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Do Natural Disasters Enhance Societal Trust?

Toya, Hideki; Skidmore, Mark - CESifo - 2012

In this paper we investigate the long- and short-run relationships between disasters and societal trust. A growing body research suggests that factors such as income inequality, ethnic fractionalization, and religious heritage are important determinants of social capital in general, and trust in...

Persistent link: https://www.econbiz.de/10010877834

The Historical Roots of Corruption and Economic Development in Italy

Petrarca, Ilaria; Ricciuti, Roberto - CESifo - 2013

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

Culture and Institutions: Economic Development in the Regions of Europe

Tabellini, Guido - CESifo - 2005

Does culture have a causal effect on economic development? The data on European regions suggest that it does. Culture … individual self-determination. To isolate the exogenous variation in culture, I rely on two historical variables used as … level. The exogenous component of culture due to history is strongly correlated with current regional economic development …

Persistent link: https://www.econbiz.de/10005406158

Does Culture Cause Economic Development? A Reassessment of the Evidence from European Regions

Edwards, Jeremy - CESifo - 2012

This paper shows that Tabellini’s recent claim to have provided evidence that culture has a causal effect on economic … to support any conclusions about the effect of culture on economic development. …

Persistent link: https://www.econbiz.de/10010595383

The Agricultural Origins of Time Preference

Galor, Oded; Özak, Ömer - CESifo - 2015

This research explores the origins of the distribution of time preference across regions. It advances the hypothesis, and establishes empirically that geographical variations in the natural return to agricultural investment have had a persistent effect on the distribution of time preference...

Persistent link: https://www.econbiz.de/10011167137

Iceland: How Could This Happen?

Gylfason, Thorvaldur - CESifo - 2014

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

Social Capital and Collusion: The Case of Merchant Guilds

Dessí, Roberta; Olgivie, Sheilagh - CESifo - 2003

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

The Compensating Income Variation of Social Capital

Groot, Wim; Brink, Henriette Maassen van den; Praag, … - CESifo - 2007

There is a small but growing literature on the determinants of social capital. Most of these studies use a measure of trust to define social capital empirically. In this paper we use three different measures of social capital: the size of the individual’s social network, the extent of their...

Persistent link: https://www.econbiz.de/10005094211

Optimal Policy Towards Families with Different Amounts of Social Capital, in the Presence of Asymmetric Information and Stochastic Fertility

Cigno, Alessandro; Luporini, Annalisa - CESifo - 2006

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

Guilds, Efficiency, and Social Capital: Evidence from German Proto-Industry

Ogilvie, Sheilagh - CESifo - 2002

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