G2TT
来源类型Discussion paper
规范类型论文
来源IDDP10749
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
URLhttps://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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