Economic Development, Inequality and Generalized Trust

Kyriacou, Andreas and Trivin, Pedro (2018): Economic Development, Inequality and Generalized Trust.

Abstract

We argue that the positive impact of economic development on generalized trust is likely to be undermined by income inequality. Our empirical evidence, based on a panel of up to 89 countries, provides robust support for this assertion.

• Item Type: MPRA Paper
• Language: English
• Keywords: development, income inequality, generalized trust, panel data
• Subjects: D - Microeconomics > D3 - Distribution > D31 - Personal Income, Wealth, and Their Distributions; O - Economic Development, Innovation, Technological Change, and Growth > O1 - Economic Development > O15 - Human Resources ; Human Development ; Income Distribution ; Migration; Z - Other Special Topics > Z1 - Cultural Economics ; Economic Sociology ; Economic Anthropology > Z13 - Economic Sociology ; Economic Anthropology ; Social and Economic Stratification

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