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Economic growth is propelled in part by the accumulation of different kinds of capital, including social capital in its several guises. This paper considers the interplay between financial crises and various aspects of social capital which, if it is allowed to depreciate, can undermine economic...
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mean by confidenceʺ, what the differences between optimism and confidence are and how the onset of confidence can possibly … be explained. Also, we analyze the economic effects of a lack of or the erosion of confidence. The paper intends to … provide a comprehensive view on the major effects of confidence on economic growth, the business cycle, its relation to income …
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