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Contribution Details

Type Journal Article
Scope Discipline-based scholarship
Title What do cross-country surveys tell us about social capital?
Organization Unit
Authors
  • David Tannenbaum
  • Alain Cohn
  • Christian Lukas Zünd
  • Michel Maréchal
Item Subtype Original Work
Refereed Yes
Status Published electronically before print/final form (Epub ahead of print)
Language
  • English
Journal Title The Review of Economics and Statistics
Publisher MIT Press
Geographical Reach international
ISSN 0034-6535
Page Range Epub ahead of print
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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Digital Object Identifier 10.1162/rest_a_01245
Other Identification Number merlin-id:23240
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Keywords Economics and econometrics, social sciences (miscellaneous)