We model how corruption erodes state power, that is, the state's ability to keep its apparatus
under control in crises. Under a general assumption about fat-tailed risk of crisis, we show …

We test the proposition that higher initial fiscal capacity of a nation strengthens law and
order, and therefore, inhibit corruption, and in a multiple‐equilibria setting, the economy will …

I draw on Rose-Ackerman and Palifka (2016), D'Agostino et al.(2016), and You (2015) to
illustrate my arguments concerning the institutional economics of public sector reform and its …

This paper explores the effect of state history, measured from 3500 BCE to 2000 CE, on
control of corruption. Using cross-country data, we find that the relationship between the …

A large body of literature exists on the role of institutions in combating corruption and its
influence on economic development. However, there is a paucity of literature on the inter …

We build on existing literature and contemporary challenges to African development to
assess the role of political stability in fighting corruption and boosting corruption-control in …

We provide a formal model illustrating the mutual relationship between corruption and
capital account restrictions. Corrupt countries are more likely to impose capital controls …

In this paper, we study the effects of bureaucratic corruption on inflation, taxation, and
growth. Here corruption takes three forms:(i) it reduces the tax revenues that are raised from …

We use a newly assembled indicator of corruption from Varieties of Democracy (V-Dem) to
examine the effects of corruption on economic growth. The V-Dem indicator is coded for …

Academics and policymakers recognize that there are serious costs associated with
systemic corruption. Stubbornly, many countries or regions remain stuck in a high-corruption …