On the cyclical properties of corruptions and turnover

In this paper I study the relation between political corruption and turnover, on the one hand, and the business cycle, on the other. As a rst step in this direction, I propose a particular channel (the "golden goose eect", as Niehaus and Sukhatankar (2013) call it) through which the amount...

Descripción completa

Guardado en:
Detalles Bibliográficos
Autor principal: Espinosa, Francisco J.
Otros Autores: Universidad Torcuato Di Tella
Formato: Tesis de maestría acceptedVersion
Lenguaje:Inglés
Publicado: Universidad Torcuato Di Tella 2017
Materias:
Corrupción
Ciclos económicos
Tesis
Acceso en línea:http://repositorio.utdt.edu/handle/utdt/2354
Aporte de:
Repositorio Digital Universidad Torcuato Di Tella de Universidad Torcuato Di Tella
id I57-R16320.500.13098-2354
record_format dspace
institution Universidad Torcuato Di Tella
institution_str I-57
repository_str R-163
collection Repositorio Digital Universidad Torcuato Di Tella
language Inglés
orig_language_str_mv eng
topic Corrupción
Ciclos económicos
Tesis
spellingShingle Corrupción
Ciclos económicos
Tesis
Espinosa, Francisco J.
On the cyclical properties of corruptions and turnover
description In this paper I study the relation between political corruption and turnover, on the one hand, and the business cycle, on the other. As a rst step in this direction, I propose a particular channel (the "golden goose eect", as Niehaus and Sukhatankar (2013) call it) through which the amount of current and expected future aggregate resources aect these two political variables: an increase in the expected future corruption opportunities leads to more cautious behavior today by the incumbents, and therefore less political turnover. If the trend compo- nent of (log) output is linear in time, the cyclical component is the only determinant of the behavior of politicians. Broadly speaking, corruption (measured as the percentage of total current resources grabbed by politicians) is procyclical. I present some rst attempts to bring these implications to the data, and the partial results would seem to provide some support for the idea that unexpected high income today, that will most likely vanish in the near future, triggers corruption and political turnover in the short run.
author2 Universidad Torcuato Di Tella
author_facet Universidad Torcuato Di Tella
Espinosa, Francisco J.
format Tesis de maestría
acceptedVersion
author Espinosa, Francisco J.
author_sort Espinosa, Francisco J.
title On the cyclical properties of corruptions and turnover
title_short On the cyclical properties of corruptions and turnover
title_full On the cyclical properties of corruptions and turnover
title_fullStr On the cyclical properties of corruptions and turnover
title_full_unstemmed On the cyclical properties of corruptions and turnover
title_sort on the cyclical properties of corruptions and turnover
publisher Universidad Torcuato Di Tella
publishDate 2017
url http://repositorio.utdt.edu/handle/utdt/2354
work_keys_str_mv AT espinosafranciscoj onthecyclicalpropertiesofcorruptionsandturnover
bdutipo_str Repositorios
_version_ 1764820544304185344

Ejemplares similares