Fabian Stephany – Income Inequality and Organisational Trust

Introduction The undesirable outcomes linked to high levels of income inequality are numerous. Among several, these are poor educational performance (Kawachi et al. 1997), violence (Patterson 1991), low levels of wellbeing (Alesina et al. 2004) and health (Wilkinson 1992), as well as slow economic growth (Barro 2000) or low provision rates of social goods (Wilkinson […]

Fabian Stephany – Who are Your Joneses?

Trust is a good approach to explain the functioning of markets, institutions or society as a whole. It is a key element in almost every commercial transaction over time and might be one of the main explanations of economic success and development. Explaining the roots and patterns of trust across time and space, researchers have […]