We evaluate the impact of real business cycle shocks on corruption and economic policy in a model of entry regulation … in a representative democracy. We .nd that corruption is procyclical and regulation policy is counter-cyclical. Corrupt …

What is the impact of democracy on corruption? In most models, analysts assume a negative relationship, with more … democracy leading to less corruption. But recent theoretical developments and case evidence support an inverted U relationship … between corruption and democracy. By drawing on a panel data set covering a large number of countries between 1996 and 2003 …

An economy is considered where a possibility to seek rents (a particular case of this activity is corruption) exists … with low corruption the direct law enforcement is beneficial for growth, and reduces the shadow setor. However, in the … highly corrupt economy, combating the shadow economy reduces output and increases corruption, while combating corruption …

With complementary Chinese data sets and alternative corruption measures, we explore the consequences of corruption …. Adopting a novel approach we provide evidence that corruption can have both, positive and negative effects, on economic … development. The overall impact of corruption might be the balance of the two simultaneous effects within a specific institutional …

We argue that the decision to bribe bureaucrats depends on the frequency of corruption within a society. We provide a … behavioral model to explain this conduct: engaging in corruption results in a disutility of guilt. This implies that people … observe a lower probability to be involved in corruption if on average the guilt level of others within a country is higher …

The topic of corruption has recently attracted a great deal of attention, yet there is still a lack of micro level … empirical evidence regarding the determinants of corruption. Furthermore, the present literature has not investigated the … effects of political interest on corruption despite the interesting potential of this link. We address these deficiencies by …

We use high-quality panel data on corruption convictions, new panels of assistant U.S. attorneys and relative public … greater prosecutor resources result in more convictions for corruption, other things equal. We find more limited, recent … previously identified correlates and causes of corruption. By explicitly determining the allocation of prosecutorial resources …

With complementary Chinese data sets and alternative corruption measures, we explore the consequences of corruption …. Adopting a novel approach we provide evidence that corruption can have both, positive and negative effects, on economic … development. The overall impact of corruption might be the balance of the two simultaneous effects within a specific institutional …

With complementary Chinese data sets and alternative corruption measures, we explore the consequences of corruption …. Adopting a novel approach we provide evidence that corruption can have both, positive and negative effects, on economic … development. The overall impact of corruption might be the balance of the two simultaneous effects within a specific institutional …