Corruption, Default and Optimal Credit in Welfare Programs
AbstractIn this paper a dynamic model of subsidized credit provision is presented to examine how asymmetric information exacerbates inefficiency caused by corruption. Though designed to empower the underprivileged, the fate of such credit programs largely depends on the efficiency of the credit delivery system. [IGIDR WP 2004-001].
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
Bibliographic InfoPaper provided by eSocialSciences in its series Working Papers with number id:1600.
Date of creation: Aug 2008
Date of revision:
Note: Institutional Papers
Contact details of provider:
Web page: http://www.esocialsciences.org
credit; corruption; asymmetric; information; inefficiency; delivery; system;
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Chaudhuri, Sarbajit & Gupta, Manash Ranjan, 1996. "Delayed formal credit, bribing and the informal credit market in agriculture: A theoretical analysis," Journal of Development Economics, Elsevier, vol. 51(2), pages 433-449, December.
- Banerjee, Abhijit V, 1997. "A Theory of Misgovernance," The Quarterly Journal of Economics, MIT Press, vol. 112(4), pages 1289-1332, November.
- Erwin Tiongson & Hamid Reza Davoodi & Sanjeev Gupta, 2000. "Corruption and the Provision of Health Care and Education Services," IMF Working Papers 00/116, International Monetary Fund.
- Jay Pil Choi & Marcel Thum, 2000.
"The Dynamics of Corruption with the Ratchet Effect,"
CESifo Working Paper Series
334, CESifo Group Munich.
- Choi, Jay Pil & Thum, Marcel, 2003. "The dynamics of corruption with the ratchet effect," Journal of Public Economics, Elsevier, vol. 87(3-4), pages 427-443, March.
- Choi, Jay Pil & Thum, Marcel, 2001. "The dynamics of corruption with the Ratchet effect," Dresden Discussion Paper Series in Economics 04/01, Dresden University of Technology, Faculty of Business and Economics, Department of Economics.
- Saha, Bibhas, 2003. "Harassment, corruption and tax policy: a comment on Marjit, Mukherjee and Mukherjee [Eur. J. Political Economy 16 (2000) 75-94]," European Journal of Political Economy, Elsevier, vol. 19(4), pages 893-897, November.
- Mishra, Ajit, 2002.
"Hierarchies, incentives and collusion in a model of enforcement,"
Journal of Economic Behavior & Organization,
Elsevier, vol. 47(2), pages 165-178, February.
- A Mishra, . "Hierarchies, Incentives And Collusion In Model Of Enforcement," Dundee Discussion Papers in Economics 067, Economic Studies, University of Dundee.
- Ajit Mishra, 2000. "Hierarchies, Incentives And Collusion In A Model Of Enforcement," Dundee Discussion Papers in Economics 112, Economic Studies, University of Dundee.
- Hindriks, Jean & Keen, Michael & Muthoo, Abhinay, 1999.
"Corruption, extortion and evasion,"
Journal of Public Economics,
Elsevier, vol. 74(3), pages 395-430, December.
- Hindriks, J. & Keen, M. & Muthoo, A., 1996. "Corruption, Extortion and Evasion," Papers 179, Notre-Dame de la Paix, Sciences Economiques et Sociales.
- Jean Hindriks, Michael Keen and Abhinay Muthoo, . "Corruption, Extortion and Evasion," Economics Discussion Papers 470, University of Essex, Department of Economics.
- Hindriks, J. & Keen, M. & Muthoo, A., 1998. "Corruption, Extortion and Evasion," Discussion Papers 9809, Exeter University, Department of Economics.
- Saha, Bibhas, 2001. "Red tape, incentive bribe and the provision of subsidy," Journal of Development Economics, Elsevier, vol. 65(1), pages 113-133, June.
- Marjit, Sugata & Mukherjee, Vivekananda & Mukherjee, Arijit, 2000. "Harassment, corruption and tax policy," European Journal of Political Economy, Elsevier, vol. 16(1), pages 75-94, March.
- Banerjee, A.V., 1997. "A Theory of Misgovernance," Working papers 97-4, Massachusetts Institute of Technology (MIT), Department of Economics.
- Lewis, Tracy R. & Sappington, David E. M., 1989. "Countervailing incentives in agency problems," Journal of Economic Theory, Elsevier, vol. 49(2), pages 294-313, December.
- Maggi G. & Rodriguez-Clare A., 1995. "On Countervailing Incentives," Journal of Economic Theory, Elsevier, vol. 66(1), pages 238-263, June.
- Lui, Francis T, 1985. "An Equilibrium Queuing Model of Bribery," Journal of Political Economy, University of Chicago Press, vol. 93(4), pages 760-81, August.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Padma Prakash).
If references are entirely missing, you can add them using this form.