| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP10749 |
| DP10749 Does Economic Prosperity Breed Trust? | |
| Mark Gradstein; Alberto Chong | |
| 发表日期 | 2015-08-02 |
| 出版年 | 2015 |
| 语种 | 英语 |
| 摘要 | We explore whether national economic prosperity enhances mutual generalized trust. This is done using panel data of multiple waves of the World Values Surveys, whereby national income levels are instrumented for using exogenous oil price shocks. We find significant and substantial effects of national income on the level of trust in the economy. In particular, a one percent increase in national income tends to cause an average increase of one percentage point (or more) in the likelihood that a person becomes trustful. One possible rationalization for this, exhibited in a simple model, is that perceived prosperity signals that many people are trustworthy. |
| 主题 | Macroeconomics and Growth |
| 关键词 | Generalized trust National income Oil price shocks |
| URL | https://cepr.org/publications/dp10749 |
| 来源智库 | Centre for Economic Policy Research (United Kingdom) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/539580 |
| 推荐引用方式 GB/T 7714 | Mark Gradstein,Alberto Chong. DP10749 Does Economic Prosperity Breed Trust?. 2015. |
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