The U.S. system of security law was designed more than 70 years ago to regain investors' trust after a major financial …

The U.S. system of security law was designed more than 70 years ago to regain investors’ trust after a major financial …

transmission tends to be biased toward excessively conservative priors. As a result, societies can be trapped in a low-trust … equilibrium. In this context, a temporary shock to the return to trusting can have a permanent effect on the level of trust. We …

How much do cultural biases affect economic exchange? We try to answer this question by using the relative trust … European citizens have for citizens of other countries. First, we document that this trust is affected not only by objective … trust toward citizens of a country lead to less trade with that country, less portfolio investment, and less direct …

Several papers study the effect of trust by using the answer to the World Values Survey (WVS) question “Generally … the level of trust. Glaeser et al. (2000) question the validity of this measure by showing that it is not correlated with … senders’ behaviour in the standard trust game, but only with his trustworthiness. By using a large sample of German households …