Has the COVID-19 pandemic affected public trust? Evidence for the US and the Netherlands
Author
Abstract
Suggested Citation
DOI: 10.1016/j.jebo.2022.07.006
Download full text from publisher
As the access to this document is restricted, you may want to look for a different version below or search for a different version of it.
Other versions of this item:
- Carin van der Cruijsen & Jakob de Haan & Nicole Jonker, 2021. "Has the COVID-19 pandemic affected public trust? Evidence for the US and the Netherlands," Working Papers 723, DNB.
References listed on IDEAS
- Carin van der Cruijsen & Jakob de Haan & Ria Roerink, 2023.
"Trust in financial institutions: A survey,"
Journal of Economic Surveys, Wiley Blackwell, vol. 37(4), pages 1214-1254, September.
- Carin van der Cruijsen & Jakob de Haan & Ria Roerink, 2020. "Trust in financial institutions: A survey," Working Papers 693, DNB.
- Michiel Bijlsma & Carin Cruijsen & Jester Koldijk, 2022.
"Determinants of Trust in Banks’ Payment Services During COVID: An Exploration Using Daily Data,"
De Economist, Springer, vol. 170(2), pages 231-256, May.
- Michiel Bijlsma & Carin van der Cruijsen & Jester Koldijk, 2021. "Determinants of trust in banks' payment services during COVID: an exploration using daily data," Working Papers 720, DNB.
- Jon Frost & Leonardo Gambacorta & Yi Huang & Hyun Song Shin & Pablo Zbinden, 2019.
"BigTech and the changing structure of financial intermediation,"
Economic Policy, CEPR, CESifo, Sciences Po;CES;MSH, vol. 34(100), pages 761-799.
- Jon Frost & Leonardo Gambacorta & Yi Huang & Hyun Song Shin & Pablo Zbinden, 2019. "BigTech and the changing structure of financial intermediation," BIS Working Papers 779, Bank for International Settlements.
- Jetter, Michael & Kristoffersen, Ingebjørg, 2018.
"Financial shocks and the erosion of interpersonal trust: Evidence from longitudinal data,"
Journal of Economic Psychology, Elsevier, vol. 67(C), pages 162-176.
- Jetter, Michael & Kristoffersen, Ingebjørg, 2017. "Financial Shocks and the Erosion of Interpersonal Trust: Evidence from Longitudinal Data," IZA Discussion Papers 11204, Institute of Labor Economics (IZA).
- Luigi Guiso, 2010.
"A Trust-driven Financial Crisis.Implications for the Future of Financial Markets,"
EIEF Working Papers Series
1006, Einaudi Institute for Economics and Finance (EIEF), revised Mar 2010.
- Corsetti, Giancarlo & Devereux, Michael P. & Guiso, Luigi & Hassler, John & Saint-Paul, Gilles & Sinn, Hans-Werner & Sturm, Jan-Egbert & Vives, Xavier, 2010. "A trust-driven financial crisis. Implications for the future of financial markets," Munich Reprints in Economics 20109, University of Munich, Department of Economics.
- Luigi Guiso & Paola Sapienza & Luigi Zingales, 2004.
"The Role of Social Capital in Financial Development,"
American Economic Review, American Economic Association, vol. 94(3), pages 526-556, June.
- Guiso, Luigi & Zingales, Luigi & Sapienza, Paola, 2000. "The Role of Social Capital In Financial Development," CEPR Discussion Papers 2383, C.E.P.R. Discussion Papers.
- Luigi Guiso & Paola Sapienza & Luigi Zingales, 2000. "The Role of Social Capital in Financial Development," NBER Working Papers 7563, National Bureau of Economic Research, Inc.
- Luigi Guiso & Paola Sapienza & Luigi Zingales, 2000. "The Role of Social Capital in Financial Development," CRSP working papers 511, Center for Research in Security Prices, Graduate School of Business, University of Chicago.
- Friehe, Tim & Marcus, Jan, 2021.
