Showing 1 - 10 of 29
We present new evidence on the influence of income inequality on generalized trust. Using individual panel data from … especially differences among people in the bottom half of the income distribution, are associated with lower trust. The … relationship between income inequality and trust is particularly strong for people with a strong aversion against income …
Persistent link: https://www.econbiz.de/10010320115
We present new evidence on the influence of income inequality on generalized trust. Using individual panel data from … differences among people in the bottom half of the income distribution, are associated with lower trust. The relationship between … income inequality and trust is particularly strong for people with a strong aversion against income differentials. We also …
Persistent link: https://www.econbiz.de/10010321606
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 … of economic institutions, we use newer data, we incorporate more countries, and we use instrumental variables to handle … Freedom Index) increase trust. The idea is that a market economy, building on voluntary transactions and interactions with …
Persistent link: https://www.econbiz.de/10010321621
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
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
This paper reviews the literature on economic inequality and trust. Cross-country studies, within-country studies, and … experiments all suggest that economic inequality exerts a negative influence on trust. Four mechanisms are proposed to explain the …
Persistent link: https://www.econbiz.de/10010320141
We present new evidence on the influence of income inequality on generalized trust. Using individual panel data from … differences among people in the bottom half of the income distribution, are associated with lower trust. The relationship between … income inequality and trust is particularly strong for people with a strong aversion against income differentials. We also …
Persistent link: https://www.econbiz.de/10005190452
We present new evidence on how generalized trust is formed. Unlike previous studies, we look at the explanatory power … of economic institutions, we use newer data, we incorporate more countries, and we use instrumental variables to handle … Freedom Index) increase trust. The idea is that a market economy, building on voluntary transactions and interactions with …
Persistent link: https://www.econbiz.de/10005196916
This paper reviews the literature on economic inequality and trust. Cross-country studies, within-country studies, and … experiments all suggest that economic inequality exerts a negative influence on trust. Four mechanisms are proposed to explain the …
Persistent link: https://www.econbiz.de/10005029285