Existing evidence on the relationship between ethnic heterogeneity, social capital (trust, voluntarism, associational … Diversity, Social Trust, and Civic Engagement, financed by the German Federal Ministry of Family Affairs, Senior Citizens, Women …

In the aftermath of the financial crisis trust, in the European Central Bank (ECB) has reached an historical low … total of 312 observations, this paper detects a structural break in citizens’ trust in the ECB. The paper confirms that … during the pre-crisis period, citizens’ trust in the ECB was driven by economic growth. In crisis time, however, trust in the …

Some researchers claim that diverse populations lead to less trust. Generalized trust is a core value that leads to …

to contribute also an adequate share to the community. In such a situation trustworthiness of a government and trust in a … government is high. This paper provides empirical evidence that trust is crucial for fiscal performance using data for the full … sample of Swiss cantons over the 1981-2001 period. In cantons with high levels of trust, the level of indebtedness is …

Using data from US states, we find a positive relationship between trust and growth. According to our results, a 10 … percentage point increase in trust increases the growth rate of per capita income by 0.5 percentage point, growth rate of housing …

We examine the effect of generalized trust on long-term economic growth. Unlike in previous studies, we use Bayesian … endogeneity and assess whether the effect of trust on growth is causal. Examining more than forty regressors for nearly fifty … countries, we show that trust exerts a positive effect on long-term growth and, based on the posterior inclusion probabilities …

We introduce opportunities for pre-play communication and to enter binding or non-binding contracts in trust games, and …