Mar 14, 2013

The two Germanies

While we find that risk attitudes fully converged in the second decade of reunification, it will take at least one generation for social trust and possibly much longer for perceived cooperativeness to converge.
That is from a new published paper titled "A Different Look at Lenin’s Legacy: Social Capital and Risk Taking in the two Germanies" by Heineck & Süssmuth (Journal of Comparative Economics, March 2013). A draft is here.  

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