National income and trust

Markus Brückner, Alberto Chong, Mark Gradstein

Producción científica: Contribución a una revistaArtículo de revista revisión exhaustiva


We explore whether national economic prosperity enhances mutual generalized trust. This is done using a 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 1% increase in national income tends to cause an average increase of 1 percentage point (or more) in the likelihood that a person becomes trustful. We also identify crime and corruption as potential mechanisms that may lead to the reported causal effect and explore heterogeneous effects across individuals.

Idioma originalInglés
Páginas (desde-hasta)293-314
Número de páginas22
PublicaciónReview of Development Economics
Fecha en línea anticipada7 oct. 2020
EstadoPublicada - feb. 2021

Palabras clave

  • corruption
  • crime
  • national income
  • oil price shocks
  • trust


Profundice en los temas de investigación de 'National income and trust'. En conjunto forman una huella única.

Citar esto