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) |
|---|---|
| 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