"Lost job, lost trust? On the effect of involuntary job loss on trust,"
EconStor Open Access Articles and Book Chapters, ZBW - Leibniz Information Centre for Economics, vol. 84, pages 1-1.
- Friehe, Tim & Marcus, Jan, 2021. "Lost job, lost trust? On the effect of involuntary job loss on trust," Journal of Economic Psychology, Elsevier, vol. 84(C).
- Morris, Nicholas & Vines, David (ed.), 2014. "Capital Failure: Rebuilding Trust in Financial Services," OUP Catalogue, Oxford University Press, number 9780198712220.
- Carin Cruijsen & Jakob Haan & David-Jan Jansen, 2016. "Trust and Financial Crisis Experiences," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 127(2), pages 577-600, June.
- Ampudia, Miguel & Palligkinis, Spyros, 2018. "Trust and the household-bank relationship," Working Paper Series 2184, European Central Bank.
- D’Hernoncourt, Johanna & Méon, Pierre-Guillaume, 2012.
"The not so dark side of trust: Does trust increase the size of the shadow economy?,"
Journal of Economic Behavior & Organization, Elsevier, vol. 81(1), pages 97-121.
- Johanna D'Hernoncourt & Pierre-Guillaume Méon, 2008. "The not so dark side of trust: does trust increase the size of the shadow economy?," Working Papers CEB 08-030, ULB -- Universite Libre de Bruxelles.
- Johanna D'Hernoncourt & Pierre-Guillaume Méon, 2012. "The not so dark side of trust: Does trust increase the size of the shadow economy?," ULB Institutional Repository 2013/98287, ULB -- Universite Libre de Bruxelles.
- Philippe Aghion & Yann Algan & Pierre Cahuc & Andrei Shleifer, 2010.
"Regulation and Distrust,"
The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 125(3), pages 1015-1049.
- Philippe Aghion & Yann Algan & Pierre Cahuc & Andrei Shleifer, 2009. "Regulation and Distrust," Working Papers hal-00972819, HAL.
- Philippe Aghion & Yann Algan & Pierre Cahuc & Andrei Shleifer, 2009. "Regulation and Distrust," Working Papers hal-00396268, HAL.
- Philippe Aghion & Yann Algan & Pierre Cahuc & Andrei Shleifer, 2010. "Regulation and Distrust," SciencePo Working papers Main hal-03384665, HAL.
- Aghion, Philippe & Algan, Yann & Cahuc, Pierre & Shleifer, Andrei, 2010. "Regulation and Distrust," Scholarly Articles 12490649, Harvard University Department of Economics.
- Philippe Aghion & Yann Algan & Pierre Cahuc & Andrei Shleifer, 2009. "Regulation and Distrust," SciencePo Working papers Main hal-00396268, HAL.
- Philippe Aghion & Yann Algan & Pierre Cahuc & Andrei Shleifer, 2010. "Regulation and Distrust," Post-Print hal-03384665, HAL.
- Philippe Aghion & Yann Algan & Pierre Cahuc & Andrei Shleifer, 2009. "Regulation and Distrust," SciencePo Working papers Main hal-00972819, HAL.
- Philippe Aghion & Yann Algan & Pierre Cahuc & Andrei Shleifer, 2009. "Regulation and Distrust," NBER Working Papers 14648, National Bureau of Economic Research, Inc.
- Jonker, Nicole & van der Cruijsen, Carin & Bijlsma, Michiel & Bolt, Wilko, 2022.
"Pandemic payment patterns,"
Journal of Banking & Finance, Elsevier, vol. 143(C).
- Nicole Jonker & Carin van der Cruijsen & Michiel Bijlsma & Wilko Bolt, 2020. "Pandemic payment patterns," Working Papers 701, DNB.
- Carin van der Cruijsen & Jakob de Haan & Ria Roerink, 2021. "Financial knowledge and trust in financial institutions," Journal of Consumer Affairs, Wiley Blackwell, vol. 55(2), pages 680-714, June.
