welfare returns to investing in trust could be substantial. Using social trust data from 132 nations covered by the Gallup … World Poll, we present a range of estimates of social trust's wealth-equivalent values. The estimates of the wealth embodied …. These estimates reflect values above and beyond what social trust contributes to supporting incomes and health. Although …

and frequency of use of social networks, combined with a number of measures of general and domain-specific trust, which … are often used to gauge effective social capital. Using these measures we find that trust and social network size and use …

political participation. We also show that strong family ties appear to be a substitute for generalized trust, rather than a … complement to it. These three constructs-civic engagement, political participation, and trust- are part of what is known as …

model is that individuals in low trust countries want more government intervention even though the government is corrupt. We … government's role, as well as on changes in beliefs and in trust during the transition from socialism …

transmission tends to be biased toward excessively conservative priors. As a result, societies can be trapped in a low-trust … equilibrium. In this context, a temporary shock to the return to trusting can have a permanent effect on the level of trust. We …

regions. We find regions, where the level of confidence and trust is high, are more financially integrated with each other …

Using a sample of Harvard undergraduates, we analyze trust and social capital in two experiments. Trusting behavior and … questions about trust predict trustworthiness not trust. Only children are less trustworthy. People behave in a more trustworthy …

investigate the influence of a key element of social capital - trust - on labour productivity in intangible-intensive industries …. We find that in such industries, productivity gains from high levels of trust are stronger than elsewhere, while too … management quality are available, we show that the positive impact of high trust on productivity in intangible …

growth using the cross-section of signals. The uncertainty (confidence measure) about investor's growth expectations, as in … the data, is time-varying and subject to large moves. The fluctuations in confidence measure affect the distribution of … future consumption given investors' information, and consequently influence equilibrium asset prices and risk premia. In …

Over the last twenty years, the consensus view of systemic risk in the financial system that emerged in response to the … facing financial institutions. The dramatic rise of modern risk management has changed how the risks of financial … institutions are measured and how these institutions are managed. However, modern risk management is not without weaknesses that …