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We present new evidence on the influence of income inequality on generalized trust. Using individual panel data from … differences among people in the bottom half of the income distribution, are associated with lower trust. The relationship between … income inequality and trust is particularly strong for people with a strong aversion against income differentials. We also …
Persistent link: https://www.econbiz.de/10010321606
We conduct an extensive robustness analysis of the relationship between trust and growth for a later time period (the … results. We find that the trust-growth relationship is less robust with respect to empirical specification and to countries in … the sample than previously claimed, and that outliers affect the results. Nevertheless trust seems quite important …
Persistent link: https://www.econbiz.de/10010321616
We present new evidence on how generalized trust is formed. Unlike previous studies, we look at the explanatory power … Freedom Index) increase trust. The idea is that a market economy, building on voluntary transactions and interactions with … for trust to emerge between people. …
Persistent link: https://www.econbiz.de/10010321621
for employees to work in co-ethnic firms. It argues that strong social networks and related high intra-group trust …
Persistent link: https://www.econbiz.de/10010325357
This paper finds evidence that more democratic political institutions increase trust. Second generation immigrants with … country, those whose father was born in a more democratic country express higher trust than those whose father was born in a …
Persistent link: https://www.econbiz.de/10010335619
This paper presents evidence on causal influence of happiness on social capital and trust using German Socio … endogeneity problem, the paper finds that happier people trust others more, and importantly, help create more social capital …
Persistent link: https://www.econbiz.de/10011600843
This study explores social capital and its relevance to bank risk taking across countries. Our empirical results show that the levels of bank risk taking are lower in countries with higher levels of social capital, and that the impact of social capital is mainly reflected by the reduced value of...
Persistent link: https://www.econbiz.de/10011843274
We develop an overlapping generations model to study how the interplay between social and human capital affects fertility. In a framework where families face a trade-off between the quantity and quality of children, we incorporate the assumption that social capital plays a key role in the...
Persistent link: https://www.econbiz.de/10011853397
knowledge of the psychological bases of the observed outcomes of a basic trust game. Undergraduate students played a basic trust …
Persistent link: https://www.econbiz.de/10011933278
Vendettas occur in many real world settings where rivals compete for a prize, e.g., winning an election or a competitive promotion, by engaging in retaliatory aggressive behavior. We present a benchmark experiment where two players have an initial probability of winning a prize. Retaliatory...
Persistent link: https://www.econbiz.de/10010277513