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 language | English (US) |
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Pages (from-to) | 123-131 |
Number of pages | 9 |
Journal | International Review of Finance |
Volume | 12 |
Issue number | 2 |
DOIs | |
State | Published - Jun 2012 |
ASJC Scopus subject areas
- Finance
- Economics and Econometrics