Bursian, Dirk; Weichenrieder, Alfons J.; Zimmer, Jochen - 2014
high growth, but based on a simple stylized model of government behavior the expectation is that mainly high trust … countries provides support for this expectation. The difference in fiscal policies depending on government trust levels may help … explaining why better governed countries have been found to have less severe business cycles. It suggests that trust and …
