Type
Partie ou chapitre de livre
Titre
Trust, Well-Being and Growth: New Evidence and Policy Implications
Dans
Handbook of Economic Growth
Auteur(s)
ALGAN Yann - Département d'économie (Auteur)
CAHUC Pierre - École polytechnique (X) (Auteur)
AGHION Philippe - (Editeur scientifique)
DURLAUF Steven - (Editeur scientifique)
Éditeur
Elsevier B.V.
Pages
49 - 120 p.
Notes
Ce chapitre dispose d'un DOI: 10.1016/B978-0-444-53538-2.00002-2
ISBN
9780444535467
Mots clés
Trust, Growth, Economic Development, Institutions, Well-being
Résumé
EN
This survey reviews the recent research on trust, institutions, and economic development. It discusses the various measures of trust and documents the substantial heterogeneity of trust across space and time. The conceptual mechanisms that explain the influence of trust on economic performance and the methods employed to identify the causal impact of trust on economic performance are reviewed. We document the mechanisms of interactions between trust and economic development in the realms of finance, innovation, the organization of firms, the labor market, and the product market. The last part reviews recent progress to identify how institutions and policies can affect trust.

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