Showing 1 - 10 of 95
There is a great deal of interest in the causes and consequences of conflict in Africa, one of the poorest areas of the … world where only modest economic progess has been made. This paper asks whether post-colonial conflict is, at least in part …, a legacy of historical conflict by examining the empirical relationship between conflict in Africa since independence …
Persistent link: https://www.econbiz.de/10011083742
transmission tends to be biased toward excessively conservative priors. As a result, societies can be trapped in a low-trust … equilibrium. In this context, a temporary shock to the return to trusting can have a permanent effect on the level of trust. We …
Persistent link: https://www.econbiz.de/10005791467
This chapter reviews the recent debate about the role of social capital in economics. We argue that all the difficulties this concept has encountered in economics are due to a vague and excessively broad definition. For this reason, we restrict social capital to the set of values and beliefs...
Persistent link: https://www.econbiz.de/10008468690
. We first show that trust of second-generation Americans is significantly influenced by the country of origin of their … attitudes. We show that trust inherited by second-generation Americans from their country of origins has changed over time. This … result allows us to use the inherited trust of second-generation Americans as a time-varying instrument to track back the …
Persistent link: https://www.econbiz.de/10005124005
We argue that social capital as proxied by regional trust and the Rule of Law can improve aggregate productivity …. Trust and the Rule of Law appear to facilitate delegation by improving co-operation, even when we examine "bilateral trust …" between the country of origin and location for affiliates of multinational firms. We show that areas with higher trust and …
Persistent link: https://www.econbiz.de/10005034760
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
receivable relative to low-CSR firms. This evidence is consistent with the view that the trust between the firm and its … stakeholders and investors, built through investments in social capital, pays off when the overall level of trust in corporations …
Persistent link: https://www.econbiz.de/10011165644
We study the effect of civil conflict on social capital, focusing on the experience of Uganda during the last decade …. Using individual and county-level data, we document large causal effects on trust and ethnic identity of an exogenous …-ethnic dimensions. We find that more intense fighting decreases generalized trust and increases ethnic identity. The effects are …
Persistent link: https://www.econbiz.de/10011083530
the most suffered the biggest loss in confidence in institutions, particularly in trust in government and the financial …We document that trust in public institutions--and particularly trust in banks, business and government--has declined … over recent years. U.S. time series evidence suggests that this partly reflects the pro-cyclical nature of trust in …
Persistent link: https://www.econbiz.de/10008925712
We present a detailed, high-frequency dataset on the civil conflict in Colombia during the period 1988-2002. We briefly … pattern over time of conflict actions and intensity for all sides involved in the confrontation. We also describe the pattern …
Persistent link: https://www.econbiz.de/10005662139