Up until the 1980s, studies on corruption were dominated by disciplines of public administration and sociology. In the … International Agency, corruption, which has a negative impact on most macroeconomic indicators, is “the abuse of entrusted power for … private gain”. Even though the disruption of corruption causing weak growth and investment rates has long been examined, there …

This paper aims to explain the mitigated causality nexus between corruption and inflation. For that, we apply a panel … vector autoregression model on a large sample of 180 countries over the period 1996-2014. Using two corruption indexes and … subsamples estimations, results provide evidence that the inflation-corruption nexus is bi-directional. The causal effect is more …