effect is strengthened in countries with lower level of public sector corruption and better functioning legal systems …

played a significant role in history, especially in classical Greece and the medieval city-states of Italy. We examine the … corruption and decrease the large expenses associated with today's democratic election campaigns. Random mechanisms can be …

In transition and developing countries, we observe rather high levels of corruption even if they have democratic … high corruption levels. Our model is based on the fact that corrupt offcials have to pay an entry fee to get lucrative … positions. In a probabilistic voting model, we show that a lack of financial institutions can lead to more corruption as more …

Two major earthquakes which struck northwestern Turkey in 1999 exposed rampant corruption involving construction and … zoning code violations. The government's relief efforts were tainted by corruption as well, and exhibited a great deal of … parties were responsible for the construction of the shoddy buildings, and for the corruption and mismanagement related to …

of offshore entities as an indicator of corruption risk. We find that the number of new shell companies increases by 11 … the award of an exploration licence increases the risk of corruption. Consistent with rent-maximising behaviour, this … association is stronger when the price of oil increases. Our work informs the fight against corruption, proposing greater …

We study how policies limiting the spending capacity of local governments may reduce corruption. We exploit the … both recorded corruption rates and corruption charges per euro spent. This effect emerges only in areas in which the DSP … put a binding cap on municipal capital expenditures. The reduction in corruption is linked to accountability incentives as …

Potential economic benefits of integrity and anti-corruption policies seem large. Nevertheless, much of the existing … paper reviews OECD’s involvement in integrity and anti-corruption agenda as well as available indicators of integrity and … anti-corruption policies and outcomes. It outlines avenues for future analysis that include assessment of public …

The aim of this paper is to study the effect of local corruption on political participation which is mediated by the … press. Focusing on Italy, we generate a daily measure of exposition to local corruption screening articles of main Italian … press agency. Applying an event-study methodology on local elections, two results emerge. First, corruption exposition …