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War, Inflation, and Social Capital

Sergei Guriev and Nikita Melnikov

Sciences Po publications from Sciences Po

Abstract: We use weekly data from 79 Russian regions to measure the impact of economic shocks and proximity to war in Ukraine on social capital in Russian regions. We proxy social capital by the relative intensity of internet searches for the most salient dimensions of pro-social behavior such as "donate blood", "charity", "adopt a child" etc. This measure of social capital is correlated with a survey-based measure of generalized social trust. Our search-based measure of social capital responds negatively to the spikes of inflation and positively to the intensity of the conflict in Ukraine (controlling for region and week fixed effects).

JEL-codes: D72 D74 E31 P24 P25 P36 Z13 (search for similar items in EconPapers)
Date: 2016-05
New Economics Papers: this item is included in nep-cis, nep-mac, nep-soc and nep-ure
References: Add references at CitEc
Citations: View citations in EconPapers (28)

Published in American Economic Review, 2016, vol. 106, pp.230-235

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Journal Article: War, Inflation, and Social Capital (2016) Downloads
Working Paper: War, Inflation, and Social Capital (2016) Downloads
Working Paper: War, Inflation, and Social Capital (2016) Downloads
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