Negative Income Shocks, COVID, and Trust
In this paper we report results from an online experiment conducted with over 1, 000 participants from Colombia’s general population. The experiment is de- signed to examine the impact of exposition to a COVID priming and a negative economic shock on trusting behavior. Overall, we find that particip...
- Autores:
- Tipo de recurso:
- Fecha de publicación:
- 2023
- Institución:
- Universidad del Rosario
- Repositorio:
- Repositorio EdocUR - U. Rosario
- Idioma:
- eng
- OAI Identifier:
- oai:repository.urosario.edu.co:10336/40234
- Acceso en línea:
- https://doi.org/10.48713/10336_40234
https://repository.urosario.edu.co/handle/10336/40234
- Palabra clave:
- C91
D31
D90
Trust
Inequality
Social preferences
Dictator game
- Rights
- License
- http://creativecommons.org/licenses/by-nc-sa/4.0/
Summary: | In this paper we report results from an online experiment conducted with over 1, 000 participants from Colombia’s general population. The experiment is de- signed to examine the impact of exposition to a COVID priming and a negative economic shock on trusting behavior. Overall, we find that participants under the neutral prime who are exposed to a negative economic shock become less trusting. In addition, we find that trustors who receive the shock become more trusting, increasing the proportion of the endowment they transfer. This re- sult is not an artifact of the modification of the trsutor’s action set due to the negative shock received, and is consistent with beliefs of higher returned amount and stronger normative expectations of reciprocity, as well as general pro-sociality. |
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