• Elite Capture of Foreign Aid: Evidence from Offshore Bank Accounts 

      Andersen, Jørgen Juel; Johannesen, Niels; Rijkers, Bob (Peer reviewed; Journal article, 2022)
      Do elites capture foreign aid? This paper documents that aid disbursements to highly aid-dependent countries coincide with sharp increases in bank deposits in offshore financial centers known for bank secrecy and private ...
    • Petro Rents, Political Institutions, and Hidden Wealth: Evidence from Bank Deposits in Tax Havens 

      Andersen, Jørgen Juel; Johannesen, Niels; Lassen, David Dreyer; Paltseva, Elena (CAMP Working Paper Series;7/2013, Working paper, 2013)
      Do political institutions limit rent-seeking by politicians? To address this question, we study the transformation of petroleum rents into hidden wealth using unique data on bank deposits in tax havens. We find that ...