Rent Seeking and Corruption in Financial Markets
نویسندگان
چکیده
We describe recent advances in the study of rent seeking and corruption in financial markets. We outline three areas of inquiry: (a) conceptualizing rent seeking, (b) identifying rent-provision channels and their general equilibrium impact, and (c) designing feasible remedial mechanisms. We provide suggestions for making further progress in these areas and review a variety of approaches taken in the recent literature. 579 A nn u. R ev . E co n. 2 01 1. 3: 57 960 0. D ow nl oa de d fr om w w w .a nn ua lr ev ie w s. or g by H ar va rd U ni ve rs ity o n 02 /1 4/ 13 . F or p er so na l u se o nl y.
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تاریخ انتشار 2013