Sironi, Emiliano; Tornari, Martina - In: International Journal of Monetary Economics and Finance 6 (2013) 2/3, pp. 203-212
This paper verifies whether corruption and political stability affect the level of public expenditure. By using data from 28 European countries over a period of five years (2005-2009) and the corruption perception index drawn from transparency international, we find that higher levels of...
