A Trust Crisis

Paola Sapienza, Luigi Zingales*

*Corresponding author for this work

Research output: Contribution to journalArticlepeer-review

89 Scopus citations

Abstract

We conjecture that the changes in economic activity from late 2008 to early 2009 is due to a drop in trust. We present new survey evidence consistent with this hypothesis.

Original languageEnglish (US)
Pages (from-to)123-131
Number of pages9
JournalInternational Review of Finance
Volume12
Issue number2
DOIs
StatePublished - Jun 2012

ASJC Scopus subject areas

  • Finance
  • Economics and Econometrics

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