A new corruption index based on individual attitudes. (16th September 2013)

• Record Type: Journal Article
• Authors: Bonanomi, Andrea; Osmetti, Silvia Angela
• Is Part Of: International journal of monetary economics and finance. Volume 6:Number 2/3(2013)
• Page Start: 232
• Page End: 243
• Publication Date: 2013-09-16
• Subjects: Rasch Model -- PCM -- partial credit model -- statistical measures -- corruption index -- corruption measures -- individual attitudes -- Europe -- corruption perception; Monetary policy -- Periodicals; Finance -- Periodicals; Economics -- Mathematical models -- Periodicals; 332.4
• Languages: English
• ISSNs: 1752-0479

Abstract

The aim of this paper is to propose a new corruption index based on individual attitudes referring to the European citizens. The index is defined by means of the person location parameters estimated by a partial credit model (PCM). This model is particularly suitable since the synthetic value of the interest latent variable 'Corruption Perception' is first evaluated at individual level; its estimated scores are then naturally aggregated to higher levels in order to obtain a measure at Europe and nation–wide.