Trust and Financial Crisis Experiences

被引:40
作者
van der Cruijsen, Carin [1 ]
de Haan, Jakob [1 ,2 ,3 ]
Jansen, David-Jan [1 ]
机构
[1] Nederlandsche Bank, POB 98, NL-1000 AB Amsterdam, Netherlands
[2] Univ Groningen, Groningen, Netherlands
[3] CESifo, Munich, Germany
关键词
Trust in financial firms; Generalized trust; Bank bailout; Bank failure; Financial crisis; Households; Survey data; GENERALIZED TRUST; EUROPE; DETERMINANTS; INSTITUTIONS;
D O I
10.1007/s11205-015-0984-8
中图分类号
C [社会科学总论];
学科分类号
03 ; 0303 ;
摘要
Using eight annual household surveys for the Netherlands between 2006 and 2013, we find that respondents' personal adverse financial crisis experiences do not only reduce their trust in banks, but also have an immediate negative effect on generalized trust. Respondents who were customers of a bank that ran into problems have less trust in banks than respondents without this experience. Respondents who were customer of a bank that failed have a significantly stronger decline of generalized trust than other respondents. Our results also suggest that personal financial crisis experiences do not have a significant direct effect on trust in the banking supervisor.
引用
收藏
页码:577 / 600
页数:24
相关论文
共 50 条
  • [41] Physical abuse in the era of financial crisis in Greece
    Kontos, Michael
    Moris, Demetrios
    Davakis, Spyridon
    Schizas, Dimitrios
    Pikoulis, Emmanouil
    Liakakos, Theodoros
    ANNALS OF TRANSLATIONAL MEDICINE, 2017, 5 (07)
  • [43] GREEK FINANCIAL CRISIS
    Vrabelova, Eva
    INTERNATIONAL RELATIONS 2015: CURRENT ISSUES OF WORLD ECONOMY AND POLITICS, 2015, : 713 - 718
  • [44] Financial crisis of metaphor
    Phillips, Peter
    REVIEW OF AUSTRIAN ECONOMICS, 2010, 23 (03) : 223 - 242
  • [45] Russian financial crisis
    Tan, Lin
    Zhou, Wei
    Ding, Bingqing
    PROCEEDINGS OF THE 2016 INTERNATIONAL SYMPOSIUM ON BUSINESS COOPERATION AND DEVELOPMENT, 2016, 13 : 73 - 76
  • [46] EXPORTERS IN THE FINANCIAL CRISIS
    Gorg, Holger
    Spaliara, Marina-Eliza
    NATIONAL INSTITUTE ECONOMIC REVIEW, 2014, 228 (01) : R49 - R57
  • [47] Democracy and Financial Crisis
    Lipscy, Phillip Y.
    INTERNATIONAL ORGANIZATION, 2018, 72 (04) : 937 - 968
  • [48] The Decentralized Financial Crisis
    Gudgeon, Lewis
    Perez, Daniel
    Harz, Dominik
    Livshits, Benjamin
    Gervais, Arthur
    2020 CRYPTO VALLEY CONFERENCE ON BLOCKCHAIN TECHNOLOGY (CVCBT 2020), 2020, : 1 - 15
  • [49] The next financial crisis
    Eichengreen, Barry
    ECONOMIA POLITICA, 2015, 32 (01) : 53 - 66
  • [50] FINANCIAL CRISIS AS THE OPPORTUNITY
    Odehnalova, Pavla
    AKTUALNE PROBLEMY PODNIKOVEJ SFERY 2013, 2013, : 430 - 433