- Jacek Rothert & Ryan Brady & Michael Insler, 2020. "The Fragmented United States of America: The impact of scattered lock-down policies on country-wide infections," Departmental Working Papers 65, United States Naval Academy Department of Economics.
- Luigi Guiso & Paola Sapienza & Luigi Zingales, 2008.
"Trusting the Stock Market,"
Journal of Finance, American Finance Association, vol. 63(6), pages 2557-2600, December.
- Guiso, Luigi & Zingales, Luigi & Sapienza, Paola, 2005. "Trusting the Stock Market," CEPR Discussion Papers 5288, C.E.P.R. Discussion Papers.
- Luigi Guiso & Paola Sapienza & Luigi Zingales, 2005. "Trusting the Stock Market," NBER Working Papers 11648, National Bureau of Economic Research, Inc.
- Federica Teppa & Corrie Vis, 2012. "The CentERpanel and the DNB Household Survey: Methodological Aspects," DNB Occasional Studies 1004, Netherlands Central Bank, Research Department.
- Mewes, Jan & Giordano, Giuseppe Nicola, 2017. "Self-rated health, generalized trust, and the Affordable Care Act: A US panel study, 2006–2014," Social Science & Medicine, Elsevier, vol. 190(C), pages 48-56.
- repec:hal:spmain:info:hdl:2441/4km7l02j139aj8hl7kcccmqk9s is not listed on IDEAS
- Philippe Aghion & Yann Algan & Pierre Cahuc & Andrei Shleifer, 2010.
"Regulation and Distrust,"
The Quarterly Journal of Economics, Oxford University Press, vol. 125(3), pages 1015-1049.
- Philippe Aghion & Yann Algan & Pierre Cahuc & Andrei Shleifer, 2009. "Regulation and Distrust," SciencePo Working papers hal-00972819, HAL.
- Philippe Aghion & Yann Algan & Pierre Cahuc & Andrei Shleifer, 2010. "Regulation and Distrust," SciencePo Working papers hal-03384665, HAL.
- Aghion, Philippe & Algan, Yann & Cahuc, Pierre & Shleifer, Andrei, 2010. "Regulation and Distrust," Scholarly Articles 12490649, Harvard University Department of Economics.
- Philippe Aghion & Yann Algan & Pierre Cahuc & Andrei Shleifer, 2010. "Regulation and Distrust," Sciences Po publications info:hdl:2441/4km7l02j139, Sciences Po.
- Pierre Cahuc & Andrei Shleifer & Philippe Aghion & Yann Algan, 2009. "Regulation and Distrust," Sciences Po publications 14648, Sciences Po.
- Philippe Aghion & Yann Algan & Pierre Cahuc & Andrei Shleifer, 2010. "Regulation and Distrust," Post-Print hal-03384665, HAL.
- Philippe Aghion & Yann Algan & Pierre Cahuc & Andrei Shleifer, 2009. "Regulation and Distrust," Working Papers hal-00396268, HAL.
- Philippe Aghion & Yann Algan & Pierre Cahuc & Andrei Shleifer, 2009. "Regulation and Distrust," NBER Working Papers 14648, National Bureau of Economic Research, Inc.
- Philippe Aghion & Yann Algan & Pierre Cahuc & Andrei Shleifer, 2009. "Regulation and Distrust," Working Papers hal-00972819, HAL.
- Jacek Rothert & Ryan Brady & Michael Insler, 2020. "Local containment policies and country-wide spread of Covid-19 in the United States: an epidemiological analysis," GRAPE Working Papers 48, GRAPE Group for Research in Applied Economics.
- Tabea Bucher-Koenen & Annamaria Lusardi & Rob Alessie & Maarten van Rooij, 2017.
"How Financially Literate Are Women? An Overview and New Insights,"
Journal of Consumer Affairs, Wiley Blackwell, vol. 51(2), pages 255-283, July.
