This paper concentrates on informal practices, which refer to transactions occurring outside formal institutions and regulations. Bribery fits this definition as it involves the exchange of money or favours outside legal channels to gain an advantage or influence decisions. We analyse bribery in...

While the literature extensively explores the structural enablers of corruption and its adverse effects on economic performance, less is known about how the state of the economy influences corruption and political accountability. To address this gap, we develop a theoretical model in which...

While the literature extensively explores the structural enablers of corruption and its adverse effects on economic performance, less is known about how the state of the economy influences corruption and political accountability. To address this gap, we develop a theoretical model in which...