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New Evidence on Trust and Well-Being

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  • John Helliwell
  • Haifang Huang
  • Shun Wang

Abstract

This paper reports existing and fresh evidence on some of the direct and indirect linkages between trust and subjective well-being. This paper first uses data from three large international surveys – the Gallup World Poll, the World Values Survey and the European Social Survey – to estimate income-equivalent values for social trust, with a likely lower bound equivalent to a doubling of household income. [Working Paper 22450]

Suggested Citation

  • John Helliwell & Haifang Huang & Shun Wang, 2016. "New Evidence on Trust and Well-Being," Working Papers id:11131, eSocialSciences.
  • Handle: RePEc:ess:wpaper:id:11131
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    References listed on IDEAS

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    1. Matthew G. Nagler, 2013. "Does Social Capital Promote Safety On The Roads?," Economic Inquiry, Western Economic Association International, vol. 51(2), pages 1218-1231, April.
    2. Leonard Goff & John F. Helliwell & Guy Mayraz, 2018. "Inequality Of Subjective Well‐Being As A Comprehensive Measure Of Inequality," Economic Inquiry, Western Economic Association International, vol. 56(4), pages 2177-2194, October.
    3. David A. Fleming & Alberto Chong & Hern�n D. Bejarano, 2014. "Trust and Reciprocity in the Aftermath of Natural Disasters," Journal of Development Studies, Taylor & Francis Journals, vol. 50(11), pages 1482-1493, November.
    4. Yukiko Uchida & Yoshiaki Takahashi & Kentaro Kawahara, 2014. "Changes in Hedonic and Eudaimonic Well-Being After a Severe Nationwide Disaster: The Case of the Great East Japan Earthquake," Journal of Happiness Studies, Springer, vol. 15(1), pages 207-221, February.
    5. Helliwell, John F., 2003. "How's life? Combining individual and national variables to explain subjective well-being," Economic Modelling, Elsevier, vol. 20(2), pages 331-360, March.
    6. John F. Helliwell & Aneta Bonikowska & Hugh Shiplett, 2016. "Migration as a Test of the Happiness Set Point Hypothesis: Evidence from Immigration to Canada," NBER Working Papers 22601, National Bureau of Economic Research, Inc.
    7. Eiji Yamamura & Yoshiro Tsutsui & Chisako Yamane & Shoko Yamane & Nattavudh Powdthavee, 2015. "Trust and Happiness: Comparative Study Before and After the Great East Japan Earthquake," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 123(3), pages 919-935, September.
    8. Luca Crivelli & Sara Della Bella & Mario Lucchini, 2016. "Happiness and health," Chapters, in: Luigino Bruni & Pier Luigi Porta (ed.), Handbook of Research Methods and Applications in Happiness and Quality of Life, chapter 17, pages 372-399, Edward Elgar Publishing.
    9. John F. Helliwell, 2006. "Well-Being, Social Capital and Public Policy: What's New?," Economic Journal, Royal Economic Society, vol. 116(510), pages 34-45, March.
    10. Yip, Winnie & Subramanian, S.V. & Mitchell, Andrew D. & Lee, Dominic T.S. & Wang, Jian & Kawachi, Ichiro, 2007. "Does social capital enhance health and well-being? Evidence from rural China," Social Science & Medicine, Elsevier, vol. 64(1), pages 35-49, January.
    11. John F. Helliwell & Christopher P. Barrington-Leigh & Anthony Harris & Haifang Huang, 2009. "International Evidence on the Social Context of Well-Being," NBER Working Papers 14720, National Bureau of Economic Research, Inc.
    12. Lau, Maggie & Li, Wanxin, 2011. "The extent of family and school social capital promoting positive subjective well-being among primary school children in Shenzhen, China," Children and Youth Services Review, Elsevier, vol. 33(9), pages 1573-1582, September.
    13. Matthew G Nagler & Nicholas J Ward, 2016. "Lonely Highways: The Role of Social Capital in Rural Traffic Safety," Eastern Economic Journal, Palgrave Macmillan;Eastern Economic Association, vol. 42(1), pages 135-156, January.
    14. John Helliwell, 2007. "Well-Being and Social Capital: Does Suicide Pose a Puzzle?," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 81(3), pages 455-496, May.
    15. Matthew E. Kahn, 2005. "The Death Toll from Natural Disasters: The Role of Income, Geography, and Institutions," The Review of Economics and Statistics, MIT Press, vol. 87(2), pages 271-284, May.
    16. Nyla Branscombe & Angela Daley & Shelley Phipps, 2016. "Perceived Discrimination, Belonging and the Life Satisfaction of Canadian Adolescents with Disabilities," Working Papers daleconwp2016-04, Dalhousie University, Department of Economics.
    17. Hideki Toya & Mark Skidmore, 2012. "Do Natural Disasters Enhance Societal Trust?," CESifo Working Paper Series 3905, CESifo.
    18. Hideki Toya & Mark Skidmore, 2014. "Do Natural Disasters Enhance Societal Trust?," Kyklos, Wiley Blackwell, vol. 67(2), pages 255-279, May.
    19. Marco Castillo & Michael Carter, 2011. "Behavioral Responses to Natural Disasters," Working Papers 1026, George Mason University, Interdisciplinary Center for Economic Science.
    20. John Helliwell & Haifang Huang & Shun Wang, 2014. "Social Capital and Well-Being in Times of Crisis," Journal of Happiness Studies, Springer, vol. 15(1), pages 145-162, February.
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    As found by EconAcademics.org, the blog aggregator for Economics research:
    1. New Evidence on Trust and Well-being
      by maximorossi in NEP-LTV blog on 2016-09-06 01:21:12

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    Cited by:

    1. Conzo, Pierluigi & Aassve, Arnstein & Fuochi, Giulia & Mencarini, Letizia, 2017. "The cultural foundations of happiness," Journal of Economic Psychology, Elsevier, vol. 62(C), pages 268-283.
    2. Leonardo Becchetti & Luca Corazzini & Vittorio Pelligra, 2018. "We Can Be Heroes. Trust and Resilience in Corrupted Economic Environments," CEIS Research Paper 429, Tor Vergata University, CEIS, revised 11 Apr 2018.
    3. Kirk Hamilton & John F. Helliwell & Michael Woolcock, 2016. "Social Capital, Trust and Well-being in the Evaluation of Wealth," NBER Working Papers 22556, National Bureau of Economic Research, Inc.
    4. Jesse Bricker & Geng Li, 2017. "Credit Scores, Social Capital, and Stock Market Participation," Finance and Economics Discussion Series 2017-008, Board of Governors of the Federal Reserve System (U.S.).

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    More about this item

    Keywords

    International surveys; the Gallup World Poll; the World Values Survey; the European Social Survey; income-equivalent values; high-trust environment;
    All these keywords.

    JEL classification:

    • I31 - Health, Education, and Welfare - - Welfare, Well-Being, and Poverty - - - General Welfare, Well-Being
    • J15 - Labor and Demographic Economics - - Demographic Economics - - - Economics of Minorities, Races, Indigenous Peoples, and Immigrants; Non-labor Discrimination
    • O57 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - Comparative Studies of Countries

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