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Transaction costs are a major reason why international trade flows are much smaller than traditional trade theory would suggest. Trust between trading partners lowers transaction costs and may therefore enhance trade. The empirical analysis of this paper shows that more trust leads to more trade...
Persistent link: https://www.econbiz.de/10011334351
Transaction costs are a major reason why international trade flows are much smaller than traditional trade theory would suggest. Trust between trading partners lowers transaction costs and may therefore enhance trade. The empirical analysis of this paper shows that more trust leads to more trade...
Persistent link: https://www.econbiz.de/10014074887
the most suffered the biggest loss in confidence in institutions, particularly in trust in government and the financial … sector. Finally, analysis of several repeated cross-sections of confidence within U.S. states yields similar qualitative … patterns, but much smaller magnitudes in response to state-specific shocks. -- trust ; institutions ; confidence ; survey data …
Persistent link: https://www.econbiz.de/10009011131
This paper examines the effect of exposure to a culture of easier divorce as a minor on generalized trust using the General Social Survey from 1973-2010. The easier divorce culture is defined as the introduction of no-fault including unilateral divorce reforms across the US. According to the...
Persistent link: https://www.econbiz.de/10010247345
the most suffered the biggest loss in confidence in institutions, particularly in trust in government and the financial … sector. Finally, analysis of several repeated cross-sections of confidence within U.S. states yields similar qualitative … patterns, but much smaller magnitudes in response to state-specific shocks. -- trust ; institutions ; confidence ; survey data …
Persistent link: https://www.econbiz.de/10009233928
This paper examines the effect of exposure to a culture of easier divorce as a minor on generalized trust using the General Social Survey from 1973-2010. The easier divorce culture is defined as the introduction of no-fault including unilateral divorce reforms across the US.According to the...
Persistent link: https://www.econbiz.de/10013058303
This paper analyzes the effectiveness of social capital in reducing the negative externalities associated with stress, as well as the physical and psychological strain indicators among police officers. Despite the fact that there is a large multidisciplinary literature on stress or on social...
Persistent link: https://www.econbiz.de/10009736620
This paper explores the determinants of social trust, as measured by perceived honesty, in 48 US states across three periods. The results show support for the detrimental effects of income inequality but no or little support for a set of popular alternative theories. The trust decline in recent...
Persistent link: https://www.econbiz.de/10014214771
Persistent link: https://www.econbiz.de/10008658105
Transaction costs are a major reason why international trade flows are much smaller than traditional trade theory would suggest. Trust between trading partners lowers transaction costs and may therefore enhance trade. The empirical analysis of this paper shows that more trust leads to more trade...
Persistent link: https://www.econbiz.de/10010324925