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A Greif (2005)
Institutions: theory and history. Comparative and historical institutional analysis
L Guiso, P Sapienza, L Zingales (2003)
People’s opium? Religion and economic attitudesJournal of Monetary Economics, 50
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Cultural Biases in Economic Exchange
Joyce Berg, J. Dickhaut, K. McCabe (1995)
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Stephen Knack, P. Keefer (1997)
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Ernesto Reuben, Paola Sapienza, Luigi Zingales (2009)
Is Mistrust Self-Fulfilling?
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The Role of Social Capital in Financial Development
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T. Rice, J. Feldman (1997)
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R. Putnam (1993)
Making Democracy Work
(2006)
Does Culture Affect Economic Outcomes
L. Guiso, Paola Sapienza, Luigi Zingales (2005)
Trusting the Stock MarketFEN: Behavioral Finance (Topic)
L. Guiso, Paola Sapienza, Luigi Zingales (2002)
People&Apos;S Opium? Religion and Economic AttitudesERN: Other Development Economics: Macroeconomic Issues in Developing Economies (Topic)
E. Uslaner (2008)
Where You Stand Depends Upon Where Your Grandparents Sat The Inheritability of Generalized TrustPublic Opinion Quarterly, 72
Financial transactions require trust. This paper analyzes the role of trust in the context of the 2008 financial crisis. In order to find a role for trust, we need to find a role for trust in a standard economic model which differs from the rational expectation of the equilibrium outcome. It is argued that trust dropped dramatically in the Fall of 2008. The consequences and effects of this drop in trust are discussed.
The Review of Austrian Economics – Springer Journals
Published: Mar 30, 2011
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