major indicator of firm micro level corruption while dividend policy is not. The results show maturity stage firms have the …

perception of decline be reconciled with a reality of growth? The answer is that the "decline" which is perceived is a decline in … is in terminal decline, and that the lost output is being replaced by imports from the developing world. Almost daily … employment in the industrial sector, but this decline is more than counterbalanced by the rise of productivity, so that the …

period of unusual expansion. Much of the decline can be attributed to a reduced flow of lending by banks – particularly to …

corresponding stress/strain dynamics and the levels of trust between stakeholders. Key research propositions are derived from the …

We develop a Kaleckian model of growth with an endogenous employment rate and investigate the features following … state. We also assume that capital accumulation is a decreasing function in employment to consider maturity which defines … the saving rate does not make the growth rate decrease, but the utilization decrease. In addition to that, an increase in …

The paper extends Breggren et al. (2008, EE) on ‘trust and growth: a shaky relationship” by incorporating recent … developments in the trust-growth literature and using a robust methodological underpinning that accounts for the presence of … documented positive trust-growth nexus is broadly confirmed. Secondly, when initial levels of growth come into play in …

. We first show that trust of second-generation Americans is significantly influenced by the country of origin of their … attitudes. We show that trust inherited by second-generation Americans from their country of origins has changed over time. This … result allows us to use the inherited trust of secondgeneration Americans as a time-varying instrument to track back the …

This survey reviews the recent research on trust, institutions, and economic development. It discusses the various … measures of trust and documents the substantial heterogeneity of trust across space and time. The conceptual mechanisms that … explain the influence of trust on economic performance and the methods employed to identify the causal impact of trust on …

. We first show that trust of second-generation Americans is significantly influenced by the country of origin of their … attitudes. We show that trust inherited by second-generation Americans from their country of origins has changed over time. This … result allows us to use the inherited trust of secondgeneration Americans as a time-varying instrument to track back the …

higher growth of the experimental economy in the future. We find that trust is initially high in a treatment starting with …We study the interplay of inequality and trust in a dynamic game, where trust increases efficiency and thus allows … equal endowments, but decreases over time. In a treatment with unequal endowments, trust is initially lower yet remains …