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What is Social Capital? The Determinants of Trust and Trustworthiness / Edward L. Glaeser, David Laibson, Jose A. Scheinkman, Christine L. Soutter.
- Format:
- Book
- Author/Creator:
- Glaeser, Edward L.
- Series:
- Working Paper Series (National Bureau of Economic Research) no. w7216.
- NBER working paper series no. w7216
- Language:
- English
- Physical Description:
- 1 online resource: illustrations (black and white);
- Place of Publication:
- Cambridge, Mass. National Bureau of Economic Research 1999.
- Summary:
- Using a sample of Harvard undergraduates, we analyze trust and social capital in two experiments. Trusting behavior and trustworthiness rise with social connection; differences in race and nationality reduce the level of trustworthiness. Certain individuals appear to be persistently more trusting, but these people do not say they are more trusting in surveys. Survey questions about trust predict trustworthiness not trust. Only children are less trustworthy. People behave in a more trustworthy manner towards higher status individuals, and therefore status increases earnings in the experiment. As such, high status persons can be said to have more social capital.
- Notes:
- Print version record
- July 1999.
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