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We ask whether, as many seem to think, corruption worsens, and judicial accountability improves, inequality, and … investigate this empirically using data from 145 countries 1960.2014. We relate perceived corruption and de facto judicial … accountability to gross-income inequality and consumption inequality. The study shows that corruption is negatively, and that …
Persistent link: https://www.econbiz.de/10012137555
In the 21st century, voter choice and the broader political debate are within the reach of those that can access and channel the vast streams of user data that are generated online. The role of personal user data in digital markets, as well as the use that digital platforms make of that data in...
Persistent link: https://www.econbiz.de/10013311477
This paper investigates how political incentives affect the government's response during a health epidemic, and the subsequent effects on citizens' voting behavior. Leveraging unique newly constructed data, I study this question in the context of the 2014 Ebola outbreak in Liberia. Building a...
Persistent link: https://www.econbiz.de/10012849347
After the global financial crisis, systemic risk regulation has taken center stage. Many consider hedge funds a potential threat to financial stability. Regulating hedge funds, however, is necessarily a transnational challenge because no national government alone can effectively control the...
Persistent link: https://www.econbiz.de/10013141497
The Paris Agreement on Climate Change requests signatory countries to specify voluntary caps on their greenhouse gas emissions. The caps stated by the end of 2021 imply percentage emission reductions that vary widely across countries. This paper uses globally representative data from the Global...
Persistent link: https://www.econbiz.de/10014577458
This paper develops a simple framework to analyze the links between corruption and the unofficial economy and their …
Persistent link: https://www.econbiz.de/10011408719
-shaped or downward-sloping pattern. Corruption may affect this relationship in two distinct ways: by raising pollution at given … corruption on pollution. The indirect effect via income is positive or negative depending on the income level. If negative, the … corruption. Because this relationship is particularly strong at low income levels, developing countries can considerably improve …
Persistent link: https://www.econbiz.de/10011438821
This paper proposes and empirically validates four theories of why legal origin influences growth and welfare through …
Persistent link: https://www.econbiz.de/10011410416
This paper tests whether corruption may act as an efficient grease for the wheels of an otherwise deficient … institutional framework. We analyze the interaction between aggregate efficiency, corruption, and other dimensions of governance for … a panel of 54 developed and developing countries. Using three measures of corruption and five measures of other aspects …
Persistent link: https://www.econbiz.de/10012722556
Corruption is attracting a lot of attention around the world. The paper surveys and discusses issues related to the … causes, consequences, and scope of corruption and possible corrective actions. It emphasizes the costs of corruption in terms … of economic growth. It also emphasizes that the fight against corruption may not be cheap and cannot be independent from …
Persistent link: https://www.econbiz.de/10012782308