The literature on economics of corruption is lacking in evidence on consumer responses to identifiable scandals. The …

containing individual responses to questions on crime and corruption along with information on the respondents' characteristics … of corruption while females are of serious crime, older individuals and those living in the smaller towns are less … exposed to crime and corruption, increasing levels of income and education increase the likelihood of crime and bribe …

works to create a possible wedge between a perception-based ranking like the “Corruption Perception Index (CPI) ” and the … axiomatic “absolute costs of corruption”-based ranking of economies with low enforcement against corruption. Design …/methodology/approach – The paper takes into account corruption both at the “high” and “low” levels of bureaucracies, where the bribes are paid …

The paper studies the interplay between corruption and social trust, using data from a lab experiment. Subjects play … negative spillover effect of corruption on trust, but not vice-versa, and the effect increases with a decrease in social …

In this paper, we study the evolution of corruption patterns in 27 post-communist countries during the period 1996 …-2012 using the Control of Corruption Index and the corruption category Markov transition probability matrix. This method allows … us to generate the long-run distribution of corruption among the post-communist countries. Our empirical findings suggest …

by low inflation, robust growth and low level of bureaucratic corruption due to better governance. In contrast, the … corruption, high inflation due partly to reliance on seigniorage to finance public spending, and lacklustre growth. Using annual …

This paper offers a model to study competition and corruption with a principal-agent framework. We provide two key … results on the optimal institutional design. First, in quality-only competition, corruption does no harm to the principal, but … in quality-price competition, corruption negatively a¢´ects the principal. Second, with no corruption, quality …

This paper reassesses how “experience-based” corporate corruption affects stock market volatility in 14 emerging … from the World Bank development indicators. It is found that wider coverage of “realized” corporate corruption in the …

This study adopts a resource perspective to explore a non-linear relationship between corruption and two measures of … of corruption and, supporting the “helping hand” view at high levels of it. In addition, market-seeking motives are found … effects of corruption on FDI. …