positions. In a probabilistic voting model, we show that a lack of financial institutions can lead to more corruption as more …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 …

the rents from corruption. In a probabilistic voting model, we show that a lack of financial institutions can lead to more … political pressure to reduce corruption if financial institutions are missing. Our model is based on the fact that corrupt …-functioning financial institutions, in turn, can increase the political support for anti-corruption measures. …

positions. In a probabilistic voting model, we show that a lack of financial institutions can lead to more corruption as more …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 officials 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 …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 …

, we show that a lack of financial institutions can lead to more corruption as more voters are part of the corrupt system … on political outcomes. Well-functioning financial institutions, in turn, increase the political support for anti-corruption …In many developing and transition countries, we observe rather high levels of corruption. This is surprising from a …

itself, which performs an anti-corruption task - with the payment of illegal contributions, and provide general conditions …

This paper argues that corruption patterns are endogenous to political structures. Thus, corruption can be systemic and … revolution by creating a system of patronage and loyalty through corrupt bureaucracy. Competitive corruption patterns are … associated with anarchy and weak dictators, while strong dictators implement a system of monopolistic corruption. Efforts at …

The paper studies the effect of additional government revenues on political corruption and on the quality of … implications of the theory and identify the causal effect of larger federal transfers on political corruption and the observed … transfers increase political corruption and reduce the quality of candidates for mayor. -- Government spending ; corruption …