confirmation of this aspect of natural resources. Waste and corruption from oil rather than Dutch disease has been responsible for … distributing the oil revenues to the public. Even with all the difficulties of corruption and inefficiency that will no doubt …

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 …