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Article
Business Cycle and Corruption
Economics Letters (2011)
  • Omer Gokcekus, Seton Hall University
  • Yui Suzuki
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 13 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
Publication Date
May, 2011
DOI
10.1016/j.econlet.2011.01.023
Citation Information
Omer Gokcekus and Yui Suzuki. "Business Cycle and Corruption" Economics Letters Vol. 111 Iss. 2 (2011) p. 138 - 140
Available at: http://works.bepress.com/omer_gokcekus/30/