- Tabea Bucher-Koenen & Annamaria Lusardi & Rob Alessie & Maarten van Rooij, 2014. "How financially literate are women? An overview and new insights," NBER Working Papers 20793, National Bureau of Economic Research, Inc.
- Bucher-Koenen, Tabea & Lusardi, Annamaria & Alessie, Rob J. M. & Van Rooij, Maarten C. J., 2014. "How Financially Literate are Women? An Overview and New Insights," MEA discussion paper series 201419, Munich Center for the Economics of Aging (MEA) at the Max Planck Institute for Social Law and Social Policy.
- Cappelen, Alexander W. & Falch, Ranveig & Sørensen, Erik Ø. & Tungodden, Bertil, 2021.
"Solidarity and fairness in times of crisis,"
Journal of Economic Behavior & Organization, Elsevier, vol. 186(C), pages 1-11.
- Cappelen, Alexander W. & Falch, Ranveig & Sørensen, Erik Ø. & Tungodden, Bertil, 2020. "Solidarity and Fairness in Times of Crisis," Discussion Paper Series in Economics 6/2020, Norwegian School of Economics, Department of Economics.
- Elvin Afandi and Nazim Habibov, 2017. "Pre- and Post-Crisis Trust in Banks: Lessons from Transitional Countries," Journal of Economic Development, Chung-Ang Unviersity, Department of Economics, vol. 42(1), pages 73-94, March.
- David-Jan Jansen & Robert Mosch & Carin Cruijsen, 2015. "When Does the General Public Lose Trust in Banks?," Journal of Financial Services Research, Springer;Western Finance Association, vol. 48(2), pages 127-141, October.
- Miething, Alexander & Mewes, Jan & Giordano, Giuseppe N., 2020. "Trust, happiness and mortality: Findings from a prospective US population-based survey," Social Science & Medicine, Elsevier, vol. 252(C).
- van der Cruijsen, Carin & Doll, Maurice & van Hoenselaar, Frank, 2019. "Trust in other people and the usage of peer platform markets," Journal of Economic Behavior & Organization, Elsevier, vol. 166(C), pages 751-766.
- van den Akker, Olmo R. & van Assen, Marcel A.L.M. & van Vugt, Mark & Wicherts, Jelte M., 2020. "Sex differences in trust and trustworthiness: A meta-analysis of the trust game and the gift-exchange game," Journal of Economic Psychology, Elsevier, vol. 81(C).
- Searing, Elizabeth A.M., 2013. "Love thy neighbor? Recessions and interpersonal trust in Latin America," Journal of Economic Behavior & Organization, Elsevier, vol. 94(C), pages 68-79.
- Oude Groeniger, Joost & Noordzij, Kjell & van der Waal, Jeroen & de Koster, Willem, 2021. "Dutch COVID-19 lockdown measures increased trust in government and trust in science: A difference-in-differences analysis," Social Science & Medicine, Elsevier, vol. 275(C).
Citations
Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
Cited by:
- Batten, Jonathan A. & Boubaker, Sabri & Kinateder, Harald & Choudhury, Tonmoy & Wagner, Niklas F., 2023.
"Volatility impacts on global banks: Insights from the GFC, COVID-19, and the Russia-Ukraine war,"
Journal of Economic Behavior & Organization, Elsevier, vol. 215(C), pages 325-350.
- J.A. Batten & Sabri Boubaker & H. Kinateder & T. Choudhury & N.F. Wagner, 2023. "Volatility Impacts on Global Banks: Insights from the GFC, COVID-19, and the Russia-Ukraine War," Post-Print hal-04435440, HAL.
- Galil, Koresh & Varon, Eva, 2024. "National culture and banks stock volatility," Journal of International Financial Markets, Institutions and Money, Elsevier, vol. 91(C).
- Ammari, Aymen & Allodi, Evita & Salerno, Dario & Stella, Gian Paolo, 2023. "An asymmetrical approach to understanding consumer characteristics in banking trust during the COVID-19 pandemic in Italy," Research in International Business and Finance, Elsevier, vol. 64(C).
