Showing 1 - 10 of 22
We conduct an extensive robustness analysis of the relationship between trust and growth for a later time period (the … results. We find that the trust-growth relationship is less robust with respect to empirical specification and to countries in … the sample than previously claimed, and that outliers affect the results. Nevertheless trust seems quite important …
Persistent link: https://www.econbiz.de/10005419167
While previous research documents a negative relationship between government size and economic growth, suggesting an economic cost of big government, a given government size generally affects growth differently in different countries. As a possible explanation of this differential effect, we...
Persistent link: https://www.econbiz.de/10011241842
credibility (or lack-of-trust) problem for monetary policy. This indicates a possible and until now unexplored link between social … trust and central-bank independence. Our empirical findings, based on data from 149 countries, confirm that there is such a … of reform and the ability with which it can be implemented. At low trust levels, the need for central-bank independence …
Persistent link: https://www.econbiz.de/10010699278
We look at the effect of importance of religion in daily life on social trust, defined as the share of a population … trust, both internationally and within the U.S. The size of this association increases with the degree of religious …
Persistent link: https://www.econbiz.de/10011048103
While previous research documents a negative relationship between government size and economic growth, suggesting an economic cost of big government, a given government size generally affects growth differently in different countries. As a possible explanation of this differential effect, we...
Persistent link: https://www.econbiz.de/10010945001
credibility (or lack-of-trust) problem for monetary policy. This indicates a possible and until now unexplored link between social … trust and central-bank independence. Our empirical findings, based on data from 149 countries, confirm such a link, in the … and the ability with which it can be implemented. At low trust, the need for central-bank independence is sufficiently …
Persistent link: https://www.econbiz.de/10011056298
We conduct an extensive robustness analysis of the relationship between trust and growth by investigating a later time …. We find that when outliers (especially China) are removed, the trust-growth relationship is no longer robust. On average …, the trust coefficient is half as large as in previous findings. …
Persistent link: https://www.econbiz.de/10010320031
credibility (or lack-of-trust) problem for monetary policy. This indicates a possible and until now unexplored link between social … trust and central-bank independence. Our empirical findings, based on data from 149 countries, confirm that there is such a … of reform and the ability with which it can be implemented. At low trust levels, the need for central-bank independence …
Persistent link: https://www.econbiz.de/10010320270
We conduct an extensive robustness analysis of the relationship between trust and growth for a later time period (the … results. We find that the trust-growth relationship is less robust with respect to empirical specification and to countries in … the sample than previously claimed, and that outliers affect the results. Nevertheless trust seems quite important …
Persistent link: https://www.econbiz.de/10010321616
We present new evidence on how generalized trust is formed. Unlike previous studies, we look at the explanatory power … Freedom Index) increase trust. The idea is that a market economy, building on voluntary transactions and interactions with … for trust to emerge between people. …
Persistent link: https://www.econbiz.de/10010321621