Showing 1 - 10 of 271
. Using individual and county-level data, we document large causal effects on trust and ethnic identity of an exogenous …-ethnic dimensions. We find that more intense fighting decreases generalized trust and increases ethnic identity. The effects are …
Persistent link: https://www.econbiz.de/10011083530
This survey reviews the recent research on trust, institutions and economic development. It discusses the various … measures of trust and documents the substantial heterogeneity of trust across space and time. The conceptual mechanisms that … explain the influence of trust on economic performance and the methods employed to identify the causal impact of trust on …
Persistent link: https://www.econbiz.de/10011084699
This paper draws on a natural experiment to identify the relationship between income and trust. We use a unique panel … instrumenting average regional income, we find that the effect of income on generalized social trust (the share of respondents … determinants of trust, we show that 10 percent decrease in income is associated with 5 percentage point decrease in trust. Given …
Persistent link: https://www.econbiz.de/10011145423
In this paper we characterize a situation in which non-calculative trust has to play a role in the decision to …
Persistent link: https://www.econbiz.de/10005792217
preferences such as risk preference, and crucial beliefs about the world, such as trust. This paper provides evidence on the three …
Persistent link: https://www.econbiz.de/10005124463
We document that trust in public institutions--and particularly trust in banks, business and government--has declined … over recent years. U.S. time series evidence suggests that this partly reflects the pro-cyclical nature of trust in … the most suffered the biggest loss in confidence in institutions, particularly in trust in government and the financial …
Persistent link: https://www.econbiz.de/10008925712
choose with whom within their group they want to play a trust game. Participants observe of each other age, gender …. Participants tend to trust those they trusted before and who trusted them. We do not find evidence of regional discrimination per …
Persistent link: https://www.econbiz.de/10008468504
We present a tractable stochastic endogenous growth model that explains how social capital influences economic development. In our model, social capital increases citizens' awareness of government activity. Hence, it alleviates the electoral incentives to under-invest in education, whose returns...
Persistent link: https://www.econbiz.de/10011084642
This paper discusses recent neuroeconomic evidence related to other-regarding behaviours and the decision to trust in …
Persistent link: https://www.econbiz.de/10005497729
This paper presents evidence on the speed of evolution (or lack thereof) of a wide range of values and beliefs of different generations of European immigrants to the US. The main result is that persistence differs greatly across cultural attitudes. Some, for instance deep personal religious...
Persistent link: https://www.econbiz.de/10011083563