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Counter-Cyclical Enforcement of Corporate Law

Aviram, Amitai - 2007

Corporate and securities laws are seen to mitigate corporate fraud by 'manipulating the incentives of agents': presenting corporate agents with a probability of being caught and punished if they commit fraud. This article suggests that the same laws also affect corporate fraud in a significant...

Persistent link: https://www.econbiz.de/10014052348

Insider trading among central bankers : a treatise on temptation and policy choice

Schinke, Michael; Lambsdorff, Johann - 2006

Corruption among central banks induces distorted policies by, first, increasing the inflation bias and, second … bankers with similar preferences, corruption might be tolerated as an instrument of bringing factual policies more in line …

Persistent link: https://www.econbiz.de/10009424461

Cash on trial, mk II : economics, technology and institutions

Birchler, Urs W. (ed., introduction); … - Cash on Trial <Veranstaltung> <2019, Frankfurt am Main>; … - 2019

Persistent link: https://www.econbiz.de/10012112413

On Monetary and Non-Monetary Interventions to Combat Corruption

Banerjee, Ritwik - 2017

-monetary disincentives to corruption. In doing so, we also test the Beckarian prediction that at the same level of expected payoff, a low … probability of detection with high penalty is a stronger deterrent to corruption than a high probability of detection with low …

Persistent link: https://www.econbiz.de/10012960284

On Monetary and Non-Monetary Interventions to Combat Corruption

Banerjee, Ritwik - 2018

corruption, using a harassment bribery game. In doing so, we also test the Beckerian prediction that at the same level of … expected payoff, a low probability of detection with high fine is a stronger deterrent to corruption than a high probability of …

Persistent link: https://www.econbiz.de/10012931515