• Andrei Shleifer


Regulation and Distrust. Philippe Aghion and Andrei Shleifer, November 27, 2008, Paper. "In a cross-section of countries, government regulation is strongly negatively correlated with social capital. We document, and try to explain, this highly significant empirical correlation. The correlation works for a range of measures of social capital, from trust in others to trust in corporations and political institutions, as well as for a range of measures of regulation, from product markets, to labor markets, to judicial procedures..." Link