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We present new evidence on how generalized trust is formed. Unlike previous studies, we look at the explanatory power … the Economic Freedom Index) increase trust. The idea is that a market economy, building on voluntary transactions and … mechanisms for trust to emerge between people …
Persistent link: https://www.econbiz.de/10014253922
Persistent link: https://www.econbiz.de/10002552712
Persistent link: https://www.econbiz.de/10015105368
This chapter surveys research on social capital. We explore the concepts that motivate the social capital literature, efforts to formally model social capital using economic theory, the econometrics of social capital, and empirical studies of the role of social capital in various socioeconomic...
Persistent link: https://www.econbiz.de/10014023761
We conduct an extensive robustness analysis of the relationship between trust and growth by investigating a later time …. We find that when outliers (especially China) are removed, the trust-growth relationship is no longer robust. On average …, the trust coefficient is half as large as in previous findings …
Persistent link: https://www.econbiz.de/10012767243
This paper finds evidence that more democratic political institutions increase trust. Second generation immigrants with … country, those whose father was born in a more democratic country express higher trust than those whose father was born in a …
Persistent link: https://www.econbiz.de/10010206754
For a cross-section of 123 European regions, we find evidence for a positive effect of generalized trust on regional … recent literature on the effects of climate on historic trust levels. The popular explanation for spatial clustering of … be better explained by a positive influence of trust on innovation and spatial clustering of trust. …
Persistent link: https://www.econbiz.de/10010126949
This paper presents evidence that generalized trust promotes health. Children of immigrants in a broad set of European … in trust across countries of ancestry. The approach addresses reverse causality and concerns that the trust measure picks … trust in explaining self-assessed health. The finding is robust to accounting for individual, parental, and extensive …
Persistent link: https://www.econbiz.de/10010437064
This study explores social capital and its relevance to bank risk taking across countries. Our empirical results show that the levels of bank risk taking are lower in countries with higher levels of social capital, and that the impact of social capital is mainly reflected by the reduced value of...
Persistent link: https://www.econbiz.de/10011543159
television in the formation of political consensus in Italy. Based on probit and instrumental variables estimates, we find trust … in television to be the most significant predictor of trust in the Italian prime minister. The latter is also strongly … and negatively correlated with trust in the judicial system and tolerance towards immigrants. …
Persistent link: https://www.econbiz.de/10011524858