We investigate the effects of both trust and sociability for stock market participation, the role of which has been …, Ageing and Retirement in Europe supplemented with regional information on generalized trust from the World Value Survey and … on specific trust to financial institutions from Eurobarometer. We show that trust and sociability have distinct and …

limit individuals' range of trading partners. This paper aims at understanding the determinants of trust at various social … increase in trust following a reduction in social distance comes from the fact that trustors are much more inclined to follow … trust is mainly driven by social preferences. Nevertheless, trustors underestimate their friend's intrinsic motivation to …

trust in laboratory games. The paper employs experimental data for representative samples of individuals in four Latin … American capital cities (Bogota, Lima, Montevideo, and San Jose), finding that participation in welfare programs damage trust … the notion that low take-up rates may be due to stigma linked with trust and social capital, rather than transaction costs. …

raises the other players' beliefs about the donors' trustworthiness in a simple trust game. Consequently, donors receive …