This research exploits the event of immigration to establish that institutions have a persistent effect on culture. It … is argued that immigrants coming from corrupt countries, tend to overtrust the institutions at the host country. This … inflated trust of immigrants is documented as the Great Expectations effect. This result is interesting and intriguing for …

This research exploits the event of immigration to establish that institutions have a persistent effect on culture. It … is argued that immigrants coming from corrupt countries, tend to overtrust the institutions at the host country. This … inflated trust of immigrants is documented as the Great Expectations effect. This result is interesting and intriguing for …

This paper aims to show that culture is an important determinant of the effectiveness of formal democratic institutions … elections. These results support the view that social capital complements democratic institutions such as elections. …

Social trust is linked to many desirable economic and social outcomes, but the causality between trust and institutions … institutions and norms (such as corruption perceptions, average trust levels and various aspects of economic freedom) on social … trust. The results suggest that individual trust suffers in countries with high corruption, low trust and low legal quality …

Social trust is linked to many desirable economic and social outcomes, but the causality between trust and institutions … institutions and norms (such as corruption perceptions, average trust levels and various aspects of economic freedom) on social … trust. The results suggest that individual trust suffers in countries with high corruption, low trust and low legal quality …

probabilistic voting model, we show that a lack of financial institutions can lead more corruption as more voters are part of the … corrupt system. Well-functioning financial institutions, in turn, can increase the political support for anti …