Bursian, Dirk; Faia, Ester - Research Center SAFE (Sustainable Architecture for … - 2013
Trust in policy makers uctuates signi
cantly over the cycle and a¤ects the transmission mechanism. Despite this it is … discount factors, namely the price of future risk, and through this it interacts with the monetary trans- mission mechanism …. Using data from the Eurobarometer surveys we analyze the link between trust and the transmission mechanism of macro and …