A Trust Crisis

By Paola Sapienza, Luigi Zingales. 2012

309 citations recorded by the source corpus.

Subfields: Demography, Economics and Econometrics

View Paper: https://www.semanticscholar.org/paper/6889329bc800609536a2f27f1eae2df6f9754f39

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Citations in the corpus

Who Wears the Pants? Gender Identity Norms and Intrahousehold Financial Decision‐Making (2017, unknown): “analysis differences out unobserved confounding characteristics that are relatively stable over the year such as generalized trust (Guiso, Sapienza, and Zingales, 2008), trust in the stock market (Sapienza and Zingales, 2012; D’Acunto, 2017; D’Acunto, Prokopczuk, and Weber, 2019), IQ (Grinblatt, Kel”
Presidential Address: Does Finance Benefit Society? (2015, background): “After the financial crisis, Americans’ trust towards bankers dropped tremendously (Sapienza and Zingales (2012)) and has not yet fully recovered.”
The foundations of financial inclusion : understanding ownership and use of formal accounts (2012, unknown): “Trust in banks—or distrust—can constitute a barrier that is difficult to overcome, and suggested causes have been linked to cultural norms, local governance, economic crises, and uncertainty about the future (Bjornskov, 2007; Guiso et al., 2004; Sapienza and Zingales, 2011).”
Social Capital, Trust, and Firm Performance: The Value of Corporate Social Responsibility during the Financial Crisis: Social Capital, Trust, and Firm Performance (2017, unknown): “The benefits of social capital derived from stakeholder cooperation may be present during any crisis, but as stressed by Sapienza and Zingales (2012) cooperation breaks down without trust; as such, firm level social capital becomes even more relevant when the 10 Examples include business contacts…”
Trust in banks (2017, result): “First, previous evidence consistently confirms that trust in banks sharply falls during troubled times (Stevenson and Wolfers, 2011; Sapienza and Zingales, 2012).”
Trust Busting: The Effect of Fraud on Investor Behavior (2018, unknown): “Recently, Sapienza and Zingales (2012) have also argued that a decline in trust amplified the adverse effects of Lehman Brothers default and AIG bailout on the overall economy.”
The Persuasive Effect of Fox News: Non-Compliance with Social Distancing During the Covid-19 Pandemic (2020, unknown): “4 Independently of the content of current broadcasts, long-term exposure to Fox News may simply cause broad distrust in scientific experts or in institutions (Sapienza and Zingales, 2012), including government agencies like the CDC, perhaps destroying local social capital (Guiso et al.”
Banking on Trust: How Debit Cards Enable the Poor to Save More (2017, background): “…shown to be key to stock market participation (Guiso, Sapienza, and Zingales, 2008), use of checks instead of cash (Guiso, Sapienza, and Zingales, 2004), and decisions to not withdraw deposits from nancial institutions in times of nancial crisis (Iyer and Puri, 2012; Sapienza and Zingales, 2012).”