In the aftermath of the financial crisis trust, in the European Central Bank (ECB) has reached an historical low … total of 312 observations, this paper detects a structural break in citizens’ trust in the ECB. The paper confirms that … during the pre-crisis period, citizens’ trust in the ECB was driven by economic growth. In crisis time, however, trust in the …

Some researchers claim that diverse populations lead to less trust. Generalized trust is a core value that leads to …

We examine the effect of generalized trust on long-term economic growth. Unlike in previous studies, we use Bayesian … endogeneity and assess whether the effect of trust on growth is causal. Examining more than forty regressors for nearly fifty … countries, we show that trust exerts a positive effect on long-term growth and, based on the posterior inclusion probabilities …

This paper reviews the literature on economic inequality and trust. Cross-country studies, within-country studies, and … experiments all suggest that economic inequality exerts a negative influence on trust. Four mechanisms are proposed to explain the …

credibility (or lack-of-trust) problem for monetary policy. This indicates a possible and until now unexplored link between social … trust and central-bank independence. Our empirical findings, based on data from 149 countries, confirm that there is such a … of reform and the ability with which it can be implemented. At low trust levels, the need for central-bank independence …

In this paper we test the effect of trust on the choice of child care technology. We estimate individual-level trust as …). Compared to other measures of trust, using this technique has several advantages: It makes more efficient use of information by … to trust using data from the European Social Survey, we analyze their personal, demographic, and regional determinants …

We establish an inverse relationship between family ties, generalized trust and political participation. The more … political participation. The latter, together with trust, are part of what is known as social capital, therefore in this paper …

performance appraisal systems, monitoring by supervisors, autonomy to organize the work) and individuals' inclination to trust … others. Trust is measured by the general trust question like in most other economic studies based on surveys. We find that … negatively related to trust. Moreover, we contribute to the literature on trust by gathering hints to other potential …

A vast literature has investigated the relationship between trust and aggregate economic performance. We investigate … the relationship between individual trust and individual economic performance. We find that individual income is hump …-shaped in a measure of intensity of trust beliefs available in the European Social Survey. We show that heterogeneity of trust …