Showing 1 - 10 of 22
political participation. We also show that strong family ties appear to be a substitute for generalized trust, rather than a … complement to it. These three constructs-civic engagement, political participation, and trust- are part of what is known as …
Persistent link: https://www.econbiz.de/10012463234
model is that individuals in low trust countries want more government intervention even though the government is corrupt. We … government's role, as well as on changes in beliefs and in trust during the transition from socialism …
Persistent link: https://www.econbiz.de/10012464001
welfare returns to investing in trust could be substantial. Using social trust data from 132 nations covered by the Gallup … World Poll, we present a range of estimates of social trust's wealth-equivalent values. The estimates of the wealth embodied …. These estimates reflect values above and beyond what social trust contributes to supporting incomes and health. Although …
Persistent link: https://www.econbiz.de/10012456123
We argue that the intrinsic inefficiency of proprietary software has historically created a space for alternative institutions that provide software as a public good. We discuss several sources of such inefficiency, focusing on one that has not been described in the literature: the...
Persistent link: https://www.econbiz.de/10012463702
Persistent link: https://www.econbiz.de/10012213065
Output per worker varies enormously across countries. Why? On an accounting basis, our analysis shows that differences in physical capital and educational attainment can only partially explain the variation in output per worker we find a large amount of variation in the level of the Solow...
Persistent link: https://www.econbiz.de/10012471639
capital does play a role: high levels of trust loosen credit conditions by lowering interest rates, but this benefit is not …
Persistent link: https://www.econbiz.de/10012464445
This paper attempts to explain international and inter-personal differences in subjective well-being over the final fifth of the twentieth century. The empirical work makes use of data from three waves of the World Values survey covering about fifty different countries. The analysis proceeds in...
Persistent link: https://www.econbiz.de/10012469648
A network/search view of international trade in differentiated products is proposed. It is shown that this view can explain the importance of ethnic and extended family ties in trade, the success of diversified trading intermediaries such as Japan's sogo shosha, and the ubiquity of government...
Persistent link: https://www.econbiz.de/10012473227
This paper shows that social capital increases economic growth by raising government investment in human capital. We present a model of stochastic endogenous growth with imperfect political agency. Only some people correctly anticipate the future returns to current spending on public education....
Persistent link: https://www.econbiz.de/10012453183