Inequality and Social Capital: How Inequality in China's Housing Assets Affects People's Trust
Inequality and Social Capital: How Inequality in China's Housing Assets Affects People's Trust
复制标题
不平等与社会资本：中国住房资产不平等如何影响人们的信任
DOI：
10.1080/1540496x.2018.1516637
复制
发表时间：
2020-02-19
影响因子：
4
通讯作者：
Wu, Sihong
中科院分区：
文献类型：
--
作者：
Dai, Tiantian;Jiang, Shenyi;Wu, Sihong
本文探讨了住房资产的不平等如何影响社会的普遍信任。2008年中国为应对全球金融危机而实施的经济刺激计划提高了房价，扩大了拥有各种初始住房资产的居民之间的不平等。我们采用差异中的差异策略来比较不同初始住房资产不平等水平的城市。这种不平等的增加被认为与较低的信任水平有关。研究还发现，在中国背景下，日益增长的财政不平等正在进一步恶化信任。这些结果很可能是由对社会和经济地位的关注所驱动的。
This article examines how inequality in housing assets affects general trust in society. The economic stimulus package carried out in 2008 in China to tackle the global financial crisis increased housing prices and amplified inequality among residents with various initial housing assets. We apply a difference-in-differences strategy to compare cities with various initial levels of housing asset inequality. An increase in such inequality is found to be associated with a lower level of trust. It is also found that in the Chinese context, growing fiscal inequality is further deteriorating trust. These results are most likely driven by concerns regarding social and economic status.