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In the aftermath of the financial crisis, the ECB has experienced an unprecedented deterioration in the level of trust …. This raises the question as to what factors determine trust in central banking. We use a unique cross-country dataset which … role in the trust-building process. Our results suggest that agents are boundedly rational in the trust-building process …
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performance such as the level of regulation of product and labor markets, as well as the trust in political institutions, quality … quality of governance as well as the level of social trust. The very different approach followed with the Covid crisis might …
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This paper investigates how persistent changes in trust caused by the Great Recession have affected how governments and … in the social contract and lack of trust that governments would protect them. Mistrust driven by exposure to the Great … suggest that economic events that lead to changes in social trust have lasting legacies by affecting government and citizen …
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