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Author(s)

Paola Sapienza

Luigi Zingales

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.
Date Published: 2012
Citations: Sapienza, Paola, Luigi Zingales. 2012. A Trust Crisis. International Review of Finance. (2)123-131.