The Foundations of Trust: Macro and Micro
Posted: 20 Jun 2008
Date Written: March 2008
This comment on critique of trust and its measurement argues that it misses the mark, and that there is neither a theoretical nor an empirical foundation for thinking that the macro and micro foundations of trust or its measurement are different from each other. Generalised trust is more than a simple illusion hiding behind institutional structures.
Keywords: Trust, Institutions, Economic growth
JEL Classification: B40, O11, Z13
Suggested Citation: Suggested Citation