i) higher public investment; (ii) lower government revenues; (iii … that corruption increases public investment while reducing its productivity. These are five channels through which …

The paper uses a new country-level, panel data set to study the effect of public sector wages on corruption. The … results show that wage inequality in the public sector is an important determinant of the effectiveness of anti-corruption … policies. Increasing the wages of public officials could help reduce corruption in countries with low public sector wage …

In this study we analyze the effects of corruption on income inequality and poverty. Our analysis advances the existing … literature in four ways. First, instead of using corruption indices assembled by various investment risk services, we use an … objective measure of corruption: the number of public officials convicted in a state for crimes related to corruption. Second …

In this study we analyze the effects of corruption on income inequality and poverty. Our analysis advances the existing … literature in four ways. First, instead of using corruption indices assembled by various investment risk services, we use an … objective measure of corruption: the number of public officials convicted in a state for crimes related to corruption. Second …

, ultimately, economic growth (at the macro-level). These two opposing hypotheses on the role corruption plays in countries with … instruments such as industry-location averages of corruption to deal with endogeneity, and drawing on unique contextual … officials. This study finds initial evidence that corruption greases the wheels of commerce for Philippine SMEs, particularly in …