Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
354738 | Economics of Education Review | 2009 | 9 Pages |
Abstract
The paper develops a simple model to examine how social trust might affect the growth of schooling through lowering transaction costs associated with employing educated individuals. In a sample of 52 countries, the paper thereafter provides empirical evidence that trust has led to faster growth of schooling in the period 1960–2000. The findings are robust to the inclusion of a set of control variables and being estimated using an instrumental variables approach.
Related Topics
Social Sciences and Humanities
Economics, Econometrics and Finance
Economics and Econometrics
Authors
Christian Bjørnskov,