This thesis tries to establish first a comprehensive and realistic theoretical system in which trust changes, and then explores different interesting issues using different methods like comparison analysis, econometric analysis and agent-based modeling. The theoretical system restored in this...

Using a large cross-section of international household-level data, we explore the relation between institutional quality, households' level of trust and stock-market participation. We find that institutional quality has a significant impact on both trust and stock-market participation. We also...

This paper studies the interaction between excess spillovers and financialization of cross-sectional commodity markets. Investigating excess spillovers of cross-sectional commodity markets shows the magnitude and the direction of financialization impacts, is more informative than studying the...