have smaller welfare-state programs and less corruption. Other results present puzzles for future research: the adjustment …

level of corruption and the preferences of capital suppliers explain a significant portion of the variation in leverage and …

countries with higher corruption norms, lower government control and effectiveness. Predictions of the level of counterfeiting …

In this paper, we provide a new framework for analyzing corruption in public bureaucracies. The standard way to model … corruption is as an example of moral hazard, which then leads to a focus on better monitoring and stricter penalties with the … eradication of corruption as the final goal. We propose an alternative approach which emphasizes why corruption arises in the …

In this paper we analyze the link between corruption money laundering and round-trip investment via offshore … the conclusion that there is a strong link between round-trip investment and corruption money laundering …

This paper utilizes a micro-level data set from 49 countries to address three issues: What determines corruption at the … individual level? What determines the perception of the extent of corruption in the country? Does corruption have a direct impact … corruption which portrays the extent of corruption as revealed byindividuals who live in those countries. The results show that …

Is corruption systematically related to electoral rules? A number of studies have tried to uncover economic and social … determinants of corruption but, as far as we know, nobody has yet empirically investigated how electoral systems ináuence … corruption. We try to address this lacuna in the literature, by relating corruption to dierent features of the electoral system …

threats, corruption, and other relevant controls. While growth falls with higher levels of military spending, given the values …

Corruption and imperfect contract enforcement dramatically reduce trade. This paper estimates the reduction, using a …