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The volume collects the essays presented at the conference "Social capital, economics and political economy" held in Rome on 27 June 2014. The first session analyzes definition and measurement issues about social capital. The second and third sessions examine its determinants and economic...
Persistent link: https://www.econbiz.de/10011277932
Social capital is a key factor affecting the functioning of financial markets (Guiso, Sapienza and Zingales, 2004). However, the estimation of the effect of social capital on credit markets is notoriously difficult. In this paper we exploit the recent Lehman Brothers crisis and a rich dataset to...
Persistent link: https://www.econbiz.de/10011265441
This paper considers the role of preferences in explaining trust. By using the Bank of Italy�s Survey on Household …-reported trust. They both predict negatively a measure of generalized trust; however, risk aversion is positively correlated with an … preferences when analysing the role of trust in explaining socio-economic outcomes might pose serious challenges in terms of …
Persistent link: https://www.econbiz.de/10011105132
The relationship between inequality and trust has attracted the interest of many scholars who have found a negative … relationship between the two variables. However, the causal link from inequality to trust is far from being identified and the … findings, income inequality significantly and negatively affects generalised trust. However, this result only holds for …
Persistent link: https://www.econbiz.de/10011105137
terms of trust and trustworthiness, and average trust predicts average trustworthiness across countries. Entrepreneurial … each country, preferences for regulations depend negatively on individual trust; across countries, lower trustworthiness …
Persistent link: https://www.econbiz.de/10008459743
In this paper we propose and validate cheating in standardized tests as a new indirect measure of social capital. Given the low-stakes nature of most of the tests examined here, we interpret the widespread presence of cheating as a signal of limited trustin central education authorities....
Persistent link: https://www.econbiz.de/10011099654
We examine the impact of natural disasters on GDP per capita by applying the synthetic control approach. Our analysis encompasses two large-scale earthquakes that occurred in two different Italian regions in 1976 and 1980. We show that the short-term effects are negligible in both regions,...
Persistent link: https://www.econbiz.de/10011099721
investigation that illustrates that the receipt of EU structural funds causes a deterioration of the endowments of trust and …
Persistent link: https://www.econbiz.de/10011099723
long-celebrated dimensions of social behaviour (trust, political awareness, and associational activities). Then, it shows …
Persistent link: https://www.econbiz.de/10011105105
In the last two decades the socio-economic literature has highlighted the importance of social capital (an ample set of social relations and cultural attitudes) for economic growth and the wellbeing of citizens. The literature broadly suggests a negative correlation between social capital and...
Persistent link: https://www.econbiz.de/10009654306