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The chips are down: The influence of family on children's trust formation

  • Corrado Giulietti
  • , Enrico Rettore
  • , Sara Tonini

Research output: Working paper / PreprintWorking paper

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Abstract

Understanding the formation of trust at the individual level is a key issue given the impact that it has been recognised to have on economic development. Theoretical work highlights the role of the transmission of values such as trust from parents to their children. Attempts to empirically measure the strength of this transmission relied so far on the cross-sectional regression of the trust of children on the contemporaneous trust of their parents. We introduce a new identification strategy which hinges on a panel of parents and their children drawn from the German Socio-Economic Panel. Our results show
Original languageEnglish
Place of PublicationMaastricht
PublisherUNU-MERIT
Publication statusPublished - 19 Aug 2016

Publication series

SeriesUNU-MERIT Working Papers
Number041
ISSN1871-9872

JEL classifications

  • j62 - "Job, Occupational, and Intergenerational Mobility; Promotion"
  • o15 - "Economic Development: Human Resources; Human Development; Income Distribution; Migration"
  • p16 - Capitalist Systems: Political Economy
  • z13 - Economic Sociology

Keywords

  • Economic Development,Trust
  • Intergenerational transmission
  • Siblings correlations
  • Cultural transmission

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