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This paper examines the relationship between corruption and public debt in 106 countries. Results suggest that … corruption leads to an increase in public debt. We also investigate if the effect of corruption on pblic debt is increased by … government expenditure, the shadow economy and military expenditure. We find that the effect of corruption on public debt is …
Persistent link: https://www.econbiz.de/10010208991
We present a model of wage contract violation that implies a possibility of multiple equilibria in the level of arrears. Positive feedback arises because each employer's arrears affect the costs of late payment faced by other employers operating in the same labor market, resulting in a network...
Persistent link: https://www.econbiz.de/10010262404
Entrepreneurship is usually indentified as an important determinant of aggregate productivity and long-term growth. The determinants of entrepreneurship, nevertheless, are not entirely understood. A recent literature has linked entrepreneurship to the development of the justice system. This...
Persistent link: https://www.econbiz.de/10011807415
We present a model of wage contract violation that implies a possibility of multiple equilibria in the level of arrears. Positive feedback arises because each employer's arrears affect the costs of late payment faced by other employers operating in the same labor market, resulting in a network...
Persistent link: https://www.econbiz.de/10011339102
A number of recent studies for Latin America show that as the size of the informal economy grows, corruption is less … corruption, inequality and shadow economies are considerably large. We use Panel Least Square and Fixed Effects Models for Asia … to find that both Corruption Perception Index and ICRG index are sensitive to a number of important macroeconomic …
Persistent link: https://www.econbiz.de/10010291305
A number of recent studies for Latin America show that as the size of the informal economy grows, corruption is less … corruption, inequality and shadow economies are considerably large. We use Panel Least Square and Fixed Effects Models for Asia … to find that both "Corruption Perception Index" and "ICRG" index are sensitive to a number of important macroeconomic …
Persistent link: https://www.econbiz.de/10009683262
A number of recent studies for Latin America show that as the size of the informal economy grows, corruption is less … corruption, inequality and shadow economies are considerably large. We use Panel Least Square and Fixed Effects Models for Asia … to find that both 'Corruption Perception Index' and 'ICRG' index are sensitive to a number of important macroeconomic …
Persistent link: https://www.econbiz.de/10013088661
at favoring universalism may provide an effective tool in the fight against corruption …
Persistent link: https://www.econbiz.de/10013027347
We present a model of neighborhood effects in wage payment delays. Positive feedback arises because each employer?s arrears affect the late payment costs faced by other firms in the same local labor market, resulting in a strategic complementarity in the practice. The model is estimated on panel...
Persistent link: https://www.econbiz.de/10010261947
In this paper the financial means of international (mostly Islamistic) terror organizations are analysed. First, some short remarks about the organization of international terror organizations are made. Second and in a much more detailed way a literature review is provided about the financing of...
Persistent link: https://www.econbiz.de/10010276713