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Economic Development, Inequality and Generalized Trust

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  • Kyriacou, Andreas
  • Trivin, Pedro

Abstract

We argue that the positive impact of economic development on generalized trust is likely to be undermined by income inequality. Our empirical evidence, based on a panel of up to 89 countries, provides robust support for this assertion.

Suggested Citation

  • Kyriacou, Andreas & Trivin, Pedro, 2018. "Economic Development, Inequality and Generalized Trust," MPRA Paper 91651, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:91651
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    References listed on IDEAS

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    More about this item

    Keywords

    development; income inequality; generalized trust; panel data;
    All these keywords.

    JEL classification:

    • D31 - Microeconomics - - Distribution - - - Personal Income and Wealth Distribution
    • O15 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Economic Development: Human Resources; Human Development; Income Distribution; Migration
    • Z13 - Other Special Topics - - Cultural Economics - - - Economic Sociology; Economic Anthropology; Language; Social and Economic Stratification

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