Showing 1 - 10 of 111
In this paper we investigate the long- and short-run relationships between disasters and societal trust. A growing body … determinants of social capital in general, and trust in particular. We present new cross-country and panel data evidence of another … important determinant of trust—the frequency of natural disasters. Frequent naturally occurring events such as storms require …
Persistent link: https://www.econbiz.de/10010877834
We examine the effects of differences in social capital on first and second best transfers to families with children, in an asymmetric information context where the number of births, and the future earning capacity of each child that is born, are random variables. The probability that a couple...
Persistent link: https://www.econbiz.de/10005181449
We develop an economic theory of tolerance where lifestyles and traits are invested with symbolic value by people … which tolerance spontaneously arises. Policy may affect the evolution of tolerance in distinctive ways, and there may be … efficiency as well as equity reasons to promote tolerance. …
Persistent link: https://www.econbiz.de/10005406181
This paper evaluates average educational performance effects of an expanding independent school sector at the compulsory level by assessing a radical voucher reform that was implemented in Sweden in 1992. Starting from a situation where all public schools were essentially local monopolists, the...
Persistent link: https://www.econbiz.de/10010555699
This paper reviews economic developments in Iceland following its financial collapse in 2008, focusing on causes and consequences of the crash. The review is presented in the context of the Nordic region, with broad comparisons also with developments elsewhere on the periphery of Europe, in...
Persistent link: https://www.econbiz.de/10010877635
We claim that a sequential mechanism linking history to development exists: first, history defines the quality of social capital; then, social capital determines the level of corruption; finally, corruption affects economic performance. We test this hypothesis on a dataset of Italian provinces,...
Persistent link: https://www.econbiz.de/10010641421
Merchant guilds have been portrayed as “social networks“ that generated beneficial “social capital“ by sustaining shared norms, effectively transmitting information, and successfully undertaking collective action. This social capital, it is claimed, benefited society as a whole by...
Persistent link: https://www.econbiz.de/10005765797
trust to define social capital empirically. In this paper we use three different measures of social capital: the size of the … to individual characteristics such as education, age, place of residence, household composition, and health. Household …
Persistent link: https://www.econbiz.de/10005094211
This paper analyzes an early modern German economy to test alternative theories about guilds. It finds little evidence to support recent hypotheses arguing that guilds corrected market failures relating to product quality, training, and innovation. But it finds that guilds were social networks...
Persistent link: https://www.econbiz.de/10005405799
Does the Internet undermine social capital or facilitate inter-personal and civic engagement in the real world? Merging unique telecommunication data with geo-coded German individual-level data, we investigate how broadband Internet affects several dimensions of social capital. One...
Persistent link: https://www.econbiz.de/10009024847