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Self-Esteem, Shame and Personal Motivation

Dessí, Roberta; Zhao, Xiaojian - C.E.P.R. Discussion Papers - 2011

Evidence from psychology suggests that overconfidence is more important in North America than in Japan. The pattern is reversed for shame, an emotion that appears to play a more important role among Japanese than North Americans. We develop a model that endogenizes these differences, building on...

Persistent link: https://www.econbiz.de/10009399711

Social Capital, Government Expenditures, and Growth

Ponzetto, Giacomo AM; Troiano, Ugo - C.E.P.R. Discussion Papers - 2014

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

Effect of Income on Trust: Evidence from the 2009 Crisis in Russia

Ananyev, Maxim; Guriev, Sergei - C.E.P.R. Discussion Papers - 2015

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

Gossip: Identifying Central Individuals in a Social Network

Banerjee, Abhijit; Chandrasekhar, Arun G; Duflo, Esther; … - C.E.P.R. Discussion Papers - 2014

Can we identify the members of a community who are best- placed to diffuse information simply by asking a random sample of in- dividuals? We show that boundedly-rational individuals can, simply by tracking sources of gossip, identify those who are most central in a network according to...

Persistent link: https://www.econbiz.de/10011083579

The Diffusion of Microfinance

Banerjee, Abhijit; Chandrasekhar, Arun G; Duflo, Esther; … - C.E.P.R. Discussion Papers - 2012

We examine how participation in a microfinance program diffuses through social networks. We collected detailed demographic and social network data in 43 villages in South India before microfinance was introduced in those villages and then tracked eventual participation. We exploit exogenous...

Persistent link: https://www.econbiz.de/10011084550

Intrafamily Resource Allocations: A Dynamic Model of Birth Weight

del Bono, Emilia; Ermisch, John F; Francesconi, Marco - C.E.P.R. Discussion Papers - 2008

This paper estimates a model of dynamic intrahousehold investment behavior which incorporates family fixed effects and child endowment heterogeneity. This framework is applied to large American and British survey data on birth outcomes, with focus on the effects of antenatal parental smoking and...

Persistent link: https://www.econbiz.de/10005662165

War Signals: A Theory of Trade, Trust and Conflict

Rohner, Dominic; Thoenig, Mathias; Zilibotti, Fabrizio - C.E.P.R. Discussion Papers - 2011

We construct a dynamic theory of civil conflict hinging on inter-ethnic trust and trade. The model economy is … breakdown of trust, plunging a society into a vicious cycle of recurrent conflicts (a war trap). The incidence of conflict can …

Persistent link: https://www.econbiz.de/10009003383

Motivating Knowledge Agents: Can Incentive Pay Overcome Social Distance?

Berg, Erlend; Ghatak, Maitreesh; Manjula, R; Rajasekhar, D - C.E.P.R. Discussion Papers - 2013

This paper studies the interaction of incentive pay and social distance in the dissemination of information. We analyse theoretically as well as empirically the effect of incentive pay when agents have pro-social objectives, but also preferences over dealing with one social group relative to...

Persistent link: https://www.econbiz.de/10011145477

Why So Many Local Entrepreneurs?

Michelacci, Claudio; Silva, Olmo - C.E.P.R. Discussion Papers - 2006

We document that the fraction of entrepreneurs who work in the region where they were born is significantly higher than the corresponding fraction for dependent workers. This difference is more pronounced in more developed regions and positively related to the degree of local financial...

Persistent link: https://www.econbiz.de/10005656430

Social Connections and Group Banking

Karlan, Dean S. - C.E.P.R. Discussion Papers - 2007

Lending to the poor is expensive due to high screening, monitoring, and enforcement costs. Group lending advocates believe lenders overcome this by harnessing social connections. Using data from FINCA-Peru, I exploit a quasi random group formation process to find evidence of peers successfully...

Persistent link: https://www.econbiz.de/10005791873