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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

    as
    1. David A. Fleming & Alberto Chong & Hernán 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.
    2. 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.
    3. 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.
    4. Luca Crivelli & Sara Della Bella & Mario Lucchini, 2016. "Happiness and health," Chapters,in: Handbook of Research Methods and Applications in Happiness and Quality of Life, chapter 17, pages 372-399 Edward Elgar Publishing.
    5. 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.
    6. 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.
    7. 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.
    8. Hideki Toya & Mark Skidmore, 2014. "Do Natural Disasters Enhance Societal Trust?," Kyklos, Wiley Blackwell, vol. 67(2), pages 255-279, May.
    9. Marco Castillo & Michael Carter, 2011. "Behavioral Responses to Natural Disasters," Working Papers 1026, George Mason University, Interdisciplinary Center for Economic Science.
    10. 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.
    11. 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.
    12. 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.
    13. Leonard Goff & John F. Helliwell & Guy Mayraz, 2016. "The Welfare Costs of Well-being Inequality," NBER Working Papers 21900, National Bureau of Economic Research, Inc.
    14. 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.
    15. 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.
    16. 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.
    17. 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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    Citations

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    Cited by:

    1. 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.
    2. 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.
    3. 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.
    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 (US).

    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;

    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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