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 …

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 …

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 …

Trust in the ECB, as measured by the standard Eurobarometer surveys has fallen to unprecedented lows - especially in … the larger euro area countries. We find that up to the start of the recession in 2008 trust in the ECB was little affected … by business cycle variables such as growth and even inflation. This changed radically with the recession, with trust in …

Trust in the ECB has fallen to unprecedented lows in the aftermath of the financial crisis. Up to the start of the … recession in 2008, trust levels in the ECB were moderately high and trust in the ECB was not affected by business cycle … variables such as growth and inflation. This changed radically with the recession, with trust in the ECB becoming correlated …