Existing studies of trust formation in U.S. metropolitan areas have found that trust is lower when there is more income … groups (racial income inequality). I find that greater racial income inequality reduces trust. Also, racial fragmentation is … no longer a significant determinant of trust once racial income inequality is accounted for. I also show that racial …

The U.S. system of security law was designed more than 70 years ago to regain investors' trust after a major financial … ; Securities Regulation ; Trust …