We document that trust in public institutions – and particularly trust in banks, business and government – has declined … the most suffered the biggest loss in confidence in institutions, particularly in trust in government and the financial … over recent years. U.S. time series evidence suggests that this partly reflects the pro-cyclical nature of trust in …

-2012 sovereign debt crisis. Using newly available data linking over 3,000, mostly privately-held, non-financial firms to their bank(s …We test whether financial fluctuations affect firms' decisions, through their impact on banks' cost of funding. We … exploit two shocks to Italian bank CDS spreads and equity valuations: the 2007-2009 financial crisis and the 2010 …

and start over as new sellers. Buyer trust and seller trustworthiness decrease significantly when sellers can erase their … ratings. With identity changes, trust is particularly low towards new sellers since buyers cannot discriminate between truly …

This paper examines the effect of exposure to a culture of easier divorce as a minor on generalized trust using the … unilateral divorce reforms across the US. According to the results, the divorce revolution seems to have had some effect on trust … effects for women with an additional year of exposure being associated with a 4 percentage point lower generalized trust in …

– specifically the trust environment – and its internal structure. We show experimentally that exogenously imposed culture … endogenously leads to variation in organizational form. We prime trust using past performance from a pilot study and demonstrate … that the level of trust within an organization affects division of labor and consequently organizational productivity. This …