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

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

optimistic if they expect higher GDP growth and trust the government in dealing with the crisis, whereas having stronger concerns …

durable spending. Possible channels for these effects include more optimistic macroeconomic expectations and higher trust in …

durable spending. Possible channels for these effects include more optimistic macroeconomic expectations and higher trust in …