It is well‐known that institutions and social capital are important determinants of economic development, and that trust is an important component of social capital. In this paper, factor analysis and three regression models are employed to analyze determinants of trust in central and eastern...

Does religious and denominational background affect earnings and human capital investment? This paper examines religious background and human capital formation for a sample of males from the year 2000 wave of the National Longitudinal Survey Youth 1979 Cohort. This survey provides information...

Purpose – The purpose is to outline and illustrate the economic theory of parental self‐interest and its implications for the entitlements of children according to their gender, and using empirical data, to determine the extent to which the theory is reflected in discrimination of parents...

Purpose – The purpose of this study is to examine the impact of income inequality on economic growth in the US. Design/methodology/approach – This paper applies the endogenous growth model including human capital and technological progress. The generalized autoregressive conditional...

Purpose – Whereas a combination of unique historical conditions and a specific set of public policies in the United States enabled labor to significantly increase its relative power during the quarter century following World War II, this halcyon period for labor was followed by a period of...

Purpose – The paper attempts to empirically assess whether GDP per capita or the human capital index is a better measure of happiness. Design/methodology/approach – Cross‐country regressions are run to see how GDP per capita fairs in comparison to the human capital index in explaining...

Purpose – The aim of this paper is to assess whether employment insecurity/instability is a necessary consequence of operating as a self‐employed worker in the external labour market (ELM) and to examine the role for social capital to influence any such potential insecurity/instability....