This paper evaluates the extent of regulation in a democracy with political corruption. Elected politicians can …-perfect equilibria of the resulting game, and demonstrate that voters agree to tolerate some corruption and inefficient regulation in … political equilibrium. Efficient policies can be promoted by productivity growth. Political corruption entails excessive …

It has been argued that greater transparency is needed to reduce corruption. One way of increasing transparency is … experiment to determine their effect on corruption. Using a sample of democratic countries and two different corruption indices …, I find that countries that adopted FOI laws saw an increase in corruption. Results are robust throughout different …

Corruption scandals seem to abound in countries that have recently undergone reform. Despite the proliferation of …—actually causes an increase in corruption. Theory provides no guidance as to the direction of causality—on the one hand, reforms make … politicians accountable to voters, as well as introduce more competition, which should decrease corruption. On the other hand, the …

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 …

Essential characteristics of corruption are (1) a reciprocity relationship between briber and public official, (2 … negative externalities have no apparent effect. The penalty threat significantly reduces corruption, although discovery …

This paper aims to study corruption as an epidemic phenomenon using the epidemic diffusion model of Kermack and Mc …-Kendrick (1927). We seek to determine the dynamics of corruption and its impact on the composition of the population at a given time …. We determine a threshold epidemiological corruption based on the approximation of the honest population. …

This paper aims to study corruption as an epidemic phenomenon using the epidemic diffusion model of Kermack and Mc …-Kendrick (1927). We seek to determine the dynamics of corruption and its impact on the composition of the population at a given time …. We determine a threshold epidemiological corruption based on the approximation of the honest population. …