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Business cycle and corruption

Omer Gokcekus and Yui Suzuki

Economics Letters, 2011, vol. 111, issue 2, 138-140

Abstract: In studying the Great Depression, Galbraith asserts that the higher the transitory income the higher the corruption. For a panel of 39 countries over 13Â years, 1995-2007, Galbraith's claim holds. Regression analyses also confirm that the higher the permanent income, the lower the corruption.

Keywords: Economic; growth; Business; cycle; Corruption (search for similar items in EconPapers)
Date: 2011
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Citations: View citations in EconPapers (10)

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