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Contribution Details
| Type | Working Paper |
| Scope | Discipline-based scholarship |
| Title | What do cross-country surveys tell us about social capital? |
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| Institution | University of Zurich |
| Series Name | Working paper series / Department of Economics |
| Number | 352 |
| ISSN | 1664-705X |
| Number of Pages | 20 |
| Date | 2022 |
| Abstract Text | We assess the predictive power of survey measures of social capital with a new behavioral data set that examines whether citizens report a lost wallet to its owner. Using data from more than 17,000 “lost” wallets across 40 countries, we find that survey measures of social capital — especially questions concerning generalized trust or generalized morality—are strongly and significantly correlated with country-level differences in wallet reporting rates. A second finding is that lost wallet reporting rates predict unique variation in the outputs of social capital, such as economic development and government effectiveness, not captured by existing measures. |
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| Other Identification Number | merlin-id:19554 |
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| Keywords | Social capital, trust, honesty, field experiment, surveys |
| Additional Information | Revised version; Former title: What do lost wallets tell us about survey measures of social capital? |