This is a note on corruption and underground economy in a Kaldor-type model of the business cycle. It appears that when …

This paper analyzes the influence of the shadow economy on corruption and vice versa. We hypothesize that corruption … that the shadow economy reduces corruption in high income countries, but increases corruption in low income countries. We … also find that stricter regulations increase both corruption and the shadow economy. -- corruption ; shadow economy …

The paper explores a game-theoreticmodel of petty corruption involving a sequence of entrepreneurs and a track of … assumptions on the structure of the game. -- corruption ; repeated games ; hold up ; extortion ; capture …

This is a note on corruption and underground economy in a Kaldor-type model of the business cycle. It appears that when …

This paper analyzes the influence of the shadow economy on corruption and vice versa. We hypothesize that corruption … that the shadow economy reduces corruption in high income countries, but increases corruption in low income countries. We … also find that stricter regulations increase both corruption and the shadow economy. -- corruption ; shadow economy …

In transition and developing countries, we observe rather high levels of corruption even if they have democratic … high corruption levels. Our model is based on the fact that corrupt offcials have to pay an entry fee to get lucrative … positions. In a probabilistic voting model, we show that a lack of financial institutions can lead to more corruption as more …

conclude discussing the implications for the fight of more harmful forms of corruption …

The paper investigates how efficiency of business environment and corruption (informal payments and state capture … corruption activities at the firm-level and firm ownership. We find somehow surprising results that private firms (domestic and … foreign owned firms that are involved in informal payments are likely to benefit from these corruption practices. On the other …