Abstract: This paper presents new evidence linking trust and subjective wellbeing, based primarily on data from the Gallup World Poll and cycle 17 of the Canadian General Social Survey (GSS17). Because several of the general explanations for subjective wellbeing examined here show large and significant linkages to both household income and various measures of trust, it is possible to estimate income-equivalent compensating differentials for different types of trust. Measures of trust studied include general social trust, trust in management, trust in coworkers, trust in neighbours, and trust in police. In addition, some Canadian surveys and the Gallup World Poll ask respondents to estimate the chances that a lost wallet would be returned
to them if found by different individuals, including neighbours, police and stranger