Arbeitspapier

The long shadow of income on trustworthiness

We employ a behavioural measure of trustworthiness obtained from an experiment carried out with a sample of the general British population whose individuals were extensively interviewed on earlier occasions. Our basic finding is that given past income, higher current income increases trustworthiness and, given current income, higher past income reduces trustworthiness. Past income determines the level of financial aspirations and whether or not these are fulfilled by the level of current income affects trustworthiness. We also suspect that past income may also capture heterogeneity in relevant subjects' dispositions, with more opportunistic subjects being less trustworthy and having higher average incomes.

Language
Englisch

Bibliographic citation
Series: ISER Working Paper Series ; No. 2011-08

Classification
Wirtschaft
Field Experiments
Household Behavior: General
Subject
trustworthiness
relative income
Vertrauen
Einkommen
Soziale Mobilität
Großbritannien

Event
Geistige Schöpfung
(who)
Ermisch, John
Gambetta, Diego
Event
Veröffentlichung
(who)
University of Essex, Institute for Social and Economic Research (ISER)
(where)
Colchester
(when)
2011

Handle
Last update
10.03.2025, 11:43 AM CET

Data provider

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Object type

  • Arbeitspapier

Associated

  • Ermisch, John
  • Gambetta, Diego
  • University of Essex, Institute for Social and Economic Research (ISER)

Time of origin

  • 2011

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