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This analysis investigates a political corruption model that builds on previous literature on corruption in hierarchies …. Our study enriches the literature on political corruption emphasizing the contrasting role of the minorities having a … involved into the illicit activity and, eventually, spread the corruption disease. …
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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 …
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