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The Rise and Fall of Enforcement Institutions: An Example of Religion and Secularism
Ciaian, Pavel; Pokrivcak, Jan; Kancs, d'Artis - 2011
Societies in Western civilisation enforce their rules through formal institutions such as secularism (SES), whereas in less developed civilisations often rely on informal institutions such as religion (RES). The present paper attempts to explain the determinants of societies’ choice between...
Persistent link: https://www.econbiz.de/10011496162
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Social capital, Chinese style : individualism, relational collectivism and the cultural embeddedness of the institutions-performance link
Herrmann-Pillath, Carsten - 2009
Values Survey data depicts China to be a high-trust, achievement oriented society, which does not fit into popular pictures …
Persistent link: https://www.econbiz.de/10003893084
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The fragility of social capital
Sabatini, Fabio; Antoci, Angelo; Sodini, Mauro - 2009
parameters representing the relevance of social interaction and trust in well-being and production. When material consumption and …
Persistent link: https://www.econbiz.de/10008809690
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An Empirical Investigation of the Relationship Among Generalized Morality, Institutions, Generalized Trust and Economic Growth
James, Jr., Harvey S. - 2013
morality affects growth is direct or indirect through generalized trust. The findings reveal that generalized morality is … correlated with economic growth, but its effect is manifested primarily through generalized trust when economic institutions are …
Persistent link: https://www.econbiz.de/10013075523
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The Fragility of Social Capital
Sabatini, Fabio - 2009
parameters representing the relevance of social interaction and trust in well-being and production. When material consumption and …
Persistent link: https://www.econbiz.de/10013160198
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Social Capital, Chinese Style : Individualism, Relational Collectivism and the Cultural Embeddedness of the Institutions-Performance Link
Herrmann-Pillath, Carsten - 2010
Values Survey data depicts China to be a high-trust, achievement oriented society, which does not fit into popular pictures …
Persistent link: https://www.econbiz.de/10013150798
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Inequality of Opportunity, Inequality of Income and Economic Growth
Aiyar, Shekhar S. - 2019
We posit that the relationship between income inequality and economic growth ismediated by the level of equality of opportunity, which we identify with intergenerationalmobility. In economies characterized by intergenerational rigidities, an increase in incomeinequality has persistent...
Persistent link: https://www.econbiz.de/10012889158
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Trust, Growth and Well-Being : New Evidence and Policy Implications
Algan, Yann - 2015
This survey reviews the recent research on trust, institutions and growth. It discusses the various measures of trust … and documents the substantial heterogeneity of trust across space and time. The conceptual mechanisms and the methods … employed to identify the causal impact of trust on economic performance are reviewed. We document the mechanisms of …
Persistent link: https://www.econbiz.de/10013035397
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Social Capital, Government Expenditures, and Growth
Ponzetto, Giacomo; Troiano, Ugo - Barcelona Graduate School of Economics (Barcelona GSE) - 2014
We present a tractable stochastic endogenous growth model that explains how social capital influences economic development. In our model, social capital increases citizens' awareness of government activity. Hence, it alleviates the electoral incentives to under- invest in education, whose...
Persistent link: https://www.econbiz.de/10010851377
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Social capital, government expenditures, and growth
Ponzetto, Giacomo A. M.; Troiano, Ugo - Department of Economics and Business, Universitat … - 2012
We present a tractable stochastic endogenous growth model that explains how social capital influences economic development. In our model, social capital increases citizens' awareness of government activity. Hence, it alleviates the electoral incentives to under- invest in education, whose...
Persistent link: https://www.econbiz.de/10009652113