In an experiment using two-bidder first-price sealed bid auctions with symmetric independent private values, we …

This paper demonstrates the effect of country level corruption on illicit behavior of individuals in a foreign country … States from corruption-ridden countries are more likely to be apprehended than individuals from less corrupt countries are. …

techniques highlight the home country's social ills such as corruption, theft and homicide as key determinants. Also included in … host country. These results suggest that chronic socio-economic problems such as corruption, crimes, and poverty in the …

The paper investigates the effects of checks and balances on corruption. Within a presidential system, effective … government and elected, rather than appointed, state supreme court judges are associated with lower corruption and, furthermore …

High-quality data on state-level inequality and incomes, panel data on corruption convictions, and careful attention to … institutional environment the corruptible employee's or official's decision to engage in corruption is affected by relative wages … of inequality, which indicate diminished prospects facing those convicted of corruption. In US states over 25 years we …

confidential IRS audit data, we show that corporations with owners from countries with higher corruption norms engage in higher … owners are from countries with higher corruption norms. This suggests that cultural norms can be a challenge to legal …

High-quality data on state-level inequality and incomes, panel data on corruption convictions, and careful attention to … institutional environment the corruptible employee's or official's decision to engage in corruption is affected by relative wages … of inequality, which indicate diminished prospects facing those convicted of corruption. In US states over 25 years we …

Using a conviction-based measure, we find that local (state-level) public corruption exerts a negative effect on the … lending activity of US banks. Our baseline estimations show that the difference in public corruption between, e.g., Alabama …, where corruption is high, and Minnesota, where corruption is low, implies that banks headquartered in the former state grant …