The billionaires of the world attract significant attention from the media and the public. The popular press is full of books selling formulas on how to become rich. Surprisingly, only a limited number of studies have explored empirically the determinants of extraordinary wealth. Using a large data set we explore whether globalization and corruption affect extreme wealth accumulation. We find evidence that an increase in globalization increases super-richness. In addition, we also find that an increase in corruption leads to an increase in the creation of super fortune. This supports the argument that in kleptocracies large sums are transferred into the hands of a small group of individuals
Prior literature shows that government corruption mostly hurts poorer economies, whereas recent even...
We analyze how one of the central drivers of globalization, foreign direct investment (FDI), relates...
There exists a substantial body of literature on the effects of Globalization on the poor population...
The billionaires of the world attract significant attention from the media and the public. The popul...
The billionaires of the world attract significant attention from the media and the public. Surprisin...
Why are there more super-rich people in some countries than in others? Extraordinary wealth is ofte...
textabstractCorruption may lead to tax evasion and unbalanced favors and this may lead to extraordin...
This paper presents new empirical evidence on the determinants of corruption, fo-cussing on the role...
The glittering lives of billionaires may seem like a harmless source of entertainment. But such conc...
The extraordinary rising number of the super-rich has reignited the debate about whether wealth ineq...
This paper presents new empirical evidence on the determinants of corruption, focussing on the role ...
The interactions between globalization and corruption do not seem to be consensual because, in addit...
Corruption is a reality of life in all countries. However, some countries seem to have more widespre...
Corruption is a reality of life in all countries. However, some countries seem to have more widespre...
Issues of wealth inequality have been the subject of considerable public interest and inquiry in rec...
Prior literature shows that government corruption mostly hurts poorer economies, whereas recent even...
We analyze how one of the central drivers of globalization, foreign direct investment (FDI), relates...
There exists a substantial body of literature on the effects of Globalization on the poor population...
The billionaires of the world attract significant attention from the media and the public. The popul...
The billionaires of the world attract significant attention from the media and the public. Surprisin...
Why are there more super-rich people in some countries than in others? Extraordinary wealth is ofte...
textabstractCorruption may lead to tax evasion and unbalanced favors and this may lead to extraordin...
This paper presents new empirical evidence on the determinants of corruption, fo-cussing on the role...
The glittering lives of billionaires may seem like a harmless source of entertainment. But such conc...
The extraordinary rising number of the super-rich has reignited the debate about whether wealth ineq...
This paper presents new empirical evidence on the determinants of corruption, focussing on the role ...
The interactions between globalization and corruption do not seem to be consensual because, in addit...
Corruption is a reality of life in all countries. However, some countries seem to have more widespre...
Corruption is a reality of life in all countries. However, some countries seem to have more widespre...
Issues of wealth inequality have been the subject of considerable public interest and inquiry in rec...
Prior literature shows that government corruption mostly hurts poorer economies, whereas recent even...
We analyze how one of the central drivers of globalization, foreign direct investment (FDI), relates...
There exists a substantial body of literature on the effects of Globalization on the poor population...