Showing 1 - 10 of 974
In a cross-section of countries, government regulation is strongly negatively correlated with social capital. We document this correlation, and present a model explaining it. In the model, distrust creates public demand for regulation, while regulation in turn discourages social capital...
Persistent link: https://www.econbiz.de/10012757998
integration among European regions. We find regions, where the level of confidence and trust is high, are more financially …
Persistent link: https://www.econbiz.de/10012759795
We combine theory with data from different domains to provide an empirical analysis of the scale and variability of social capital as wealth. This is used to argue, given what we have learned in the literature on social capital, that the welfare returns to investing in trust could be...
Persistent link: https://www.econbiz.de/10012984136
This paper uses data from global and Canadian surveys data to estimate the powerful linkages between social connections, their related social identities, and subjective well-being. Our explanatory variables include several measures of the extent and frequency of use of social networks, combined...
Persistent link: https://www.econbiz.de/10013143170
We establish an inverse relationship between family ties and political participation, such that the more individuals rely on the family as a provider of services, insurance, transfer of resources, the lower is one's civic engagment and political participation. We also show that strong family...
Persistent link: https://www.econbiz.de/10013150644
To explain the extremely long-term persistence (more than 500 years) of positive historical experiences of cooperation (Putnam 1993), we model the intergenerational transmission of priors about the trustworthiness of others. We show that this transmission tends to be biased toward excessively...
Persistent link: https://www.econbiz.de/10013310596
Using a sample of Harvard undergraduates, we analyze trust and social capital in two experiments. Trusting behavior and trustworthiness rise with social connection; differences in race and nationality reduce the level of trustworthiness. Certain individuals appear to be persistently more...
Persistent link: https://www.econbiz.de/10013212348
innovativeness and top income inequality in the United States over the past decades. Two distinct instrumentation strategies suggest … that this correlation (partly) reflects a causality from innovativeness to top income inequality, and the effect is … increase other measures of inequality which do not focus on top incomes. Next, we show that the positive effects of innovation …
Persistent link: https://www.econbiz.de/10013021469
What is inequality in health? Are economists' standard tools for measuring income inequality relevant or useful for … measuring it? Does income protect health and does income inequality endanger it? I discuss two different concepts of health … inequality and relate each of them to the literature on the inequality in income. I propose a model in which each individual …
Persistent link: https://www.econbiz.de/10013220524
This paper takes a different tack in addressing one of the fundamental questions in economics: what are the factors that determine the distribution of jobs and wages? In Adam Smith%u2019s classic formulation, and in much of the subsequent literature, wage levels have been used to estimate the...
Persistent link: https://www.econbiz.de/10012761907