Showing 1 - 10 of 303
We provide the first quantitative synthesis of the literature on how financial markets react to the disclosure of financial crimes committed by listed firms. While consensus expects negative stock price returns, the exact size of the effect is far from clear. We survey 111 studies published over...
Persistent link: https://www.econbiz.de/10014307133
Can a major shock in childhood permanently shape trust? We consider a hunger episode in Germany after WWII and … regional and temporal variation. We correlate hunger exposure with measures of trust using data from a nationally … significantly lower levels of trust as adults. This finding highlights that early-life experiences can have long-term effects in …
Persistent link: https://www.econbiz.de/10011540782
This study presents new evidence on individual and community-specific determinants of social trust using data from 96 … villages in Bangladesh. We find perceived institutional trust to be positively correlated with stated inter-personal trust. At … the same time, there is significant social distance among various faith groups in our data: both Hindus and Muslims trust …
Persistent link: https://www.econbiz.de/10011528173
We propose that religion impacts trust and trustworthiness in ways that depend on how individuals are socially … are, as well as actual trust and trustworthiness are measured incentive compatibly. We find that interpersonal similarity … in religiosity and affiliation promote trust through beliefs of reciprocity. Religious participants also believe that …
Persistent link: https://www.econbiz.de/10011449226
classic simple bargaining games (ultimatum, dictator, and trust games). Specifically, we experimentally manipulate sleep … time‐of‐day of the decisions. We find a robust result of increased greed, reduced trust, and reduced trustworthiness …
Persistent link: https://www.econbiz.de/10011450381
This study presents descriptive and causal evidence on the role of social environment for the formation of prosociality. In a first step, we show that socio-economic status (SES) as well as the intensity of mother-child interaction and mothers’ prosocial attitudes are systematically related to...
Persistent link: https://www.econbiz.de/10011455853
By examining discrepancies between officially reported GDP growth figures and the actual economic growth implied by satellite-based night time light (NTL) density, we investigate whether democracies manipulate officially reported GDP figures, and if so, whether such manipulation pays political...
Persistent link: https://www.econbiz.de/10012022263
more effective when contracts are unverifiable because they help market participants overcome problems of trust. On the …
Persistent link: https://www.econbiz.de/10012022699
-behaved statistical properties, and we show that ethnic stratification is empirically related to low levels of trust in other people and …
Persistent link: https://www.econbiz.de/10011942823
In less developed countries the state does not extends its legality homogenously. A share of the population suffers its absence or its illegal presence. In this article we argue that such irregular state intervention has more negative consequences that previously thought. Individuals who suffer...
Persistent link: https://www.econbiz.de/10012033462