Trust,risk and time preferences: evidence from survey data |
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| Authors: | Giuseppe Albanese Guido de Blasio Paolo Sestito |
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| Affiliation: | 1.Catanzaro Branch,Bank of Italy,Catanzaro,Italy;2.Structural Economic Analysis Directorate,Bank of Italy,Rome,Italy |
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| Abstract: | The paper shows that time preferences and risk preferences are key covariates of self-reported trust. They both predict negatively a measure of generalized trust; however, risk aversion is positively correlated with an index of particularized trusting behaviour (which refers to the circle of known people). |
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