This paper examines the relationship between corruption and public debt in 106 countries. Results suggest that … corruption leads to an increase in public debt. We also investigate if the effect of corruption on pblic debt is increased by … government expenditure, the shadow economy and military expenditure. We find that the effect of corruption on public debt is …

The article investigates the causes, essence, and peculiarities of corruption and the shadow economy, as well as how … between levels of corruption and the shadow economy in all Central and Eastern European countries. However, the degree to … which corruption impacts the variation in the levels of the shadow economy differs significantly in countries across the …

A number of recent studies for Latin America show that as the size of the informal economy grows, corruption is less … corruption, inequality and shadow economies are considerably large. We use Panel Least Square and Fixed Effects Models for Asia … to find that both Corruption Perception Index and ICRG index are sensitive to a number of important macroeconomic …

interface of labor market policies and public economics. Moreover, how rent seeking and corruption within the informal segment … the gap. We identify conditions under which economic reform in the formal segment will increase the rate of corruption or … reforms may increase corruption instead of reducing it, as claimed previously. …