WIFO Working Papers

Discussion papers by WIFO staff, consultants and guests – As of 2006 available online only – Free download

WIFO Working Papers are not peer reviewed and are not necessarily based on a coordinated position of WIFO. The authors were informed about the Guidelines for Good Scientific Practice of the Austrian Agency for Research Integrity (ÖAWI), in particular with regard to the documentation of all elements necessary for the replicability of the results.

SearchAdvanced search

Details

Hans Pitlik, Martin Rode
Radical Distrust: Are Economic Policy Attitudes Tempered by Social Trust?
WIFO Working Papers, 2019, (594), 22 pages
Online since: 18.12.2019 0:00
Debates about the appropriate role of markets and governments are often shaped by sharply contrasting opinions. Based on individual data from the World Values Survey and the European Values Study for up to 190,000 respondents in a sample of 68 democratic countries, we find that social trust is associated with tempered attitudes regarding government intervention and redistribution. Results corroborate ideas from socio-psychological research that trusting people have personality attributes which work towards a moderation on politically divisive topics. Complementary to the existing literature on political polarisation, this opens the possibility that trusting societies may be superior at implementing controversial policy reforms because social trust reduces the probability of extreme attitude formation.
JEL-Codes:D70, D78, Z13
Keywords:Social trust, polarisation, policy attitudes, preference formation
Research group:Macroeconomics and Public Finance
Language:English