This setting lets you change the way you view articles. You can choose to have articles open in a dialog window, a new tab, or directly in the same window.
Open in Dialog
Open in New Tab
Open in same window

American Economic Review: Vol. 100 No. 5 (December 2010)

AER Volume. 100, Issue 5 | leftPrevious ArticleNext Articleright

Expand

Quick Tools:

Print Article Summary Email Link to this Article Export Citation
Sign up for Email Alerts Follow us on Twitter

Explore:

AER - All Issues

AER Forthcoming Articles

Inherited Trust and Growth

Article Citation

Algan, Yann, and Pierre Cahuc. 2010. "Inherited Trust and Growth." American Economic Review, 100(5): 2060-92.

DOI: 10.1257/aer.100.5.2060

Abstract

This paper develops a new method to uncover the causal effect of trust on economic growth by focusing on the inherited component of trust and its time variation. We show that inherited trust of descendants of US immigrants is significantly influenced by the country of origin and the timing of arrival of their forebears. We thus use the inherited trust of descendants of US immigrants as a time-varying measure of inherited trust in their country of origin. This strategy allows to identify the sizeable causal impact of inherited trust on worldwide growth during the twentieth century by controlling for country fixed effects. (JEL N11, N12, N31, N32, O47, Z13)

Article Full-Text Access

Full-text Article

Additional Materials

Download Data Set (913.76 KB)

Authors

Algan, Yann (Sciences Po, Paris)
Cahuc, Pierre (Ecole Polytechnique, Malakoff)

JEL Classifications

N11: Economic History: Macroeconomics; Growth and Fluctuations: U.S.; Canada: Pre-1913
N12: Economic History: Macroeconomics; Growth and Fluctuations: U.S.; Canada: 1913-
N31: Economic History: Labor and Consumers, Demography, Education, Health, Welfare, Income, Wealth, Religion, and Philanthropy: U.S.; Canada: Pre-1913
N32: Economic History: Labor and Consumers, Demography, Education, Health, Welfare, Income, Wealth, Religion, and Philanthropy: U.S.; Canada: 1913-
O47: Measurement of Economic Growth; Aggregate Productivity; Cross-Country Output Convergence
Z13: Economic Sociology; Economic Anthropology; Social and Economic Stratification


American Economic Review



AEA Member Login:


Quick Tools:

Email Link to this Issue

Sign up for Email Alerts

Follow us on Twitter

Subscription Information
(Institutional Administrator Access)

Explore:

AER - All Issues

AER - Forthcoming Articles

AEA Journals

Virtual Field Journals

AEAweb | AEA Journals | Contact Us