المستودع الأكاديمي جامعة المدينة

The political economy of corruption and the role of financial institutions

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dc.creator Boerner, Kira
dc.creator Hainz, Christa
dc.date 2004
dc.date.accessioned 2013-10-16T07:01:59Z
dc.date.available 2013-10-16T07:01:59Z
dc.date.issued 2013-10-16
dc.identifier http://hdl.handle.net/10419/18931
dc.identifier ppn:472779281
dc.identifier.uri http://koha.mediu.edu.my:8181/xmlui/handle/10419/18931
dc.description In transition and developing countries, we observe rather high levels of corruption even if they have democratic political systems. This is surprising from a political economy perspective, as the majority of people generally suffers from 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 voters become part of the corrupt system. Well-functioning financial institutions, in turn, can increase the political support for anti-corruption measures.
dc.language eng
dc.publisher
dc.relation CESifo working papers 1293
dc.rights http://www.econstor.eu/dspace/Nutzungsbedingungen
dc.subject O17
dc.subject D72
dc.subject D73
dc.subject ddc:330
dc.subject corruption
dc.subject financial markets
dc.subject institutions
dc.subject development
dc.subject voting
dc.subject Korruption
dc.subject Public Choice
dc.subject Finanzsektor
dc.subject Theorie
dc.title The political economy of corruption and the role of financial institutions
dc.type doc-type:workingPaper


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