The role of trust in the 2008 financial crisis

被引：7
|
作者：
Zingales, Luigi [1 ]
机构：
[1] Univ Chicago, Booth Sch Business, 5807 S Woodlawn Ave, Chicago, IL 60637 USA
来源：
REVIEW OF AUSTRIAN ECONOMICS | 2011年 / 24卷 / 03期
关键词：
Trust; Financial crisis; Financial institutions;
D O I：
10.1007/s11138-010-0134-0
中图分类号：
G40 [教育学];
学科分类号：
040101 ; 120403 ;
摘要：
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.
引用
收藏
页码：235 / 249
页数：15
相关论文
共 50 条
  • [21] American culture and the 2008 financial crisis
    Hofstede, Geert
    EUROPEAN BUSINESS REVIEW, 2009, 21 (04) : 307 - 312
  • [22] Secret Liens and the Financial Crisis of 2008
    Simkovic, Michael
    AMERICAN BANKRUPTCY LAW JOURNAL, 2009, 83 (02): : 253 - 295
  • [23] Uncertainty, Risk, and the Financial Crisis of 2008
    Nelson, Stephen C.
    Katzenstein, Peter J.
    INTERNATIONAL ORGANIZATION, 2014, 68 (02) : 361 - 392
  • [24] FINANCIAL CRISIS 2008: IMPLICATIONS FOR AGING
    不详
    GERONTOLOGIST, 2008, 48 : 654 - 654
  • [25] On factors explaining the 2008 financial crisis
    Acosta-Gonzalez, Eduardo
    Fernandez-Rodriguez, Fernando
    Sosvilla-Rivero, Simon
    ECONOMICS LETTERS, 2012, 115 (02) : 215 - 217
  • [26] THE ROLE OF TAXATION DURING THE FINANCIAL CRISIS 2008-2013: SELECTED ISSUES
    Peric, Renata
    Kordic, Ljubica
    Mesaric, Vedran
    PRAVNI VJESNIK, 2014, 30 (01): : 115 - 133
  • [27] FINANCIAL CRISIS AND THE ROLE OF FINANCIAL MANAGEMENT
    Tkac, Karel
    Foltinova, Alzbeta
    PODNIKANIE A KONKURENCIESCHOPNOST' FIRIEM 2010, 2010, : 469 - 472
  • [28] Coping with crisis - the role of trust
    Paul Hellyer
    British Dental Journal, 2021, 230 (3) : 158 - 158
  • [29] Expected worsening or improving financial instability and the 2008 financial crisis
    Agarwal, Manmohan
    Walsh, Sean
    Wang, Jing
    Whalley, John
    Yan, Chen
    NORTH AMERICAN JOURNAL OF ECONOMICS AND FINANCE, 2013, 26 : 92 - 105
  • [30] The Financial and Economic Crisis of 2008: A Systemic Crisis of Neoliberal Capitalism
    Kotz, David M.
    REVIEW OF RADICAL POLITICAL ECONOMICS, 2009, 41 (03) : 305 - 317
12345