corruption. We exploit the extension of one such policy, the Domestic Stability Pact (DSP), to Italian municipalities with less … extension of the DSP led to a substantial decrease in recorded corruption rates. This effect emerges only in areas in which the … naturally prone to corruptive phenomena. We also show that i) the reduction in corruption is linked to accountability incentives …

corruption. We exploit the extension of one such policy, the Domestic Stability Pact (DSP), to Italian municipalities with less … extension of the DSP led to a substantial decrease in recorded corruption rates. This effect emerges only in areas in which the … naturally prone to corruptive phenomena. We also show that i) the reduction in corruption is linked to accountability incentives …

We study how policies limiting the spending capacity of local governments may reduce corruption. We exploit the … both recorded corruption rates and corruption charges per euro spent. This effect emerges only in areas in which the DSP … put a binding cap on municipal capital expenditures. The reduction in corruption is linked to accountability incentives as …

Corruption is often a source of contentious debate, covering different areas of knowledge, such as philosophy and … sociology. In this paper we assess the effects of corruption on economic activity and highlight the relevance of the size of the … 2019. We find an adverse effect of corruption on the level and growth of GDP per capita, but that large governments benefit …