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While degraded trust and cohesion within a country are often shown to have large socioeconomic impacts, they can also have dramatic consequences when compliance is required for collective survival. We illustrate this point in the context of the COVID-19 crisis. Policy responses all over the...
Persistent link: https://www.econbiz.de/10012269883
This paper uses the COVID-19 pandemic as a case study to investigate the direct and indirect effect of beliefs of others on respondent's own beliefs and on their individual consumer sentiment. In a new online consumer survey with randomized control trials (RCTs) in Thailand and Vietnam, we...
Persistent link: https://www.econbiz.de/10012623121
This paper investigates how persistent changes in trust caused by the Great Recession have affected how governments and citizens across Europe responded to the next global crisis: the COVID-19 pandemic. We show that increases in individualism and mistrust towards institutions caused by...
Persistent link: https://www.econbiz.de/10014477449
Health care systems need to be resilient to deal with disasters like the global spread of the Severe Acute Respiratory Syndrome Coronavirus (SARS-CoV-2) on top of serving the changing needs of a multi-morbid, ageing and often dispersed population. This paper identifies, discusses and augments...
Persistent link: https://www.econbiz.de/10014495368
Phenomenal increases in food prices in 2007 and 2008 caused governments around the globe to panic. During the chaos which ensued, most developing countries responded to the crisis with a convoluted array of policies intended to stabilize domestic markets, placate consumers and other...
Persistent link: https://www.econbiz.de/10010319822
We analyze consumer sentiment with a novel survey of Thai and Vietnamese consumers conducted in May 2020, that is, shortly after the end of the immediate lockdown due to the COVID-19 pandemic. In a randomized control trial, we expose subgroups of the survey respondents to four different...
Persistent link: https://www.econbiz.de/10012550153
This paper presents a model to explore the welfare effects of the government's choice over two types of public goods provision: domestic regulatory and security spending (adjudication) versus education. Output is a function of physical and social capital, both of which can be heterogeneous...
Persistent link: https://www.econbiz.de/10011440133
This paper uses a survey among students at European universities to explore whether Russia's invasion of Ukraine has affected attitudes toward European integration. Some respondents completed the survey just before Russia's assault on February 24, 2022, and some did so just afterwards, thus...
Persistent link: https://www.econbiz.de/10013427669
This paper uses a survey among students at European universities to explore whether Russia's invasion of Ukraine has affected attitudes toward European integration. Some respondents completed the survey just before Russia's assault on February 24, 2022, and some did so just afterwards, thus...
Persistent link: https://www.econbiz.de/10013432939
Tolerance - respecting individual choice and differences among people - is a prominent feature of modern European culture. That immigrants embrace this kind of liberal value is arguably important for integration, a central policy goal. We provide a rigorous study of what factors in the ancestral...
Persistent link: https://www.econbiz.de/10012145507