Nannicini, Tommaso; Stella, Andrea; Tabellini, Guido; … - In: American Economic Journal: Economic Policy 5 (2013) 2, pp. 222-50
We investigate a channel through which social capital may improve economic well-being and the functioning of institutions: political accountability. The main idea is that voters who share values and beliefs that foster cooperation are more likely to vote based on criteria of social welfare...