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

The paper explores a game-theoreticmodel of petty corruption involving a sequence of entrepreneurs and a track of …

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 …

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 officials 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 …

Does the disclosure of information about corrupt activities induce a sustained reduction in corruption? We use … longitudinal data on audits of municipal governments in Puerto Rico to answer this question. We find that corruption is lower in … municipalities audited before an election. However, these municipalities do not exhibit decreased levels of corruption in subsequent …

In many developing countries, we observe rather high levels of corruption. This is surprising from a political economy … perspective, as the majority of people generally suffers from high corruption levels. We explain why citizens do not exert enough … political pressure to reduce corruption if financial institutions are missing. Our model is based on the fact that corrupt …

Higher education corruption is an emerging sub-field of research that has yet to develop its terminological apparatus … other well-established fields, such as microeconomics, organizational theory, political economy, education policy, and … sociology. Accordingly, most of the terminology of higher education corruption is not unique fundamentally but derived from …

risk, such as corruption, negatively impacts innovation by reducing R&D expenditure, human capital in R&D, number of …