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Social trust is linked to many desirable economic and social outcomes, but the causality between trust and institutions … institutions and norms (such as corruption perceptions, average trust levels and various aspects of economic freedom) on social … trust. The results suggest that individual trust suffers in countries with high corruption, low trust and low legal quality …
Persistent link: https://www.econbiz.de/10011536000
Trust and entrepreneurship are seen as key ingredients of long-term prosperity. However, it is not clear how these two … the relationship between trust and entrepreneurship, by proposing two mechanisms relating trust to entrepreneurship by … employees, so-called intrapreneurship. We hypothesize that generalized trust influences the prevalence of intrapreneurship in an …
Persistent link: https://www.econbiz.de/10012021623
This paper presents evidence that generalized trust promotes health. Children of immigrants in a broad set of European … in trust across countries of ancestry. The approach addresses reverse causality and concerns that the trust measure picks … trust in explaining self-assessed health. The finding is robust to accounting for individual, parental, and extensive …
Persistent link: https://www.econbiz.de/10010437064
This paper finds evidence that more democratic political institutions increase trust. Second generation immigrants with … country, those whose father was born in a more democratic country express higher trust than those whose father was born in a …
Persistent link: https://www.econbiz.de/10010206754
'amoral familism.' Moreover, strong families are complementary with more developed and democratic institutions. The results …
Persistent link: https://www.econbiz.de/10009760523
Evasive entrepreneurs innovate by circumventing or disrupting existing formal institutional frameworks by evading them. Since such evasions rarely go unnoticed, they usually lead to responses from lawmakers and regulators. We introduce a conceptual model to illustrate and map the interdependence...
Persistent link: https://www.econbiz.de/10011420647
One response to uncertainty and transactions costs in VC-finance is to compensate founders (and other key personnel) with stock options under complex contracts. Entrepreneurs are granted stock options contingent on firm performance, vesting and other criteria. While most countries tax stock...
Persistent link: https://www.econbiz.de/10011420651
that trigger migration. People may well want to stay in or move to relatively poor countries if institutions are good …, partly because good institutions have an intrinsic value for people and partly because good institutions may be a sign of … levels, we find that institutional quality matters significantly for migration. Poor institutions act as a push factor, while …
Persistent link: https://www.econbiz.de/10011305765
In some classes of models, taxes at the owner level are "neutral" and have no effect on firm activity. However, this tax neutrality is sensitive to assumptions and no longer holds in more complex models. We review recent research that incorporates greater complexity in studying the link between...
Persistent link: https://www.econbiz.de/10011343003
We explore the potential effects of the first leaders of Sub-Saharan Africa. We first outline a set of theoretical reasons for why leaders may matter particularly at the critical juncture of African independence and why this influence may be persistent. In an unbalanced panel from 40 African...
Persistent link: https://www.econbiz.de/10011346680