The Macroeconomics Of Corruption

Author : Maksym Ivanyna
Publisher : Springer Nature
ISBN 13 : 3030675572
Total Pages : 353 pages
Book Rating : 4.78/5 ( download)

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Download or read book The Macroeconomics of Corruption written by Maksym Ivanyna and published by Springer Nature. This book was released on 2021-04-20 with total page 353 pages. Available in PDF, EPUB and Kindle. Book excerpt: This textbook examines corruption through a macroeconomic lens, exploring the relationship between corruption, fiscal policy, and political economy. It merges macroeconomic growth models with elements of political economic theory to address important applied topics such as income inequality within and across countries, growth slowdowns, and fiscal crises. Revised and updated to include new research findings and recent policy discussions, the second edition contains 15 new sections and 2 new chapters on topics such as public defaults, the wage elasticity of work and the interest elasticity of saving, and the economic and fiscal impact of the 2020 pandemic. Most of the basic ideas are illustrated using a two-period model of government investment that captures the future cost of policies that favor the present. The more subtle and advanced issues are illustrated and, in some cases, quantified, using the overlapping-generations model of economic growth. The models used to illustrate the mechanisms of economic growth are extended to incorporate politics and the behavior of public official. The text concludes with a thorough discussion of policy reforms designed to address the issues discussed in earlier chapters. Intended for students familiar with intermediate-level economics, the second edition contains a technical appendix, expanded end-of-chapter questions and problems, and a complete solutions manual. The second edition also offers updated resources for instructors, including sample syllabi and over 550 multiple choice questions. Offering a unified explanation for the causes and consequences of government failure, fiscal crisis, and needed policy reforms, this text is appropriate for advanced undergraduate and beginning graduate courses in macroeconomics, political economy, and public policy.

Author : Yaron Zelekha
Publisher :
ISBN 13 : 9789657173442
Total Pages : 186 pages
Book Rating : 4.42/5 ( download)

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Download or read book The Macroeconomics of Corruption written by Yaron Zelekha and published by . This book was released on 2013 with total page 186 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Author : Maksym Ivanyna
Publisher : Springer
ISBN 13 : 3319686666
Total Pages : 304 pages
Book Rating : 4.60/5 ( download)

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Download or read book The Macroeconomics of Corruption written by Maksym Ivanyna and published by Springer. This book was released on 2017-11-29 with total page 304 pages. Available in PDF, EPUB and Kindle. Book excerpt: This textbook examines corruption through a macroeconomic lens, exploring the relationship between corruption, fiscal policy, and political economy. The book merges macroeconomic growth models with elements of political economic theory to address important applied topics such as income inequality within and across countries, growth slowdowns, and fiscal crises. Most of the basic ideas are illustrated using a two-period model of government investment that captures the future cost of policies that favor the present (Chapters 2-3). The more subtle and advanced issues are illustrated and, in some cases, quantified, using the overlapping-generations model of economic growth (Chapters 4-6). The models used to illustrate the mechanisms of economic growth are extended to incorporate politics and the behavior of public officials (Chapters 3, 5-7). The text concludes with a thorough discussion of policy reforms designed to address the issues discussed in earlier chapters. Intended for students familiar with intermediate-level economics, the book contains a technical appendix, including detailed explanations of each model, end-of-chapter questions and problems, and a complete solutions manual, making it ideal for self-study. Offering a unified explanation for the causes and consequences of government failure, fiscal crisis, and the needed policy reforms, this text is appropriate for advanced undergraduate and beginning graduate courses in macroeconomics, political economy, and public policy.

Author : Sandile Hlatshwayo
Publisher : International Monetary Fund
ISBN 13 : 148437309X
Total Pages : 72 pages
Book Rating : 4.95/5 ( download)

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Download or read book The Measurement and Macro-Relevance of Corruption: A Big Data Approach written by Sandile Hlatshwayo and published by International Monetary Fund. This book was released on 2018-08-31 with total page 72 pages. Available in PDF, EPUB and Kindle. Book excerpt: Corruption is macro-relevant for many countries, but is often hidden, making measurement of it—and its effects—inherently difficult. Existing indicators suffer from several weaknesses, including a lack of time variation due to the sticky nature of perception-based measures, reliance on a limited pool of experts, and an inability to distinguish between corruption and institutional capacity gaps. This paper attempts to address these limitations by leveraging news media coverage of corruption. We contribute to the literature by constructing the first big data, cross-country news flow indices of corruption (NIC) and anti-corruption (anti-NIC) by running country-specific search algorithms over more than 665 million international news articles. These indices correlate well with existing measures of corruption but offer additional richness in their time-series variation. Drawing on theory from the corporate finance and behavioral economics literature, we also test to what extent news about corruption and anti-corruption efforts affects economic agents’ assessments of corruption and, in turn, economic outcomes. We find that NIC shocks appear to negatively impact both financial (e.g., stock market returns and yield spreads) and real variables (e.g., growth), albeit with some country heterogeneity. On average, NIC shocks lower real per capita GDP growth by 3 percentage points over a two-year period, illustrating persistence in the effect of such shocks. Conversely, there is suggestive evidence that anti-NIC efforts appear to have a sustained positive macro impact only when paired with meaningful institutional strengthening, proxied by capacity development efforts.

