Showing 1 - 10 of 35
We study experimentally whether anti-corruption policies with a focus on bribery might be insufficient to uncover more … between a decision-maker and a lobbying party serves as a legal substitute for corruption. Due to the obvious lack of field …
Persistent link: https://www.econbiz.de/10010540487
In this paper we study the influence of economic stability on the level of corruption in a country, where high … exogenous shocks to economic output where politicians can decide about the level of corruption and an election is held within … the framework of a Bayesian game. Corruption is assumed to be harmful to the economy and politicians try to maximize …
Persistent link: https://www.econbiz.de/10005518242
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 …
Persistent link: https://www.econbiz.de/10005518256
This paper deals with the impact of electoral competition on politicians' outside earnings. We propose a simple theoretical model with politicians facing a tradeoff between allocating their time to political effort or to an alternative use generating outside earnings. The model has a testable...
Persistent link: https://www.econbiz.de/10005187286
International organizations promote privatization as precondition for economic development. But is there really too little privatization? This political economy model asks for the incentives of governments to privatize or restructure a state-owned firm. Different government types are compared to...
Persistent link: https://www.econbiz.de/10005187345
We provide causal evidence that German savings banks – where local politicians are by law involved in their management – systematically adjust lending policies in response to local electoral cycles. The different timing of county elections across states and the existence of a control group...
Persistent link: https://www.econbiz.de/10011210864
We formulate a model to explain why the lack of political competition may stifle economic performance and use the United States as a testing ground for the model’s predictions, exploiting the 1965 Voting Rights Act which helped break the near monpoly on political power of the Democrats in...
Persistent link: https://www.econbiz.de/10005187340
Whistle-blowing is seen as a powerful tool in containing corruption, although theoretical findings and experimental … evidence cast doubt on its effectiveness. We expand a standard corruption model by allowing both, briber and official to … initiate corruption actively, in order to assess the full effect of whistle-blowing. In our laboratory experiment we find that …
Persistent link: https://www.econbiz.de/10008852228
The ‘Four-Eyes-Principle’ is considered as one of the most potent measures against corruption although it lacks both … theoretical and empirical justification. We show in a laboratory experiment using a standard corruption game that introducing the …
Persistent link: https://www.econbiz.de/10008852229
In many cultures and industries gifts are given in order to influence the recipient, often at the expense of a third party. Examples include business gifts of firms and lobbyists. In a series of experiments, we show that, even without incentive or informational effects, small gifts strongly...
Persistent link: https://www.econbiz.de/10011210883