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-employed individuals, we find robust evidence that women in Italy pay more for overdraft facilities than men. We could not find any … evidence that women are riskier then men. The male/female differential remains even after controlling for a large number of … characteristics of the type of business, the borrower and the market structure of the credit market. The result is not driven by women …
Persistent link: https://www.econbiz.de/10012770789
A number of development assistance programs promote community interaction as a means of building social capital. Yet, despite strong theoretical underpinnings, the role of repeat interactions in sustaining cooperation has proven difficult to identify empirically. We provide the first...
Persistent link: https://www.econbiz.de/10013069841
We establish an inverse relationship between family ties and political participation, such that the more individuals rely on the family as a provider of services, insurance, transfer of resources, the lower is one's civic engagment and political participation. We also show that strong family...
Persistent link: https://www.econbiz.de/10013150644
In quot;Bowling Alone,quot; Putnam (1995) famously argued that the rise of television may be responsible for social capital's decline. I investigate this hypothesis in the context of Indonesian villages. To identify the impact of exposure to television (and radio), I exploit plausibly exogenous...
Persistent link: https://www.econbiz.de/10012778287
This paper summarizes recent empirical research on the determinants of subjective well-being. Results from national and international samples suggest that measures of social capital, including especially the corollary measures of specific and general trust, have substantial effects on well-being...
Persistent link: https://www.econbiz.de/10012783345
We explore the links between social capital and labor market networks at the neighborhood level. We harness rich data taken from multiple sources, including matched employer-employee data with which we measure the strength of labor market networks, data on behavior such as voting patterns that...
Persistent link: https://www.econbiz.de/10012900794
In a cross-section of countries, government regulation is strongly negatively correlated with social capital. We document this correlation, and present a model explaining it. In the model, distrust creates public demand for regulation, while regulation in turn discourages social capital...
Persistent link: https://www.econbiz.de/10012757998
We investigate the degree of financial integration within and between European countries. We construct two measures of de-facto integration across European regions to capture quot;diversificationquot; and quot;developmentquot; finance in the language of Obstfeld and Taylor (2004). We find...
Persistent link: https://www.econbiz.de/10012759795
This paper takes a different tack in addressing one of the fundamental questions in economics: what are the factors that determine the distribution of jobs and wages? In Adam Smith%u2019s classic formulation, and in much of the subsequent literature, wage levels have been used to estimate the...
Persistent link: https://www.econbiz.de/10012761907
To identify the effect of social capital on financial development, we exploit the well-known differences in social capital and trust (Banfield (1958), Putnam (1993)) across different parts of Italy, using microeconomic data on households and firms. In areas of the country with high levels of...
Persistent link: https://www.econbiz.de/10012763754