corruption, the features of electoral cycles. The paper discusses both theory and evidence, and concludes with some speculations …

We study how policies limiting the spending capacity of local governments may reduce corruption. We exploit the … both recorded corruption rates and corruption charges per euro spent. This effect emerges only in areas in which the DSP … put a binding cap on municipal capital expenditures. The reduction in corruption is linked to accountability incentives as …

The paper analyzes the relation between institutional quality, such as corruption, in a country and its monetary regime …. It is shown that a credibly fixed exchange rate to a low inflation country, like a currency board, can reduce corruption … countries with regard to the level of corruption. -- Exchange rate regime ; monetary policy ; fiscal policy ; seigniorage …

Corruption is the great disease of government. It undermines the efficiency of the public sector in many countries … around the world. We experimentally study civic engagement (CE) as a constraint on corruption when incentives are stacked … against providing CE. We show that CE is powerful in curbing corruption when citizens can encourage each other to provide CE …

corruption where the judicial system is independent, this relationship has more ambiguous effects where the legal system is weak … and susceptible to politicization. These effects remain after controlling for standard determinants of corruption. …

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 …

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 …