Fungáčová, Zuzana; Kerola, Eeva; Weill, Laurent - 2021
This paper investigates how past experience with banking crises influences an individual’s trust in banks. We combine … data on banking crises for the period 1970–2014 with individual data on trust in banks for 52 countries. We find that … experiencing a banking crisis diminishes a person’s trust in banks, and that high exposure to banking crises is negatively related …