This paper empirically investigates market behavior and firms' lobbying in a unified structural setup. In a sequential … game, where firms lobby for regulation before they compete in the product market, we derive a testable measure of lobbying … coordination. Applying the setting to the early U.S. cellular services industry, we find that lobbying expenditures, as measured by …

correlates with perceptions of corruption. We find judicial independence to be of major relevance for a tamed bureaucracy …The monopoly position of the public bureaucracy in providing public services allows government employees to acquire … extent of rents in the public bureaucracy. The extent of rents is determined by differences in institutional constraints and …

Corruption is thought to prevent poor countries from catching-up. We analyze one channel through which corruption …-seeking. At equilibrium, the intensity of corruption and the structure of public investment are determined by the predatory … without corruption in which there is no effective corruption yet still the possibility of corruption distorts the allocation …

correlates with perceptions of corruption. We find judicial independence to be of major relevance for a tame bureaucracy …The monopoly position of the public bureaucracy in providing public services allows government employees to acquire … extent of rents in the public bureaucracy. The extent of rents is determined by differences in institutional constraints and …

The majority of theoretical and empirical studies on the relationship between decentralization and corruption argues … that the devolution of power might be a feasible instrument to keep corruption at bay. We argue that this result crucially … data, we analyze the relationship between decentralization and corruption taking different degrees of the freedom of the …

The majority of theoretical and empirical studies on the relationship between decentralization and corruption argues … that the devolution of power might be a feasible instrument to keep corruption at bay. We argue that this result crucially …-country data, we analyze the relationship between decentralization and corruption taking different degrees of the freedom of the …

The majority of theoretical and empirical studies on the relationship between decentralization and corruption argues … that the devolution of power might be a feasible instrument to keep corruption at bay. We argue that this result crucially …-country data, we analyze the relationship between decentralization and corruption taking different degrees of the freedom of the …