Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/222347
Authors: 
Tannenbaum, David
Cohn, Alain
Zünd, Christian Lukas
Maréchal, Michel André
Year of Publication: 
2020
Series/Report no.: 
Working Paper No. 352
Abstract: 
We validate survey measures of social capital with a new data set that examines whether citizens report a lost wallet to its owner. Using data from more than 17,000 lost wallets across 40 countries, we find that survey measures of social capital - especially questions concerning generalized trust or generalized morality - are strongly and significantly correlated with country-level differences in wallet reporting rates. A second finding is that lost wallet reporting rates predict unique variation in economic development and government effectiveness not captured by existing measures, suggesting this data set also holds promise as a useful indicator of social capital.
Subjects: 
social capital
trust
honesty
field experiment
surveys
JEL: 
C93
C83
Z10
O10
Persistent Identifier of the first edition: 
Document Type: 
Working Paper

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