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来源类型Working Paper
规范类型报告
DOI10.3386/w16891
来源IDWorking Paper 16891
Trust in Public Institutions over the Business Cycle
Betsey Stevenson; Justin Wolfers
发表日期2011-03-17
出版年2011
语种英语
摘要We document that trust in public institutions--and particularly trust in banks, business and government--has declined over recent years. U.S. time series evidence suggests that this partly reflects the pro-cyclical nature of trust in institutions. Cross-country comparisons reveal a clear legacy of the Great Recession, and those countries whose unemployment grew the most suffered the biggest loss in confidence in institutions, particularly in trust in government and the financial sector. Finally, analysis of several repeated cross-sections of confidence within U.S. states yields similar qualitative patterns, but much smaller magnitudes in response to state-specific shocks.
主题Microeconomics ; Welfare and Collective Choice ; Macroeconomics ; Business Cycles ; Fiscal Policy ; Other ; Law and Economics ; Development and Growth ; Growth and Productivity ; Economic Systems ; Culture
URLhttps://www.nber.org/papers/w16891
来源智库National Bureau of Economic Research (United States)
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条目标识符http://119.78.100.153/handle/2XGU8XDN/574566
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Betsey Stevenson,Justin Wolfers. Trust in Public Institutions over the Business Cycle. 2011.
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