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In Europe differences among countries in the overall change in happiness since the early 1980s have been due chiefly to the generosity of welfare state programs - increasing happiness going with increasing generosity and declining happiness with declining generosity. This is the principal...
Persistent link: https://www.econbiz.de/10013502264
Persistent link: https://www.econbiz.de/10011481902
This paper quantifies how much of violent crime in society can be attributed to football-related violence. We study the … identify causal effects, we leverage time-series and cross-sectional variation in crime register data, comparing the number of … holidays. Our main finding shows that violent crime increases by 21.5 percent on a match day. In total, professional football …
Persistent link: https://www.econbiz.de/10012669790
We establish an inverse relationship between family ties, generalized trust and political participation. The more individuals rely on the family as a provider of services, insurance, transfer of resources, the lower is civic engagement and political participation. The latter, together with...
Persistent link: https://www.econbiz.de/10003832188
The paper analyzes the impact of institutional and cultural factors on a remarkable economic activity: the production of so-called open source software (OSS). OSS is marked by free access to the software and its source code. Copyright-based OSS licenses permit users to use, change, improve and...
Persistent link: https://www.econbiz.de/10003944119
Economists increasingly pay attention to social capital as an important determinant of macroeconomic growth performance. At the same time, there is discussion regarding the robustness of the results of empirical growth studies. In a seminal paper, Knack and Keefer (1997) assess the effect of...
Persistent link: https://www.econbiz.de/10011326961
Central banks have been made more independent in many countries. A common rationale has been the existence of a credibility (or lack-of-trust) problem for monetary policy. This indicates a possible and until now unexplored link between social trust and central-bank independence. Our empirical...
Persistent link: https://www.econbiz.de/10013090958
We establish an inverse relationship between family ties, generalized trust and political participation. The more individuals rely on the family as a provider of services, insurance, transfer of resources, the lower is civic engagement and political participation. The latter, together with...
Persistent link: https://www.econbiz.de/10013159947
The paper develops a simple model to exemplify how social trust might affect the growth of schooling through lowering transaction costs associated with employing educated individuals. In a sample of 52 countries, the paper thereafter provides empirical evidence that trust has led to faster...
Persistent link: https://www.econbiz.de/10012729874
This study examines the effects of CEO social capital on corporate risk-taking around the world.We document a significant positive relation between CEO social capital and aggregate corporate risk-taking. Further, we find that CEOs with large social capital prefer riskier investment and financial...
Persistent link: https://www.econbiz.de/10012901065