Adequate wages are an important tool to shield public officials from special interests and corruption. But what is the …-paid officials' lower likelihood of catering to criminal interests. In particular, we show that better-paid politicians are … significantly more likely to prevent corruption in public procurement, a key area of illicit interactions between the state and …

lead to equilibria, where politicians receive corruption bribes. Furthermore, the model implies a non … politicians. Two political frictions (ideological adherence and a super- majority requirement) impair political competition and …-monotonic relationship between financial openness and corruption and a positive relationship between financial openness and government size …

In this paper we present and test a theory of how political corruption, found in many transition and emerging market … institutions that do not punish political corruption result in political connectedness of firms that in turn has a negative effect …