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Journal of Political Economy Vol. 133 No. 8 2025

Combating Political Corruption with Policy Bundles

Frederico Finan1; Maurizio Mazzocco2

1 University of California, Berkeley · 2 University of California, Los Angeles

Abstract

In this paper, we develop a dynamic model of politicians who can engage in corruption. The model provides important insights into the determinants of corruption and how to design policies to combat it. We estimate the model using data from Brazil to measure voters’ willingness to pay for various commonly proposed anticorruption policies, such as increasing audit probabilities, raising politicians’ wages, and extending term limits. We document that while audit policies effectively reduce corruption, a multipronged approach that bundles an audit policy with other policies can achieve much higher welfare gains.

DOI
10.1086/735508
Volume
133
Issue
8
Pages
2414-2461
Language
en
Sources
bibtex:phds-export.bib openalex crossref

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