On the cultural transmission of corruption

Esther Hauk and María Sáez Martí

UC3M Working papers. Economics from Universidad Carlos III de Madrid. Departamento de Economía

Abstract: We provide a cultural explanation to the phenomenon of corruption in the framework of an overlapping generations model with intergenerational transmission of values. We show that under reasonable parameters the economy has two steady states which differ in their levels of corruption. The driving force in the equilibrium se1ection process is the education effort exerted by parents which depends on the initial distribution of ethics in the population and on expectations about policies in the future. We propose sorne policy interventions which via parents' efforts have long lasting effects on corruption and show the success of intensive education campaigns. We argue that our model exp1ains the differecnes which are observed across countries with similar degrees of economic development and that educating the young is a key element in reducing corruption successfully.

Keywords: Corruption; Cultural; transmission; Overlapping; generations; Principal-agent (search for similar items in EconPapers)
Date: 1998-02
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Related works:
Journal Article: On the Cultural Transmission of Corruption (2002)
Working Paper: On the Cultural Transmission of Corruption (2001)
Working Paper: On the cultural transmission of corruption (1999)
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Persistent link: https://EconPapers.repec.org/RePEc:cte:werepe:4143

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