This paper tests whether corruption may act as an efficient grease for the wheels of an otherwise deficient … institutional framework. We analyze the interaction between aggregate efficiency, corruption, and other dimensions of governance for … a panel of 54 developed and developing countries. Using three measures of corruption and five measures of other aspects …

instruments has a bearing on the prevalence of corruption in a country. Our results suggest that the choice of instruments matters … to reduce them. Cheques generally increase corruption, the results with respect to nonpaper credit transfers are mixed …, while direct debits fail to show significant effects on corruption. These findings hold for alternative corruption measures …

whistleblower laws and provisions, focusing on the United States. Placing the analysis within the larger corruption literature, our … results show that greater whistleblower awareness results in more observed corruption and this holds across specifications …. Internet awareness of whistleblower laws appears to be more effective at exposing corruption than the quantity and quality of …

banking industry influence the relation between bribery and firms' bank debt ratios. Higher levels of financial development …

corruption. Adverse interactions between politics, business and law enforcement generate obstacles for the rule of law and remain …

opportunities for corruption and organised crime to flourish. Clear operational independence with accountability is essential for … bodies monitoring and assessing the extent of corruption. This Working Paper relates to the 2013 OECD Economic Survey of …

This paper provides a simple model of corruption dynamics with the ratchet effect. Corrupt officials have ex post the … decrease. We also explore the effect of the official's tenure stability on the extent of corruption. This allows us to identify … circumstances under which the often observed practice of job rotation can help mitigate corruption. …

petty corruption where small amounts of bribes are involved and detection rate is rather low. To abstract from confounding … every period. Independent of the treatments we already find high rates of corruption in very early periods. Risk attitudes … measured with a subsequent lottery-choice experiment do not correlate with the behavior observed in the corruption experiment …