This paper examines whether corruption can be an efficiency enhancing adaptation to poor institutional environments …. Prior research on this question has not taken into account the heterogeneity of corruption or the possibility that petty … bureaucratic corruption in the form of bribery may grease the wheels of an economy at the same time that grand political corruption …

The relationship between corruption and economic development is characterised by three stylised facts: (i) a strong … negative correlation between corruption and development (ii) countries can remain trapped in high corruption-low development or … low corruption-high development equilibria (iii) amongst intermediate levels of development corruption levels are more …

hypothesize that corruption matters in this nexus. Using panel data covering the period of 2002–2012 for more than 150 countries … total working age population (15-64 years old) and corruption on political stability. This finding is robust, controlling … between corruption and the youth population remains robust when we control for the persistency of political stability and the …

This study shows that the relative size of the youth bulge matters for how corruption affects the internal stability of … a political system. We argue that corruption cannot buy political stability (e.g., the greasing hypothesis) in countries … find a negative interaction effect between the relative size of the youth population and corruption on internal political …

hypothesize that corruption matters in this nexus. Using panel data covering the period of 2002 - 2012 for more than 150 countries … total working age population (15 - 64 years old) and corruption on political stability. This finding is robust, controlling … between corruption and the youth population remains robust when we control for the persistency of political stability and the …

variables. This study draws on conflict variables from the Correlates of War (COW) project to ask a critical question: How do … different types of conflict affect country growth rates? It finds that wars slow the economy. Estimates indicate that civil war … reduces annual growth by .01 to .13 percentage points, and high-intensity interstate conflict reduces annual growth by .18 to …

Modern economics has largely ignored the issue of outright conflict as an alternative way of allocating goods, assuming … peaceful market transactions, conflict exists as an outside option, sometimes constraining the outcomes reached through … voluntary agreement. In this volume, economists offer a crucial rational-choice perspective on conflict, using methodological …

resource-richest and most unequal countries in the world - Russia. While previous literature produced contradictory findings … income but increased the income share from unidentified sources traditionally associated with corruption. These effects of …

the enforcer in conflict increases the group probability of winning only if the prize valuation of the enforcer is lower … which have been shown to form together with conflict and inequality endogenously; otherwise, this occurs with non corrupt …

This study shows that the relative size of the youth bulge matters for how corruption affects the internal stability of … a political system. We argue that corruption cannot buy political stability (e.g., the greasing hypothesis) in countries … find a negative interaction effect between the relative size of the youth population and corruption on internal political …