Published in:Published as "Economic inequality" in Svendsen, G. T. and Svendsen, G. L. H. (eds.), Handbook of Social Capital, Edward Elgar, 2009
Extent:
1 Online-Ressource (22 p)
Language:
English
DOI:
10.2139/ssrn.1012786
Identifier:
Origination:
Footnote:
Nach Informationen von SSRN wurde die ursprüngliche Fassung des Dokuments August 21, 2007 erstellt
Description:
This paper reviews the literature on economic inequality and trust. Cross-country studies, within-country studies, and experiments all suggest that economic inequality exerts a negative influence on trust. Four mechanisms are proposed to explain the negative relationship: social ties (or networks), inference on social relationships (to see inequality as a signal of untrustworthy behavior), conflicts over resources, and opportunity cost of time. Social ties receive the strongest empirical support, but there is also some evidence in favor of inference on social relationships. Conflicts over resources and opportunity cost of time are contradicted by important pieces of evidence