- Dr. Muhammad Asif Shamim & Dr. Aribah Aslam & Rashid Hussain & Mr. Tumani Sanneh, 2024. "The Role of Financial Cooperatives in Building Trust: A Gender Wise Global Analysis," Bulletin of Business and Economics (BBE), Research Foundation for Humanity (RFH), vol. 13(1), pages 703-708.
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Michiel Bijlsma & Carin Cruijsen & Jester Koldijk, 2022.
"Determinants of Trust in Banks’ Payment Services During COVID: An Exploration Using Daily Data,"
De Economist, Springer, vol. 170(2), pages 231-256, May.
- Michiel Bijlsma & Carin van der Cruijsen & Jester Koldijk, 2021. "Determinants of trust in banks' payment services during COVID: an exploration using daily data," Working Papers 720, DNB.
- Michiel Bijlsma & Carin van der Cruijsen & Nicole Jonker & Jelmer Reijerink, 2021. "What triggers consumer adoption of CBDC?," Working Papers 709, DNB.
- Carin van der Cruijsen & Jakob de Haan & Ria Roerink, 2021. "Financial knowledge and trust in financial institutions," Journal of Consumer Affairs, Wiley Blackwell, vol. 55(2), pages 680-714, June.
- Chernykh, Lucy & Davydov, Denis & Sihvonen, Jukka, 2023. "Financial Stability and Public Confidence in Banks," Journal of Financial Stability, Elsevier, vol. 69(C).
- Carin van der Cruijsen, 2017. "Payments data: do consumers want to keep them in a safe or turn them into gold?," DNB Working Papers 563, Netherlands Central Bank, Research Department.
- repec:zbw:bofitp:2019_002 is not listed on IDEAS
- Carin van der Cruijsen & Jakob de Haan & Ria Roerink, 2023.
"Trust in financial institutions: A survey,"
Journal of Economic Surveys, Wiley Blackwell, vol. 37(4), pages 1214-1254, September.
- Carin van der Cruijsen & Jakob de Haan & Ria Roerink, 2020. "Trust in financial institutions: A survey," Working Papers 693, DNB.
- Philip Maximilian Linhart & Olaf Stotz, 2022. "Which factors support trust in the recommendation process of pension products? Trust and pension products," Journal of Financial Services Marketing, Palgrave Macmillan, vol. 27(4), pages 322-334, December.
- Chernykh, Lucy & Davydov, Denis & Sihvonen, Jukka, 2019. "Financial stability and public confidence in banks," BOFIT Discussion Papers 2/2019, Bank of Finland Institute for Emerging Economies (BOFIT).
- Chernykh, Lucy & Davydov, Denis & Sihvonen, Jukka, 2019. "Financial stability and public confidence in banks," BOFIT Discussion Papers 2/2019, Bank of Finland, Institute for Economies in Transition.
- Carin van der Cruijsen & Jakob de Haan & Ria Roerink, 2021.
"Financial knowledge and trust in financial institutions,"
Journal of Consumer Affairs, Wiley Blackwell, vol. 55(2), pages 680-714, June.
- Carin van der Cruijsen & Jakob de Haan & Ria Roerink, 2019. "Financial knowledge and trust in financial institutions," DNB Working Papers 662, Netherlands Central Bank, Research Department.
- Jalan, Akanksha & Matkovskyy, Roman & Urquhart, Andrew & Yarovaya, Larisa, 2023.
"The role of interpersonal trust in cryptocurrency adoption,"
Journal of International Financial Markets, Institutions and Money, Elsevier, vol. 83(C).
- Akanksha Jalan & Roman Matkovskyy & Andrew Urquhart & Larisa Yarovaya, 2023. "The role of interpersonal trust in cryptocurrency adoption," Post-Print hal-03946536, HAL.
- Dimitris Christelis & Dimitris Georgarakos & Tullio Jappelli & Maarten van Rooij, 2020.
