This paper studies the impact of income inequality on trust from a theoretical and an empirical perspective. The model is built on the assumption that trust (defined as expected trustworthiness) is influenced by individual perceptions of inequality. These perceptions might have a social and a...

At present primarily governed by market forces with little regulatory interference, international financial relations have become increasingly important for global as well as national economies. Contributors to this volume consider whether this absence of regulation is wise, in the light of...