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We establish an inverse relationship between family ties, generalized trust and political participation. The more … political participation. The latter, together with trust, are part of what is known as social capital, therefore in this paper …
Persistent link: https://www.econbiz.de/10010269028
OSS. Also, social capital in terms of interpersonal trust has a positive impact on the number of OSS developers as well as …
Persistent link: https://www.econbiz.de/10010273829
social capital interpreted as interpersonal trust, an optimistic view of scientific progress, a low degree of regulation as …
Persistent link: https://www.econbiz.de/10010273832
have been identified. However, the impact of trust on reforms has so far never been addressed. We provide theoretical … arguments why trust should influence institutional changes and test the relationship empirically. We find a significant positive … relation between trust and reforms with regard to government size, the legal system, and deregulation of private businesses and …
Persistent link: https://www.econbiz.de/10010298064
This paper analyses the hypothesis that the robust relationship between trust - as measured by the World Values Survey … results reveal that the correlation between trust and economic growth is robust in terms of statistical significance and sign … underlining the existing empirical evidence that trust matters in explaining differences in economic performance, our results also …
Persistent link: https://www.econbiz.de/10010286474
In the aftermath of the financial crisis trust, in the European Central Bank (ECB) has reached an historical low … total of 312 observations, this paper detects a structural break in citizens’ trust in the ECB. The paper confirms that … during the pre-crisis period, citizens’ trust in the ECB was driven by economic growth. In crisis time, however, trust in the …
Persistent link: https://www.econbiz.de/10010311682
Some researchers claim that diverse populations lead to less trust. Generalized trust is a core value that leads to …
Persistent link: https://www.econbiz.de/10010312342
We examine the effect of generalized trust on long-term economic growth. Unlike in previous studies, we use Bayesian … model averaging to deal rigorously with model uncertainty and attendant omitted variable bias. In addition, we address … endogeneity and assess whether the effect of trust on growth is causal. Examining more than forty regressors for nearly fifty …
Persistent link: https://www.econbiz.de/10010318411