Showing 1 - 10 of 24
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/10008872215
expressions for this price increase. Our calibration leads to a price increase of 40% if capital and labor are allowed to move to … the biocarbon sector. Otherwise, the price increase is much higher. We also use the model to analyze the consequences of …
Persistent link: https://www.econbiz.de/10010877924
we find that there exists a robust positive relationship between the price paid and the number of store visited. We argue …
Persistent link: https://www.econbiz.de/10010888454
price regulation by conforming to customers’ and authorities’ expectations. It is argued that utilities can meet …’ price setting schemes are insensitive to customer complaints, they are significantly influenced by the passive monitoring by …
Persistent link: https://www.econbiz.de/10008534016
We examine whether a corruption scandal in which the incumbent is implicated undermines trust in local government. We … data on the level of trust expressed in local politicians drawn from a new survey conducted in late 2009. We use matching … methods to improve the identification of the effect of corruption scandals on trust, comparing municipalities affected by a …
Persistent link: https://www.econbiz.de/10010877719
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
To investigate the relation between trust and formal institutions, we analyze bilateral trade patterns in a sample of … 16 European countries between 1996-2009. Trust in trading partners has a significant positive effect on bilateral trade …. However, our results suggest that trust and formal institutions are substitutes, as the positive effect of trust on trade is …
Persistent link: https://www.econbiz.de/10009294097
In Switzerland, two key church institutions – the Conference of Swiss Bishops (CSB) and the Federation of Protestant Churches (FPC) – make public recommendations on how to vote for certain referenda. We leverage this unique situation to directly measure religious organizations’ power to...
Persistent link: https://www.econbiz.de/10010723526
the power of our approach with the analysis of trust and trustworthiness in Germany bycombining representative survey data … people’s trust correlate well with behaviorally exhibited trust in the experiment. People above the age of 65, highly skilled … the Social Democratic Party or the Christian Democratic Party exhibit more trust. People above the age of 65 and those in …
Persistent link: https://www.econbiz.de/10005766135
Many Internet markets rely on ‘feedback systems’, essentially social networks of reputation, to facilitate trust and … market encounters are one-shot) most frequently enhances trust and trustworthiness, and always increases total gains … with someone having a bad reputation not even for a substantial price discount. We also find that a reliable reputation …
Persistent link: https://www.econbiz.de/10005766257