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This paper provides a simple model of corruption dynamics with the ratchet effect. Corrupt officials have ex post the … decrease. We also explore the effect of the official's tenure stability on the extent of corruption. This allows us to identify … circumstances under which the often observed practice of job rotation can help mitigate corruption. …
Persistent link: https://www.econbiz.de/10010507022
This paper provides a simple model of corruption dynamics with the ratchet effect. As in Shleifer and Vishny [1993], we … consider the sale of government property (entry permit) by government officials as the prototype of corruption activities. In a … also explore the effect of the official's tenure stability on the extent of corruption. This allows us to identify …
Persistent link: https://www.econbiz.de/10009781612
This paper provides a simple model of corruption dynamics with the ratchet effect. As in Shleifer and Vishny [1993], we … consider the sale of government property (entry permit) by government officials as the prototype of corruption activities. In a … also explore the effect of the official?s tenure stability on the extent of corruption. This allows us to identify …
Persistent link: https://www.econbiz.de/10013321187
This paper provides a simple model of repeated extortion. In particular, we ask whether corrupt government officials' ex post opportunism to demand more once entrepreneurs have made sunk investments entails further distortion in resource allocations. We show that the inability of government...
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