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 …

to contribute also an adequate share to the community. In such a situation trustworthiness of a government and trust in a … government is high. This paper provides empirical evidence that trust is crucial for fiscal performance using data for the full … sample of Swiss cantons over the 1981-2001 period. In cantons with high levels of trust, the level of indebtedness is …

Using data from US states, we find a positive relationship between trust and growth. According to our results, a 10 … percentage point increase in trust increases the growth rate of per capita income by 0.5 percentage point, growth rate of housing …

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 …

We introduce opportunities for pre-play communication and to enter binding or non-binding contracts in trust games, and …

We let subjects interact with anonymous partners in trust (investment) games with and without one of two kinds of pre …

children through purposeful investments. We exploit information on the risk and trust attitudes of parents and their children … respect to risk and trust attitudes and thus transmit their own attitudes more strongly. The results are robust to including …

We conduct an extensive robustness analysis of the relationship between trust and growth by investigating a later time …. We find that when outliers (especially China) are removed, the trust-growth relationship is no longer robust. On average …, the trust coefficient is half as large as in previous findings. …

We present new evidence on the influence of income inequality on generalized trust. Using individual panel data from … especially differences among people in the bottom half of the income distribution, are associated with lower trust. The … relationship between income inequality and trust is particularly strong for people with a strong aversion against income …