-European positions. Analysing the mechanisms using survey data, we illustrate that emigrants (stayers) have less (more) trust in right …

"We examine the effect of trust on financial investment and contracting decisions in a micro-economic environment where … trust is exogenous. Using hand-collected data on European venture capital, we show that the Eurobarometer measure of trust … partners further contributes to the effect of trust. Education and work experience reduce the effect of trust but do not …

We examine how the transparency of the European Central Bankś monetary policy affects the amount of trust that the … exerts a non-linear effect on trust. Transparency increases trust, but only up to a certain point; too much transparency … harms trust. This result is robust to controlling for a number of macroeconomic conditions, financial stability transparency …

high growth, but based on a simple stylized model of government behavior the expectation is that mainly high trust … countries provides support for this expectation. The difference in fiscal policies depending on government trust levels may help … explaining why better governed countries have been found to have less severe business cycles. It suggests that trust and …