"Trust in the Central Bank and Inflation Expectations,"
International Journal of Central Banking, International Journal of Central Banking, vol. 16(6), pages 1-37, December.
- Dimitris Christelis & Dimitris Georgarakos & Tullio Jappelli & Maarten van Rooij, 2016. "Trust in the Central Bank and Inflation Expectations," CSEF Working Papers 458, Centre for Studies in Economics and Finance (CSEF), University of Naples, Italy.
- Christelis, Dimitris & Georgarakos, Dimitris & Jappelli, Tullio & van Rooij, Maarten, 2020. "Trust in the central bank and inflation expectation," Working Paper Series 2375, European Central Bank.
- Christelis, Dimitris & Georgarakos, Dimitris & Van Rooij, Maarten, 2019. "Trust in the Central Bank and Inflation Expectations," CEPR Discussion Papers 14202, C.E.P.R. Discussion Papers.
- C. E. Jager, 2017. "A Question of Trust: the Pursuit of Consumer Trust in the Financial Sector by Means of EU Legislation," Journal of Consumer Policy, Springer, vol. 40(1), pages 25-49, March.
- van Dalen, Hendrik Peter & Henkens, K., 2022. "Trust and Distrust in Pension Providers in Times of Decline and Reform," Other publications TiSEM 430443a0-b060-42fd-ad9c-2, Tilburg University, School of Economics and Management.
- Dimitris Georgarakos & Roman Inderst, 2011.
"Financial Advice and Stock Market Participation,"
BCL working papers
51, Central Bank of Luxembourg.
- Inderst, Roman & Georgarakos, Dimitris, 2014. "Financial Advice and Stock Market Participation," CEPR Discussion Papers 9922, C.E.P.R. Discussion Papers.
- Georgarakos, Dimitris & Inderst, Roman, 2011. "Financial advice and stock market participation," Working Paper Series 1296, European Central Bank.
- Shi, Lisi & Ho, Kung-Cheng & Liu, Ming-Yu, 2023. "Does societal trust make managers more trustworthy?," International Review of Financial Analysis, Elsevier, vol. 86(C).
- Gu, Leilei & Liu, Zhongyang & Ma, Sichao & Wang, Hongyu, 2022. "Social trust and corporate financial asset holdings: Evidence from China," International Review of Financial Analysis, Elsevier, vol. 82(C).
- Marie-Claire Broekhoff & Carin van der Cruijsen & Jakob de Haan, 2023. "Towards financial inclusion: trust in banks’ payment services among groups at risk," Working Papers 795, DNB.
- Giancarlo Corsetti & Michael P. Devereux & Luigi Guiso & John Hassler & Gilles Saint-Paul & Hans-Werner Sinn & Jan-Egbert Sturm & Xavier Vives, 2010. "Chapter 2: A trust-driven financial crisis," EEAG Report on the European Economy, CESifo, vol. 0, pages 53-70, February.
- Diepstraten, Maaike & van der Cruijsen, Carin, 2019. "To stay or go? Consumer bank switching behaviour after government interventions," Journal of Banking & Finance, Elsevier, vol. 106(C), pages 16-33.
More about this item
Keywords
Trust; COVID-19; Financial institutions; BigTechs; Health; Consumer survey;All these keywords.
JEL classification:
- D12 - Microeconomics - - Household Behavior - - - Consumer Economics: Empirical Analysis
- D83 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Search; Learning; Information and Knowledge; Communication; Belief; Unawareness
- E58 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - Central Banks and Their Policies
- G21 - Financial Economics - - Financial Institutions and Services - - - Banks; Other Depository Institutions; Micro Finance Institutions; Mortgages
- G22 - Financial Economics - - Financial Institutions and Services - - - Insurance; Insurance Companies; Actuarial Studies
Statistics
Access and download statisticsCorrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:jeborg:v:200:y:2022:i:c:p:1010-1024. See general information about how to correct material in RePEc.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catherine Liu (email available below). General contact details of provider: http://www.elsevier.com/locate/jebo .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.