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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
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
We explore the exercise of power in perpetuating status quo institutions. We give empirical examples of the economic …
Persistent link: https://www.econbiz.de/10011527337
Collusive agreements in the form of cartels among firms are complex structures. The involved firms need to agree on prices and sales quotas that are legally not enforceable. Market characteristics that foster cartels’ failure or success are widely examined. However, the interplay between the...
Persistent link: https://www.econbiz.de/10014481223
The topic of corruption has recently attracted a great deal of attention, yet there is still a lack of micro level … empirical evidence regarding the determinants of corruption. Furthermore, the present literature has not investigated the … effects of political interest on corruption despite the interesting potential of this link. We address these deficiencies by …
Persistent link: https://www.econbiz.de/10010270948
Does the disclosure of information about corrupt activities induce a sustained reduction in corruption? We use … longitudinal data on audits of municipal governments in Puerto Rico to answer this question. We find that corruption is lower in … municipalities audited before an election. However, these municipalities do not exhibit decreased levels of corruption in subsequent …
Persistent link: https://www.econbiz.de/10009707881
Harassment bribes - payments people give in order not to be denied what they are legally entitled to - are common in … conclude discussing the implications for the fight of more harmful forms of corruption …
Persistent link: https://www.econbiz.de/10013113197
This paper examines the issue of controlling fiscal corruption by providing incentives to fiscal officers. First, a … case study of a successful attack on corruption is presented that shows the importance of attending to the conditions of … consistency with optimization behavior. It confirms that simply providing bonuses is not enough. Corruption at higher levels of …
Persistent link: https://www.econbiz.de/10012782215
at favoring universalism may provide an effective tool in the fight against corruption …
Persistent link: https://www.econbiz.de/10013027347
The topic of corruption has recently attracted a great deal of attention, yet there is still a lack of micro level … empirical evidence regarding the determinants of corruption. Furthermore, the present literature has not investigated the … effects of political interest on corruption despite the interesting potential of this link. We address these deficiencies by …
Persistent link: https://www.econbiz.de/10014218196