G2TT
来源类型Discussion paper
规范类型论文
来源IDDP7083
DP7083 Firm Default and Aggregate Fluctuations
Jesper Linde; Tor Jacobson; Kasper Roszbach; Rikard Kindell
发表日期2008-12-08
出版年2008
语种英语
摘要Stricter laws require more incisive and costlier enforcement. Since enforcement activity depends both on available tax revenue and the honesty of officials, the optimal legal standard of a benevolent government is increasing in per-capita income and decreasing in officials' corruption. In contrast to the "tollbooth view" of regulation, the standard chosen by a self-interested government is a non-monotonic function of officials' corruption, and can be either lower or higher than that chosen by a benevolent regulator. International evidence on environmental regulation show that standards correlate positively with per-capita income, and negatively with corruption, consistently with the model's predictions for benevolent governments
主题Public Economics
关键词Corruption Enforcement Legal standards Tollbooth view
URLhttps://cepr.org/publications/dp7083
来源智库Centre for Economic Policy Research (United Kingdom)
资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/535919
推荐引用方式
GB/T 7714
Jesper Linde,Tor Jacobson,Kasper Roszbach,et al. DP7083 Firm Default and Aggregate Fluctuations. 2008.
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