Showing 1 - 10 of 386
Evidence from psychology suggests that overconfidence is more important in North America than in Japan. The pattern is reversed for shame, an emotion that appears to play a more important role among Japanese than North Americans. We develop a model that endogenizes these differences, building on...
Persistent link: https://www.econbiz.de/10009399711
We present a tractable stochastic endogenous growth model that explains how social capital influences economic development. In our model, social capital increases citizens' awareness of government activity. Hence, it alleviates the electoral incentives to under-invest in education, whose returns...
Persistent link: https://www.econbiz.de/10011084642
This paper draws on a natural experiment to identify the relationship between income and trust. We use a unique panel … instrumenting average regional income, we find that the effect of income on generalized social trust (the share of respondents … determinants of trust, we show that 10 percent decrease in income is associated with 5 percentage point decrease in trust. Given …
Persistent link: https://www.econbiz.de/10011145423
Can we identify the members of a community who are best- placed to diffuse information simply by asking a random sample of in- dividuals? We show that boundedly-rational individuals can, simply by tracking sources of gossip, identify those who are most central in a network according to...
Persistent link: https://www.econbiz.de/10011083579
We examine how participation in a microfinance program diffuses through social networks. We collected detailed demographic and social network data in 43 villages in South India before microfinance was introduced in those villages and then tracked eventual participation. We exploit exogenous...
Persistent link: https://www.econbiz.de/10011084550
This paper estimates a model of dynamic intrahousehold investment behavior which incorporates family fixed effects and child endowment heterogeneity. This framework is applied to large American and British survey data on birth outcomes, with focus on the effects of antenatal parental smoking and...
Persistent link: https://www.econbiz.de/10005662165
We construct a dynamic theory of civil conflict hinging on inter-ethnic trust and trade. The model economy is … breakdown of trust, plunging a society into a vicious cycle of recurrent conflicts (a war trap). The incidence of conflict can …
Persistent link: https://www.econbiz.de/10009003383
This paper studies the interaction of incentive pay and social distance in the dissemination of information. We analyse theoretically as well as empirically the effect of incentive pay when agents have pro-social objectives, but also preferences over dealing with one social group relative to...
Persistent link: https://www.econbiz.de/10011145477
Recent Eurobarometer survey data are used to document and explain the stock of social capital in 27 European countries. Social capital in Central and Eastern Europe – measured by civic participation and access to social networks – lags behind that in Western European countries. Using...
Persistent link: https://www.econbiz.de/10005792441
We study the influence of social networks on labour market transitions. We develop the first model where social ties and job status co-evolve through time. Our key assumption is that the probability of formation of a new tie is greater between two employed individuals than between an employed...
Persistent link: https://www.econbiz.de/10005792539