We argue that in addition to host corruption per se, as accounted for by the existingliterature, an explanation of inter-country variation in FDI needs to account for the distance between the host and home corruption, which we call relative corruption. We use a large matched home-host firm-level...

The paper examines cases in which from a production efficiency standpoint "big bang" programs are superior to gradualist programs. Nevertheless, in the presence of (I) uncertainty about the exogenous shocks, (ii) dependence of policy actions on the state of the economy, and (iii) uncertain...

Using extensive simulations of surface growth in the 2+1 dimensional atomistic model of Edwards and Wilkinson (EW), we have calculated both interfacial width and the structure factor, to extract the dynamic exponent z. In contrast to theoretical expectations, finite-size scaling of the data for...