Economic Crisis - Leaders Have Earned Distrust, Says Study
Tuesday, January 27, 2009 - 14:35
in Mathematics & Economics
If you have a 401K, you've seen what happens when confidence abandons the stock market. If people didn't trust financial leaders and institutions before, they certainly do not now. Paola Sapienza (Kellogg School of Management at Northwestern University) and Luigi Zingales (Un iversity of Chicago Booth School of Business) have created the Chicago Booth/Kellogg School Financial Trust Index and they have published the first set of results today. They say their research shows just how deep America's declining trust runs and how strongly it contributes to the country's financial problems.The results do not speak well for confidence that more government programs are the solution. read more
Read the whole article on Scientific Blogging
More from Scientific Blogging
Related
- Researchers find lack of trust in leaders, institutions is major factor in US economic crisisTue, 27 Jan 2009, 14:35:33 EST
- Americans and the economy: Angry feelings, fear exceeds terrorism riskFri, 10 Oct 2008, 19:35:49 EDT
- Accuracy essential to success of XBRL financial filing programMon, 8 Jun 2009, 7:42:31 EDT
- Mom and dad as financial advisorsMon, 27 Jul 2009, 9:44:50 EDT
- Rice University economist available to discuss financial crisisThu, 25 Sep 2008, 21:30:07 EDT