Author : Flavio M. Menezes
Publisher :
ISBN 13 :
Total Pages : 26 pages
Book Rating : 4.46/5 ( download)

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Download or read book The Macroeconomics of Corruption written by Flavio M. Menezes and published by . This book was released on 2000 with total page 26 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Author : J. Kornai
Publisher : Springer
ISBN 13 : 0230242170
Total Pages : 265 pages
Book Rating : 4.73/5 ( download)

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Download or read book Corruption, Development and Institutional Design written by J. Kornai and published by Springer. This book was released on 2009-02-25 with total page 265 pages. Available in PDF, EPUB and Kindle. Book excerpt: With the aim of providing a comprehensive analysis of institutions, and of the global economy more generally, this volume explores systems of institutions and the effect of corruption, developments in behavioural economics, the impact of immigration, and the links between democratic progress and economic growth.

Author : Mr.Sanjeev Gupta
Publisher : International Monetary Fund
ISBN 13 : 9781589061163
Total Pages : 580 pages
Book Rating : 4.60/5 ( download)

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Download or read book Governance, Corruption, and Economic Performance written by Mr.Sanjeev Gupta and published by International Monetary Fund. This book was released on 2002-09-24 with total page 580 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume presents 18 IMF research studies on the causes and consequences of corruption, as well as how it can most effectively be combated to improve governance, increase economic growth, and reduce poverty. The authors examine how civil service wages affect corruption, the impact of natural resource availability on corruption, the impact of corruption on a country’s income distribution and incidence of poverty, and the effect of corruption on government expenditures on health and education.

Author : Edward L. Glaeser
Publisher : University of Chicago Press
ISBN 13 : 0226299597
Total Pages : 398 pages
Book Rating : 4.94/5 ( download)

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Download or read book Corruption and Reform written by Edward L. Glaeser and published by University of Chicago Press. This book was released on 2007-11-01 with total page 398 pages. Available in PDF, EPUB and Kindle. Book excerpt: Despite recent corporate scandals, the United States is among the world’s least corrupt nations. But in the nineteenth century, the degree of fraud and corruption in America approached that of today’s most corrupt developing nations, as municipal governments and robber barons alike found new ways to steal from taxpayers and swindle investors. In Corruption and Reform, contributors explore this shadowy period of United States history in search of better methods to fight corruption worldwide today. Contributors to this volume address the measurement and consequences of fraud and corruption and the forces that ultimately led to their decline within the United States. They show that various approaches to reducing corruption have met with success, such as deregulation, particularly “free banking,” in the 1830s. In the 1930s, corruption was kept in check when new federal bureaucracies replaced local administrations in doling out relief. Another deterrent to corruption was the independent press, which kept a watchful eye over government and business. These and other facets of American history analyzed in this volume make it indispensable as background for anyone interested in corruption today.

Author : Susan Rose-Ackerman
Publisher : Cambridge University Press
ISBN 13 : 1107081203
Total Pages : 643 pages
Book Rating : 4.08/5 ( download)

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Download or read book Corruption and Government written by Susan Rose-Ackerman and published by Cambridge University Press. This book was released on 2016-03-07 with total page 643 pages. Available in PDF, EPUB and Kindle. Book excerpt: This new edition of a 1999 classic shows how institutionalized corruption can be fought through sophisticated political-economic reform.

Author : Mr.Vito Tanzi
Publisher : International Monetary Fund
ISBN 13 : 1451852207
Total Pages : 23 pages
Book Rating : 4.02/5 ( download)

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Download or read book Corruption, Governmental Activities, and Markets written by Mr.Vito Tanzi and published by International Monetary Fund. This book was released on 1994-09-01 with total page 23 pages. Available in PDF, EPUB and Kindle. Book excerpt: Paper discusses the factors that contribute to the spread of corruption as well as the implications of corruption for markets and for public sector activities. It is argued that corruption can be contained mainly by a scaling down of the public sector activities that stimulate its growth.