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8,709
Does Social Capital Have an Economic Payoff? A Cross-Country Investigation
- Quarterly Journal of Economics
, 1997
"... This paper presents evidence that “social capital ” matters for measurable economic performance, using indicators of trust and civic norms from the World Values Surveys for a sample of 29 market economies. Memberships in formal groups—Putnam’s measure of social capital—is not associated with trust o ..."
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Cited by 1406 (9 self)
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This paper presents evidence that “social capital ” matters for measurable economic performance, using indicators of trust and civic norms from the World Values Surveys for a sample of 29 market economies. Memberships in formal groups—Putnam’s measure of social capital—is not associated with trust
Information Filtering and Information Retrieval: Two Sides of the Same Coin
- COMMUNICATIONS OF THE ACM
, 1992
"... Information filtering systems are designed for unstructured or semistructured data, as opposed to database applications, which use very structured data. The systems also deal primarily with textual information, but they may also entail images, voice, video or other data types that are part of multim ..."
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Cited by 441 (6 self)
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of multimedia information systems. Information filtering systems also involve a large amount of data and streams of incoming data, whether broadcast from a remote source or sent directly by other sources. Filtering is based on descriptions of individual or group information preferences, or profiles
The Determinants of Credit Spread Changes.
- Journal of Finance
, 2001
"... ABSTRACT Using dealer's quotes and transactions prices on straight industrial bonds, we investigate the determinants of credit spread changes. Variables that should in theory determine credit spread changes have rather limited explanatory power. Further, the residuals from this regression are ..."
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Cited by 422 (2 self)
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, and maturity groups. Note that this result by itself is not surprising, since theory predicts that all credit spreads should be affected by aggregate variables such as changes in the interest rate, changes in business climate, changes in market volatility, etc. The particularly surprising aspect of our results
Does Income Inequality Lead to Consumption Inequality? Evidence and Theory
, 2005
"... Using data from the Consumer Expenditure Survey, we first document that the recent increase in income inequality in the United States has not been accompanied by a corresponding rise in consumption inequality. Much of this divergence is due to different trends in within-group inequality, which has i ..."
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Cited by 364 (28 self)
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Using data from the Consumer Expenditure Survey, we first document that the recent increase in income inequality in the United States has not been accompanied by a corresponding rise in consumption inequality. Much of this divergence is due to different trends in within-group inequality, which has
How Social Security and Medicare Affect Retirement Behavior in a World of Incomplete Markets
- ECONOMETRICA
, 1997
"... This paper provides an empirical analysis of how the U.S. Social Security and Medicare insurance system affect the labor supply of older males in the presence of incomplete markets for loans, annuities, and health insurance. We estimate a detailed dynamic programming (DP) model of the joint labor ..."
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Cited by 371 (11 self)
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supply and Social Security acceptance decision, focusing on a sample of males in the low to middle income brackets whose only pension is Social Security. The DP model delivers a rich set of predictions about the dynamics of retirement behavior, and comparisons of actual vs. predicted behavior show
Consumption Over the Life Cycle
- Econometrica
, 1995
"... This paper employs a synthetic cohort technique and Consumer Expenditure Survey data to construct average age-profiles of consumption and income over the working lives of typical households across different education and occupation groups. Even after controlling for family and cohort effects, ty ..."
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Cited by 357 (17 self)
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This paper employs a synthetic cohort technique and Consumer Expenditure Survey data to construct average age-profiles of consumption and income over the working lives of typical households across different education and occupation groups. Even after controlling for family and cohort effects
Inequality and happiness: are Europeans and Americans different?
, 2004
"... We study the effect of the level of inequality in society on individual well-being using a total of 123,668 answers to a survey question about ‘‘happiness’’. We find that individuals have a lower tendency to report themselves happy when inequality is high, even after controlling for individual incom ..."
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Cited by 299 (8 self)
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income, a large set of personal characteristics, and year and country (or, in the case of the US, state) dummies. The effect, however, is more precisely defined statistically in Europe than in the US. In addition, we find striking differences across groups. In Europe, the poor and those on the left
Who trusts others?
, 2002
"... Both individual experiences and community characteristics influence how much people trust each other. Using individual level data drawn from US localities we find that the strongest factors associated with low trust are: (i) a recent history of traumatic experiences; (ii) belonging to a group that h ..."
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Cited by 297 (8 self)
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Both individual experiences and community characteristics influence how much people trust each other. Using individual level data drawn from US localities we find that the strongest factors associated with low trust are: (i) a recent history of traumatic experiences; (ii) belonging to a group
Developments in the Measurement of Subjective Well-Being
- Psychological Science.
, 1993
"... F or good reasons, economists have had a long-standing preference for studying peoples' revealed preferences; that is, looking at individuals' actual choices and decisions rather than their stated intentions or subjective reports of likes and dislikes. Yet people often make choices that b ..."
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Cited by 284 (7 self)
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such as very pleasant and very unpleasant and by a neutral value. In a similar fashion, public opinion during a political debate is sometimes assessed by means of a "dial group," in which a group of observers continually indicate their pleasure or displeasure with the candidates' views
Equalizing Exchange, Trade Liberalization and Income Convergence”, Quarterly
- Journal of Economics
, 1993
"... How does movement toward freer trade affect income disparity among coun-tries? This paper attempts to shed some light on the issue by examining episodes of major postwar trade liberalization within specified groups of countries. The findings suggest a strong link between the timing of trade reform a ..."
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Cited by 199 (11 self)
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How does movement toward freer trade affect income disparity among coun-tries? This paper attempts to shed some light on the issue by examining episodes of major postwar trade liberalization within specified groups of countries. The findings suggest a strong link between the timing of trade reform
Results 1 - 10
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8,709
