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This paper investigates the relationship between trust and macroeconomic volatility. In a cross section of countries …, we show that higher trust is associated with lower macroeconomic instability. We use the inherited trust of Americans as … an instrumental variable of trust in their origin country to overcome all potential reverse causality concerns. We use …
Persistent link: https://www.econbiz.de/10010738740
This paper documents the co-evolution of social capital, measured as generalized trust, and financial development over … the twentieth century. I use cross generations inherited trust of Americans with foreign ancestors to track trust in their … home country in 1913 and 1990. The paper documents a positive cross-section relationship between trust and financial …
Persistent link: https://www.econbiz.de/10010738967
stereotype of risk averse and less competitive older employees. …
Persistent link: https://www.econbiz.de/10010821398
With a market entry game inspired by Camerer and Lovallo (1999), we study the attitudes of junior and senior employees towards strategic uncertainty and competition. Seniors exhibit higher entry rates compared to juniors, especially when the market capacity is not too low or when earnings from...
Persistent link: https://www.econbiz.de/10010899002
Purpose: To develop a comprehensive account for careers within the Greek academic system. Historical, cultural and geographical features of the country have created a unique context that has shaped the way academic careers evolve. Design/methodology/approach: The primary methods of data...
Persistent link: https://www.econbiz.de/10010820859
Given the increasingly prominent role the Internet plays in people's daily life, understanding its influence on individual well-being is crucial. Internet use yields direct utility and economic returns that may increase life satisfaction. But the Internet might also have detrimental effects...
Persistent link: https://www.econbiz.de/10010821055
How can healthcare access for Chinese migrants be improved? Migrant workers face two types of healthcare-access exclusion in the workplace: a financial one (via income) and a legislative one (from the "hukou"). We use 2006 data from a survey of rural migrant workers conducted in five of the most...
Persistent link: https://www.econbiz.de/10010738959
This paper studies the interaction between labor market integration, the evolution of "work values" and entrepreneurial capital inside minority communities. A simple model of labor market segmentation with ethnic capital and endogenous transmission of cultural values inside minority groups is...
Persistent link: https://www.econbiz.de/10010738998
Using a decomposition of social capital nature, this research proposes an original analysis of the interactions between the social, the environmental, the governance and the economic sphere and their impact on a viable development in Kabylia, where the "art of association" is the expression of...
Persistent link: https://www.econbiz.de/10010899482
We propose a multisector endogenous growth model incorporating social capital. Social capital only serves as input in the production of human capital and it involves a cost in terms of the final good. We show that in contrast to existing alternative specifications, this setting assures that...
Persistent link: https://www.econbiz.de/10010933921