Corrupção e crescimento econômico no modelo DSGE

Abstract

The subject of corruption is quite controversial nowadays and raises discussions about its impact within an economy. Therefore, this work aims to study the impact of the variable corruption within the economy, through the general equilibrium stochastic Dynamic model (DSGE). In the first moment the analysis will be the impact of corruption as an exogenous variable and observe the effects of the variable during the productivity shock. And in the second stage, corruption will be endogenous, the result of past corruption and the informal sector. he results found that both exogenous and endogenous corruption reduce the variables compared to an economy exempt from irregular activities. There is a reduction in economic growth, public capital and increased public investment. The difference found in the endogenous corruption model is the reduction of labor supply, reduction of wages, capital and investment of the economy. The effects found in the second model the reductions of the variables occurred in a more severe way.