We study the relationship between information acquisition and trust in financial decision making. A field experiment with a variation of the trust game was conducted with the partners of a financial cooperative located in a Mexican rural area. Individuals who frequently visit friends are more...

In this article, we develop a conceptual framework to study the interaction between financial development and different types of social capital. Our hypothesis is that financial transactions cannot be completely regulated by market contracts, and that market failures still appear in more...

This note presents a brief summary of the recent literature, both theoretical and empirical, on the effects of financial development on growth and growth volatility. We attempt to contribute to the analysis of the possible channels of interaction between these processes which is key for policies...